China Unicom Beijing and Huawei have created the world’s largest commercial MetaAAU network as part of a project that has deployed MetaAAUs at over 1,000 rural network sites on the outskirts of …
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Biden administration weighs rolling back Trump-era import tariffs to lower prices
There’s a push for President Joe Biden to bring down prices by rolling back Trump-era tariffs. Supporters say the move could help with surging inflation by lowering costs on imported goods.
China exports jump on easing virus rules but imports slump
BEIJING: China’s exports surged more than expected in June after its largest city eased lockdown rules, official data showed Wednesday, but import growth dipped while lingering Covid controls kept …
China’s import growth lagged behind exports for a good reason
Import data in June does not reflect the current demand for goods in China as lockdowns eased in the month and shipments were made before that. Import …
U.S. Senate to vote as soon as Tuesday on slimmed-down China chip bill -source
Voting in the Senate on a bill to boost the U.S. semiconductor industry and improve competitiveness with China could begin as early as Tuesday, Senate Majority Leader Chuck Schumer has been telling …
U.S. Congress needs to act next week on China chip bill, Raimondo says
U.S. Commerce Secretary Gina Raimondo said on Thursday that the Biden administration would support a pared-down version of legislation to boost the U.S. semiconductor industry and improve …
‘Grave national security threat’: Congress may give billions to US chip manufacturers to compete with China
Congress is poised to provide a multi-billion dollar subsidy to U.S. semiconductor chips manufactures in an attempt to outcompete China.
Chinese fast-fashion company Shein seeks U.S. IPO as soon as 2024, report says
Shein, the Chinese fast-fashion giant, has faced criticism over how workers are treated at plants that manufacture apparel for the company.
Beijing-Shanghai High-Speed Railway to Post First Quarterly Loss Since IPO
Beijing-Shanghai High Speed Railway Co. Ltd. (601816.SH) expects to report its first quarterly loss since the railway operator went public in 2020 as train travel shrinks amid strict pandemic control …
How India Has Been Pushing Back Economically Against China
Earlier this month, anti-money-laundering agencies in India launched a crackdown against Vivo, accusing it of channeling money outside India, mainly to China, to escape tax liabilities. By what it was …
China was seen as a gold mine for Western tech companies but now they are leaving there empty-handed
US billionaires once believed the “sky would be the limit” when it came to making money in China, however, in recent months, several tech giants — including Amazon’s Kindle and Airbnb — have joined a…
Zhejiang Chenguang Cable’s IPO to debut on Beijing Stock Exchange
Zhejiang Chenguang Cable (834639) to start trading on the Beijing Stock Exchange Jul 12, tomorrow. The firm has issued 53.67 mln shares priced at RMB 4.3 per share raising RMB 230.77 mln. Its price-to …
China’s Verdict on Fashion Week Has Never Been More Important
The recent menswear season was a highly anticipated event, taking some of the biggest names in luxury to London, Florence, Milan, and Paris.
