But other ASML lithography machines have been imported into China, per SCMP; from January through July China’s imports of Dutch lithography machines, nearly all of which came from ASML, totaled $2.58 …
BUSINESS
China approves launch of retail funds to revitalize struggling stock market
China granted approval for the launch of 37 retail funds, marking a significant step in the government’s endeavors to rejuvenate a sluggish stock market amid economic challenges.
Japan calls on China to ask citizens to stop harassment in wake of Fukushima wastewater discharge
The discharge of the wastewater into the ocean, which began Thursday and is expected to continue for decades, has been strongly opposed by fishing groups and by neighboring countries.
China Stock Market Flickers As Beijing Provides Boost; Is It Real Or A False Dawn?
In other China stock market moves, Beijing loosened rules for buying stocks on margin, lowering the margin ratio to 80% from 100%. On top of that, controlling shareholders will be barred from selling …
US, China to discuss export controls, officials say
U.S. Secretary of Commerce Gina Raimondo announced on Monday that she and her Chinese counterpart agreed to discuss export controls in an ongoing effort to ease tensions between the two global …
Wall Street’s Summer Is Almost Gone: What to Expect From Stocks, Bonds and China
Summer is almost over — at least for Wall Street. Summer doesn’t officially end until September 23 this year, but for Wall Street, summer is over starting next Tuesday. As I discussed on Friday, …
Biden’s China Investment Restrictions Won’t End Long Lasting U.S.-China Business
By many accounts, Washington and Beijing are on the verge of a major split. But both countries have too much in common to part ways over temporary geopolitical tensions.
US raises concerns by Micron, Intel with China as export control meeting set to launch
U.S. Commerce Secretary Gina Raimondo discussed concerns about restrictions on American businesses including Intel and Micron with Chinese Commerce Minister Wang Wentao on Monday in a meeting where …
U.S. and China Take Steps to Ease Tensions Over Export Control Policies, Raimondo Says
BEIJING—The U.S. and China agreed to set up new channels of communication for economic and commercial issues, Commerce Secretary Gina Raimondo said Monday, including a new bilateral forum to discuss …
Authentic Brands Inks Deal for Hunter in Greater China, Southeast Asia
Authentic Brands Group has created ABG Hunter LLC, and sold a 51 percent stake in the newly formed subsidiary for the Greater China and Southeast Asia region to Baozun Inc. A price was not disclosed.
Jabil to Sell Manufacturing Business in China to BYD Subsidiary for $2.2 Billion
In a statement, Jabil (ticker: JBL) said the sale of its mobility business would be the largest in the history of the contract electronics manufacturer. “If completed, the proceeds from this …
US and China agree to export controls information exchange
The United States and China agreed to launch an export control enforcement information exchange and a new working group on commercial issues, the U.S. Commerce Department said on Monday, giving …
US, China agree to discuss export controls
Beijing broke off dialogues with Washington on military, climate and other issues in August 2022 in retaliation for a visit to Taiwan by then-Speaker Nancy Pelosi of the House of Representatives …