China DUV lithography machine production has begun as a Shanghai state-backed company delivers domestic scanners to SMIC, Hua Hong, and CXMT. What changed is not what chips China can make: SMIC …
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Rescuers pump air into hydropower tunnel in search for missing workers after Nepal-China flooding
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China makes first DUV lithography machine: Supply independence, not new nodes
Sen. Rand Paul releases Fauci journals on COVID, Trump
Journal entries from Dr. Anthony Fauci written in January 2020 say Wuhan, China was not the source of the COVID-19 virus but may have amplified it.
China in touch with Yemen’s Houthis to allow ships to sail through Red Sea, sources say
By Jonathan Saul, Parisa Hafezi, Timour Azhari and Chen Aizhu LONDON/DUBAI, July 28 (Reuters) – China has held direct talks with Yemen’s Houthi movement to enable its tankers to sail through the …
ASML Stock Keeps Sliding On China’s Latest Chip Advance — Why BofA Calls Selloff An ‘Overreaction’ And Sees Over 70% Upside
The brokerage says China’s progress in DUV lithography poses only a limited financial risk and sees the recent selloff as a buying opportunity.
CXMT Becomes China’s Most Valuable Company Hours After Shanghai IPO
Chinese memory chip maker CXMT briefly became China’s most valuable company after its Shanghai IPO, highlighting surging investor demand for AI memory chips.
XRP falls amid China’s push for domestic chips
As China’s state-backed memory chip manufacturer, ChangXin Memory Technologies (CXMT), turned out to be the country’s largest public firm following its initial public offering (IPO) on July 27, …
China crude imports tick up
China’s crude imports have ticked up, but analysts said the rebound was unlikely to signal a return to pre-war levels. The increase reflects stranded cargoes clearing the Strait of Hormuz and more …
Coinbase policy chief says CLARITY Act is critical to keep crypto lead over China
Coinbase Global Inc. COIN Chief Policy Officer Faryar Shirzad on Monday urged U.S. lawmakers to advance the CLARITY Act, arguing that the legislation is critical to ensure America, not China, leads …
China’s chip tool push shows ASML caught in US-China squeeze
By Toby Sterling AMSTERDAM, July 28 (Reuters) – China’s launch of a homegrown type of advanced lithography chip printing machine is spotlighting how European chip tool maker ASML, whose recent share …
US lawmakers seek national security probe of Chinese chip giant CXMT after blockbuster IPO: ‘Ticking time bomb’
Top US lawmakers want the Trump administration to launch a formal national security probe into Chinese memory chipmaker CXMT on suspicions that Beijing orchestrated the company’s blockbuster IPO to …
What’s behind China’s recent spike in Covid-19 cases? And is it anything to worry about?
Disease now spreading more quickly than flu, as experts say conditions for spreading the virus in summer and winter are ‘converging’ China has seen a spike in Covid-19 in recent weeks, overtaking …
China has a fleet of 24 Su-35 fighters from Russia. The gamble: Experts feared Beijing would steal their secrets
Kazianis unpacks the 2015 gamble: 24 Su-35s for $2-2.5 billion, delivered by 2019 — Russia’s most advanced jet sold to its likeliest copier. Moscow bet disassembly can’t yield engines, software, or …
China hits back at criticism over excess industrial capacity as more US tariffs loom
China pushed back Tuesday against claims of overcapacity in the world’s second largest economy, ahead of the release of results of a U.S. probe on the matter that could result in new tariffs. Massive …
