Data reflects rigid US export measures, under which China is unable to directly purchase advanced chips such as Nvidia’s H100 and A100 GPUs.
Monthly Archives For January 2024
BlackRock Predicts 3 Events That May Impact the Crypto Market in 2024
BlackRock identifies 3 key events in 2024 that could reshape the crypto market. How can these insights help navigate the industry?
China likely to pass Japan, Germany as world’s top auto exporter in 2023
Japanese exports are expected to remain in the lower half of the 4 million units range for 2023, according to the Japan Automobile Manufacturers Association.
China experiments with deadly coronavirus-like virus that is ‘100% fatal to mice’
China created a new deadly coronavirus-like virus that is fatal to mice, it has emerged. Doctors trained by China’s military created their own version of the “pangolin coronavirus” and tested it on …
Unprecedented 3,000-year-old sacrificial pit found in China. See the chilling site
Archaeologists were excavating the moat ruins of the ancient city of Huanbei when they uncovered a bone-filled ditch, according to a Jan. 11 news release from the Institute of Archaeology at the Chinese Academy of…
China’s Deflation Shows Domestic Demand Is Big 2024 Challenge
China’s latest batch of data featured continued declines in consumer prices, flat import growth, and a slowdown in the pace of lending — all suggesting sluggish domestic demand will again top the …
China trade: prospects under cloud in 2024 despite December uptick as recovery lags, de-risking continues
China’s exports rose by 2.3 per cent in December compared to a year earlier, but its shipments are set to face pressure from trade barriers and a global slowdown in 2024, analysts said.
China Market Update: Trade Data Beats, Pork Prices Fall, Week In Review
Asian equities ended the week largely higher though still mixed as Japan and India outperformed and investors digested yesterday’s higher-than-expected US inflation in December.
The Lesson From BYD’s EV Takeover: Don’t Discount China
Here in the U.S., we hear a lot about how legacy automakers are racing to catch up to Tesla and capture a piece of the growing electric vehicle market. Tesla has a head start, but…
Qualcomm CEO: Leading tech requires ‘big business in China’
In an interview at CES in Las Vegas, CEO Cristiano Amon expressed confidence about Qualcomm’s business in China, its largest market by revenue.
China’s BYD electric vehicles leave Tesla standing
Shenzhen carmaker is having the last laugh on Elon Musk as its global deliveries overtake those of US rival Elon Musk, the Tesla boss and world’s richest man, is having a rough ride. BYD, the…
Shein’s IPO Plans Put It in U.S.-China Crosshairs
What could be one of the biggest listings in years is likely to depend on the fashion giant’s ability to satisfy both Beijing and Washington.
US House passes finance bills bolstering Taiwan and squeezing China ahead of island’s presidential election
One supports including Taipei in IMF while another directs regulators to exclude Beijing from banking organisations over threats to self-ruled island.
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