China has launched a significant crackdown on the import of high-tech computer chips from the United States, focusing on Nvidia’s artificial intelligence (AI) processors. Customs officers at major …
Tagged By beijing
China Expands Rare Earth Export Controls Ahead of Trump-Xi Meeting
This move could disrupt global supply chains, drive up prices, and have ripple effects across financial markets.
Exclusive-Chinese robot maker AgiBot plans Hong Kong IPO next year, sources say
By Julie Zhu and Liam Mo HONG KONG/BEIJING (Reuters) -Chinese humanoid robot maker AgiBot plans to launch an initial public offering in Hong Kong next year, eyeing a valuation of HK$40 billion to …
Nestle sells Yinlu business in China amid portfolio cleanup
Nestle has agreed to sell its Yinlu peanut milk and canned rice porridge businesses in China to Food Wise Co Ltd, a company controlled by the family of Yinlu founder Chen Qingshui, the world’s largest…
GLOBAL ECONOMY Asian factories continue recovery from COVID-19 woes as China booms
Asian factories continued to recover steadily in November thanks to a boom in economic powerhouse China, private surveys showed on Tuesday, offering hope the region was shaking off the drag from the …
Chinese battery shares slide after Beijing imposes export controls over supply chain
Shares of Chinese battery makers plunged on Friday after the country announced that it would control exports of lithium battery parts, a move that tightens its grip on the technology critical for …
China formin to meet Japan’s Suga; Beijing’s first high-level contact with new PM
Chinese Foreign Minister Wang Yi will meet Japanese Prime Minister Yoshihide Suga on Wednesday, marking Beijing’s first high-level contact with Japan’s new leader.
China hits US vessels with retaliatory port fees
The fees and schedule broadly mirror rules announced by the US in April, which come into effect next Tuesday. The US is requiring China-built vessels docking at US ports to pay $18 a tonne or…
China to cut tariffs, boost imports of high-quality goods and services – Xi says
China will continue to cut its tariffs and expand imports of high-quality goods and services, Chinese President Xi Jinping said on Thursday, while vowing to push reforms and promote an …
In Xi’s China tycoons are vanishing, and Liuzhi may be the reason why
A growing number of China’s business leaders are disappearing into Liuzhi, a secretive detention system where anti-corruption probes and blacklists blur with business crackdowns.
China’s oil buying binge to run on in 2021 as tank operators, refiners stock up
China’s commercial oil stockpiling sector, which emerged as a key swing buyer of crude as prices plunged earlier this year, is setting plans to grow again in 2021, supporting a further boost in …
China’s ambassador to India announces resumption of direct flights by October end
The resumption of direct flights between India and China is expected to benefit various sectors, including business, academia, and tourism. Industry experts anticipate that the move will boost …
China’s c.bank says Ant’s IPO suspension is to safeguard consumer, investor interests
The decision to suspend Ant Group’s planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and investors, a senior …
