They import more than $300 billion worth of foreign chips every year. The ruling Communist Party is throwing billions of dollars at trying to accelerate chip development and reduce the need for …
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Factbox-Economic reliance on China that EU wants to ‘rebalance’
European Commission President Ursula von der Leyen will travel with French President Macron to Beijing for a joint meeting with Chinese President Xi Jinping on Thursday, having said the European Union …
US chip controls threaten China’s technology ambitions
They import more than $300 billion worth of foreign chips every year. The ruling Communist Party is throwing billions of dollars at trying to accelerate chip development and reduce the need for …
Global Luxury Brands Ready For A U.S. Retail Resurgence
China has led the way in luxury sales for much of the past … To capture market share, luxury brands are expanding retail space and capitalizing on their experiential offering, reinvesting recent …
China probes Micron for cybersecurity risks, urges Japan to stay out of U.S. chip export curbs
The development came on the same day that Japan announced plans to impose export restrictions on 23 types of equipment. Without mentioning China by name, the measures regardless are most likely to hit …
Malaysia and China developing e-system to support mutual recognition of digital certs of origin under RCEP framework
KUALA LUMPUR (April 4): Malaysia and China are developing a blockchain system to support mutual recognition of digital certificates of origin under the Regional Comprehensive Economic Partnership …
China is slowly squeezing global carmakers out of its massive market
Toyota’s sales in China have held up reasonably well, but its Japanese peers Nissan and Honda have seen big drops in the last few years. Premium brands have generally fared better than mass market …
Bye-Bye Dollar: China’s Yuan Emerges As Most Traded Currency in Putin’s Russia
He added that “commodity imports from Russia to China are up by 29%, although exports from China are stagnating.” Russia has strengthened its ties with China since the Ukraine invasion last year which …
Tesla’s March sales of China-made EVs increased 35% Y/Y – CPCA
According to CPAC data, Chinese automaker BYD (OTCPK:BYDDF) led all brands in March electric vehicle sales in China with 206,089 electric vehicles, up 97.5% Y/Y. On Sunday, Tesla (TSLA) reported …
US-China tech war: without advanced chips, can China’s smartphone industry survive?
Chinese smartphone firms are facing an ‘innovation or die’ situation, as multinationals look to diversify and the United States ratchets up export controls on advanced semiconductor chips, industry …
Quality of EU-China relations to be determined by Beijing’s support for Russia, Borrell says
China’s support to Russia over its war in Ukraine “will determine … to dispel any criticism over the hefty contracts the important delegation of business leaders accompanying Macron is expected to …
Tesla delivers 88,869 China-made EVs in March – CPCA
Tesla sold 88,869 units of China-made electric vehicles (EV) in March for both domestic sales and exports, up 35.0% from a year ago, data published by the China Passenger Car Association (CPCA) showed …
China will help Airbus strengthen its presence in the country – state planner
Worldcategory Analysis: China’s intensifying nuclear-armed submarine patrols … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news …
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