Computer chip equipment maker ASML said the Dutch government had partially revoked an export licence for the shipment of some of its machines to China, prompting a dip in shares and criticism from Beijing on…
Featured Posts Title
China blocks Meta from acquiring AI startup Manus
China orders Meta to unwind $2 billion buy of AI startup Manus
China blocks Meta’s $2bn acquisition of AI start-up Manus
What’s at stake for Meta if China kills its Manus deal
Beijing blocks Meta acquisition of Chinese AI startup Manus
China says it will reverse major AI acquisition by Meta
China bans Meta’s acquisition of Manus on national security grounds
Recent Posts
ASML shares dip after Netherlands pulls licence for some China exports
Drone captures China unleashing tsunami of Europe-bound Tesla electric cars
Witness the electric surge as Giga Shanghai floods the port with Teslas, ready to electrify roads across continents.
Nicaragua, China’s Free Trade Agreement Comes Into Effect
Nicaragua will export food items such as meat and seafood, such as fish, shrimp, lobsters, sea cucumber, sugar, peanuts and rum.
M&As Overtake IPOs as Main Route for China’s Venture Capitalists to Recoup Funds
With the tougher IPO climate, more companies are carefully considering M&As as investors seek to recoup their investment, said Chen Jie, the executive in charge of global M&As at the investment …
Global Impact: time to reflect on 2023 for mainland China, Hong Kong and the rest of the world, and look ahead to 2024
In this issue of the Global Impact newsletter, we look back at the events that shaped 2023, and looks forward to what we can expect in mainland China, Hong Kong and the rest of the…
China factory activity growth accelerated in Dec – Caixin PMI
China’s factory activity expanded at a quicker pace in December due to stronger gains in output and new orders, but business confidence for 2024 remained subdued, a private-sector survey showed on …
Hong Kong beat China at football for first time in 29 years
I don’t have to motivate the team against China,’ says manager after 2-1 win in friendly played behind closed doors …
ASML blocked from shipping some of its critical chipmaking tools to China
ASML said a license for the shipment of its NXT:2050i and NXT:2100i lithography systems in 2023 has “recently been partially revoked by the Dutch government.” …
China boosts policy bank loans amid expectations of housing support
China’s central bank made 350 billion yuan ($49.1 billion) in loans to policy banks via its pledged supplementary lending (PSL) facility in December, fuelling expectations of increased support for the …
US Pressured Netherlands to Block China-Bound Chip Machinery
ASML Holding NV canceled shipments of some of its machines to China at the request of US President Joe Biden’s administration, weeks before export bans on the high-end chipmaking equipment came into …
China Seeks Nuclear Fusion Leap Through New R&D Company
China unveiled a new national company and formed a broad coalition of industrial giants to advance research in nuclear fusion technology.
China’s central bank adds liquidity worth $19.36 billion
China’s central bank announced the conduction of 137 billion yuan (about $19.36 billion) of seven-day reverse repos at an interest rate of 1.8% on Tuesday.The move aims …
ASML shares dip after Netherlands revokes licence for some China exports
Computer chip equipment maker ASML said the Dutch government had partially revoked an export licence for the shipment of some of its machines to China, prompting a dip in shares and a protest from Beijing…
