Once China reverse-engineers those products, it steals the patents, makes the products for less, and runs the American company out of business. The solution is long overdue: We need to decouple our …
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Comer demands Biden correct his ‘dishonest’ denial that family got $1M from Hunter’s China deal
joined several business partners in seeking a joint venture with a privately-owned, legitimate energy company in China.” “As part of that joint venture, Hunter received his portion of good faith seed …
China’s express delivery sector grows as consumption recovers
BEIJING – China’s express delivery industry reported encouraging business performance in February, a signal that consumer spending is gradually catching up in the world’s second-largest economy. SF Express,
Nvidia tweaks flagship H100 chip for export to China as H800
Nvidia Corp, the U.S. semiconductor designer that dominates the market for artificial intelligence chips, has modified its flagship product into a version that is legal to export to China. U.S.
Germany considering China export restrictions, economy minister tells FAZ
BERLIN, March 21 (Reuters) – Germany is considering export restrictions to China similar to those already in place in the United States, Economy Minister Robert Habeck told the Frankfurter Allegemeine …
Russia wants Chinese business to replace Western firms, Putin tells Xi
Xi said China and Russia should work more closely to push forward … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to …
U.S. seeks to prevent China from benefiting from $52 billion chips funding
The U.S. Commerce Department on Tuesday released proposed rules to prevent $52 billion in semiconductor manufacturing and research funding from being used by China and other countries deemed of …
Biden administration limits China investments by semiconductor chip subsidy recipients
The Biden administration laid out new restrictions on investments in China by companies that receive subsidies for semiconductor production in the U.S. through last year’s bipartisan CHIPS Act.
China Doubles Imports of Russian Aluminum Shunned by West
China has nearly doubled imports of Russian aluminum in the year since the invasion of Ukraine, as some western buyers shun the metal from the major commodity supplier.
Vanguard Said to Shutter Business in China, Exit Ant Venture
Vanguard Group Inc., the US asset management giant, has decided to shutter its remaining business in China after a retreat two years ago, according to people familiar with the matter, abandoning a 27 …
Laekna IPO Hopes To Hitch A Ride On Novartis Ties
Laekna has two main products, including one expected to file for approval in China and the U.S. at the end of this year The company has made its second filing for a Hong Kong IPO,…
China could be harvesting TikTok data, but much of it is already out there
For users outside China, they created TikTok in 2017 … Instead, the company paid nearly $1 billion for a business called Musical.ly, set up in 2014. Although based in Shanghai, Musical.ly had an …
RWE criticises US ban on imports from China’s Xinjiang region
Germany’s biggest utility makes rare attack on Washington’s attempt to pressure Beijing over alleged human rights abuses …
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