The U.S. has wielded its trading powers for years to curb advanced chipmaking shipments to China, but it’s now reportedly considering tougher trade rules if allies continue selling chip tech to China.
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ASML Stock Up 49% In 2024, Falls On Fear Of China Export Curbs
Despite expectations-beating revenue and profits, ASML’s future could be at risk if China export restrictions stiffen or a pay off from generative AI remains elusive.
Trump Invites China to Invade Taiwan If He Returns to Office
Taiwan is a democracy off the coast of China. It used to be part of China until the Chinese civil war left it de facto independent. The Chinese Communist Party has never recognized Taiwan’s independence.
Tanker Carrying Russian Oil to China Attacked by Houthi Sea Drone
The Houthis launched an uncrewed surface vessel attacking MT Chios Lion, a Liberian-flagged, Marshall Islands-owned, Greek-operated crude oil tanker, according to a statement put out by the United States Military’s Central Command on Tuesday.
China’s Third Plenum Planners Have Problems Beyond The Property Crisis
For years China’s local governments have spent freely to support growth. The debt loads they have accumulated now threaten the nation’s economic prospects.
‘He’s Changed His Tune’—Trump Reveals JPMorgan CEO’s ‘Sudden’ Bitcoin And Crypto Flip Amid Huge Price Surge
Donald Trump has revealed JPMorgan CEO Jamie Dimon, an arch-bitcoin and crypto skeptic, has “all of a sudden changed his
Hong Kong academic critiques crypto policies and China’s mining ban
Professor Yang Wang from the Hong Kong University of Science and Technology (HKUST) recently gave a talk at the HashKey New Horizons event. He had some pretty strong opinions about Hong Kong’s crypto …
Donald Trump Suggests He Would Not Defend Taiwan From China
The U.S. does not recognize Taiwan as an independent state, but is opposed to any attempt by Beijing to take the island by force. Trump appeared to suggest that Taiwan should pay the U.S. for…
AI Earthquake: Semiconductors Suffer Worst Selloff In Years On Stricter US Chip Exports To China
The semiconductor sector faces major losses due to concerns over US-China trade restrictions under the Biden administration. Chipmakers see sharp drops.
Bosses in China have been accused of making job applicants take pregnancy tests: report
Prosecutors in Nantong investigated 16 companies which they said had 168 job applicants take pregnancy tests, according to state media.
Donald Trump Comments On Crypto Pivot: ‘If We Don’t Do It, China Will’
Trump now supports cryptocurrency, seeing it as a strategic necessity to prevent China from dominating the sector. Trump’s pro-crypto stance contrasts with the Democratic Party’s cautious approach, …
Nvidia and other chip stocks tumble on report the Biden administration is weighing tighter China trade restrictions
Chipmakers including Nvidia, TSMC and ASML were down on Wednesday as the Biden administration reportedly considers tighter China trade restrictions.
Stock market news today: S&P 500, Nasdaq slide as China curb risk rattles techs
Techs were under dual pressure from worries about US export curbs on China and Donald Trump’s stance on Taiwan.
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