China’s top leadership has recently pledged to curb “involutionary” competition amid intense price wars in the country.
BUSINESS
China wants to return US trade ties to a state of healthy development
BEIJING (Reuters) -China wants to bring commercial ties with the United States back to a state of healthy and sustainable development, Commerce Minister Wang Wentao said on Friday, calling on the U.S.
‘No longer a pet project’: tiny Beijing stock exchange becomes IPO hub
Looser listing rules and demand for small cap tech drive more IPO applications than for Shanghai and Shenzhen combined …
China’s Underused Car Factories Are Flooding the World With Exports
The surge in Chinese car exports is reshaping automobile markets around the world, flooding countries with affordable vehicles and triggering a price war that’s rippling through showrooms from Mexico to Malaysia.
China Eyes RMB-Backed Stablecoins to Crack $250T Cross-Border Payment Market
Zhu’s proposal adds urgency to China’s roadmap, positioning stablecoins as instruments of geopolitical and monetary strategy.
U.S. solar manufacturers drag India, Indonesia and Laos into China trade tensions
U.S. solar manufacturers have filed new trade petitions against India, Indonesia, and Laos, in the latest escalation of trade tensions aimed at curbing …
US-based Wells Fargo banker blocked from leaving China after arriving for work trip: report
An Atlanta-based managing director at Wells Fargo is facing an exit ban after entering China in recent weeks, according to a report.
What the China export easing means for Nvidia, AMD, and other chips stocks
Nvidia (NDVA) and AMD (AMD) may soon get the green light to sell AI chips to China again, potentially reviving a key growth market. The US government is reportedly considering loosening export …
Nvidia Stock To $200 As H200 Exports To China Resume?
Nvidia took a $4.5 billion write-off in its latest quarter on unsold H20 chips that it was unable to repurpose for other markets. If sales of these high-volume chips to China resume, a reversal of…
Is Trump reshaping U.S.-China tech ties to strike a trade deal?
Biden saw export controls as a “strategic asset” to keep the U.S. ahead of China in tech, but Trump is now scrapping that policy, signaling a major shift in …
China imposes restrictions on EV technology exports
European countries, especially, had hoped to build their domestic EV manufacturing sectors by opening their doors to Chinese battery firms, rather than reinventing the technologies at home.
China Medical System targets second growth phase with Singapore listing as gateway to Southeast Asia
With its international strategy in place, CMS sees its SGX listing as more than a milestone but a launchpad for its expansion plans.
Mexico Surpasses China As Top U.S. Import Source in 2024
New data shows Mexico has claimed the top position from China, with a 6.4% increase in import value over the previous year.