The U.S. is contemplating the use of the Foreign Direct Product Rule to impose severe trade restrictions on China, pressuring allies like Tokyo Electron and ASML Holding to cease providing advanced semiconductor technology to the…
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U.S. Considers Severe Trade Restrictions on China: Impact on Tokyo Electron and ASML Holding
Fewer than 20 Chinese EV brands will be profitable by 2030 but Beijing set to dominate global auto market
The rapid expansion of China’s electric vehicle industry is facing a major correction by the end of the decade, with nearly nine in 10 existing brands on the chopping block.
China’s Communist Party charts technology- and security-focused development for reviving the economy
China’s people are keeping a tight rein on spending … Since taking power in 2012, Xi has sought to strengthen the party’s controls over business and society, launching crackdowns on corruption, the …
A spate of stabbings has sparked online debate about China’s economic woes
China’s economy, the world’s second largest … We don’t know anything about their personal lives or financial backgrounds and in some cases it’s unclear whether their attackers knew their victims.
Analysis-Luxury brands feel the sting as Chinese growth slows
A big portion of that – about 85 billion euros – was from LVMH, which was overtaken by ASML in June as Europe’s second most valuable listed company.Analysts at JPMorgan said signs of improving …
Bill Ackman’s IPO and X stardom collide
Plus, a shocking bankruptcy court ruling for private equity lawyers and Intel venture arm’s big bets in China raise US alarms …
Satellite internet takes off in China, offering new horizons for connectivity
In the remote and rugged Yulong Naxi Autonomous County, southwest China Yunnan Province, the deployment of ground base stations was once a difficult …
Traders Betting on China Easing Boost Bearish Options on Banks
The cost of hedging against declines on China Construction Bank Corp. shares has jumped, and the number of bearish options outstanding hit a 10-year high relative to bullish contracts, data compiled by Bloomberg show. The…
{Hot Stocks}CHINA UNICOM(00762) quoted at HK$6.99, down 4.9%
[ET Net News Agency, 17 July 2024] CHINA UNICOM (00762) fell 4.9% to HK$6.99, dipping below the 20-D SMA of HK$7.132. It hits an intra-day low of HK$6.98, and an intra-day high of HK$7.4. The…
China’s counter-intuitive semiconductor exports surge goes unnoticed
China’s aggressive automotive exports caught the world’s attention, hitting a record high in the first half of 2024 but starting to slow down after tariffs imposed by Europe and the United States. However,
China’s central bank conducts reverse repos Wednesday
BEIJING, July 17 (Xinhua) — China’s central bank conducted 270 billion yuan (about 37.86 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Wednesday. The move aims …
China’s June jobless rate for 16-24 year olds at 13.2%, stats bureau says
The jobless rate for 16 to 24 year olds in China, excluding college students, was at 13.2% for the month of June, the country’s statistics bureau said on Wednesday.
Shenzhen customs seizes 20.74 grams of marijuana concealed in passenger’s pants
Customs officers in Luohu Port, Shenzhen city, South China’s Guangdong Province, shared details of a recent smuggling case in which a passenger attempted to bring 20.74 grams of marijuana into the …
