ASML’s surging sales to China in the second quarter accounted for nearly half of the Dutch company’s revenue, revealing the limited impact of US export restrictions so far as the Biden administration considers even tougher…
Monthly Archives For July 2024
China manufacturing outpaces economy for third straight quarter
CHINA’S manufacturing sector grew faster than the overall economy for a third quarter in a row, underscoring how industry and exports are driving growth in the world’s second-largest economy. Read more at The Business Times.
China likely to ditch unified AI legislation due to ‘considerable disagreement’, timing
A lack of consensus between industry and academics is holding up efforts to craft comprehensive national rules to govern AI, experts say.
China’s Expanding Satellite Internet Industry with Global Outreach
In the event of a vehicle collision, satellite communication links enable emergency alarms and status reporting. In February, China Mobile released a white paper highlighting the integration of …
South China Sea: Beijing urged to set deadline for Manila to withdraw from shoal
Beijing should set a definitive time frame for Manila to withdraw from Second Thomas Shoal, a move that would be a big step towards ending the long-standing “cat-and-mouse game” over the contentious …
China’s ‘rising star’ in chip design software cuts up to half its workforce amid market headwinds
It counts HongShan (formerly Sequoia Capital China), Matrix Partners China, China Information and Communication Technology Group as investors. The firm is a rising star among local EDA firms, and was included on the provincial Nanjing…
It looks like the party’s over for luxury goods in China
Luxury retailers say they’ve been hit by slumping sales in China, while tourism spending in Japan booms.
It looks like the party’s over for luxury goods in China
Luxury retailers say they’ve been hit by slumping sales in China, while tourism spending in Japan booms.
Luxury brands feel the sting as Chinese growth slows
The prolonged downturn in luxury spending in China is unlikely to reverse this year, analysts and executives warn, deepening a rout which has wiped almost $200 billion off the sector’s value in recent …
‘I Don’t Like China:’ What JD Vance Has Said About Beijing
Presidential candidate Donald Trump’s pick for running mate is JD Vance, a memoirist turned senator who has been very critical of China across a range of issues.Vance has suggested the US military …
South China Sea: hotlines exist, but Philippines says Beijing ‘does not answer’
Hotlines to avert clashes in the South China Sea already exist but Beijing does not answer calls, according to Philippine government sources familiar with such mechanisms, after news emerged China was …
China In Eurasia Briefing: Beijing Casts A Shadow Over NATO
Plus: What J.D. Vance could mean for U.S. China policy, the third plenum and China’s economy, Serbia looks into nuclear energy, Xi’s Central Asian outreach, and more.
China Duty Free Group among top 500 China brands, leads travel sector again
The World Brand Summit and China’s 500 Most Valuable Brands news release event in Beijing, June 19, 2024. [Photo courtesy of organizers] China Duty Free Group (CDFG), a subsidiary of China Tourism …
