Chipmakers are finding it increasingly hard to operate in China but say doing business in the country is still key to their survival.
NEWS
China’s auto group retracts pledge to avoid ‘abnormal pricing’
The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers, including Tesla. .
Can China’s indie film-makers find a way around the censors?
A censorship process has been in place in Chinese film since the 1930s, under the Nationalist government. With film creation in the hands of a few studios, it was easy for the government to monitor…
Biden warned China’s Xi on West’s investment after Putin meeting
U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia’s Vladimir Putin to “be careful” because Beijing relies on Western investment, according to excerpts from an interview with CNN.
Biden admin is ‘late’ in developing trade relationships with China: Ret. Lt. Gen. Kellogg
Ret. Lt. Gen. Keith Kellogg joins ‘Maria Bartiromo’s Wall Street’ to discuss questions over benefits from the Biden administration’s visit to China.
The Pentagon Will No Longer Offer Support to Moviemakers Who Censor Their Movies for China
A Pentagon document that says the U.S. military will no longer offer technical assistance to filmmakers unless they offer a pledge that the final product won’t be altered for approval from the Chinese government.
China restricts access to 2 metals crucial to making computer chips. What you need to know.
China will restrict the world’s access to gallium and germanium, requiring buyers of the two rare metals to apply for permits starting next month, in a move that highlights the country’s dominance as the provider…
China Fines Ant Group $985 Million, in Sign Crackdown Is Over
After nearly three years of regulatory scrutiny, the fine is seen as a sign that Beijing is wrapping up its crackdown on technology firms.
China fines Alibaba’s Ant Group $985 million
The People’s Bank of China on Friday announced a $985 million fine against Ant Group, the financial arm of online retail giant Alibaba.
U.S. Treasury chief Janet Yellen pushes China over “punitive actions” against American businesses
Janet Yellen, in Beijing to meet Chinese officials and American businesses, stressed the U.S. desire to trade, but not at the expense of security.
Did ‘Barbie’ cross the line? How a ‘child-like’ map stirred a South China Sea dispute
This is China’s vast — and fiercely disputed — territorial claim over most of the South China Sea. It is made up of nine broad-brush dashes, representing a colossal maritime claim that has been summarily…
China hits Alibaba affiliate Ant Group with $985 million fine for violating various regulations
China’s central bank hit Alibaba affiliate Ant Group with a 7.12 billion yuan fine ($985 million) on Friday. Chinese regulators forced Ant Group to restructure its business after cancelling its blockbuster initial public offering in…
What to know: Janet Yellen criticizes Chinese export curbs as Beijing visit kicks off
The U.S. treasury secretary also raised the matter of punitive actions against foreign businesses operating in China. We round up insights into the issues at stake.