China has slapped export controls on graphite, a key metal used to make steel and electric car batteries, ratcheting up a trade fight with the United States over the technologies needed to wean the …
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China’s Sept soybean imports from Brazil rise 23% from a year ago
BEIJING, Oct 20 (Reuters) – China’s soybean imports from Brazil rose in September by 23% from a year earlier, data showed on Friday, after a huge crop produced by the South American nation this year…
Metro Brands to copy Fila’s success model in China to rebuild the brand
The company said that this was an important step in building the brand image as it believed the existing inventory did not serve the taste of the brand image. Footwear retailer, Metro Brands said that…
Bitmain’s revenge, Hong Kong’s crypto rollercoaster: Asia Express
Retribution is swift as Bitmain fires employees for speaking out against salary cuts. Meanwhile, the crypto landscape in Hong Kong is worsening.
China’s birth rate crisis is so intense that Nestlé is closing a baby formula plant due to dwindling demand
Nestlé’s operations in Askeaton, Ireland, will be moved to China and Switzerland, as falling births in China dent baby formula demand.
ASML CEO: one more tool hit by US export rules, China demand seen strong
The chief executive of Dutch semiconductor equipment maker ASML Holding NV said on Wednesday one more of its products falls under new export restrictions rules announced by the U.S. this week. At a press conference…
Necessary China chip restrictions won’t overly hurt US firms
The Biden administration has announced new regulations on trade in the most advanced semiconductor technologies.
New US export limits on AI chips won’t affect PLA immediately, analysts say
Washington’s new export rules, intended to prevent the Chinese military from acquiring advanced AI chips for weapons development, would not have an immediate impact, but they might impede the PLA’s modernisation drive,
Future of Finance: Coinbase’s Shirzad on public policy, crypto companies shaking off the FTX stigma, and empowering the unbanked
The Stand with Crypto Alliance just launched … U.K., and maybe, most importantly, China—to adopt digital asset innovation into their financial system and into their national technology strategies.
China’s Belt and Road Initiative: A Shift Towards Smaller, Greener, Digital Projects
China’s ambitious infrastructure project, has been met with growing challenges. Despite this, a facet of the initiative has emerged as a notable success – its unexpected pivot towards smaller, greener …
Nestlé plans to close an infant formula factory due to China’s plunging birth rate
Food giant Nestlé said it plans to shut down an infant formula factory, citing China’s falling birth rate, according to a company statement.
China’s teapot refiners battle rising costs of imports from Russia, Venezuela
Rising costs of crude oil are squeezing profits at China’s independent refineries amid stiff competition for limited Russian supply, while the price of Venezuelan crude gains ground after the U.S. freed up sanctions on its…
China to restrict exports of key EV battery material graphite
China is stepping up its efforts to maintain its manufacturing dominance, with the government releasing new rules to restrict exports of graphite, a key material used in electric-vehicle batteries. Beijing will require special export permits for…