(Yicai) Aug. 8 — China’s exports rose more than expected in July as firms rushed to ship goods ahead of escalating US tariffs and increasingly moved production overseas to avoid rising trade barriers.
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How U.S.-China trade tensions now extend to … golf carts
Instead of rolling down the fairway after a striped drive, golf carts have swerved into the middle of America’s trade tensions with China. With Chinese-based companies importing golf carts that some …
China moves to stop big local brokers from stoking domestic interest in stablecoins
Chinese regulators have instructed major domestic brokerages to halt the publication of research and public commentary related to stablecoins as China sees a rising wave of domestic interest in stable …
China moves to rein in stablecoins, tells brokers to halt promotions – report
Chinese financial regulators have urged some large brokerages and think tanks to stop publishing research and cancel seminars focused on stablecoins, according to a Friday media report, amid concerns …
Robot dealership opens in China selling over 40 different brands of humanoid bot
Ohio removes over 600,000 people from health care plan Watch “Deadliest Catch”’s Capt. Keith Colburn rescue Capt. Jake Anderson and crew after they abandoned ship (exclusive) Prince Harry Breaks …
GM will import batteries from China for new Bolt as it works to get U.S. plant going
GM is willing to pay high tariff import taxes in exchange for more affordable batteries to go into what will be its lowest-priced EV.
China’s NEV exports in January-July see 57% growth y-o-y: CPCA
China’s new-energy vehicles (NEVs) saw robust exports in the first seven months of this year, industry data showed Friday, a sign of vibrant advancement in global sales. The cumulative NEV exports from January to July…
Two arrested for smuggling AI chips to China — Nvidia says no to kill switches
The U.S. Department of Justice (DOJ) said on Tuesday that two Chinese nationals have been arrested for their alleged involvement in illegally shipping “tens of millions of dollars” worth of high-performance AI chips to China.
Report: China Tells Automakers To Stop Lowering Prices
While Chinese-built EVs are seeing an uptick in global sales, particularly in Europe, the home market has grown concerned that oversupply has become a massive issue. China’s government has reportedly …
China tells brokers to halt endorsements of stablecoin, sources say
(Reuters) -Chinese regulators have asked big local brokers to halt publication of research endorsing stablecoins in a bid to curb a surge in interest in the digital currency among domestic investors, …
Price Wars Plague Chinese Car Manufacturers
Weakening demand for hybrid vehicles and ongoing overcapacity issues are slowing the growth of China’s new energy vehicle and overall car sales.
China urges brokers and think tanks to halt stablecoin promotion amid fraud concerns
Chinese regulators tighten china stablecoin regulation, urging brokers and think tanks to halt promotion over fraud concerns in 2024.
Yum China’s sales keep growing, but a fierce food delivery price war may be weighing on investor sentiment
Yum China’s HK-traded shares are down about 3% since Tuesday, even as the KFC and Pizza Hut operator posted 4% year-on-year revenue growth last quarter.
