China has become less open and more conservative over the past decade. Foreigners are leaving, a slew of global brands have retreated, the Internet has constricted, identity is more regimented. All …
Tagged By business
China releases first batch of 2023 crude oil import quotas -sources
SINGAPORE, Oct 8 (Reuters) – China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners, four sources familiar with the matter said on Saturday. The volume …
10 Interesting Versions Of Western Cars Sold In China
With that, here are ten interesting versions of Western cars exclusively sold in China. Some Western automakers have made deals with Chinese manufacturers to produce some of their models within …
China’s once-popular crypto exchange Huobi Global bought by About Capital
Huobi Global, once China’s top crypto exchange, has been retooling itself since exiting from the home market following Beijing’s crypto ban. Now the company is nearing a takeover by an investment firm …
China Now Has Drones That Can Drop Robot Dogs Armed With Assault Rifles Anywhere They Want
In a completely useless gesture, Boston Dynamics and five other major robot manufacturers pledged to not support the weaponization of their products. “We …
China’s services activity falls for first time since May – Caixin PMI
China’s services activity in September contracted for the first time in four months, as COVID-19 restrictions dented already fragile demand and dimmed business confidence, a private-sector business …
Hack drains $100M from biggest crypto exchange; US cotton belt hurting from dourght
Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A post by Binance said that the company …
Biden administration imposes limits on semiconductor exports to China
The move is aimed at curbing China’s military ambitions, but could reshape the interplay between American and foreign chipmakers …
US issues sweeping restrictions on chip sales to China
The Biden administration announced sweeping new restrictions on the sale of semiconductor chips and manufacturing equipment to China on Friday in a major effort to impair Beijing’s military and …
Volkswagen Reportedly Planning $1B Software Joint Venture In China
Volkswagen is clearly aware of where Tesla’s strengths lie, and it needs to up its software game in a big way.
Health care and lifestyle brands debut new innovative products at this year CIIE
The expo’s consumer products section will also feature many new and innovative hair products. L’Oréal will present Colorsonic, a handheld device with a customizable design for precise coloring, which …
Biden cuts off China’s Yangtze, 30 others from US chipmaking gear
So is this why YMTC’s CEO stepped down? Yangtze Memory Technologies Company (YMTC) is one of more than two dozen Chinese companies and institutions targeted in the Biden Administration’s latest round …
Biden Administration Clamps Down on China’s Access to Chip Technology
Many American companies have long argued that their sales to China are an important source of revenue that allows them to reinvest in research and development and retain a competitive edge. But doing …