China said on Monday that it is “deeply dissatisfied” with Japan’s export controls on chip making tools that have come into effect, calling the measures “clearly directed” against the country.
BUSINESS
Six bubble tea chains plan IPOs in bet on China consumer revival
They include Mixue Bingcheng, China’s biggest bubble tea chain, and Sichuan Chagee, whcih has stores in Singapore. Read more at straitstimes.com.
OpenAI’s Sam Altman launches Worldcoin crypto project
OpenAI CEO Sam Altman testifies before a Senate Judiciary Privacy, Technology & the Law Subcommittee hearing titled ‘Oversight of A.I.: Rules for Artificial Intelligence’ on Capitol Hill in Washington …
Analysis: As Japan aligns with U.S. chip curbs on China, some in Tokyo feel uneasy
Japan’s imposition of export controls on chip making tools to align with a U.S. policy restricting China’s ability to produce advanced semiconductors is worrying some officials in Tokyo who believe a …
China, Russia conclude drills as US, South Korea, Japan deepen security ties
Flags of China and Russia are displayed in this illustration picture taken March 24, 2022. REUTERS/Florence Lo/Illustration …
China on track to smash coal import records
Dry bulk rates might be in the doldrums, but they’d be in a whole lot worse state were it not for the sensational amount of coal China has been importing in recent months, with the…
METALS-Copper drifts lower on slow China demand, more supplies
BEIJING, July 24 (Reuters) – London copper prices seesawed on Monday, as investors weighed short-term slow demand from top consumer China and improving supplies against possibly more stimulus to …
China Insight: Shanghai, China’s Window to the World, Launches Shanghai Gala
Ranked as one of the “top 10 fashion capitals in the world,” Shanghai is launching a major event this fall to celebrate global fashion design and the fashion industry — the Shanghai Gala. Facing …
Chinese Bubble Tea Chains Brew IPOs Ahead of Consumer Revival
A parade of Chinese bubble tea makers are lining up for first-time share sales in Hong Kong and the US, where they are likely to get less regulatory scrutiny than at home.
Youthful disillusionment is China’s biggest soft power export
In a society with few outlets for active protest, ‘lying flat’ is the most effective way of standing up to authority and powerful expectations.
Engineering exports to US, EU and China drop in June 2023
The growing trend of friend-shoring and global companies’ China plus policy offer a big opportunity for India to diversify trade, especially to non-traditional markets of Africa and Latin America: EEP …
Foreign Business Looks Away From China
Beijing is unhappy about how Western, Japanese, and Korean businesses have become disenchanted with China and have begun looking for alternative investment destinations.
Hua Hong Semiconductor Plans to Raise Close to $3.0 Billon in Chinese IPO
By Sherry Qin Chinese chipmaker Hua Hong Semiconductor plans to raise 21.20 billion yuan ($2.95 billion) through an initial public offering on …