China’s new export controls over parts of the battery supply chain are the latest sign Beijing is willing to leverage its dominance over an industry vital to the energy transition.
Tagged By beijing
USDA defends estimate of China corn imports, despite hot sales pace
The U.S. Department of Agriculture on Wednesday defended its latest monthly forecast of China’s corn imports, a figure that surprised analysts given that corn sales to China have already outpaced the …
Exclusive: China eyes more corn imports as shipments surge, set to become top buyer
China’s government is discussing permits for millions of tonnes of additional corn imports over the next year, three industry sources told Reuters, amid a surge in animal feed demand and after storms …
China tightens checks on Nvidia AI chips at major ports, FT reports
Chinese customs officials were dispatched to key ports to conduct strict checks on semiconductor shipments, the newspaper said on Friday, citing unidentified sources. China customs officials did not …
China steps up customs crackdown on Nvidia AI chips: Report
China has ramped up enforcement of its chip import restrictions, aiming to reduce domestic technology companies’ dependence on US products such as Nvidia’s artificial intelligence processors, the …
China brands are now global competition
Chinese consumer brands from coffee to fashion are going global, from Luckin and Heytea to Miniso and Urban Revivo, signalling a new wave of competition far beyond Shein and Temu.
Mainland China reports most new COVID-19 cases in more than 2 months
Mainland China reported 42 new COVID-19 cases on Oct. 27, the highest daily toll in more than two months due to a rise in infections in the northwestern Xinjiang region, the country’s health authority …
CNBC Daily Open: The rare earths must flow, but only with Beijing’s permission
Beijing may be signalling its leverage ahead of a potential high-stakes Trump-Xi meeting by tightening control over rare earth exports.
China’s property slump this year is looking much worse than expected, S&P says
China’s real estate market is on track to drop more than previously expected this year due to the lack of government support, S&P Global Ratings said.
Ant Group to launch $35 bln IPO after final nod from China regulator
China’s Ant Group has won the final nod from the country’s top securities watchdog for the registration of its Shanghai offering, the regulator said on Wednesday, clearing the last regulatory hurdle …
U.S. and Brazil must reduce dependence on China imports -Pompeo
U.S. Secretary of State Mike Pompeo warned on Monday that as the United States and Brazil reinforce their business partnership, they need to reduce their dependence on imports from China for their own …
China and U.S. economies diverge over coronavirus response
The United States and China dealt with the spread of the devastating coronavirus pandemic in vastly different ways, and that split is reshaping the global battle between the world’s two leading …
EV-Charging Firm Shanghai Zhida Tech Soars in Hong Kong IPO
Shares of Shanghai Zhida Technology powered higher in its Hong Kong debut, adding to the wave of Chinese tech and green energy companies tapping the city’s financial markets. The stock surged to …