Huawei Technologies’ plan to develop more powerful chips for AI and phones is facing hurdles due to the U.S. export curbs, Bloomberg News reported. The Chinese tech giant is designing its next two Ascend processors,
Monthly Archives For November 2024
Car driven into crowd outside China primary school
A car has been driven into a crowd of people outside a primary school in China’s Hunan province, according to state media. There are no details of casualties yet but state media said “several students…
China Tightens Grip on Hong Kong with Mass Incarcerations
The Beijing-imposed National Security Law was harnessed to retroactively prosecute 45 pro-democracy figures over an unofficial primary in 2020.
Chinese Stocks Slide Amid Economic Uncertainty
Chinese stocks hit a two-week low, while Hong Kong shares stabilized as investors keenly awaited updates on economic stimulus from Beijing and U.S. trade policies. Despite losses in the communication …
China unveils plan to catch can of Martian rock samples in space and bring it back
China unveils plan to catch can of Martian rock samples in space and bring it back – Conventional orbital docking and transfer method may not work effectively on Mars due to its weaker gravity
Beijing vows market reforms, backs Hong Kong as financial hub amid global tensions
Beijing told top Wall Street executives on Tuesday that it will move ahead with capital market reforms and in the opening up of its financial sector …
Beijing pledges to open up markets, support Hong Kong amid geopolitical concerns
Beijing told top Wall Street executives on Tuesday that it will move ahead with capital market reforms and in the opening up of its financial sector for foreigners, while supporting Hong Kong in …
US Business Owners Sound Off on Impact of Potential Trump Tariffs
Tariffs may have large economic implications in a second Trump term if implemented, which one small-business owner told Newsweek would have a “domino effect.” …
China’s debt cleanup leaves less cash for big building projects
CHINA’S push to improve the finances of cash-strapped localities will mean they have less money to spend on big infrastructure projects because for the first time funds from the sale of new local …
Foreign governments criticize Hong Kong’s sentencing of 45 activists. Beijing defends it
Forty-five prominent activists in Hong Kong have been sentenced to up to 10 years in jail, sparking criticism from foreign governments and rights groups.
Swiss Watch Exports Fall Again Amid Plummeting Demand in China
Swiss watch exports fell for a second straight month in October as a sharp drop in shipments to China offset growth in the US.
China offers a ‘unique diversification opportunity,’ says Bridgewater’s co-CIO
Bob Prince said diversification is one of the most important themes for investors today because geopolitical problems are causing de-globalization.
China’s CNPC to secure 4.7% more natural gas for winter heating this year
China, the world’s largest importer of LNG … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop …
