The US’ reported move to tighten export controls on semiconductors targeting China by taking stricter measures to pressure companies in countries such as Japan and the Netherlands severely deviates …
Monthly Archives For July 2024
China Market Update: Third Plenum Promises To Fix “Insufficient Demand”, Week In Review
Asian equities ended the week with a thud, as only Mainland China, the Philippines, and Malaysia managed gains.
Retail Central Bank Digital Currencies Are Off To A Slow Start In Asia
Although Asia started off as the center of CBDC hype, the results five years on, both inside China and out, have been mixed.
China’s pledge of economic reform met with cautious welcome as businesses await details
Party officials gave reporters a glimpse of possible reforms, such as efforts to build a “national strategic talent force”. Read more at straitstimes.com.
China’s third plenum vows support for private sector, ‘stable’ climate for foreign firms
Observers and business owners welcome initiatives but some raise concerns about implementation at the local level.
Trump sanctions prompted China Xiaomi’s EV entry, CEO says
A decision by the Trump administration to sanction China’s Xiaomi Corp in early 2021 was the catalyst for the company’s decision to build its first electric car, CEO Lei Jun said on Friday.
China Unicom eyes next-generation internet
China Unicom will step up push to build the next-generation internet, namely intelligent computing network, so as to better drive the development of artificial intelligence, its chairman said on …
CHINA MOBILE (00941.HK) Mobile Biz Net Gains 1.816M New Customers in June
CHINA MOBILE (00941.HK) announced its June customer data. The total number of mobile business customers exceeded 1 billion, with a net increase of 1.816 million customers and a cumulative increase of …
Billionaire Mark Cuban Issues ‘Crazy’ Bitcoin Price Prediction Amid Wild Ethereum, XRP And Crypto Swings
Cuban, who’s an outspoken Democrat, supporter U.S. president Joe Biden and famously said in 2018 he’d rather have bananas than bitcoin, became a bitcoin and crypto convert through the Covid pandemic …
China’s Shenzhen city has 1.08 million new energy vehicles running on roads by June 2024
Shanghai (Gasgoo)- As of June 2024, China ‘ s megacity Shenzhen has had approximately 4.263 million motor vehicles running on roads, of which 1.08 million are new energy vehicles (NEVs), representing …
China Is Hiding A Population Secret, Analyst Claims
Chinese local governments are incentivized to overreport the number of residents to apply for more funding, a Chinese demographer told Newsweek.
Oil steady as supply outlook offsets strong dollar and China worries
Oil prices were little changed on Friday as a strong dollar and concern over the economy of top oil importer China were countered by a tighter supply outlook. Brent crude prices fell by 9 cents,…
China lithium rebounds on Chile earthquake, but demand concerns persist
China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s major lithium producing region, although growing demand concerns weighed on the metal used in electric vehicle batteries.
ADVERTISEMENT
