In recent weeks, dozens of videos have gone viral, showing Chinese factory workers and influencers claiming that many luxury goods from Louis Vuitton handbags to Lululemon leggings are manufactured in …
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Stock Market Today: Tech Stocks Fall After U.S. Tightens Curbs on Nvidia’s China Exports
Trump’s tariffs continue to impact global markets and fuel a trade war with China. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Alibaba-backed Zhipu AI preps IPO, first among China’s top six AI unicorns
Zhipu AI, one of China’s leading foundational model startups, has kicked off preparations for an IPO, making it the first of China’s six AI unicorns to …
Nvidia takes $5.5 billion hit as US clamps down on its China chips
Nvidia says it will take a $5.5 billion financial hit after Washington placed fresh restrictions on the export of its H20 artificial intelligence chips to China, in the latest escalation of a growing battle for…
China Debates Pocketing Crypto Crime Proceeds While Keeping It Illegal
China is reviewing laws to prevent corruption in handling seized crypto assets. A national crypto ban since 2021 has forced authorities to rely on private …
Crypto Market Update: Bitcoin & Others Slip As Trump Imposes Up To 245% Tariff On China
The crypto market slumps as Trump’s 245% tariff on China sparks concern, with Bitcoin and other top altcoins falling between 3% and 7%.
China Q1 GDP growth tops expectations, but US tariff shock looms large
GDP growth beat expectations, underpinned by solid consumption and industrial output even as policymakers brace for the impact of U.S. tariffs.
Bitcoin, Crypto Slide As Nvidia Stock Plunges 7% On $5.5 Billion China Hit Ahead Of Powell Speech
Bitcoin tumbled and Nvidia shares plunged 7% in the last 24 hours ahead of Jerome Powell’s speech later today.
China hit by tariffs up to 245% tariffs on imports to the US, White House fact sheet shows
This action was taken after China directed its airlines to cease any further deliveries of Boeing jets in response to the US imposing tariffs of 145% on Chinese goods.
China Growth Rate Is Likely to Slow, With Exports Falling, Forecasters Say
China’s government says the economy should grow about 5% this year, but Western banks are increasingly skeptical because of the expected hit from President Trump’s tariffs. UBS cut its forec
China is set to import more Russian LNG in 2025, ambassador says
China is set to increase its imports of Russian liquefied natural gas (LNG) this year, its ambassador to Russia said on Tuesday.
China Grapples With What to Do With Seized Crypto Stash
China’s mounting stash of seized crypto is pushing local authorities and regulators to seek clearer rules for its disposal.
China selling seized crypto to top up coffers as economy slows: Report
Local governments in China are reportedly seeking ways to offload seized crypto while facing challenges due to the country’s ban on crypto trading and exchanges. The lack of rules around how …
