The U.S. Department of Commerce informed GE Aerospace on Thursday that it was once again allowed to ship jet engines to China’s COMAC, lifting license suspensions issued several weeks ago, according to a person familiar…
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U.S. lifts chip design software curbs on China in trade deal
The White House cracked down on sales to China as part of measures responding to Beijing’s limits on shipments of essential rare earths.
How the Trump tax bill could help China win at A.I.
Republicans are gutting subsidies for the fastest growing sources of U.S. electricity, solar and wind. Among the biggest winners will be China.
I left the U.S. for China – here’s how much it costs
Aleese Lightyear, 35, traded a hectic NYC life for China and now lives large on $30K a year. She pays $278/month for her downtown apartment, she’s thriving in Chengdu, paid off her student loans and…
China seeks financial advice from Europe to stop economic headache from escalating
As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun quietly seeking guidance from European …
Company says it’s closing Pa. plant due to import ban on American logs into China, among other reasons
The company said there was a range of factors involved in the closing, including skilled labor shortages, rising labor costs, increased prices for equipment and production supplies, global economic …
China trade war threatens US fireworks industry: Stars, Stripes and Sticker Shock
With their near-total reliance on Chinese imports, American fireworks companies have landed squarely in the crosshairs of President Donald Trump ’s trade war with Beijing. China manufactures 99% of the fireworks enjoyed in backyards and…
China’s north and west on alert after sweeping rains trigger deadly floods
China’s north and west braced for more flash floods and landslides on Thursday as annual ‘Plum Rains’ left a trail of destruction and prompted the mobilisation of thousands of rescue workers to pull …
China’s foreign minister dismisses European worries over rare earths
China’s foreign minister downplayed European worries over rare earth exports restrictions on Thursday, saying it was standard practise to control dual-use goods exports but that Europe’s needs could …
China’s tech firms aggressively push for a yuan-pegged stablecoin abroad
China’s tech firms JD.com and Ant Group have proposed to the country’s central bank to allow the launch of stablecoins in Hong Kong pegged to its offshore yuan. Both companies believe the initiative …
China’s EV battery makers plan Hong Kong listings, eyeing global market
GUANGZHOU — Chinese electric vehicle battery makers like Sunwoda Electronic and Eve Energy have laid out plans to list on the Hong Kong Stock Exchange, looking to raise funds to increase production …
Only 15 electric vehicle brands in China will be financially viable by 2030, AlixPartners says
BEIJING (Reuters) -Only 15 out of the 129 brands that currently sell electric vehicles and plug-in hybrids in China will be financially viable by 2030, as intense competition forces consolidation and …
China’s Shandong raises fuel oil import tax rebates for some refineries, sources say
The provincial government of Shandong, China’s refining hub, has increased fuel oil import tax rebates for six independent refineries to improve their profitability as they struggle with low margins …