Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely, without separate U.S. approvals, Yonhap news agency quoted South Korea’s …
Tagged By brands
Europe or bust? A wary EU braces for a wave of made-in-China electric cars
The home market flooded, manufacturers in China are ready to roll out their extensive offerings in the continent – the ‘last open market’.
US Senate Majority Leader Schumer criticizes China for not supporting Israel after Hamas attack
U.S. Senate Majority Leader Schumer has told Chinese Foreign Minister Wang Yi that he was very disappointed by China’s statement on the recent Hamas attack because it didn’t show any sympathy or suppo …
China Box Office: ‘Under the Light’ Keeps Weekend Chart Lead as Holiday Business Slumps
Zhang Yimou’s ‘Under the Light’ held on to the box office lead in China, but holiday box office missed projections by a wide margin.
HSBC to acquire Citi’s retail wealth management business in China
HONG KONG — HSBC on Monday announced it is acquiring competitor Citi Group’s retail wealth management business in China, as the U.S. bank continues to wind down the Asian consumer franchise business that it started…
Ex-chairman of China Everbright Group Li expelled from Communist party and post
Former party chief and chairman of China Everbright Group Li Xiaopeng was expelled from the Communist Party and his post for severe violations of discipline and law including bribery, Chinese state broadcaster CCTV reported on…
Humor in the Headlines Over China in Latin America
In a break from its hysterical coverage of the existential threat posed by Donald Trump, the Washington Post – house organ of the Democratic National Committee – cautions us of the other menace, China.
China is willing to import more quality agricultural products from Nepal: Ambassador Chen
Chinese Ambassador to Nepal, Chen Song, has said that a series of fruitful results has been achieved since Nepal and China inked a Memorandum of Understanding on Belt and Road Initiative (BRI) in 2017 …
How real-world application of blockchain can overhaul govt, enterprise, startups
With a surge in cyber threats and data privacy regulations, blockchain acts as a transparent solution for challenging use cases that are traditionally hard to safeguard with conventional …
Citigroup to sell China consumer wealth business to HSBC
Citigroup Inc said on Monday that it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc. The deal …
Citigroup to sell China’s consumer wealth business worth $3.6 bn to HSBC
The deal covers total deposits and investment AUMs of about $3.6 billion, and is expected to close in the first half of 2024. Financial details of the transaction were not disclosed …
China Is Becoming a No-Go Zone for Executives
Beijing’s tough treatment of foreign companies this year, and its use of exit bans targeting bankers and executives, has intensified concerns about business travel to mainland China. Some companies …
Bottled opportuni-tea: China’s traditional tea sector must overcome stiff competition and price barriers to expand exports
Traditional China tea brands believe that bottled, ready-to-drink product formats are the industry’s gateway into international markets and appealing to younger consumers – but faces major hurdles in …