The facility, expected to employ 5,500 people, is the first US-owned lithium-ion production facility that will use primarily North American-based sources.
Monthly Archives For September 2022
Centre likely to step up checks on China imports
Pradeep Multani, President of PHD Chamber of Commerce and Industry (PHDCCI), said: “Imports from China have changed from low-value, low-cost products like toys and crackers to high-value items like …
Deutsche Bank Appointed as Depositary Bank for the Global Depositary Receipt Program of Lepu Medical Technology (Beijing) Co., Ltd.
Deutsche Bank announced today its appointment as depositary bank for the Global Depositary Receipt (“GDR”) program of Lepu Medical Technology (Beijing) Co., Ltd. The GDRs are listed on the SIX Swiss …
China brings cash to former Soviet republics in bid to win favour with Central Asian ‘stans’
New investments and agreements illustrate how deals between China and the former Soviet republics of Central Asia are being increasingly prioritised following President Xi Jinping’s visit.
China’s Fossil Fuel Imports From Russia Are Soaring
China’s imports of fossil fuels from Russia soared in August, as Beijing moves to reap the benefits of a plunge in European buying and tumbling prices for Russian oil …
China to Expand Trials of e-CNY by Bringing it to Over 360M New Users
Fan Yifei, the deputy governor of The People’s Bank of China (PBOC) said that they are planning to expand the trials of the digital yuan. The expansion of the trial is expected to take place…
US bank chiefs commit to leaving China if ordered by Washington
Leaders of JPMorgan Chase, Bank of America and Citigroup have committed to complying with any US government demand to pull out of China if Beijing were to attack Taiwan. The chief executives of the …
U.S. decides against national security tariffs on rare earth magnets from China, Japan, EU
The decision avoids a new trade fight with Beijing, as well as with Japan, the European Union and other countries that export the magnets or have hopes of doing that to meet an expected upsurge…
Why China’s Startup Investors Depend on U.S. IPOs
China’s tech startups have received billions in private financing over the past two decades, with some of those companies going on to make warmly received public market debuts. In 2014, Alibaba had …
Covid-19: China reopens borders to medical students, but problems remain
Medical students from India who have been studying in China have been heartened by the decision to allow them to return to resume their studies in person, although they admit that many obstacles …
China is depleting its oil stockpiles in a potential sign Beijing is looking to boost the economy with a surge in fuel exports
Roughly 1 million barrels per day have left Chinese inventories in the last three weeks, according to data from Vortexa cited by Bloomberg.
Voices: Biden sent a clear message to Putin — and to China — in his UN General Assembly speech
This war is about extinguishing Ukraine’s right to exist as a state, pure and simple,’ Biden said. ‘Whoever you are, wherever you live, whatever you believe, that should make your blood run cold.’ …
Nvidia CEO sees ‘large space’ for China sales despite U.S. restrictions
Nvidia Corp Chief Executive Jensen Huang said Wednesday that he continues to see a large market for Nvidia’s data center chips in China despite U.S. restrictions on exports of two of its top chips to…
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