As companies begin their nearshoring efforts, they will need to develop strong relationships with the right cross-border partners to ensure success. The post Mexico offers attractive alternative for …
BUSINESS
Nvidia Has Developed Alternative Data Center Products for the China Market That Don’t Require a License to Export
On the AI chip leader’s recent earnings call, management discussed a topic that investors should know about: Nvidia’s data center platform’s sales to China.
China’s Jan gold imports via HK gallop to 6-year highs on festive spirit
China’s monthly net gold imports via Hong Kong surged 51% in January to their highest since mid-2018, official data showed on Tuesday, as customers amassed the precious metal in preparation for the …
China Stock Market Surges as AI Firms Lead Rally
China stock market gains 1.3% driven by AI sector surge. Investors anticipate policy moves amid upcoming National People’s Congress meeting.
Alibaba Leads Record Deal to Mint $2.5 Billion China AI Firm
Alibaba previously joined a $300 million-plus round for Zhipu in 2023 alongside longtime rival Tencent. The company is trying to revive the cloud business and integrate AI and its inhouse model — …
China’s Economic Gloom Scares Away Foreign Investors, Data Shows
China, a mecca for foreign investment just a few years ago … “On the one hand, they say, ‘We’re open for business. We want American, Japanese businesses here. But, on the other hand, they’ve raided…
Alibaba’s Co-founder Tsai Shares Vision for E-commerce Dominance Amidst Challenges
Chinese e-commerce giant Alibaba is poised to reclaim its position as a leading market force following a period of challenges, according to co-founder Joe Tsai in an exclusive interview with CNBC’s …
Shein considers London listing if US IPO blocked over ties to China
This month US senator Marco Rubio wrote an open letter to SEC chair Gary Gensler urging the regulator to demand “enhanced disclosures” from the company to approve the IPO. He wrote that Shein’s move …
China’s next cultural export could be TikTok-style short soap operas
they could be China’s next big cultural export. Short dramas like Adored by the CEO are often adapted from another cultural product that is distinctly Chinese: web novels. Web novels are a unique form …
China’s import logistics log robust growth in 2023
China’s import logistics registered steady expansion in 2023, data from the China Federation of Logistics and Purchasing showed. The country’s total value of import logistics stood at 18 trillion yuan …
China’s EV Champion is Coming for Your Gas Powered Cars, Too
Competition in China’s car market is getting even more intense. That means cheaper Chinese electric vehicles. It is also terrible news for China’s competitors abroad.
China’s Electric Vehicles Are Going to Hit Detroit Like a Wrecking Ball
It happened very quickly — so fast that you might not have noticed it. Over the past few months, America’s Big Three automakers — Ford, General Motors and Stellantis, the oddly named company that owns…
LG, Bosch, and Sony Exit Russia, Making Way for Turkish and Chinese Brands
LG, Bosch, and Sony, known for their home appliances and electronics, are shutting their doors across Russia, a move initiated by the halt of product supplies since the onset of the Ukraine conflict.
