Mainland China bans crypto trading but is considering yuan-backed stablecoins to boost its usage globally, Reuters reported last week, citing sources. Hong Kong passed a stablecoin bill in May, vying …
BUSINESS
Eric Trump Calls China ‘a Hell of a Power’ in Digital Assets (1)
Eric Trump, the son of US President Donald Trump, called China “a hell of a power” in crypto even though the nation has largely banned digital-token trading since 2021.
China ups soybean imports from Argentina, Uruguay as US trade war deepens
China is reshaping global soybean trade flows by turning to Argentina and Uruguay for record shipments, as the trade conflict with the US continues to disrupt agricultural commerce. Chinese importers …
Foreign fast-food brands eye quick expansion
Meanwhile, Restaurant Brands International, the parent company of quick-service chain Burger King, is also making strides in China. CEO Joshua Kobza highlighted the progress at Burger King China in …
EXCLUSIVE: Zhang Ruonan Is Givenchy’s New Brand Ambassador in China
The Chinese actress warmed hearts with roles in the movie “Cry Me a Sad River” and the series “The First Frost.” …
Forever 21 looks to resurrect China, North America business with new partners
Fast fashion brand Forever 21 is making its fourth run at the Chinese market, having previously entered and exited the world’s second-largest economy three times since 2008.
Mexico reportedly considering higher Chinese import tariffs at US urging
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Nvidia Tops Wall Street Estimates, But China Tensions Cloud Its A.I. Chip Business
Nvidia delivered another estimate-beating quarter, but regulatory setbacks and U.S.-China tensions are casting doubt over its core data center business even as Wall Street continues to demand more from the world’s most valuable public company.
Trump, Nvidia talks to allow advanced AI chip sales in China will take time, CEO says
Discussions with the White House to allow American AI chip company Nvidia to sell a less advanced version of its next-generation advanced GPU chip to China will take time, Nvidia CEO Jensen Huang said on…
Nvidia CEO says he’s in talks with Trump admin about selling Blackwell chip to China
Nvidia’s CEO discussed his talks with the Trump administration on potential Blackwell chip sales to China, and how AI adoption of U.S. tech helps win the AI race.
China accelerates investment in Brazil while the US punishes it with tariffs
Chinese companies’ commitment to the South American country has accelerated, placing it as the second destination for direct investment in the first half of 2025, behind only Indonesia
China aims to triple AI chip output and slash Nvidia use: FT
China’s chipmakers are seeking to triple the country’s output of artificial intelligence chips in 2026, rushing to reduce dependence on Nvidia, the Financial Times reported on Wednesday. Fiona Jones reports.
Wide Gap in Views of Nvidia’s China Risk
Omdia Research Director Vladimir Galabov says he is factoring China sales into his Nvidia forecast, but he would like CEO Jensen Huang to offer a long-term outlook for the company. Galabov joins Caroline Hyde on…
