China on Tuesday urged the Netherlands to “respect market principles” a day after chip machine maker ASML said the Dutch government had revoked an export licence covering the shipment of some of its …
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Beijing criticises Netherlands’ move to block ASML exports to China
Beijing urges Taiwanese to ‘stand on right side of history’ ahead of presidential election
The head of mainland China’s Taiwan Affairs Song Tao Office repeats Beijing’s warnings against independence and says voters should follow the right path.
Dutch Government Blocks Exports Of ASML’s Chip-Making Machines To China
The Netherlands government revoked the export license for the shipment of some chip-making equipment made by ASML to China, the company announced Monday, once again dragging Europe’s most valuable …
Iran-China Trade Exceeds $13 Billion in 11-Month Period: Customs Data
The China Customs announced that the trade exchanges between Iran and China stood at more than $13 billion from January to November 2023, adding that the country’s import of products from Iran in …
China’s Baidu cancels $3.6 bn purchase of livestreaming site
The deal was originally expected to be completed by 2021. Livestreaming is a multimillion-dollar business in China, generating huge profits for e-commerce giants and popular influencers. Baidu has …
China’s crackdown on foreign firms put them in dilemma; increases uncertainity
Following China’s crackdown on foreign firms, multinational corporations in the country are facing a dilemma this year as the risks of doing business in China increase, as reported by the Voice of …
Baidu terminates $3.6-B purchase of JOYY’s China live-streaming unit
Baidu has terminated its planned $3.6-billion acquisition of Nasdaq-listed JOYY Inc’s China live–streaming business, the company said on Monday in a filing with the Hong Kong stock exchange. The …
China sees cross-border travel return to pre-Covid numbers over New Year holiday
There were more than 5 million border crossings between December 30 and January 1, nearly a fivefold rise from a year ago.
Property Developer Gemdale Sells USD463.3 Million Shenzhen Project to Pay Off Debt
(Yicai) Jan. 2 — Gemdale Corp., a major Chinese property developer, has found a state-owned buyer for a commercial and residential complex in downtown Shenzhen to collect CNY3.3 billion (USD463.3 …
China’s home developers suffer further sales skid to end miserable 2023, as 2024 offers slim hope amid depressed demand
A downward trend in home sales accelerated in December as discounts and easing measures failed to spark demand.
China’s BYD closer to taking Tesla’s electric car top spot
Chinese company BYD has moved a step closer to toppling Elon Musk’s Tesla as the world’s biggest-selling manufacturer of electric vehicles. The firm said on Monday it had sold a record 526,000 battery …
US reportedly halted ASML’s chipmaking machine shipments to China weeks before ban
The US reportedly asked ASML “weeks before” the export ban deadline to halt some chipmaking machine shipments to China.
China’s economy is in so much trouble that even Xi Jinping’s admitting that businesses are having a ‘tough time’
An official survey of China’s manufacturers showed factory activity contracted for the third straight month in December.
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