Scania’s new Chinese production facility will open in October in a bid to reduce costs in the Asian market and stay ‘close to rivals’. View on euronews …
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China July bank loans unexpectedly contract for first time in 20 years
China’s new yuan loans contracted by 50 billion yuan ($6.97 billion) in July, falling well short of analysts’ forecasts and plunging from 2.24 trillion yuan in June, according to Reuters calculations …
What CEOs really think about Nvidia and AMD’s China export deal: ‘Brilliant, a tariff that we don’t have to pay’
In today’s CEO Daily: Diane Brady on Nvidia and AMD’s deals to give the U.S. government a 15% cut of their chip sales to China. The big story: China tariff deal pushed off.
How are businesses that import from China handling the trade war?
President Donald Trump announced Monday night that he is extending the pause on higher tariffs on China for another 90 days, until mid-November. Tariffs on Chinese imports are currently set at 30%, …
China rejects OpenAI’s GPT-5 trademark bid, here’s why
Chinese authorities have rejected OpenAI’s bid to trademark “GPT-5” on the mainland, marking another setback for the ChatGPT maker in protecting its brand in one of the world’s largest AI markets.
Trump’s administration halted the sale of advanced computer chips to China back in April over national security concerns.
NEW YORK (AP) — Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the…
Why China’s banks are hunting for fortunes stashed abroad
BEHIND the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet opulence, his wealth secured in offshore accounts and real estate. Meanwhile,
China’s property crisis hits new low with Evergrande delisting
The company, once China’s biggest developer by sales, will be removed from the Hong Kong stock exchange on August 25
Donald Trump considers allowing Nvidia to sell more advanced chips in China
President Donald Trump said yesterday that he might allow Nvidia to sell a more advanced artificial intelligence chip in China, after confirming he had “negotiated a little deal” to give the US a share of…
China’s property crisis icon Evergrande will delist following debt woes
The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another setback to mainland China’s property…
Global shares advance on relief that Trump is delaying higher China tariffs
Global shares mostly advanced Tuesday after President Donald Trump delayed raising tariffs on China for another 90 days. France’s CAC 40 gained 0.1% to 7,706.59, while Germany’s DAX shed 0.4% to 23,990.
The Recipe Behind the Trump Family’s Crypto Riches: PancakeSwap
The under-the-radar trading platform is quietly administered by Binance, the world’s largest crypto exchange, whose founder is seeking a pardon from President Trump.
Singapore warms to ‘Made in China’ label as stigma fades
Chinese brands are making major inroads in the Southeast Asian city-state as they shed their image as cheap knockoffs.
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