Asian stocks were largely lower following the US’ poor performance yesterday, less Mainland China and Hong Kong, which posted a strong day on very high volumes.
Monthly Archives For February 2024
Climate change: China at risk of missing its goals unless it takes drastic action to rein in coal expansion, new research finds
China is at risk of missing its climate targets and suffering major economic losses unless it takes decisive actions to put a halt to runaway coal power plant expansion and reform outdated power grid …
Nvidia’s sales fell ‘significantly’ in China — but it’s still shipping chips to the country
Nvidia’s revenue boomed everywhere but China after US restrictions stinted sales of its chips. It’s now hoping “reconfigured” products might help.
Exclusive: US targets China’s top chipmaking plant after Huawei Mate 60 Pro
The Biden administration is turning up the heat on China’s top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a sophisticated chip for …
Silicon Valley Venture Capitalists Are Breaking Up With China
Under intensifying scrutiny from U.S. lawmakers, top firms have pulled back from investing in Chinese start-ups.
China at risk of missing 2025 climate targets, needs steep CO2 cuts: Study
China’s heavy reliance on coal and oil to fuel its economy since 2020 has led to a large spike in CO2 emissions. Read more at straitstimes.com.
China 2023 coal power approvals rose, putting climate targets at risk
China approved another 114 gigawatts (GW) of coal power capacity in 2023, up 10% from a year earlier, with the world’s top carbon polluter now at risk of falling short on climate targets after …
US lawmaker who chairs China committee arrives in Taiwan
U.S. Representative Mike Gallagher, who chairs the House of Representatives select committee on China, arrived in Taiwan on Thursday with a delegation of other lawmakers and will meet Taiwan’s …
US targets China’s top chipmaking plant after Huawei Mate 60 Pro
The Biden administration is turning up the heat on China’s top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a sophisticated chip for …
With Currys buyout, China’s JD.com could get hungered short-cut to Europe expansion
If JD.com does acquire British electronics retailer Currys, the Chinese ecommerce giant JD.com would get the store and warehouse network it needs to expand rapidly in the UK and Europe, at a …
U.S. to Invest Billions to Replace China-Made Cranes at Nation’s Ports
WASHINGTON—The Biden administration plans to invest billions in the domestic manufacturing of cargo cranes, seeking to counter fears that the prevalent use of China-built cranes with advanced software …
Starbucks launches pork-flavored coffee in China
Starbucks China has launched a new limited product for the Chinese New Year that combines latte and pork to form a unique drink called the “Abundant Year Savory Latte.” About the unique product: …
HSBC shares plunge to COVID-19 levels as investors fret over China’s troubles
The company’s share price fell at its sharpest rate since the early days of the COVID-19 pandemic, despite Europe’s largest lender … holiday days – and these industries are the worst While China …
