The chief executive of Dutch computer chip equipment supplier ASML said on Wednesday a U.S.-led campaign to restrict the company’s exports to customers in China in the name of national security has …
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ASML CEO says US desire to restrict exports to China ‘economically motivated’
Larger U.S. Companies In China “Not Running For The Exits”
Larger U.S. companies in China aren’t “running for the exits” amid slower economic growth and heightened geopolitical risks, though they are cutting back on investments amid wariness, a former top U.S …
China’s binge-buying of chipmaking equipment could yield another overcapacity problem
China’s binge-buying has accelerated since the U.S. introduced tighter export restrictions in October 2022. Annual spending surged from $28 billion in 2022 to $36.6 billion in 2023, according to SEMI, …
Delaware Customs seized over $100k in Apple products destined for China
A box of Apple products marked “iPhone return for repair” actually contained over $100,000 in iPads, Apple Watch Ultras, and AirPods meant to be smuggled to China, but Customs seized the shipment.
China’s BYD Was The Third-Best-Selling Brand In The World This July
We do have to remember that BYD did have a slower start to this year. Thus, despite a strong July, BYD’s global numbers this year place the brand in 8th place. That puts them be…
Xi’s Clout Draws African Elite to Beijing Even as Fissures Grow
President Xi Jinping will lay out his blueprint for growing China’s relationship with Africa, as debt criticisms and his nation’s slowing economy limit Beijing’s ability to build influence through …
China pledges to boost Nigeria investment after leaders meet in Beijing
Chinese officials promised to encourage the country’s most “powerful” companies to invest in Nigeria following Xi Jinping’s meeting with Nigerian leader Bola Tinubu in Beijing. Tinubu, in turn, agreed …
ASML CEO Says US Motivation in Restricting Equipment Exports to China Is ‘Economically Motivated’
(Reuters) – The chief executive of Dutch computer chip equipment supplier ASML on Wednesday said a U.S.-led campaign to restrict the company’s exports to customers in China in the name of national …
What to expect from China’s potential Belt and Road Initiative 2.0
China’s belt and road initiative is about to get a new life as Xi Jinping hosts over 50 African leaders for dinner.
Sudan signs nuclear, infrastructure deals with Chinese firms at Beijing summit
Sudan signed deals with Chinese companies on Wednesday for nuclear power, port and airport projects, its ruling council said, as the African nation seeks investment to boost its ailing economy. The agreements were announced on…
‘L’Or de Dior’ Exhibition in Beijing Celebrates Artistic Creations and China-France Relations
Dior‘s latest exhibition in Beijing is awash with a radiant golden aura. Taking place at the Guardian Art Center near the Forbidden City, the retrospective brings together archival fashion pieces and artworks that celebrate the…
China’s relationship with Africa is growing murkier
Too often, though, “internal rivalry and competition over the same resources” weakens the continent’s bargaining power, notes Cliff Mboya, a Kenyan analyst. And, economically, Africa needs China more …
Debt woes and funding needs in focus as China hosts African leaders
A China-Africa summit in Beijing this week takes place as a continent slowly emerging from a series of defaults seeks to define its future cooperation with the Asian nation that partly fuelled its …
