Beijing has vigorously protested the U.S. Commerce Department’s latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them …
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China’s Xi warns against decoupling, lauds Belt and Road at forum
By Laurie Chen and Yew Lun Tian BEIJING (Reuters) -Chinese President Xi Jinping warned against decoupling from China as he opened the Belt and Road Initiative (BRI) forum in Beijing on Wednesday, …
Digital cooperation seen as key to world’s recovery
Digital cooperation between China and other countries and regions involved in the Belt and Road Initiative, which has been deepening in recent years, is aiding the development of the digital economy …
China’s march to military modernisation still has barriers to overcome: from US tech curbs to Beijing’s own distrust of private sector
The country has the second biggest military budget in the world after the US, but Washington is taking a range of measures to maintain its advantage.
Apple CEO Tim Cook makes surprise visit to China, where iPhone 15 sales are off to a slow start
Apple CEO Tim Cook cheered on gamers at an event during a surprise visit to China, underscoring the market’s importance to the iPhone giant at a time when it faces mounting challenges.
U.S. tightens China’s access to advanced chips for artificial intelligence
The additional limits on shipments of advanced semiconductors could cripple Beijing’s AI ambitions and dampen revenues for U.S. chip makers, analysts say.
China opposes US semiconductor export controls – commerce ministry
Beijing resolutely opposes the United States placing export restrictions on semiconductors destined for China, the commerce ministry said on Wednesday in a statement, adding that the U.S. should cancel the export control measures as soon…
China’s Xi promises more market openness and new investments for Belt and Road projects
Chinese President Xi Jinping promised greater access to China’s market for international firms and new financing exceeding $100 billion for other developing economies as he opened a forum Wednesday on his signature Belt and Road…
China’s Xi promises open markets and billions in new investments for ‘Belt and Road’ projects
Chinese President Xi Jinping is promising foreign companies more access to China’s huge market and more than $100 billion in new financing for other developing economies …
Capacity-Building Alliance of Sustainable Investment (CASI) announced in Beijing
China’s leading green finance think tank, the Beijing-based Institute of Finance and Sustainability (IFS), unveiled a global initiative on sustainable finance capacity building for emerging market and …
ASML sees no short-term impact of updated U.S. rules on China exports
ASML , a major supplier of equipment to computer chip manufacturers, said on Tuesday it does not expect any short-term financial impact from newly updated guidance on U.S. restrictions on exports to China.
BYD shares jump on China EV manufacturer’s record quarterly profit
BYD Co. shares jumped the most in more than nine months in Hong Kong trading after China’s biggest electric car manufacturer posted record preliminary third-quarter earnings.
China’s electric vehicle giant BYD sees Q3 net profit as much as doubling
HONG KONG (Reuters) -Chinese electric vehicle giant BYD on Tuesday said it expects third-quarter net profit to as much as double thanks to robust sales and effective cost control. This was down to the …