China defended its export control measures on critical mineral supplies and urged the Group of Seven nations to respect market economy principles and international trading rules rather favouring …
Tagged By business
Before SpaceX IPO, Investors in China Secretly Acquired Stakes
One previously unreported SpaceX investor has ties to Chinese military contractors. The information was revealed only after ProPublica went to court to obtain it.
China’s NDRC rebuts subsidy claims by international institution, opposes weaponization of trade issues
Attributing China’s industrial competitiveness simply to “subsidies” is not only one-sided but completely wrong, as China’s industrial competitiveness is the result of multiple factors working …
China to return as a major oil buyer in August, JPMorgan says, naming its top stock picks
The pullback in oil imports by the world’s largest oil importer has helped absorb the global energy shock and cap the surge in oil prices since the war began.
Group of Seven pledges to diversify trade away from China with rare earth import caps
G7 leaders pledge to cap single-country rare earth imports below 60% by 2030, targeting China’s 70% production dominance with a new critical minerals …
China Resources New Energy to raise up to $3.6 billion in Shenzhen’s biggest IPO
By Yantoultra Ngui SINGAPORE, June 18 (Reuters) – China Resources New Energy has set the price for its Shenzhen initial public offering at 10.11 yuan per share to raise as much as 24.5 billion yuan…
Microsoft makes big AI inroads in China by selling OpenAI models
Microsoft Corp. has built a big business selling AI models to Chinese companies despite the growing rivalry between the US and China over artificial intelligence.
Ant Group-backed DSC targets $901 million valuation in US IPO
June 17 (Reuters) – China’s DSC Holdings, which provides operating systems for used car dealers in China, is targeting a valuation of up to $901 million in its U.S. initial public offering, the auto …
China signs 26 financial institutions to cross-border digital yuan network
China signed 26 financial institutions including Standard Chartered to its CBETS cross-border digital yuan network, creating 24/7 payment links across …
China pays closer attention to stablecoins as cross-border role expands
A PBOC official said China is closely monitoring stablecoins’ impact on cross-border payments and the international monetary system.
Despite U.S.-China Truce, American Companies See Little Improvement in China
A U.S.-China Business Council survey found most American companies see little improvement in China’s business climate, while growing competition from Chinese rivals threatens future profitability.
China to Support IPOs by ‘Future Industry’ Startups, Large Model Companies
China took fresh steps on Wednesday to fund tech innovation amid an intensifying rivalry with the U.S., saying it would support listings of startups in “future industries” like quantum technology, …
China backs IPOs for AI startups and large model companies as part of tech self-reliance push
China backs IPOs for AI startups and large model companies under its 15th Five-Year Plan, with firms like Zhipu AI and Unitree Robotics already pursuing …
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