A Wells Fargo banker was blocked from leaving and a Japanese pharmaceutical executive was imprisoned, even as Beijing tries to court overseas investors.
Tagged By business
China’s exports of rare earth magnets to the US skyrocket in June
In total, China exported 3,188 tons of rare earth permanent magnets last month, up 157.5% from 1,238 tons in May, although the June volume was still 38.1% lower than the corresponding month in 2024. Shipments…
China is buying appliances and iPhones thanks to government subsidies
Shoppers are taking advantage of a $42 billion government trade-in program aimed at boosting spending. But some cities have started to cut back on the subsidies.
This Artificial Intelligence (AI) Stock Could Thrive Despite U.S.-China Trade Pressures
The frosty relations between the U.S. and China adversely affected Nvidia. The new export restrictions meant the company couldn’t sell its AI chips earmarked for China, resulting in a $4.5 billion write-off for this unsold…
China Exit Ban on Wells Fargo Executive Stokes Foreign Business Anxiety
The case comes around the same time a Japanese pharmaceutical executive was imprisoned, adding to growing unease even as Beijing tries to court overseas investors.
Taiwan official sounds alarm on China’s maritime aggression: ‘Prepare, but don’t provoke’
At a global forum, Taiwan’s ocean minister says China’s rising maritime aggression—blockade drills, cable threats—jeopardizes vital trade flows and demands international attention.
China Leads List of Foreign Citizens Buying US Property
The majority of foreign buyers snapping up homes in the U.S. over the past year came from China, according to a new report.
China’s June fuel oil imports climb from May; bunker exports surge
SINGAPORE/BEIJING: China’s fuel oil imports recovered in June after a slump in May, while bunker fuel oil exports also climbed from the previous month, customs data showed on Sunday.
Chinas exports of rare earth magnets to the U.S. skyrocket in June
BEIJING, July 20 (Reuters) – China’s exports of rare earth magnets to the United States in June soared by more than six times from May, a sharp recovery in the flow of critical minerals key…
China says exports reflect demand, not bid for world market dominance
China is not seeking to dominate global markets, Vice Finance Minister Liao Min said on Friday while defending the country’s trade practices during a
China’s Neta and Zeekr inflated EV sales using pre-sale insurance tactics: here’s what we know
Chinese electric vehicle manufacturers Neta and Zeekr have inflated their sales numbers by insuring vehicles before being sold to customers.
Nvidia’s chips to China: Is US trading AI dominance for rare earth access?
The Commerce Department allows Nvidia to sell H20 AI chips to China despite security concerns, and experts are divided on the U.S. technological advantage.
Exclusive-China EV brands Zeekr, Neta inflated car sales using insurance scheme
(Reuters) -Chinese electric vehicle brands Neta and Zeekr inflated sales in recent years to hit aggressive targets, with Neta doing so for more than 60,000 cars, according to documents reviewed by …
