Nvidia Corporation (NASDAQ: NVDA) may have found a workaround for the China export ban announced by the U.S. government in late August. What Happened: Nvidia is offering a new chip, dubbed A800 …
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China To Support Proposed Debt Treatment Process Of Sri Lanka
China has assured support to the proposed debt treatment process of Sri Lanka. The assurance was given during a meet …
Chinese Government Takes Stake in Kuaishou, Short Video Rival to TikTok
The Chinese government is understood to have taken a small but significant equity stake in Kuaishou, China’s second largest short video platform and a direct rival to Douyin, the Chinese half of …
China offers major financial bailout to Pakistan
Describing Pakistan as its all-time friend, China has talked about improving the economic situation in the flood ravaged country …
In a world on the edge of a new cold war, abandoned G2 concept for China-US ties may find its moment in the sun
As Obama became US president in 2009, G2 was held up as a way to redefine US-China ties as a comprehensive partnership to avoid a ‘clash of civilisations’ Amid uncertainty of post-pandemic disorder it …
To rebalance its economy, China must do more than regulate the market – it must reform the state
Uneven economic development and US pressure have prompted China’s turn back towards the state amid harsh crackdowns on tech, tuition and property But the state, perhaps as much as the market, has been …
China Banks Are Now Valued Like US Peers at Depths of 2008 Crash
Pessimism about China’s banking sector has plunged to an unprecedented level, even reaching the depths where US lenders traded during the 2008 financial crisis. The four biggest lenders, including …
China to foster high-level opening-up of gov’t procurement
China will actively and productively promote the high-level opening-up of government procurement to optimize the business environment, an official said Monday. The country will improve the …
On Financial Support For Pakistan, China Says It Has Done Its “Utmost”
China, which has offered a $9 billion bailout package to Pakistan, on Monday pledged more support for the cash-strapped nation.
Apple stock: China’s Covid lockdowns an ‘absolute gut punch’: Analyst
COVID lockdowns at Apple’s main iPhone 14 Pro and iPhone 14 Pro Max plant in Zhengzhou, China, are hitting the company at what’s arguably the worst possible time. The holiday …
Is China About to End Covid Zero? Here’s What We Know Right Now
Speculation about the fate of China’s Covid Zero policy has reached fever pitch. Most Read from BloombergTwitter Now Asks Some Fired Workers to Please Come BackElon Musk Walks Back on Twitter Job Cuts …
Lufax: Net-Net Financial Leader Aligned With China Strategy
Naturally, “real estate-backed securities” sparks dreadful images, such as the 2008 Financial Crisis and more recently, China’s Evergrande default debacle. To put things in context, real estate-backed …
China pledges more support to cash-strapped Pakistan after $9 billion bailout package
As the Pakistan government tries to steady the nation’s weak economy, China said it will continue to help the cash-strapped country stabilise its financial situation.