The company, which operates an online platform connecting individuals and businesses with recycling services, plans to expand globally.
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Biden Targets China’s Chip Industry With Wider Trade Bans
New rules prohibit the sale of certain types of chips and equipment to China, in an effort to close loopholes and cement the Biden administration’s legacy in countering the U.S. rival.
European factories struggled last month as China’s perked up ahead of Trump tariffs
Manufacturing activity fell sharply across Europe last month and a further decline in demand dashed hopes for an imminent turnaround, whereas in China factories extended their recovery, surveys showed.
U.S. restricts exports to 140 Chinese companies in sweeping chip crackdown
The U.S. is launching new export restrictions on 140 Chinese semiconductor companies, targeting advanced chips and manufacturing tools, aiming to limit China’s chip production and national security …
Biden’s Farewell to China’s Tech Sector: A New Type of Forbidden Chip
The export of memory chips used in AI applications is restricted, but a delayed announcement gave Chinese companies the chance to stock up.
China vows resolute measures to safeguard Chinese firms’ legitimate interests after reported US chip export curb
China on Monday vowed to take resolute measures to protect the legitimate rights and interests of Chinese enterprises in response to reports that the US is preparing to implement a new round of chip …
China Skips Politburo Readout as Investors Await Stimulus Clues
The Communist Party’s elite decision-making body skipped releasing a readout for its regular November meeting, leaving investors hungry for signs of stimulus waiting for the conclusion of two major …
China bonds rally with 10-year yield hitting a multi-decade low on rate cut expectations
China bonds rallied Monday with the 10-year yield dropping below the key psychological level of 2% to hit a multi-decade low.
How China will make or break Trump’s bromance with Elon Musk
Dozens of yellow and red robotic arms move swiftly and silently as they assemble the latest range of Tesla electric cars. A white sheet of spray paint is then applied before the vehicles move to…
Indonesia yet to agree joint development areas with Beijing in South China Sea, minister says
Indonesia has yet to decide on any joint development areas with China in the South China Sea, its foreign minister said on Monday, seeking to allay concerns that a recent agreement with Beijing could compromise…
Iran’s Oil Trade With China Rattled by US Sanctions on Tankers
A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery of oil from the OPEC producer to its most valuable customer: China.
China’s relentless bond rally pushes 10-year yield below 2%, lowest on record
China’s 10-year yield broke below 2% to hit its lowest point on record on Monday, breaking a psychological barrier as a sputtering economy and bets on further rate cuts drive investors into the safety …
China’s Nov factory activity growth hits 5-month high, Caixin PMI shows
China’s factory activity expanded at the fastest pace in five months in November as new orders, including those from abroad, led to a solid rise in production, pushing manufacturers’ optimism degree …
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