The news that China plans to limit exports of a critical material for EV production, however, has some wondering about the negative impact of the restrictions on the U.S. economy.
BUSINESS
China warns fentanyl chemical makers after Biden deal with Xi
China has issued a warning to chemical manufacturers over the opioid fentanyl after Joe Biden asked Xi Jinping to address the issue during talks in California. The country’s narcotics control agency issued a caution against…
Nikki Haley vows China won’t ‘threaten or intimidate’ American businesses under her administration
Nikki Haley told Fox News Digital that, should she be elected president, she won’t allow China to “threaten of intimidate” American businesses, …
5th China-Central and Eastern European Countries (Cangzhou) Small and Medium-Sized Enterprise Cooperation Forum Launched in N.China Province
CANGZHOU, China, Nov. 17, 2023 /PRNewswire/ — The 5th China-Central and Eastern European Countries (CEEC) (Cangzhou) Small and Medium-Sized (SME) Cooperation Forum initiated on November 13th in Cangzhou, north China’s Hebei Province, announced the Cangzhou…
US Business Execs Give Chinese Dictator Multiple Standing Ovations During Exclusive Dinner
Chinese leader Xi is warmly received at a lavish dinner in San Francisco attended by U.S. business executives and government officials.
China will ramp up oil imports in the first quarter, says Blue Line’s Bill Baruch
Joe Terranova, Shannon Saccocia, and Bill Baruch join ‘Halftime Report’ to discuss the outlook for the latest market rally, the state of the economy, and more.
Wuxi XDC IPO Reinvigorates Health Care Sector, Week In Review
Pharmaceutical contract research organization Wuxi XDC gained +36% in its stock market debut in Hong Kong overnight.
Chip war nixes Alibaba’s plan to spin out cloud business
Alibaba has called off plans to spin off its cloud computing arm, saying recent tightening of US controls on chip exports to China has created “uncertainties” for the division’s prospects.
A series of bad news stories—including an abandoned cloud spin-off plan—wipe billions from Alibaba’s market cap
Alibaba blamed U.S. chip controls for its decision to abandon plans to spin-off its cloud computing unit as an independent company.
China’s Rivalry With Musk’s SpaceX Moves to Even Lower Orbit
While notching major wins such as landing on Mars and operating its own space station, China trails the world’s richest man in low-Earth orbit — a zone within 2,000 kilometers (1,240 miles) of the planet’s…
China’s WuXi XDC jumps 40% in Hong Kong trading debut
Chinese medical research group WuXi XDC’s shares have risen nearly 40 per cent as the stock started trading on the Hong Kong Stock Exchange (HKEX) on Friday.The firm raised $470 million in its initial public…
Alibaba shares dip as qtrly earnings loom amid China weakness
Investing.com– Hong Kong-listed shares of Alibaba Group (HK:9988) (NYSE:BABA) fell on Thursday in anticipation of a quarterly earnings report which is expected to show whether the e-commerce giant weathered a downturn in China.
Xi revealed the extent of China’s economic woes by the speed at which he caved to some of Biden’s demands
China’s Xi Jinping entered discussions with President Joe Biden this week at the APEC summit in an unfamiliar position of economic weakness.