The United States slapped India with 25 per cent tariffs alongside 25 per cent levies for its purchases of Russian oil, bringing the total duties on New Delhi to 50 per cent.
Tagged By beijing
China’s Automakers Are Taking a Shortcut to European Markets
Ships carrying Chinese cars are using the Red Sea and Suez Canal even as other vessels still sail around Africa in fear of attacks by the Houthi militia.
Chinese kid wrecks $56,000 of property in Labubu toy tantrum, shatters ceiling and chandelier
A Chinese influencer’s home suffered significant damage after a visiting child, upset at being denied a rare Labubu toy, shattered a glass ceiling and broke an Italian crystal chandelier worth a …
How brands are tapping into nostalgia for China’s ‘boom era’ on social media
Dwindling job and income prospects in China are fuelling intense social media chatter about the fashion and culture of the 2000s.
Philippines’ Marcos says China ‘misinterpreted’ his comments on Taiwan
Philippine President Ferdinand Marcos Jr. said on Monday that Beijing has “misinterpreted” his comments saying Manila will be inevitably drawn in to a conflict between China and Taiwan should one erupt.
Nvidia, AMD Agree to Share China Revenue With U.S.
Nvidia and AMD will give the U.S. government a 15% cut of the sales of their chips in China, in exchange for receiving export licenses for the Chinese market, The Financial Times reported. The unusual…
Festival expands beyond the Swiss Alps to make Asian debut in Shenzhen
One of the world’s premier classical music events, The Verbier Festival, is embarking on a historic expansion beyond the Swiss Alps, making its Asian debut in Shenzhen, Guangdong province, in late …
Beijing’s anti-involution push won’t be too drastic as it could lead to higher unemployment
Kelvin Tay from UBS Global Wealth Management CIO says China’s involution phenomenon has its cultural root in the Confucianism and addressing the issue would take time and a fine balance given the …
China’s CATL suspends operations at major lithium mine, seeks new license
Chinese battery giant Contemporary Amperex Technology said on Monday it had suspended production at a major lithium mine after its license expired, sparking a surge in lithium futures and miners’ share prices.
Nvidia, AMD agree to pay 15% of China chip sale revenue to the US
An Nvidia spokesperson said the company follows US export rules, adding that while it hasn’t shipped H20 chips to China for months, it hopes the rules will allow US companies to compete in China. AMD…
Mid-tier premium brands feel the squeeze in China
But mid-tier premium brands bucked the trend. Volvo’s China sales fell 5.9 percent to 59,400 units. Lincoln posted a steep 32.5 percent drop to 33,000 vehicles, while Jaguar Land Rover sold just …
China’s unemployed young adults who are pretending to have jobs
Yet paying companies so you can pretend to work for them has become popular among young, unemployed adults in China. It has led to a growing number of such providers. The development comes amid China’s…
Nvidia, AMD to pay 15% of China chip sale revenues to US: report
Nvidia and AMD have agreed to give the US government 15% of their revenues from chip sales in China, under an arrangement to obtain export licenses for the semiconductors, the Financial Times …
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