Law enforcement in the Chinese province of Shaanxi has cracked a crypto fraud scheme, arresting four suspects who defrauded an investor of about $60,000.
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China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
ASML Shares Surge Over 7% As Team Biden Plans To Exempt Allies From New Rule On Foreign Chip Equipment Export To China
The rule is an extension of the Foreign Direct Product rule, which gives the U.S. government the power to stop the sale of products made using American technology, including those manufactured in a …
Asia markets are mixed as investors assess China business activity data, await Bank of Japan rate decision
The Bank of Japan is expected to raise its benchmark interest rate and detail its plan to trim its rate of bond buying.
Steel ministry seeks probe into cheaper imports from China, Vietnam
India’s Ministry of Steel has asked the trade ministry to investigate cheaper steel imports from China and Vietnam amid rising imports. India turned net steel importer in FY23, with imports reaching a …
China’s trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned, report says
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
China to step up fiscal policy implementation to spur economic recovery: official
Photo/IC] BEIJING – China will intensify the implementation of its fiscal policies to support economic recovery, a finance ministry official said on Wednesday. The country will issue the ultra-long …
ASML, Tokyo Electron jumps on report US will exempt allies from China chip restrictions
Semiconductor stocks soar as the Biden administration plans to exempt Japan, Netherlands, and South Korea from export restrictions, targeting Chinese chipmakers. Key players like ASML and Tokyo Electron see significant stock gains.
China to adjust drone export control measures from Sept. 1
China’s commerce ministry said on Wednesday it will adjust export control measures for drones, effective from Sept. 1.
US is not a party to South China Sea issue, says Chinese foreign ministry
A spokesperson for China’s foreign ministry said on Wednesday that the United States is not a party to South China Sea issues and warned the Philippines that wooing other countries to provoke …
ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions
Reuters reported that the U.S. is considering expanding chip export restrictions to China, but countries including the Netherlands and Japan would be excluded.
China’s weak factory PMI exposes pain points in export juggernaut
China’s manufacturing activity slipped to a five-month nadir in July as factories grappled with falling new orders and low prices, an official survey showed on Wednesday, pointing to a grinding second half for the world’s…
Seoul, Beijing mayors discuss restoration of ties between capitals of Korea, China, Japan
Seoul Mayor Oh Se-hoon met with Beijing Mayor Yin Yong and discussed restoring cooperative relations between the capitals of Korea, China and Japan, during his visit to Beijing, Tuesday.
China’s private capital fundraising sinks to record low of US$3.4 billion on poor outlook
China-focused private capital fundraising tumbled to a new … “And we see there’s a good appetite to finance these constructions.” …
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