Last month, the installed capacity of power batteries for NEVs rose by 101.6% year on year to 31.6 gigawatt-hours (GWh), according to the China Association of Automobile Manufacturers. Specifically, …
Monthly Archives For October 2022
CORRECTED-China reports 1,267 new COVID cases for Oct 24 vs 1,076 a day earlier
China reported 1,267 new COVID-19 infections on Oct. 24, of which 246 were symptomatic and 1,021 were asymptomatic, the National Health Commission said on Tuesday.
Why China won’t bail out its real estate sector
China’s central government won’t likely be spending billions to save the struggling real estate sector, analysts said.
China’s Yuan Drops as PBOC Sets Fix at Weakest Level in 14 Years
The yuan tumbled to the weakest since 2007 after the People’s Bank of China loosened its grip on its tightly-controlled currency fixing by setting the rate at a 14-year low.Most Read from …
China is an ‘attractive market’ with ‘inexpensive’ stocks after big drops, fund manager says giving 3 picks
Fund manager Brian Arcese expects valuations to bounce back over the next 12 months as he believes the “regulatory overhang” facing Chinese stocks is “abating”.
More tensions with China expected, as leader Xi Jinping tightens control with third term
The world faces the prospect of more tension with China over trade, security and human rights after Xi Jinping awarded himself another five-year term as leader of the ruling Communist Party and called …
Intel CEO Calls U.S. Chip Restrictions on China ‘Inevitable’
On Oct.7, the Commerce Department announced new controls on exports of chips and semiconductor-manufacturing equipment to China to protect U.S. national-security interests.
Intel CEO says U.S. crackdown on chip exports to China was ‘inevitable’
Intel Corp. Chief Executive Pat Gelsinger said that recently imposed U.S. restrictions on semiconductor-industry exports to China were inevitable as …
China’s wealthy activate escape plans as Xi Jinping extends rule
Rich citizens fearing high taxes and personal safety move capital out of country and arrange residences overseas …
Mobileye IPO not capital raise, but market entry -Intel CEO at WSJ Tech Live Conf
Intel Corp’s Chief Executive Pat Gelsinger on Monday said the initial public offering of its self-driving tech company Mobileye was not a capital raise, but more of an entry into the market.
U.S. Takes Note of China Congress, Says Important to Keep Communications Open
The United States said on Monday it had taken note of the Communist Party congress in strategic rival China that confirmed Xi Jinping in an unprecedented third term as leader, and stressed the …
Wray: China continues to ‘lie, cheat, and steal’ in bid for tech dominance
The Chinese government is bent on “unfairly dominating entire technology sectors,” the FBI director said amid the disclosure of new charges against Chinese intelligence officers in a case involving a …
China’s exports weaken, imports up 0.3% in September
China’s export growth weakened in September as global consumer demand cooled while imports rebounded from a contraction after Chinese economic growth improved. Exports rose 5.7% …
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