The Biden administration introduced sweeping export controls in 2022 that included a ban on “US persons” — American nationals and companies — from providing direct or indirect support to certain …
BUSINESS
China’s Henan province sees drop in smartphone exports as Apple diversifies manufacturing supply chain outside the mainland
Henan, home to the world’s largest iPhone factory, saw smartphone exports reach 6.65 million units in the first quarter, down 60.1 per cent from the same period last year.
Reducing China dependence: Tata developing complex high-precision machines to make Apple iPhone casing; aims for exports
Tata Electronics is internally developing sophisticated high-precision machines for producing iPhone casings, aiming to enhance local capabilities and
Colombian Steelmaker Paz del Río Bets on Tariff Hike as China Imports Surge
Colombian steelmaker Paz del Río is betting authorities will raise import tariffs soon and help return the company to profitability as an influx of Chinese alloy floods Latin American markets.
Chinese nationals charged in scheme to illegally export US tech to China
Li and Chen are accused of seeking to illegally obtain a DTX-150 Automatic Diamond Scriber Breaker Machine for China-based Changdu GaStone Technology Company. The company is on the entity list, making it ineligible to receive…
India’s services exports jumped 11.4% in 2023 despite global uncertainty, China’s contracted 10.1%: UNCTAD
According to UNCTAD report, sectors that contributed to India’s services export growth include travel, transport, medical and hospitality
$6B scam accused in court, China loophole for Hong Kong Bitcoin ETFs: Asia Express
There’s only one way left for Chinese nationals to access the Hong Kong Bitcoin ETFs, $6B scam accused in court, and more: Asia Express.
In China, Blinken Tries to Fix the Unfixable
a professor of economics and finance at the China Europe International Business School. “Maybe you cannot hide anymore but you should not be too aggressive either. I don’t know whether the government has learned their…
Beijing Auto Show Is a Home Run, but Mostly for Domestic Brands
North America remains a forbidden land for China’s automakers, but the technical advances are worth watching. So are all the new models and companies.
Uyghur Congress criticises BASF’s China enthusiasm over human rights
The Society for Threatened Peoples and the World Uyghur Congress criticised BASF, a German multinational company with China-devoted enthusiasm instead of dealing with human rights violations. In a joint press statement,
TikTok’s Just The Beginning: We Need A New Understanding With China
President Biden signed a bill forcing the sale or shutdown of TikTok in the US. This is just the first step in a long overdue reevaluation of the US-China relationship.
US wants allies to cut chip-related China exports amid Huawei alarm
It remains unclear how the allies will respond. They tightened controls on exports of chip-related technology after the 2022 American controls. Some Asian companies are frustrated that the US …
Crypto firm Consensys sues US SEC over Ethereum regulation
Crypto firm Consensys said on Thursday it had filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) tied to the regulation of the Ethereum blockchain.
