Baidu ordered US$61 million worth of Huawei’s 910B Ascend AI chips, which are marketed as an alternative to Nvidia’s A100 chip, according to people familiar with the matter.
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China’s new business registration continues to rise in Jan-Sept
Some 24.81 million new business entities were established during the January-September period, up 12.7 percent year-on-year, according to data released by the State Administration for Market …
China’s Exports Tumble Again in Fresh Sign of Economic Trouble
S INGAPORE—China’s exports fell for the sixth straight month, adding to pressure on Beijing to boost spending at home as a big rise in global interest rates and wars in Ukraine and the Middle East…
China’s lower-tier cities a market too promising to miss
It struck me that China’s lower-tier cities are developing very fast, with growing spending levels and demands from local young people. This attests to Chinese people’s increasing affluence as the …
Authorities Simpose new export rules on earth metals, oxide products
China has instructed exporters to provide transaction reports for strategically vital rare earth metals and oxide products, according to an online notice posted on the website of the Ministry of Commerce on Tuesday.
China to strengthen regulations governing rare earths export: Commerce Ministry
The Chinese Commerce Ministry on Tuesday announced revisions to a list of bulk commodities whose import and export needs to be reported for statistics purpose and has included rare earths for the first time to…
Malaysia targets over RM14bil palm oil export to China this year, says Fadillah
KUCHING: Malaysia aims to increase its export value of palm oil to China above RM14bil this year, says Datuk Seri Fadillah Yusof.
China’s import surprise offers hope as recovery risks linger
China’s imports expanded year-on-year for the first time since February, a rare sign of growth against a backdrop of weaker overall trade activity in 2023.
Commentary: China is exploiting our minerals weakness — John Adams
Now, China has zeroed in on it. As the U.S. outsourced its supply chains – and much of our industrial base – over the past few decades, our alarming dependence on overseas mineral production has…
(CIIE) Interview: China’s import expo a signal of its commitment to further open up market, says Rio Tinto executive
SYDNEY, Nov. 7 (Xinhua) — The ongoing sixth China International Import Expo (CIIE) “sends a strong signal on China’s commitment to further open up its market,” said Alf Barrios, Rio Tinto’s chief commercial officer and…
China Oct soybean imports surge 25% y/y on strong Brazilian arrivals
Around 26 million tons will be imported during the last three months of the year, with around 45% from Brazil, the traders added. Soy imports in the first 10 months of the year rose 14.6%…
China-founded e-commerce start-up Shein said to aim for US$90 billion valuation in US IPO
The e-commerce company was the world’s third-most-valuable start-up in 2022, but its valuation has since dropped along with other start-ups and tech firms.
China’s imports unexpectedly grow as demand makes cautious comeback
China’s imports unexpectedly grew in October while exports contracted at a quicker pace, in a mixed set of indicators that showed the world’s second-largest economy facing persistent risks despite a …
