State news agency Xinhua flags up the Chinese leader’s commitment to the private sector and paints him as the true heir to Deng Xiaoping.
Monthly Archives For July 2024
Japan export growth cools amid worries about China slowdown
Japanese exports rose in June for a seventh straight month, but the pace of growth slowed sharply from the previous month, data showed on Thursday, underscoring concerns that a slowdown in China may hamper Japan’s…
ASML Stock Up 49% In 2024, But Falling On Fear Of China Export Curbs
Despite expectations-beating revenue and profits, ASML’s future could be at risk if China export restrictions stiffen or a pay off from generative AI remains elusive.
VW markets new electric brand for China to compete with BYD
German carmaker Volkswagen is putting a new electric car range on the market in China. The vehicle under the brand name “ID. Unyx” is to hit showrooms this summer, a spokesman said on Wednesday as…
WTO says China is backsliding on key reforms and lacks transparency on subsidies
Report cites studies that say subsidies could top US$900 billion – providing fuel for critics of Beijing’s practices such as the EU and US.
Strict export controls on China can have ‘unintended consequences’
The Biden administration weighs tighter trade restrictions on chip exports to China. Additionally, former President Trump — now the confirmed Republican nominee — commented that Taiwan should be paying the US more for defense in…
China suspends nuclear talks with the U.S. over Taiwan arms sales
China on Wednesday said it has suspended arms control and nuclear nonproliferation talks with Washington, blaming the diplomatic stall on ongoing U.S. arms sales to Taiwan. The freeze comes just eight …
6 dead and others trapped after fire breaks out in China shopping mall
Six people have died and others remain trapped after a fire broke out in a shopping mall in China on Wednesday, according to Chinese state broadcaster CCTV.
Tech stocks dive after report that Biden administration plans to crack down on China chipmakers
Tech shares fell Wednesday as investors shed the behemoths that fueled Wall Street’s monster stock rally this year.
China says it has halted arms-control talks with US over Taiwan
China has halted nascent nuclear-arms-control talks with the United States, its foreign ministry said on Wednesday, in a protest of Washington’s arms sales to the democratically governed island of …
Biden weighs tougher trade rules to block allies’ chipmaking exports to China
The U.S. has wielded its trading powers for years to curb advanced chipmaking shipments to China, but it’s now reportedly considering tougher trade rules if allies continue selling chip tech to China.
ASML Stock Up 49% In 2024, Falls On Fear Of China Export Curbs
Despite expectations-beating revenue and profits, ASML’s future could be at risk if China export restrictions stiffen or a pay off from generative AI remains elusive.
Trump Invites China to Invade Taiwan If He Returns to Office
Taiwan is a democracy off the coast of China. It used to be part of China until the Chinese civil war left it de facto independent. The Chinese Communist Party has never recognized Taiwan’s independence.
