China is set to launch a new state-backed investment fund that aims to raise about $40 billion for its semiconductor sector, two people familiar with the matter said, as the country ramps up efforts …
Monthly Archives For September 2023
Commerce Secretary Raimondo: U.S. businesses are ‘desperate for some kind of dialogue’ with China
Commerce Secretary Gina Raimondo discussed the economic relationship between the U.S. and China with CNBC’s Jim Cramer.
US commerce secretary doesn’t expect changes to Trump China tariffs until review complete
U.S. Commerce Secretary Gina Raimondo said on Tuesday she does not expect any revisions to U.S. tariffs on China imposed during President Donald Trump’s administration until an ongoing review is …
China’s No. 2 Steps Onto World Stage as Xi Skips G-20 in India
China’s new premier is taking his first steps into the global spotlight this week, in part thanks to President Xi Jinping’s surprise snub of a key gathering of world leaders in India.Most Read from …
China’s exports, imports likely contracted more slowly in August
China’s exports likely contracted at a slower pace in August, a Reuters poll showed on Tuesday, highlighting that manufacturers remain under pressure after outbound shipments recorded their worst …
China’s Little Genius smartwatch for kids overtakes Apple Watch in home market thanks to features such as remote body temperature alerts
A Chinese smartwatch aimed at children aged from four to 15 has overtaken Apple Watch to become the second top selling brand in China, thanks to features that allow parents to remotely monitor their …
Iron Ore Giant Vale Says China Property Outlook Is More Encouraging
No. 2 iron ore miner Vale SA said the outlook for China’s steel-intensive property sector is “more encouraging” despite uncertainties, and reiterated its long-term view of the global steel market remains intact.
Chip war heats up: China to launch $40B state fund for semiconductor manufacturing
China National Tobacco Corp. and China Telecom in addition to the government’s finance ministry. In the past, the Big Fund has provided financing to China’s two largest chip foundries, Semiconductor …
China’s foreign-investment push still boils down to transparency and cumbersome restrictions, business groups say
Foreign investors remain deeply concerned about China’s tightening grip on matters of national security, and they are calling for greater transparency by Beijing to improve the business environment as they await the impact of policy…
Whichever Way the U.S. Pivots, China Is Already There | Opinion
It has often been argued that Washington’s increased focus on a rising Chinese threat is distracting the U.S. from paying sufficient attention to other threats.
Has China’s Shanghai Turned Into ‘Ghost Town’? What Photos Show
Author Michael Yon posted photographs appearing to show an empty Shanghai on social media platform X, formerly known as Twitter. He said the photos, which show desolate roads and an empty Starbucks were taken by…
China Issues Ominous Warning for U.S.
“The Chinese mainland has never promised to renounce the use of force,” a Chinese state-run news outlet said on Tuesday.
China should sacrifice the yuan to avoid falling into a vicious cycle of debt and deflation, economist says
“But if the price of saving the economy from entrenched deflation is a weaker renminbi, it is a price worth paying,” said economist Shang-Jin Wei.
