Two of China’s most prominent designers of AI chips are targeting initial public offerings in Shanghai as soon as this year, taking advantage of growing appetite for domestic players seeking to …
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China’s commerce minister to visit EU as EV tariff vote looms
China’s Commerce Minister Wang Wentao will visit Europe in the coming days for discussions on the European Union’s anti-subsidy case against China-made electric vehicles (EVs) as a vote on imposing …
China’s Chery plans investment drive to build Omoda, Jaecoo brands in Europe
Chinese carmaker Chery Auto is ready to spend billions of euros to ensure its Omoda and Jaecoo brands are embraced by European customers within three years, the head of the two brands for the Italian…
How China’s adoption of IPO system proved fatal for $1.7 trillion brokerage industry? — explained
China’s $1.7 trillion brokerage industry faces a severe regulatory crackdown, with 8,700 investment bankers facing pay cuts and travel restrictions …
Tech war: US-sanctioned Chinese AI chip rival to Nvidia, Biren Technology, plans IPO
The Shanghai-based unicorn, seen as a potential Nvidia competitor on the mainland, has begun its IPO tutoring process Artificial intelligence (AI) chip start-up Biren Technology, one of China’s best …
US companies see record-low profits in China amid geopolitical tensions and slow growth, report says
Out of 306 companies polled, a record-low 66 percent were profitable in 2023, according to the China business report published by the American Chamber of Commerce in Shanghai.
Philippines says had ‘frank, candid’ talks with China on South China Sea
The Philippines reaffirmed its position on Sabina Shoal in the South China Sea even as it agreed with China to explore ways to lower the tension in area, its foreign ministry said on Thursday. Manila…
Harris or Trump: Does it matter for China who wins the election?
The U.S. in May announced stiff duties on about $18 billion worth of Chinese imports, including EVs, solar cells, lithium batteries, steel and aluminum.
A CEO went missing. Then his bank got a mysterious bill for $11 million
The request for payment from unspecified Chinese authorities only deepens the mystery surrounding the whereabouts of Bao, who founded boutique investment bank China Renaissance in Beijing in 2005 and …
China’s Slowdown Threatens Pace of Global Oil-Demand Growth, IEA Says
A rapid slowdown in Chinese oil-demand growth is driving down global consumption, reinforcing expectations that demand will peak by the end of the decade, the International Energy Agency said. The Paris-based organization forecasts this year’s…
India, China discuss early resumption of passenger flights, Indian minister says
India and China discussed early resumption of direct passenger flights between their two countries, India’s Civil Aviation Minister Ram Mohan Naidu Kinjarapu said on Thursday, in an indication that …
Business News LIVE Updates Today September 12, 2024: China detains investment bankers, takes passports amid increased crackdown
Read more news like this on HindustanTimes.com …
‘If US moves its pawns, PLA will never have patience’: China at Beijing defence forum
Washington and Beijing have clashed in recent months over China’s increasingly assertive approach in disputed maritime regions, including the South China Sea …
