In a statement, Jabil (ticker: JBL) said the sale of its mobility business would be the largest in the history of the contract electronics manufacturer. “If completed, the proceeds from this …
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US and China agree to export controls information exchange
The United States and China agreed to launch an export control enforcement information exchange and a new working group on commercial issues, the U.S. Commerce Department said on Monday, giving …
US, China agree to discuss export controls
Beijing broke off dialogues with Washington on military, climate and other issues in August 2022 in retaliation for a visit to Taiwan by then-Speaker Nancy Pelosi of the House of Representatives …
Biden Official Says Trade Can Stabilize US-China Relationship
One of the key architects of US measures to deny China advanced technology came to Beijing with an optimistic message: Trade can serve as the foundation for better ties between the world’s biggest …
How will China’s regulation of the metaverse impact the crypto market?
China’s recent proposal to launch a digital identity system for users of online virtual worlds could restrict one of the world’s largest markets from adopting Web 3 and crypto in a permissionless way.
U.S. and China Agree to Broaden Talks in Bid to Ease Tensions
Ms. Raimondo said on Monday night that she had an “open” and “pragmatic” discussion with Mr. Wang, and that she had raised the American business community’s concerns about China’s recent actions against Intel and Micron…
US-China Stability Is ‘Profoundly Important,’ Raimondo Says
US Commerce Secretary Gina Raimondo stressed the importance of strong economic ties between the world’s biggest economies on a visit to Beijing, saying if done right, it could help stabilize political …
BYD unit buys US firm Jabil’s mobile parts business in China for $2.2 billion
Chinese automaker BYD said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc to buy its mobile electronics manufacturing business in China for 15.8 billion yuan …
Terry Gou Says Apple, Tesla Links Mean China Can’t Pressure His Business
Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include much of Apple Inc.’s supply chain — in comments that came as he said he’d …
Chinese stocks jump after Beijing cuts levy for first time since 2008
The stamp duty cut and IPO slowdown mark the latest attempt by Beijing to reinvigorate Chinese markets, which have completely reversed net foreign inflows spurred in late July by vows of greater …
Top Chinese Brands Abroad
China has a large car market with 170 different brands, but only a few have potential abroad. The top five Chinese brands with high potential are MG, BYD, Geely/Zeekr, NIO, and Baojun/Wuling via …
BYD unit buys US firm Jabil’s China mobility business for $2.2 billion
Chinese automaker BYD said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc to buy its mobility business in China for 15.8 billion yuan ($2.2 billion). The deal …
Jabil to sell China manufacturing business in $2.2B deal
Jabil (JBL) said Chinese electric vehicle maker BYD Electronic (BYDIF) (BYDIY) agreed to acquire its mobility business in China for ~$2.2B.
