President Joe Biden wants to block the cloud computing loophole that lets China get access to restricted AI technology. Oracle has the most to lose.
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VW ready to deal with China metal curbs if needed, chipmakers play down fallout
Some larger chip manufacturers view China’s export controls on gallium as more of a warning … Chipmaker NXP Semiconductors (NXPI.O) sees no material impact on its business. NXP makes some chips for the auto and…
US Treasury Secretary Janet Yellen visits China as part of efforts to sooth strained relations
Treasury Secretary Janet Yellen has arrived in Beijing for meetings with Chinese leaders as part of efforts to revive relations that are strained by disputes about security, technology and other irrit
Visit by Solomon Islands leader to Beijing underscores rising China-US rivalry in South Pacific
However, China’s attempts to forge closer partnerships with other island nations in the region have largely fallen flat, and Sogavare has since assured Australia that he would not “endanger his country” by allowing China to…
‘Anti-American’ Chinese pundit faces backlash for attending Independence Day party at US Embassy in Beijing
A Chinese nationalist pundit known for his inflammatory criticism of the United States has attracted ridicule online after he was shown attending a party celebrating Independence Day at the US embassy in Beijing – and…
China says it told the U.S. and Europe about the export controls in advance
China’s Ministry of Commerce said Thursday the country told the U.S. and Europe about this week’s export bans in advance. China did so through “export control dialogue channels,” commerce ministry …
GAC’s Electric Car Arm to File for Shanghai IPO Soon, General Manager Says
GAC Aion, the new energy vehicle marque of China’s GAC Group, is moving ahead with its planned initial public offering on the Shanghai stock exchange’s Nasdaq-style Star Market, the general manager of …
Coronavirus Update: China says 239 people died from COVID-19 in June in a significant uptick
China reported Thursday that 239 people died from COVID-19 in June in a significant uptick months after it lifted most containment measures.
China releases its first open-source computer operating system
China has released its first homegrown open-source desktop operating system, named OpenKylin, state media said, as the country steps up efforts to cut reliance on U.S. technology. Released on Wednesday,
China says critical metals curbs ‘not targeting’ any country
China’s commerce ministry on Thursday said recent curbs on essential chip-making metals were not aimed at any specific country and that they did not represent a “ban on exports”.”The Chinese government is not targeting any…
China to speed up infrastructure projects to shore up growth, amid call to ‘determine scale’ of debt
China is to accelerate new debt issuance to shore up growth amid calls from the national legislature for measures that could “scientifically determine the scale” of the country’s medium and long-term …
Moderna inks deal to make mRNA medicines in China
The technology works by delivering instructions to the body to … Other major US-headquartered pharmaceutical companies have longstanding ties with China. Pfizer (PFE) has operated in the country for more than three decades and invested…
Volkswagen ready to act amid China metal export curbs
July 6 (Reuters) – Volkswagen (VOWG_p.DE) on Thursday said it was monitoring the situation on the raw materials markets after China announced it would control exports of some metals, adding that it was “ready to…