The high demand for smuggled graphics processing units underscores how China lacks strong alternative suppliers that can deliver products to rival those from Nvidia.
BUSINESS
Nikki Haley takes aim at Trump’s record on China in foreign policy speech
Former South Carolina Gov. Nikki Haley said that the Chinese military was “stronger” at the end of Donald Trump’s presidency and accused the former president of being “singularly focused” on trade …
AiXin Life International Seeks $7 Million U.S. IPO
Summary AiXin Life International has filed proposed terms for a $7 million U.S. IPO.The firm sells vitamins and other supplements for the Chinese market.AIXN has produced uneven results, has …
Influencers bashed for praising Shein’s working conditions in China despite allegedly abusive factories
Dani Carbonari was among a group of influencers being slammed as tone-deaf for visiting a Shein factory in China and touting it as impressive and clean with no signs of poor working conditions.
Wagner mutiny exposes risks for China’s deep Russian ties
As news broke on Saturday that mercenary Wagner troops were careering towards Moscow in a short-lived rebellion, several businessmen from southern China began frantically calling factories to halt …
China Shifts Strategy on De-Risking With Direct Appeals to CEOs
When the US first embraced “de-risking” to get Europe on board with measures to deny key technology to China, officials in Beijing dismissed the term as no different than decoupling. Now they are …
Leak Reveals ‘Enormous’ China Earthquake Could Be About To Hit The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana
The chief executive of the stablecoin issuer Circle, Jeremy Allaire, who oversees the $28 billion USDC stablecoin, has said he sees “enormous demand” for digital assets in emerging markets, with China …
Volkswagen China chief asks China’s premier Li for clarity on data transfers
Volkswagen’s head of its business in China said on Tuesday that the carmaker needed clarity on cross-border data transfers in a meeting with the country’s Premier Li Qiang, asking how China would …
Chinese Firms Advise on Syngenta’s $9B Shanghai IPO
If successful, Syngenta’s initial public offering will be Shanghai’s fourth largest listing ever, and the largest for over a decade.
Sri Lanka scraps proposal to export monkeys to China
Sri Lanka has scrapped plans to export 100,000 endangered toque macaque monkeys to China, the Wildlife and Nature Protection Society of Sri Lanka, one of the 30 petitioners who went to court against …
Biden kept Trump’s tariffs on Chinese imports. This is who pays the price
Dan Digre makes loudspeakers in Minnesota. But he’s importing more of them from China than he used to, thanks to unintended consequences from Trump-era tariffs that President Biden has kept in place.
Shanghai Electric Named One of China’s 500 Most Valuable Brands by World Brand Lab
Shanghai Electric (SEHK:2727, SSE:601727) (“the Company”) has been recognized as one of China’s 500 Most Valuable Brands, according to an annual list published by World Brand Lab, a world’s leading …
China censors top financial pundit over economy comments
The Weibo account of Wu Xiaobo, an influential business journalist and author with more than … but said one of them had a three-character name starting with “Wu” and ending with “Bo”. China’s …