In 2024, more than 1.56 million electric cars were sold in the U.S., indicating a shift and increasing consumer preference towards cleaner vehicles. The numbers for 2025 also look promising, given …
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AMD Forecast Shows Lingering Impact of China Export Restrictions
Advanced Micro Devices Inc., the second-largest maker of AI accelerator chips, gave a stronger-than-expected sales forecast for the current period but warned that its access to the crucial China …
Chinese nationals charged with illegal exports of Nvidia chips
The two, together with an unidentified third national, set up a company to ship high-end Nvidia GPUs to China shortly after the Biden administration curbed such exports in 2022.
Cadillac And Buick Rank Above Average In J.D. Power 2025 China Tech Experience Index Study
In the recently published 2025 J.D. Power China Tech Experience Index (TXI) Study, GM brands Buick and Cadillac earned above-average scores.
AMD’s stock falls despite strong earnings outlook. Is China the reason?
The chipmaker sets September-quarter guidance above Wall Street’s expectations but doesn’t factor in a restart of China sales …
EVs Are So Cheap In China Now Even Xi’s Worried
China’s government is done with watching the country’s car industry going at war with itself. Officials are concerned that the ongoing EV price war threatens the nation’s economic growth and is …
Everything You Wanted to Know About China’s Auto Industry Takeover
Does Tesla have a future? Where are the cheap US electric vehicles? How rapidly are Chinese EVs taking over the globe? Here’s what we know.
High tariffs drive China imports down to a 16-year low. But U.S. trade deficits are still as big as ever.
High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade …
Trade deficit narrows as imports fall in June
The Commerce Department reported Tuesday that the U.S. trade deficit with China fell to $9.5 billion in June, marking its narrowest in 20 years. The trade deficit with China has declined for five …
Pakistan, China partner on donkey meat exports
Pakistan is collaborating with China to begin exports of donkey meat and hides, opening a new and unexpected chapter in agricultural trade. The Ministry of National Food Security and Research (MNFSR) …
Bank of China Hong Kong tests 1,500 e-HKD transactions as CBDC project advances
BOCHK completed 1,500 e-HKD test transactions as Hong Kong’s stablecoin rules took effect on August 1, boosting digital currency adoption.
Xi Jinping hits Trump where it hurts – US struggles to build weapons as China blocks rare earth exports
China’s restrictions on rare earth metal exports are creating a crisis for the US defense industry, impacting production of critical military equipment. American defense firms are facing shortages and …
Sunwoda Taps Hong Kong IPO for Funding to Survive China’s Brutal EV Battery Price War
One such player hoping to survive the shakeout is Sunwoda Electronic Co. Ltd., which aims to tap global investors for cash with a planned IPO. Last week the company filed a preliminary prospectus for …