Tesla has nearly doubled its components imports from India, an official said. There are reports of a bigger India deal in the works.
Tagged By business
China receives US equipment to make advanced chips despite new rules-report
Chinese companies are buying up U.S. chipmaking equipment to make advanced semiconductors, despite a raft of new export curbs aimed at thwarting advances in the country’s semiconductor industry, a …
Two years after buying my $2,000 electric truck from China, here’s how it looks now
The e-bikes that make up Micah’s current daily drivers are the $999 Lectric XP 2.0, the $1,095 Ride1Up Roadster V2, the $1,199 Rad Power Bikes RadMission, and the $3,299 Priority Current. But it’s a …
Did a ransomware gang mess up by attacking a U.S. arm of China’s biggest bank? – MSN
Below: A start-up details risks of crypto wallet hacks, … on a banking-sector target affecting a U.S. institution and causing some financial turmoil, it might be impossible for China and the United …
China’s youth prefers domestic brands in Double 11 sales fest
THE ‘Double 11’ shopping festival in China has been held 15 times since 2009 and has evolved from a flash sale event with a few participating brands to a window reflecting China’s overall consumption …
BofA lowers Ansys rating to ‘underperform’ amid China export restrictions
BofA lowered rating on software developer Ansys (NASDAQ:ANSS) to “underperform” from “buy” amid concerns around broader demand trends and US-China export restrictions. The brokerage, which also …
Blockchain Technology is Key to Accelerating AI Adoption, According to New Report
Based on a survey of 608 IT decision makers across the US, Europe and China, the report explores how businesses are currently working with AI and blockchain, the major adoption hurdles they continue …
Did China just kill peace in the Middle East?
Chinas sees Russia in Ukraine and Iran in Israel creating challenging obligations and headaches for the U.S., making any pivot to Asia ever more difficult.
US and China on cusp of deal to crack down on fentanyl
US officials are finalizing an agreement with China to crack down on the export of the source chemicals used to make fentanyl, according to two people familiar with the matter.
Japan’s cosmetic brands face tough operational challenges, losses in China amid declining consumer sentiment
Japanese cosmetic brands have been facing tougher challenges with their operations in China amid declining consumer sentiment after Tokyo’s dumping of nuclear-contaminated wastewater into the ocean.
China will aim to humiliate Biden. Xi’s economy is in tatters and he needs a win
President Biden and China’s Xi Jinping will meet in San Francisco on Wednesday. The U.S. should have the upper hand at this meeting but I suspect Biden will be submissive not assertive.
Why businesses are pulling millions in profits from China
Foreign businesses have been pulling money out of China at a faster rate than they have been putting it in, official data shows. The country’s slowing economy, low interest rates and a geopolitical tussle with…
Xi agrees to clean up his own mess! Biden and Chinese president will announce deal on export limits on fentanyl – after deadly opioid flooded America and left San Francisco facing homeless vagrant crisis
U.S. President Joe Biden and Chinese President Xi Jinping are set to announce an agreement for China to crack down on the manufacture and export of fentanyl.
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