Tesla and Chinese carmakers showed off their newest electric models at the Munich auto fair on Monday, throwing down the gauntlet to their European rivals as competition in the sector intensifies.The …
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Europe stocks hit three-week high; miners gain on China stimulus; German exports dip
European markets are set to start the new trading week on a positive note, buoyed also by trade in Asia-Pacific markets overnight. European stock markets had closed mixed on Friday after a key U.S.
China’s gaming restrictions are an ‘ineffective policy’ that hasn’t cut playtime
The boffins have the data, and it suggests the CCP’s policy hasn’t changed behaviour.
Tesla, Chinese EV Brands Jostle for Limelight at German Fair
In all, 41% of exhibitors at the industry fair have their headquarters in China, including brands such as BYD, Leapmotor and Geely. Contrary to the Asian onslaught, participation from European …
Will China’s Economic Slump Be Contagious?
To understand the state of play in China and how it might affect the rest of the world, I spoke with economist Brad Setser, a Senior Fellow at the Council on Foreign Relations and former…
EVs Elbow Out Internet Titans as China’s Business Darling
Investors and talent pile into China’s EV and battery industries that are increasingly engines of the country’s growth.
Japan announces emergency relief measures for seafood exporters hit by China’s ban
Japanese Prime Minister Fumio Kishida has announced a $141 million emergency fund to help exporters hit by a ban on Japanese seafood imposed by China in response to the release of treated radioactive …
Japan said to allocate more funds for fisheries industry amid China export ban
NHK has learned that Japan’s government may set aside another 20 billion yen, or roughly 140 million dollars, to support the fisheries industry, which has been hit hard by China’s suspension of …
China Unveils New Crypto Game ‘MetaCene’ to Revive Crypto Gaming Scene
MetaCene, the next-generation blockchain MMORPG, is a highly-anticipated game that has been built in China for nearly 2 years and $5 million – and it may soon come out.
Japan to allocate $140 million more to help fisheries after China’s import ban
Japanese Prime Minister Fumio Kishida said on Monday the government would allocate an additional 20.7 billion yen ($141.41 million) to support the fisheries industry after China’s total import ban of …
China’s economic woes may leave U.S. and others all but unscathed
China’s imports of manufactured items for its own use, rather than to make products for customers in other countries, amount to just 3.5 percent of gross domestic product, according to Setser. And …
Miners boost FTSE 100 on China stimulus optimism
UK’s FTSE 100 advanced on Monday as mining stocks rose after China rolled out new measures to prop up its stuttering economy, while shares of the London Stock Exchange Group (LSEG) climbed on reported …
Arm IPO aims to raise US$5 billion to US$7 billion, down from its previous goal, as investors weigh China risks
The SoftBank Group-owned chip firm aims to raise US$5 billion to US$7 billion, and its valuation could end up in the range of US$50 billion to US$60 billion.