Crypto dips, China open to Tariff talks, Nvidia faces chip ban FOMO HOUR EP338 BTC falls below 200D MA in bearish sign. BTC correlation to stocks nearly 0. BTC miners are main sellers amid higher…
Tagged By beijing
Have China’s Local Governments Just Sold 15K Bitcoin Worth $1.35B? Here Are the Facts
Circulating reports suggesting local governments in China recently sold over $1 billion in Bitcoin might be misrepresenting facts. Recent rumors across crypto media have stirred fears that Chinese …
Chinese tea firm Chagee aims for $400mn New York IPO despite tariff war
a provider of IPO research. Chagee’s offering comes days after the Trump administration increased tariffs on Beijing to about 120 per cent amid a trade war that economists expect to hit global growth.
How China Took Over the World’s Rare Earths Industry
China seized mines and built factories. Japan took note and invested in Australia. But the United States did little despite concerns about control of supplies.
US risks pushing European allies into China’s arms with new tariffs, experts warn
The constant flip-flopping on policies will prompt European leaders to edge closer to China, who may be viewed as a more reliable trade partner, experts said.
AMD expects $800 million hit from U.S. chip restrictions on China
Advanced Micro Devices said it could incur charges of up to $800 million for exporting some products to China and other countries.
‘China’s Elon Musk’ uses just two numbers to demonstrate why his country’s auto industry is now outcompeting the U.S. and Europe
If you want to know why the most technologically advanced cars are currently built in China rather than the United States or Europe, two numbers describe the breakneck pace of innovation there. 50 represents the…
Why it’s nearly impossible for America to meet its rare-earth needs after China’s export restrictions
China has managed to hit the U.S. where it hurts the most in response to the Trump administration’s tariffs, with restrictions on global exports of certain rare-earth elements that the U.S. has little ability to…
Ford’s China business made $900 million last year
Ford Motor’s China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker’s top executives said Wednesday.
Dow Jones Today: Futures Slide as Nvidia, AMD Lead Chip Stocks Lower Amid Restrictions on Exports to China
Futures are pointing to a lower open for major indexes on Wednesday as chip stocks slide amid concerns about export restrictions to China.
America is turning away China’s goods. Where will they go instead?
Once turned away, where will China’s exports to America go instead? As supply chains adjust, firms will expand abroad to qualify for lower tariffs, as many did in Mr Trump’s first trade war. Less scrupulous…
China’s Economy Grows Faster Than Expected Despite Trade War Fears
China’s GDP growth came in ahead of forecasts for the first quarter, which Beijing said reflects the resilience of its economy.
Japan state pension fund switches to foreign benchmark index excluding onshore China shares
Japan’s Government Pension Investment Fund has switched the benchmark it uses for foreign equities for its $1.7 trillion of investments, to one that does not include onshore Chinese shares it said in a recent update.
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