BEIJING, July 7, 2025 /PRNewswire/ — On July 3, the Digital Finance Forum of the Global Digital Economy Conference 2025 was held at the Beijing Banking & Insurance Business Park.
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Nvidia, AMD deal with U.S. govt. to share revenue from China AI chips
The United States’ two leading makers of semiconductors that power AI have agreed to pay 15% of their China sales of two chips in exchange for export licenses.
Trump’s Pay-to-Play Chip Deal: Nvidia, AMD to Share China Revenue with U.S. Government
A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor companies, have agreed to an extraordinary deal …
China’s central bank conducts open market operations to back up economy
The headquarters of the People’s Bank of China in Beijing Photo: IC. The People’s Bank of China (PBC), the country’s central bank, conducted seven-day reserve repo operations wort …
Why China’s childcare subsidies may benefit poorer regions – and how they stack up in Asia
But the universal cash transfers could have a bigger impact on consumption levels than the number of births, some analysts say.
Foreign Banks in China Speed Up Shift Toward Premium Retail Services
Standard Chartered Bank China has established priority private wealth management centers in Shanghai, Beijing, and Hangzhou since 2023, focusing on providing asset growth, diversified investment, and …
China’s mega dam project in Tibet on Brahmaputra to see scrutiny over green finance risks
The development on the Yarlung Tsangpo (Brahmaputra) river overlaps with one of the world’s key biodiversity hotspots …
Lenders Seen Scrutinizing China Mega-Dam’s Green Finance Risks
China’s 1.2 trillion yuan ($167 billion) mega-dam in Tibet will face strict scrutiny to access green financing because of the potential environmental and social impacts of large hydropower, according …
Nvidia and AMD to pay 15% of China chip sales to US
Chip giants Nvidia and AMD have agreed to pay the US government 15% of their semiconductor sales in China, the BBC has been told by a source close to the matter. The agreement is part…
Asia markets rise ahead of U.S.-China tariff deadline, Australia hits record high
Asia shares rise on Monday, as investors awaited an announcement on whether the US-China tariff truce will be extended ahead of the August 12 deadline. Market focus shifted to upcoming US inflation …
U.S.-China high-stakes truce extension hangs in the balance as deadline looms
Trump has so far offered little indication on whether he will extend the truce, stoking concern that a lapse could reignite tensions between the world’s two largest economies.
Nvidia, AMD to pay ‘unprecedented’ 15% of China chip sale revenues to US government: FT
VCG. In a rare move, Nvidia and AMD have reportedly agreed to share a portion of their revenue from China sales of certain chips as part of an unusual arran …
Nvidia, AMD to Give U.S. 15% Cut on AI Chip Sales to China
Nvidia and Advanced Micro Devices have agreed to give the Trump administration a portion of the sales from their artificial-intelligence chips to China, unusual agreements that deepen their …