In a congratulatory letter read by Chinese Ambassador to the US Xie Feng at the Jubilee Gala of the US-China Business Council (USCBC) in Washington, Xi said that business cooperation as an important …
BUSINESS
Engagement Vital to Relations With China, US Ambassador Says
But differences on economic competition and global security remain. On Thursday night, Treasury Secretary Janet Yellen told the U.S.-China Business Council the Biden administration seeks to strengthen …
China’s video game market returns to double digit growth in 2023 but overseas expansion slows
China’s video game industry achieved double-digit growth … “Helping Chinese games reach the global stage through the PlayStation platform is one of our long-term business goals,” Tatsuo Eguchi, …
Asa Hutchinson’s Mostly True claim that China is allowed to do crypto mining in the U.S.
Crypto mining involves extracting new “currency” through the energy-intensive process of having computers solve mathematical equations. Lawmakers and policy analysts are concerned, both because of the …
Get the Facts: Analyzing Hutchinson’s claim on China and cryptocurrency
Republican presidential candidate Asa Hutchinson spoke this week at a conference on cryptocurrency in Manchester.
Rumors of an iPhone ban in China’s government & businesses are popping up again
After a few months of quiet about the subject, and an explicit denial by China regulators in September, there are new reports circulating that China’s ban on the iPhone is back on — and expanding.
iPhone ban in China ‘accelerates’ across the country, report says
China started banning officials from using iPhones and other foreign technology within government agencies. A new report …
Coherent’s Characterization Of Cutting Market In China As “Growth Opportunity”: Analyst Digs In
COHR reaffirmed its confident tone on the semi-cap business in F24, with expectations of double-digit growth driven by continued strength in front-end WFE that accounted for ~85% of COHR’s semi-cap …
Nearly a Tenth of World’s 500 Most Influential Brands Are Chinese
(Yicai) Dec. 15 — China has 48 of the World’s 500 Most Influential Brands, ranking third overall, behind the United States with 193 and France with 49, according to a new list.
Charged Up By New Investor BYD, BaTeLab Cleared For IPO
BaTeLab has been approved for a Hong Kong IPO, gaining momentum after selling 4.81% of its shares to BYD for 50 million yuan in June The maker of analog IC patterned wafers has been profitable…
IPO candidate Shein under fire by Temu—again—over alleged bullying, intimidating suppliers in new lawsuit
As Sequoia Capital China-backed Shein nears a long-awaited IPO in the U.S., the hurdles it’s facing continue to stack up. The latest is the anticompetitive lawsuit that Chinese e-commerce platform …
China’s Economy Shows Signs of Losing Further Momentum
China’s economy showed some renewed signs of weaknesses as key gauges for consumption and investment missed expectations, while Beijing continues to grapple with challenges including a drawn-out …
Indian Solar Industry Still Heavily Reliant on Chinese Imports
Indian imports of solar power equipment have risen rapidly this year, and the country is still highly reliant on foreign suppliers despite Prime Minister Narendra Modi’s efforts to increase …