Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the US government a …
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US container imports may have peaked in July, chief of busiest seaport says
Ocean imports to the United States may have peaked in July after retailers raced to bring in goods from China and elsewhere to avoid potentially hefty tariffs on holiday-related products, the top …
Jack Dorsey declares victory over China in Bitcoin mining chip race
Twitter co-founder and Block, Inc. (NYSE: XYZ) boss Jack Dorsey thinks his team has outdone China in Bitcoin mining chips. Bitcoin mining is the process of using high-end computers to solve …
IndiGo stands ready to resume flights to China: CEO Pieter Elbers
IndiGo CEO Pieter Elbers announced the airline’s readiness to resume direct flights between India and China, which were suspended due to the coronavirus pandemic in early 2020. Prior to the suspension …
US briefly deploys 2 warships to a disputed South China Sea shoal after Chinese collision
The United States has deployed two warships to the disputed South China Sea near Scarborough Shoal. This follows a collision between Chinese navy and coast guard ships while they attempted to drive away a smaller…
China Tests Crew Escape System For Next-Gen Mengzhou Spacecraft
China’s new Mengzhou spacecraft completed a crew escape system test at the Jiuquan Satellite Launch Center. The spacecraft will be used for future crewed lunar missions. Credit: Space.com | footage co
How Binance’s Yi He became ‘the most powerful woman in crypto’—and steered the company past its biggest ordeal
Yi He, whom Bloomberg dubbed “the most powerful woman in crypto,” has climbed to the top of the blockchain world using this mix of smarts, hustle, and cockiness—qualities she shares with her cofounder …
Bessent Dismisses China Investing in US as Part of a Trade Deal
Treasury Secretary Scott Bessent dismissed the possibility that Chinese investments in the US could be part of any trade pact, comments that narrow the options for the two sides to resolve their …
How China’s property boom created and ate up world’s most indebted firm
Once China’s top developer, Evergrande’s fall highlights Beijing’s fragmented approach to a deepening real estate slump, with little relief for offshore creditors or private firms …
Micron starts lay-offs in China as US memory chipmaker retreats from mobile NAND market
The affected mainland Micron units include research and development, testing and support facilities, according to Chinese media reports.
Micron walks away from China’s mobile NAND market, opening doors for rivals
Micron Technology is retreating from the mobile NAND flash market and cutting its China footprint, a shift set to benefit Samsung Electronics and Yangtze Memory Technologies Co. (YMTC). The US …
What does the Beidaihe guest list tell us about China’s economic priorities?
The invitees to the Communist Party’s annual summer getaway offer clues about Beijing’s priorities ahead of a crucial October meeting.
A Double Jolt For Chinese Stocks — Thanks To Trump And Beijing’s Big Bet
U.S.-listed Chinese stocks rallied sharply Wednesday morning, as Beijing’s new stimulus targeting consumer loans and service-sector businesses signaled a deeper commitment to reviving domestic demand …
