GM’s profits and market share have tumbled, so much that, like other multinationals, the company’s long-term presence in China is anything but certain.
BUSINESS
US Clean Energy, Defense To Be Impacted By China Export Curbs
China’s retaliatory export controls could take a toll on the growing US clean energy sector and its defense industry, analysts say, as a trade tussle escalates between the world’s two biggest economies.
China’s shift to local chips gains momentum from latest US export controls
In an unusually swift response on Tuesday, Beijing banned the shipment of key minerals and metals to the US, just hours after American officials unveiled new export controls designed to “degrade” China’s ability to make…
The US provided no evidence that China manipulates TikTok content inside the country, court says
In its ruling on the TikTok ban, a court said that while the US provided no evidence China manipulates content in the country, it’s still possible.
China resumes buying gold after 6-month hiatus, abandoning Bitcoin reserve ideas
China’s uncertainty about the crypto industry has once again come to the fore. As of today, the People’s Bank of China (PBOC) disclosed official data that in November, the central bank reinitiated …
China’s special forces are untested. Success in a Taiwan invasion could depend on them.
While Western special forces would be horrified at the thought of being assigned conscripts, China does select the better draftees. “Their SOF units do use some conscripts to fill the enlisted ranks …
GM’s Moment of Truth in China Has Arrived
Facing intense pressure from other EV makers, GM should seriously consider exiting its China business, Christopher S. Tang writes in a guest commentary.
Brands urged to resume use of Xinjiang cotton
The China Cotton Association has called on relevant companies to resume the use of cotton from Xinjiang Uygur autonomous region.
Hong Kong’s crypto faithful see regulations as a strength, unsure of ‘unpredictable’ Trump
The chair of the Silk Road Economic Development Research Centre said the city still has a chance to lead in Web3 in the next decade Hong Kong officials and industry insiders touted the city’s …
Trump names envoy to Beijing, AI-crypto czar
President-elect Donald Trump said Thursday he has selected former Sen David Perdue of Georgia to serve as his ambassador to China, leaning on a former business executive turned politician to serve as …
China’s Export Ban on Strategic Minerals Could Hit Tech, Wider Economy
Beijing’s curbs on crucial minerals such as gallium, germanium and antimony needed for computer chip and electronics manufacturing could wreak havoc on supply chains.
Check Sai Life Sciences IPO GMP, launch date – Rs 3042 cr issue by TPG Capital-backed firm | Share price band
Speaking to ET NOW, MD and CEO of Sai Life Science Krishnam Raju Kanumuri highlighted about the company’s business and growth prospects as the firm is all set to launch its IPO. Sai Life Sciences…
China bans export of critical minerals to U.S. as graphite mine near Nome pushes forward
The massive Graphite One project could become the largest U.S. source of the mineral as China reviews graphite exports.