U.S. curbs on AI chip exports to China aim to hinder its tech progress without affecting domestic tech prices, amidst a larger tech cold war scenario.
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Analysts say growth concerns and increased competition in China are weighing on Apple stock
A pullback in Apple stock can largely be attributed to a potential fourth-straight quarter of declining revenue expected to be reported early next month, in addition to increased competition in China, …
CORRECTED-UPDATE 3-China’s Xi warns against decoupling, lauds Belt and Road at forum
a likely reference to the Biden administration’s efforts to block export of advanced AI chips to China. A European business representative, who did not want to be named for sensitivity reasons, said …
China’s Economy Grew More Than Expected in the Third Quarter
The world’s second-biggest economy got a boost third quarter from rising industrial production and consumer spending, but challenges persist …
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.