Jameel Motors has signed a deal to distribute automaker Chery’s (CHERY.UL) Omoda and Jaecoo brands in Iraq, the two companies said on Monday, joining other Chinese companies that have entered the …
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Saudi crude oil supply to China set to fall in September, sources say
Saudi Arabia’s crude oil exports to China are set to fall in September, slipping from a more than two-year high in August after the world’s largest exporter raised prices, three trade sources said on …
Nvidia, AMD to pay 15% of China chip sales to US government, reports say
Under the agreement reached with US President Donald Trump’s administration, Nvidia will share 15 percent of revenues from sales of its H20 AI chip, while AMD will pay the same percentage of MI308 chip revenues,…
Trump calls on China to quadruple US soybean imports
The US president’s comments address one of the key pressure points for Washington in its trade war with Beijing.
‘Rapid service’: Donald Trump presses China to increase soybean imports to ease deficit; tariff deadline expiry looms
Donald Trump urged China to significantly increase its soybean orders to alleviate its shortage and reduce the trade deficit with the U.S., as the tar …
Nvidia and AMD strike major revenue-sharing deal with US government over China chip sales
Revenue-sharing deal between Nvidia, AMD and U.S. government covers AI chip sales to China, a key market worth billions for both companies.
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.
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.
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…
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 …
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 …
China outpaces India amid emerging market turmoil; valuation gap hits record $6.3 trillion
According to data from Bloomberg, the MSCI India Index has lagged its Chinese counterpart by nearly 10 percentage points this quarter, marking India’s worst relative annual performance since 2017.
