The Commerce Department added 36 entities to a U.S. export blacklist, including one of China’s largest chipmakers.
Tagged By business
Biden to blacklist China’s YMTC, crackdown on AI chip sector
The Biden administration on Thursday plans to add Chinese memory chipmaker YMTC and 21 “major” Chinese players in the artificial intelligence chip industry to a trade blacklist, broadening its …
Chart of the Day: Chinese Bourses Top IPO League Tables
The Shanghai and Shenzhen stock exchanges are set to rank first and second among global bourses by IPO fundraising in 2022, with Hong Kong close behind, after a year of extreme volatility and risk-off …
China’s BYD to launch a second new EV brand in 2023 -executive
China’s BYD Co will launch a new “professional and personal” electric car brand in 2023, a senior executive said on Thursday as the automaker expands its range following a year of strong sales.
Chinese biotech start-up 3D Medicines bucks trend with strong Hong Kong IPO thanks to cancer-drug pipeline
The company bucked a trend in its Hong Kong trading debut on Thursday, becoming one of the few biotechnology listings in recent years to post a first-day gain on the market.
China’s factories to the world brace for tsunami of Covid cases
From locking in workers to hoarding medicines, beds and disinfectant, China’s factories are going to great lengths to keep the machines running — and the global supply chain intact — as an onslaught …
German Business Confidence in China Fell to Historic Low in 2022
German business confidence in China fell to historic lows this year as Covid Zero disrupted operations, though the sudden end to the policy is now leaving room for cautious optimism, according to the …
Crypto Lender Amber Scraps Bonuses, Cuts Jobs as FTX Collapse Turmoil Continues
Amber Group, one of Asia’s biggest trading and lending platforms for digital currencies, has canceled this year’s staff bonuses as the one-time industry darling grapples with the crypto downturn.
French expert shows deep faith in China
Turpin, the European president and professor of marketing at China Europe International Business School, speaks at a talent forum held last week. CHINA DA …
China Meheco Group shares jump after agreement to import Pfizer’s COVID treatment paxlovid
Shares of China Meheco Group surged after the Chinese drug seller signed an agreement with Pfizer Inc to import and distribute the U.S. drugmaker’s oral COVID-19 treatment Paxlovid in mainland China.
China’s economy faces ‘greater challenges’ in 2023 as risk of global recession, debt crises grows
Swift support will help China counter external economic challenges, ranging from debt shocks in the developing world to spillover form US monetary policy, Chinese economists say.
Is China’s Free Market Experiment Really Over?
China intends to stay in the exclusive club of globally integrated economies, but what will happen when it tries to remake the rules?
Nation’s sole manufacturer of Amoxicillin brand products warns US at ‘substantial risk’
FOX Business Lydia Hu reports on the United States antibiotic shortage that is inhibiting Americans’ ability to get the pharmaceutical goods they need.
