China has restored import levies on coal from the beginning of the year, a move that could threaten Russian exporters dependent on the world’s largest market for the fuel. The tariffs were removed in …
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China factory activity growth accelerates in Dec – Caixin PMI
China’s factory activity expanded at a quicker pace in December due to stronger gains in output and new orders, but business confidence for 2024 remained subdued, a private-sector survey showed on …
Blockchain Platform IOST Reports Mainnet Surpassing 300 Million Block Height and 800K Accounts
The IOST development team has been dedicated “to continuous innovation and optimization through a series of version updates.” …
Netherlands blocks ASML exports to China in partial license revocation
(Reuters) -Chip machine manufacturer ASML on Monday said the Dutch government had partially revoked an export license for the shipment of some chip-making equipment to China, following U.S. export …
China’s Changxin Memory delays IPO, eyeing valuation of $19.5bn
BEIJING: Chinese chip maker Changxin Memory Technologies Inc (CXMT) is delaying its initial public offering (IPO) …
Baidu Terminates $3.6B Deal to Buy JOYY’s China Live-Streaming Business
Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China saying certain conditions were yet to be fully satisfied.
China could see restored economic confidence in 2024 if Beijing makes the right moves on reform
The confusion and fear, along with the proliferating attitude of ‘lying flat’ among certain Chinese social groups, is a product of damaged confidence The word ‘reform’ should be read as …
China Auto Giant BYD Sells More Electric Vehicles Than Ever
Sales by BYD, the country’s dominant automaker, topped 3 million last year, including 1.6 million fully battery-powered cars in a sign of China’s rapid growth in EVs.
Crypto services firm linked to Huobi sees losses expand 40% with FTX funds still out of reach
Hong Kong-based Sinohope, formerly Huobi Technology, saw losses expand 40 per cent in the first nine months of 2023, blaming plummeting digital asset prices.
Xi Jinping rings in 2024 with rare admission that China’s economy is in trouble
China’s businesses are struggling and job seekers have trouble finding work, President Xi Jinping acknowledged during his Sunday New Year’s Eve speech.
China’s manufacturing contraction worsens in December as demand weakens
A survey of factory managers in China shows manufacturing contracted in December in the latest sign the world’s second-largest economy remains sluggish.
US Overtakes China as South Korea’s Top Export Market
South Korean exports to the US exceeded shipments to China for the first time in two decades last month, in a sign of shifting ties amid global tensions over economic security and tech supply …
U.S. overtakes China as top destination for Korea’s exports in Dec.
Korea’s exports to the US surpassed those to China in 2023. Total exports fell 7.4 percent due to chip performance and global economic uncertainties, while solid automobile exports and semiconductor …