The world’s second-biggest economy got a boost third quarter from rising industrial production and consumer spending, but challenges persist …
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UPDATE 1-ASML CEO: one more tool hit by US export rules, China demand seen strong
The chief executive of Dutch semiconductor equipment maker ASML Holding NV said on Wednesday one more of its products falls under new export restrictions rules announced by the U.S. this week. At a …
US escalates tech battle by cutting China off from AI chips
China’s Foreign Ministry criticized the Biden administration … the US Department of Commerce added 13 Chinese entities to a list of firms with which US companies may not do business for national …
China’s economy may be growing faster, but big problems remain
The threat of deflation lingers, too. China’s annual nominal growth, which includes inflation, was 3.5% in the third quarter, lower than the real, inflation-adjusted figure. This suggests that the …
Is Shenzhen a Glimmer of Hope in China’s Struggling Legal Market?
Bird & Bird, Holman Fenwick Willan and Morgan Lewis & Bockius have all launched new offices in Shenzhen this year. Lawyers say there’s first mover advantage but what are the opportunities that lie …
ASML shakes off China export worries (updated)
Shares of Dutch semiconductor equipment maker ASML Holding (NASDAQ:ASML) fell around 2.5% in early trading on Tuesday, as new export curbs on semiconductors overshadowed praise from Wall Street. On …
Unlocking the Future of Blockchain with Zetrix: The IEO That’s Transforming Trade, Governance, and Asset Tokenisation
Zetrix is designed as a public blockchain that supports smart contracts, meaning that it is open and can serve international markets.- Partnership with CAICT: Collaboration with the Institute of …
Fears That China Boost for L’Oreal’s Beauty Label Sales May Not Last
L’Oreal, which in China sells brands ranging from Maybelline to local label Yuesai and high-end Lancome, accounted for the biggest share of the country’s $78.9 billion beauty and personal care market …
Zelenskyy says Ukraine has used U.S.-supplied ATACMS missiles; Putin visits ‘dear friend’ Xi in Beijing
The world is watching closely as Russian President Vladimir Putin and his Chinese counterpart Xi Jinping meet at China’s Belt and Road forum in Beijing.
China’s Xi warns West against cutting ties as he welcomes ‘dear friend’ Putin to Beijing
Xi Jinping warned the West against breaking economic ties with China on Wednesday as he welcomed his “dear friend” Vladimir Putin and other allies to a global summit in Beijing.
China rolls out a (largely symbolic) red carpet for foreign manufacturers
China is removing restrictions on foreign investment in the domestic manufacturing sector, according to state media.
Procter & Gamble’s 1Q Volume Down Due to Beauty Business in China, CFO Says
By Sabela Ojea Procter & Gamble’s latest quarterly volumes were down as a result of the consumer goods giant’s beauty business in China, Chief …
Video Shows Putin With Nuclear Briefcase in China
The portable nuclear hub, known as the “Cheget,” travels with the Russian president at all times and is traditionally carried by a naval officer.