President Trump said he wouldn’t stop China from purchasing oil from Iran, signaling he might ease the U.S.’s “maximum pressure” campaign on Tehran. “They’re in the oil business. I mean, I could stop …
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Trump says China can buy Iranian oil, urges it to buy US crude
President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation …
S&P Chief Economist: ‘less pessimistic’ on U.S.-China tariffs, forecasts 2.9% global growth
Paul Gruenwald, Chief Economist at S&P Global Ratings is forecasting global GDP growth at 2.9% in 2025, saying China is “the one country that really moves the global needle” amid ongoing economic …
Blacklisted Chinese GPU makers line up to file for IPOs as US sanctions and trade war take toll on AI hardware market
Amid rising demand for AI hardware in China and U.S. sanctions, China’s GPU industry is rapidly expanding, with companies like Biren, Moore Threads, MetaX, and Zhaoxin pursuing IPOs to secure funding …
China Is Way, Way Ahead in the Car Business—Can the West Catch Up?
Industry vet Terry Woychowski shares learnings from ShanghaiAuto 2025 and his vehicle benchmarking firm Caresoft, to suggest what that might take.
China, Taiwan clash over history, Beijing says can’t ‘invade’ what is already its territory
China and Taiwan have clashed over their competing interpretations of history in an escalating war of words over what Beijing views as provocations from Taiwan’s government, and said it is impossible …
China’s Premier promises to open its doors to trade and share technology advancements
China’s Premier, He Lifeng, vowed to open China’s doors to trade activities and share technological advances with other countries.
COVID-19: ‘Razor-Blade Throat’ Variant Spreading Rapidly In US
A new COVID-19 variant marked by a painful “razor-blade throat” symptom is spreading rapidly in the United States. The strain, NB.1.8.1, also called Nimbus, is an offshoot of the highly transmissible …
OpenAI says China’s Zhipu AI gaining ground amid Beijing’s global AI push
OpenAI said on Wednesday its analysts have seen notable progress by Chinese start-up Zhipu AI in securing government contracts across several regions, signaling China’s growing momentum in pursuing …
China, reeling from floods, braces for second tropical cyclone in two weeks
A tropical depression may hit southern China as early as Thursday, meteorologists cautioned, bringing rain and gales to a flood-hit region still recovering from the impact of Typhoon Wutip two weeks …
Trump says China ‘can now continue to purchase oil from Iran’—but he hopes Beijing will buy U.S. crude instead
In a social media post on Tuesday, Trump wrote that “China can now continue to purchase oil from Iran.” That would be a major shift in U.S. policy, which has tried to constrai …
Chinese Marketing Company Aurora Mobile Plans to Adopt Crypto Treasury
The Shenzhen, China-based company’s board has approved an initiative to convert up to 20% its cash and cash equivalents into BTC and other digital assets.
Latham & Watkins Advises on CaoCao’s HK$1.85B Hong Kong IPO
Latham & Watkins has advised sponsors on CaoCao’s HK$1.85B IPO on the HKEX, supporting China’s Geely-backed ride-hailing platform.
