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China chip stocks rally after Huawei’s low-key launch of new Mate 60 Pro phone
SHENZHEN, China/SHANGHAI (Reuters) -Chinese chip stocks rallied on Wednesday following Huawei Technologies’ launch of its new Mate 60 Pro phone, as investors speculated it could be using a 5G capable …
China says open for business, sidesteps US ‘uninvestible’ comment
China has defended its business practices after U.S. Commerce Secretary Gina Raimondo said American firms had told her it had become “uninvestible,” highlighting a trend of global investors turning …
Guangzhou eases mortgage rules as China ramps up efforts to revive property sector
Guangzhou on Wednesday became the first major Chinese city to announce an easing of mortgage curbs as the government ramps up efforts to revive the crisis-hit property sector and shore up the …
UPDATE 1-‘Uninvestable’ not a term to describe China, says EU Chamber of Commerce
U.S. Commerce Secretary Gina Raimondo said late Tuesday American firms had increasingly used the term to describe China, prompting Beijing to defend its business practices and approach to foreign …
United States says seeking more ‘predictable’ business environment in China
US firms in China have long complained about what they see as an unfair business environment, with limited protection for intellectual property and preferential treatment afforded to domestic …
UK ‘clear-eyed’ about disagreements with China, Cleverly says
Cleverly was making a long-awaited trip to China on Wednesday in an effort to reset ties between the two countries after years of tension over security, investment and human rights concerns. The …
Tech war: China exploring ways to make its own AI memory chips despite US sanctions, sources say
China is exploring ways to produce its own high-bandwidth memory (HBM), the next-generation of memory chips tailored for artificial intelligence (AI) processors, as it pushes ahead with a …
China’s Bank of Communications to ‘initiate’ a mortgage rate cut, hewing to the push to make first homes more affordable and lift housing slump
The mortgage rate cut by Bank of Communications or BoCom, as China’s fifth-biggest lender is called, could spur larger banks to follow, days after the Chinese central bank and housing ministry eased …
China eases mortgage rules in Guangzhou amid efforts to revive key property sector
Guangzhou on Wednesday became the first major Chinese city to announce an easing of mortgage curbs as the government ramps up efforts to revive the crisis-hit property sector and shore up a sputtering …
Embassy: China open to business, in response to US official’s remark
China will only open up wider to the world, furnished with a world-class business environment, a Chinese embassy spokesperson said on Tuesday in response to the US commerce chief’s comments that some …
James Cleverly meets China’s vice-president amid criticism of Beijing by British MPs
British foreign secretary says face-to-face meetings were important to avoid misunderstandings as report criticises Beijing’s ‘transnational repression’ …
China-UK ties: Cleverly’s visit to Beijing boosts ‘sound and stable’ relations, says vice-president Han Zheng
Top diplomat Cleverly is the first senior UK official to visit China in five years, after then foreign secretary Jeremy Hunt travelled to Beijing in 2018. Beijing slams Taiwan visit by British ex-PM …