There plans to cut Chinese dependency are coming nearly a decade too late. If rich democracies wanted to build a clean-energy industry free of Beijing’s influence, they should have had their …
BUSINESS
AIA’s 2023 Value of New Business Grew on China Demand
AIA Group’s value of new business rose in 2023 as it benefited from the lifting of pandemic restrictions in mainland China, which saw robust demand for its insurance products.
A devastating fried chicken shop explosion in China has killed 7 people and injured 27 others, the authorities say
The fireball blast has seized national attention in China, and attracted controversy after frontline staff were seen pushing local reporters away.
Taylors Wines Says Hard Work Needed to Rebuild Brand in China
Taylors Wines foresees challenges in rebuilding its brand in China, but the Australian vintner is ready to re-enter the market over the next two to three months once punitive tariffs come to an end.
China’s Commodities Imports Surge But Demand May Yet Disappoint
China’s raw materials purchases surged in the first two months of the year, as importers took advantage of weaker prices for some commodities and prepared for more stimulus from Beijing to lift demand …
Analysis-China Lithium Boom Slows as Sagging Prices Batter High-Cost Miners
BEIJING (Reuters) – A slump in the price of lithium, a key raw material in electric car batteries, is dragging on China’s mining of the ultralight metal which together with a costly extraction process …
Crypto miners are buying up all the AMD Ryzen CPUs
Cryptocurrency mining has always led to a resource drain, particularly in power, water, and land. Crypto miners are now buying AMD Ryzen CPUs in bulk, resulting …
FOCUS-As trade with China booms, some Russian companies are flourishing
Business at Nikita Minenkov’s logistics company, based near the Amur River that marks the border between Russia and China, was going well. Since Moscow’s invasion of Ukraine it’s gone even better – …
Yellen says US aims to ensure domestic EV maker success as China boosts exports
U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of the domestic electric vehicle (EV) industry in the face of China’s …
Joe Biden’s latest budge proposal calls for a 30% tax on crypto mining
U.S. President Joe Biden is pitching a variety of crypto related taxes and regulations, which he says could generate almost $10 billion next year.
Yellen says US moving to ensure domestic EV maker success despite China’s exports
U.S. Treasury Secretary Janet Yellen on Wednesday said the Biden administration was taking steps to ensure the success of its domestic electric vehicle industry in the face of China’s growing exports …
Wing Yip Food Barely Grows As It Files For U.S. IPO
Wing Yip’s revenue growth has been slow and its financial metrics have produced uneven results. Read more to see my analysis on WYHG IPO.
AI is an important engine for ‘new productive forces’, China’s Li says
China’s premier called artificial intelligence an important engine for the “new productive forces”, state television CCTV said on Wednesday.
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