China wants the chips inside EVs to be Chinese-made, while the U.S. is objecting to the country’s push for self-sufficiency in the $80 billion business.
Monthly Archives For December 2024
U.S. reveals China-backed hackers breached U.S. Treasury in ‘major incident’
The Biden administration revealed Monday that China-backed hackers infiltrated the U.S. Treasury Department earlier this month in what officials are calling a “major cybersecurity incident.” …
China’s December factory activity growth misses expectations as analysts decry insufficient stimulus
China’s factory activity expanded for a third straight month in December, but growth slowed and also missed Reuters’ poll expectations.
Treasury Department hit in cyberbreach by China-sponsored actor, officials say
The Treasury Department was breached by a China -sponsored actor earlier this month, officials told Congress in a letter on Monday. The “major” breach was achieved by gaining access to a third-party …
China Dec factory activity expands at slower pace as trade risks rise
China’s manufacturing activity grew for a third straight month in December but barely, an official factory survey showed on Tuesday, suggesting the effects of policy stimulus may take more time to …
Chinese hackers infiltrate US Treasury in major cyberattack, officials tell Congress
A China state-backed actor successfully breached US Treasury Department workstations and accessed “unclassified” documents via a cloud service intrusion earlier this month, officials …
Hong Kong sees rush of IPO filings on last trading day of 2024
From an investor’s viewpoint, I would say it’s a wise decision to get IPO before Trump administration because who knows what he is going to say with his tariff implementation or policy.” …
Shenzhen International Eyewear (Wearable) Design Contest 2024
On December 26, the Shenzhen International Eyewear (Wearable) Design Contest roadshow was held in Shenzhen. This roadshow is a supporting activity of the Light Vision 2024 Shenzhen International …
Shenzhen International Advances South China Logistics Park Transformation
Shenzhen International Holdings (HK:0152) has released an update. Shenzhen International Holdings is moving forward with the transformation and …
2024 review: China chip and auto sector reshaped by self-sufficiency efforts and US sanctions
The year 2024 saw intensifying US-China tech tensions amid sweeping US sanctions and China’s economic challenges, including weak demand, declining foreign investment, and widespread layoffs. With …
China’s Xpeng plans to hire more than 6,000 workers in 2025
World at Workcategory Exclusive: Brazil yanks temp work visas for China’s BYD after trafficking claims December … reaching billions of people worldwide every day. Reuters provides business, …
China economy: Beijing must make strong preparations for a period of slow growth
China is expected to record 5 per cent economic growth this year, but that number has lost its relevance to many investors and consumers For many Chinese, 2024 will be remembered as a year when…
China’s December factory activity growth misses expectations as experts decry insufficient stimulus
The country’s official purchasing managers’ index for December came in at 50.1, data released by the National Bureau of Statistics data showed. The reading missed Reuters’ expectations of 50.3.
