Philippine President Ferdinand Marcos Jr. said on Monday that Beijing has “misinterpreted” his comments saying Manila will be inevitably drawn in to a conflict between China and Taiwan should one erupt.
Tagged By beijing
Nvidia, AMD Agree to Share China Revenue With U.S.
Nvidia and AMD will give the U.S. government a 15% cut of the sales of their chips in China, in exchange for receiving export licenses for the Chinese market, The Financial Times reported. The unusual…
Festival expands beyond the Swiss Alps to make Asian debut in Shenzhen
One of the world’s premier classical music events, The Verbier Festival, is embarking on a historic expansion beyond the Swiss Alps, making its Asian debut in Shenzhen, Guangdong province, in late …
Beijing’s anti-involution push won’t be too drastic as it could lead to higher unemployment
Kelvin Tay from UBS Global Wealth Management CIO says China’s involution phenomenon has its cultural root in the Confucianism and addressing the issue would take time and a fine balance given the …
China’s CATL suspends operations at major lithium mine, seeks new license
Chinese battery giant Contemporary Amperex Technology said on Monday it had suspended production at a major lithium mine after its license expired, sparking a surge in lithium futures and miners’ share prices.
Nvidia, AMD agree to pay 15% of China chip sale revenue to the US
An Nvidia spokesperson said the company follows US export rules, adding that while it hasn’t shipped H20 chips to China for months, it hopes the rules will allow US companies to compete in China. AMD…
Mid-tier premium brands feel the squeeze in China
But mid-tier premium brands bucked the trend. Volvo’s China sales fell 5.9 percent to 59,400 units. Lincoln posted a steep 32.5 percent drop to 33,000 vehicles, while Jaguar Land Rover sold just …
China’s unemployed young adults who are pretending to have jobs
Yet paying companies so you can pretend to work for them has become popular among young, unemployed adults in China. It has led to a growing number of such providers. The development comes amid China’s…
Nvidia, AMD to pay 15% of China chip sale revenues to US: report
Nvidia and AMD have agreed to give the US government 15% of their revenues from chip sales in China, under an arrangement to obtain export licenses for the semiconductors, the Financial Times …
China Reshuffles Soy Trade to Counter Local Glut and US Tensions
China has long worried about its shortage of soybeans, solidifying its status as the world’s biggest buyer to the benefit of farmers from the US to Brazil. But as its economy slackens, the country is…
China outpaces India amid emerging market turmoil; valuation gap hits record $6.3 trillion
According to data from Bloomberg, the MSCI India Index has lagged its Chinese counterpart by nearly 10 percentage points this quarter, marking India’s worst relative annual performance since 2017.
Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with the …
Nvidia and AMD reportedly will give U.S. government 15% of its China chip revenues
Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government as a condition of receiving new export licenses, according to a report …
