BEIJING: Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (US$1.65 billion) in initial public offerings, hoping US curbs on advanced chip sales to …
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Two Chinese Chip Firms Plan $1.7 Billion IPOs, Bet US Export Curbs to Spur Growth
Beijing-based Moore Threads plans to raise 8 billion yuan, while Shanghai-based MetaX seeks 3.9 billion yuan, according to their IPO prospectuses filed on Monday. Both companies intend to list on …
China’s Luckin Coffee opens first U.S. locations in New York City
Starbucks got some heated competition Monday as China’s largest coffee chain Luckin Coffee opened its first two locations in the United States.
China partially lifts ban on Japanese seafood after Fukushima wastewater row
China partially lifts ban on Japanese seafood after Fukushima wastewater row – Exporters will require certificates from Japan’s government confirming inspections for radioactive materials …
China’s Homegrown Jewelry Superstar
In that same period, upstart domestic jewelry brand Laopu Gold Co. has prospered with a growing range of gold rings, necklaces, bracelets and more aimed at the aspirations of a bruised middle class.
China’s June factory activity unexpectedly expands, private survey shows
The private survey appeared to diverge from the country’s official PMI report, which showed manufacturing activity contracted for a third straight month in June.
South Korea exports rebound on tech boost but US, China shipments extend losses
South Korea’s exports rose in June on the back of strong tech demand, after falling in May for the first time in four months, trade data showed on Tuesday, though shipments to the U.S. and…
From toys to milk tea, Chinese brands widen market share in Malaysia
KUALA LUMPUR – Chinese brands continue to widen their share of the consumer market in Malaysia, with strong and growing demand for a range of products from milk tea to designer toys.
Stock Market LIVE: GIFT Nifty rises; Asian markets mixed; India, China June manufacturing PMI eyed
Stock Market LIVE on Tuesday, July 1, 2025: India and China’s manufacturing PMI final figures for June, Federal Reserve Chair Jerome Powell’s address at the 2025 European Central Bank Forum in …
China to extend anti-dumping duties on imports of some stainless steel
China will extend its anti-dumping duties on some stainless steel products from certain countries and regions for another five years from Tuesday in a bid to protect domestic manufacturers.
Japanese seafood imports conditionally resumed
China has conditionally resumed imports of aquatic products from certain regions of Japan, but will take immediate measures to restrict such imports should any risks be identified, the Foreign …
Brazil to investigate hot-rolled steel export ‘dumping’ from China, India
Brazil’s government will launch an investigation into suspected export “dumping” of some hot-rolled steel products from China, India and Indonesia, its official gazette said on Monday.
China’s Ant Group Boosts R&D Spending To Record $3.26 Billion In 2024 Amid AI Push
Ant Group disclosed on Monday that it invested a record 23.45 billion yuan ($3.26 billion) in research and development during 2024.
