The Trump administration has been reportedly urging Congress to reject a proposed measure, that would restrict NVIDIA Corp’s (NVDA) to sell its advanced artificial intelligence (AI) chips to China and …
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China warns there is ‘no market’ for Japanese seafood exports as spat over Taiwan comments escalates
China has warned there is “no market” for Japanese seafood exports, the latest veiled threat from Beijing as its diplomatic spat with Tokyo escalates over recent comments by Japan’s leader on …
China’s rare earth magnet exports drop overall, but surge to US market in October
China’s rare earth magnet exports dropped overall in October, yet surged to the US, coinciding with a one-year lift on export controls.
In the News: US Scrutiny of Morgan Stanley HK IPO; First Foreign AI Approvals in China; and Indonesia Panda Bonds
U.S. House panel intensifies scrutiny of Morgan Stanley over IPO linked to Uyghur forced-labor entity. | Three foreign carmakers obtain approval to deploy AI chatbots in cars in China. | Indonesia …
Asia stocks trade mixed after Wall Street’s post-Nvidia jump, while China plans property relief and holds rates
Asia stocks trade mixed on Thursday following a Wall Street’s rally after Nvidia’s strong earnings eased AI valuation concerns. Sentiment was also supported by the PBoC’s decision to keep key lending …
China weighing new property stimulus package as crisis drags on, Bloomberg reports
Last year, China scrapped a nationwide mortgage rate floor for individual homebuyers, seeking to bring down borrowing costs. The central bank then let the local interest rate self-discipline system, a …
Think tank calls for HK-Shenzhen airport rail link
A think tank on Thursday proposed building an inter-airport railway between Hong Kong and Shenzhen to better integrate …
Investing in China provides certainty amid uncertainty, USCBC says
Despite intensified uncertainties seen this year, Sean Stein, president of the US-China Business Council, said that most US companies remain deeply committed to the Chinese market. “We’ve seen over …
China October rare earth magnet exports fall for a second month, but US shipments surge
China’s rare earth magnet exports in October fell 5.2% from a month earlier, customs data showed on Thursday, down for a second month, but shipments to the United States surged to a nine-month high. B…
China imports no US soybeans for second month, Brazil arrivals up 29%
China imported no soybeans from the U.S. for a second straight month in October even as total imports surged to a record high on purchases from South America, with buyers aiming to avert supply disruptions…
Beijing to ban all imports of seafood from Japan: Japanese media
A warning of more countermeasures by China against Japan, as a row triggered by the Japanese premier’s comments on Taiwan, escalates. The spat now expanding into the seafood industry, with Beijing …
China underground church pastors arrested, face up to 3 years in jail, NGO head says
By Laurie Chen BEIJING (Reuters) -Eighteen leaders of a major Chinese underground church were formally arrested on Tuesday, a Christian NGO advocate told Reuters, meaning they will eventually face trial and a potential prison sentence…
Tariff truce, openness pledges: Firms in China welcome recent positive signals but want to see more
Most foreign firms CNA spoke to are forging ahead with long-term business plans in the country, including expansion. Analysts say this reflects China’s enduring weight in the world economy.
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