(Reuters) -Chip machine manufacturer ASML on Monday said the Dutch government had partially revoked an export license for the shipment of some chip-making equipment to China, following U.S. export …
Monthly Archives For January 2024
China’s Changxin Memory delays IPO, eyeing valuation of $19.5bn
BEIJING: Chinese chip maker Changxin Memory Technologies Inc (CXMT) is delaying its initial public offering (IPO) …
Japanese, Korean investors dial back on China, but can Beijing find common ground on trade?
China’s Foreign Minister Wang Yi called Japan and South Korea to restart negotiations on a trilateral free-trade agreement in November, amid pressure for them to diversify away.
Baidu Terminates $3.6B Deal to Buy JOYY’s China Live-Streaming Business
Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China saying certain conditions were yet to be fully satisfied.
China could see restored economic confidence in 2024 if Beijing makes the right moves on reform
The confusion and fear, along with the proliferating attitude of ‘lying flat’ among certain Chinese social groups, is a product of damaged confidence The word ‘reform’ should be read as …
China’s First Domestically Built Cruise Ship Begins Maiden Voyage
Its construction was delayed by the COVID-19 pandemic, according to Lloyd’s Register (LR), which provided marine services for the ship. It is China’s first foray into a sector dominated by European …
How China talked markets out of a run on the yuan
SINGAPORE (Reuters) -In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers. The strategy of moral suasion marks a sharp …
Missing exchange student from China found alive, possibly victim of cyber kidnapping, police say
A Chinese exchange student who authorities say was the victim of a cyber kidnapping scheme has been rescued from a tent outside Salt Lake City.
It looks like Tesla just lost the EV crown to China
Tesla has been losing its chokehold on the electric-vehicle market for much of the past year as more rivals enter the space and customers have more options. This has led to a series of price…
Beijing Is on a Wartime Footing
Biden needs to rebuild America’s ‘arsenal of democracy’ or risk being unprepared.
Sri Lanka’s China ‘debt trap’ fears grow as Beijing keeps investing
HONG KONG — Surging investment from China, including a multibillion dollar oil project late last year, is leaving a giant question mark over Sri Lanka even as it tries to restructure towering debt …
American Investors Say “No” To China
Wall Street has lined up with Washington to avoid China investments, less out of obedience to the administration or from patriotism but for its own serious reasons.
China Auto Giant BYD Sells More Electric Vehicles Than Ever
Sales by BYD, the country’s dominant automaker, topped 3 million last year, including 1.6 million fully battery-powered cars in a sign of China’s rapid growth in EVs.
