The China units are tiny in the context of global banks’ overall operations. JPMorgan’s China Securities unit made a $38mn profit, compared with the bank’s overall $38bn profit last year. Goldman’s …
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China slaps restrictions on US company over ‘national security’ risks as chip war escalates
The U.S., Europe and Japan have taken steps over the last year to restrict the export of sophisticated chips used in manufacturing processes for cars, smartphones and computers to China due to …
FirstFT Asia: China bans US chipmaker Micron
China has said that US chipmaker MicronTechnology’s products posed “serious network security risks’‘ and banned operators from buying them. The decision comes amid escalating tensions between the …
China tells tech manufacturers to stop using U.S. Micron chips
BEIJING >> Stepping up a feud with Washington over technology and security, China’s government on Sunday told users of computer equipment deemed sensitive to stop buying products from the biggest U.S.
China Trade Delivers Beijing Bad News
April data on Chinese imports of goods and services was some 7.9 percent below year ago levels, while export growth has decelerated sharply.
China Bars Sales of Micron Chips in Escalation of US Clash
China issued its latest salvo in an escalating semiconductor war with the US, announcing that Micron Technology Inc. products have failed to pass a cybersecurity review in the country.
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
China has stepped up a feud with Washington over security by telling users of computer equipment deemed sensitive to stop buying products from the biggest U.S. memory chipmaker, Micron Technology Inc.
China says U.S. chipmaker Micron’s products pose ‘significant security risks’ in escalating semiconductor battle
China said it found “relatively serious” cybersecurity risks in Micron Technology Inc. products that were sold in the country, and warned operators of key Chinese information infrastructure against …
China’s EV market is exploding — here are 5 major Chinese car brands you should know
China-made EVs are now getting exported to Europe and beyond. They also are poised to enter the U.S. market. China’s push for clean energy technology has given it an edge in this space. BYD, Nio,…
PLI Scheme Paying Off! India’s Imports From China Shrinking | Here’s The Sector Most Benefited
India witnessed a decline in its import of electronics products (HS85) from China. The import value decreased from $30.3 billion in FY22 to $27.6 billion in FY23, reflecting a significant slide. For …
‘China’s Hawaii’ lures top global brands with tax-free promise
Major overseas brands are establishing sales, logistics and processing strongholds in the resort island province of Hainan in southern China. China wants to transform the island into a free port by …
EXCLUSIVE-Fidelidade plans IPO of private hospital unit Luz Saude –sources
Fidelidade, majority-owned by China’s Fosun International , is set to name investment banks to arrange an initial public offering (IPO) after recently inviting pitches, three of the people, who spoke …
China’s Russian oil imports rise in April but Saudi is top supplier
China’s crude oil imports from Russia rose 8.6 per cent in April from a year earlier, as larger private refiners also embarked on purchases of the discounted fuel. Arrivals from Russia – including …
