China has imposed sanctions on U.S. lawmaker Jim McGovern on the grounds of interference in the country’s affairs, freezing assets and barring him from conducting transactions in China, the Chinese …
Monthly Archives For July 2024
ASML shares up on hopes it will be spared in next round of US-China chip fight
Shares in ASML , the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that implied it will be spared the brunt of new U.S.-China export …
ASML shares up on hopes it will be spared in next round of US-China chip fight
Shares in ASML , the largest maker of equipment used to manufacture computer chips, jumped on Wednesday following a Reuters report that implied it will be spared the brunt of new U.S.-China export …
China science, technology news summary — July 31
the China Science and Technology Daily reported Monday. HEART DISEASE TREATMENT Chinese researchers have pioneered a beating-heart myectomy system and developed a minimally invasive procedure to treat …
China science, technology news summary — July 31
the China Science and Technology Daily reported Monday. HEART DISEASE TREATMENT Chinese researchers have pioneered a beating-heart myectomy system and developed a minimally invasive procedure to treat …
China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
Law enforcement in the Chinese province of Shaanxi has cracked a crypto fraud scheme, arresting four suspects who defrauded an investor of about $60,000.
ASML Shares Surge Over 7% As Team Biden Plans To Exempt Allies From New Rule On Foreign Chip Equipment Export To China
The rule is an extension of the Foreign Direct Product rule, which gives the U.S. government the power to stop the sale of products made using American technology, including those manufactured in a …
Asia markets are mixed as investors assess China business activity data, await Bank of Japan rate decision
The Bank of Japan is expected to raise its benchmark interest rate and detail its plan to trim its rate of bond buying.
Steel ministry seeks probe into cheaper imports from China, Vietnam
India’s Ministry of Steel has asked the trade ministry to investigate cheaper steel imports from China and Vietnam amid rising imports. India turned net steel importer in FY23, with imports reaching a …
China’s trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned, report says
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
China to step up fiscal policy implementation to spur economic recovery: official
Photo/IC] BEIJING – China will intensify the implementation of its fiscal policies to support economic recovery, a finance ministry official said on Wednesday. The country will issue the ultra-long …
ASML, Tokyo Electron jumps on report US will exempt allies from China chip restrictions
Semiconductor stocks soar as the Biden administration plans to exempt Japan, Netherlands, and South Korea from export restrictions, targeting Chinese chipmakers. Key players like ASML and Tokyo Electron see significant stock gains.
China to adjust drone export control measures from Sept. 1
China’s commerce ministry said on Wednesday it will adjust export control measures for drones, effective from Sept. 1.