The property giant fails to repay a loan and warns that it is unlikely to pay off all its international debt obligations.
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Samsung, SK Hynix get indefinite waivers to ship U.S. chip equipment to their China factories
Samsung and SK Hynix will be allowed to ship U.S. semiconductor manufacturing equipment to their China factories indefinitely without separate U.S. approvals.
China’s top crypto-mining hardware-maker reportedly furloughs staff
Bitmain’s ‘Antminers’ dominate the market – but customers aren’t buying The world’s largest source of hardware designed for the task of mining cryptocurrency, Beijing-based Bitmain, has reportedly …
McDonald’s China Has A Burger On Its Menu That Puts US Patties To Shame
International McDonald’s restaurants often offer items that give U.S. customers wanderlust, but a burger in China particularly puts U.S. patties to shame.
China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC
Chinese officials say uptake for the digital yuan is rising among overseas visitors, while more citizens are receiving their salaries in CBDC wallets.
South Korean Chip Makers Get U.S. Waivers From China Export Rules
A government official in Seoul said the decision settled a trade issue that threatened to impede the China operations of Samsung and SK Hynix.
A limited export window to China anticipated
A global grain and oilseed analyst says the U.S. soybean export window to China, the world’s top soybean importer, might narrow at a quicker pace this marketing year. Brazil remains competitive on the …
UPDATE 3-China hog futures, shares plunge on oversupply, sluggish demand
(Adds Chia Tai withdrawing IPO application in paragraphs 10-11) BEIJING, Oct 9 (Reuters) – China’s most-active hog futures closed down 4% on Monday, the biggest decline in six weeks, as excess supply …
YouTuber Imports a $4,000 Inflatable Yacht From China and it Does Not Go as Planned
In a moment of misguided enthusiasm, a TikToker with an adventurous spirit had an ambitious idea: purchasing an inflatable yacht for a mere $4,000. Imagining days filled with sun-soaked parties and …
HSBC buys Citigroup’s $3.6bn China consumer wealth business
HSBC has agreed to buy Citigroup’s consumer wealth business in China as it pushes ahead with its focus on Asian markets.Citi has offloaded the unit for an und …
Top 9 Chinese motor vehicles and parts manufacturers
Thirty-four motor vehicles and parts manufacturers were listed on the Fortune Global 500 this year, with the top 3 as Volkswagen, Toyota and Stellantis. Among the 34, nine are from China with BYD …
US lawmakers want China export bans to include open tech like RISC-V
ASIA IN BRIEF Three members of the US Congress have expressed concerns that the nation’s export controls regime are ineffective because they allow free sharing of open technology with China.… …
A limited export window to China expected again
A global grain and oilseed analyst says the U.S. soybean export window to China, the world’s top soybean importer, might narrow at a quicker pace this marketing year. Brazil remains competitive on the …
