Xiao-I, which raised US$39 million from its IPO in March, wants international sales to account for half of its revenue, founder and CEO Yuan Hui says The Shanghai-based firm aims to sharpen its focus …
Tagged By business
Dimon to confront new China business landscape
BEIJING: When Jamie Dimon takes centrestage at JPMorgan Chase and Co’s China summit today, he’ll be confronting a business landscape that looks vastly different from his visit four years ago. Back in 2019, the last…
US closely scrutinizing export requests to China -Commerce Dept
The U.S Commerce Department is closely scrutinizing requests to send items to China and last year denied or took no action on 26%, a senior official said in written Senate testimony released on Tuesday.
Valentino Names China’s Yang Yang as Latest Brand Ambassador
With more than 56 million followers on Weibo, Yang’s repost of the announcement logged more than 1 million shares, 300,000 likes, and 72,000 comments in less than a day.
A China Reset?
China views U.S. export controls as a deliberate scheme to maintain U.S. “technological hegemony.” The Xi-Biden summit in Bali last November was quickly overtaken by the spy balloon fiasco, which led to a cancellation of…
UAE to cooperate with Hong Kong on fintech, crypto as China ties grow
China’s relations with the UAE and other Gulf states are strengthening, particularly regarding economic and energy matters.
Corporations still have to perform China’s dance–but not if the music stops
Of the companies in the S&P 500 that break down sales by geography, here are the one that are most dependent on China for their revenues.
China spurns US defense officials at Singapore summit
Beijing has snubbed Defense Secretary Lloyd Austin’s request to meet with his Chinese counterpart during a Pacific security summit in Singapore this weekend, according to the Pentagon.
Meetings highlight unstable U.S.-China relationship
The U.S.-China relationship has fallen to a new low point, and U.S. attempts this year to bring China back to the table have largely been rebuffed.
Crypto Here To Stay, Must Be Regulated: Hong Kong Treasury Chief
Hong Kong treasury chief Christopher Hui speaks during an interview with AFP in Hong Kong AFP. Hong Kong has decided to let retail investors trade cryptocurrency under its new reg …
Uncle Sam vows to Micron-manage China’s memory chip ban
Commerce Secretary says US ‘won’t tolerate’ Beijing’s ‘economic coercion’ US Commerce Secretary Gina Raimondo said that the Biden administration “won’t tolerate” an effective ban on sales of Micron memory chips in China,
China manufacturing up on May production, orders
Surveys indicate that China’s manufacturing sector picked up pace in May, or at least stabilised production, compared to April, according to Bloomberg.Data suggesting the manufacturing sector in China …
China’s defense chief turns down meeting with Austin during forum in Singapore
China’s defense chief has turned down a face-to-face meeting with Defense Secretary Lloyd Austin when they attend the annual Shangri-La Dialogue security forum in Singapore next weekend.
