One of New York’s iconic hotels was purchased by a Chinese group in 2014, followed by the subsequent purchases of other properties and a legal case.
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China to overtake Australia as world’s top lithium miner by 2026, Fastmarkets says
China by next year will overtake Australia as the world’s top miner of the battery metal lithium, according to a forecast from consultancy Fastmarkets, and its market prowess is expected to grow …
Lawmakers grapple with questions of safety vs speed in AI race with China
Bipartisan lawmakers stressed U.S. dominance in AI development over China, as witnesses highlighted the need for smart guardrails to balance safety with technological advancement.
Texas the latest state with a law banning foreign adversaries from buying real estate
With Republican Gov. Greg Abbott’s signature of SB 17, Texas becomes the latest state to ban land and property acquisitions by adversarial nations like Iran, North Korea and China.
China’s plug-in hybrid exports spike in wake of EU tariff exemption
Plug-in hybrids are exempt from European Union duties on Chinese electric vehicles. China’s auto giants have been quick to take advantage.
Trump Signals He Won’t Stand in Way of China Buying Iranian Oil
President Trump said he wouldn’t stop China from purchasing oil from Iran, signaling he might ease the U.S.’s “maximum pressure” campaign on Tehran. “They’re in the oil business. I mean, I could stop …
Trump says China can buy Iranian oil, urges it to buy US crude
President Donald Trump said on Tuesday that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, a move that the White House clarified did not indicate a relaxation …
S&P Chief Economist: ‘less pessimistic’ on U.S.-China tariffs, forecasts 2.9% global growth
Paul Gruenwald, Chief Economist at S&P Global Ratings is forecasting global GDP growth at 2.9% in 2025, saying China is “the one country that really moves the global needle” amid ongoing economic …
Blacklisted Chinese GPU makers line up to file for IPOs as US sanctions and trade war take toll on AI hardware market
Amid rising demand for AI hardware in China and U.S. sanctions, China’s GPU industry is rapidly expanding, with companies like Biren, Moore Threads, MetaX, and Zhaoxin pursuing IPOs to secure funding …
China Is Way, Way Ahead in the Car Business—Can the West Catch Up?
Industry vet Terry Woychowski shares learnings from ShanghaiAuto 2025 and his vehicle benchmarking firm Caresoft, to suggest what that might take.
China, Taiwan clash over history, Beijing says can’t ‘invade’ what is already its territory
China and Taiwan have clashed over their competing interpretations of history in an escalating war of words over what Beijing views as provocations from Taiwan’s government, and said it is impossible …
China’s Premier promises to open its doors to trade and share technology advancements
China’s Premier, He Lifeng, vowed to open China’s doors to trade activities and share technological advances with other countries.
COVID-19: ‘Razor-Blade Throat’ Variant Spreading Rapidly In US
A new COVID-19 variant marked by a painful “razor-blade throat” symptom is spreading rapidly in the United States. The strain, NB.1.8.1, also called Nimbus, is an offshoot of the highly transmissible …