(Reuters) -Companies around the world on Friday began to wrestle with the impact of wide-ranging U.S. curbs on selling chips and chip manufacturing equipment to China. South Korean memory chip maker …
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What is ‘FDPR’ and why is the US using it to cripple China’s tech sector?
The FDPR, or foreign direct product rule, allows the U.S. to decide who can buy products made with American technology even if those products are made abroad.
U.S. restricts semiconductor exports in bid to slow China’s military advance
The U.S. imposed new export restrictions on advanced semiconductors and chip-manufacturing equipment Friday in an effort to prevent American technology …
China’s Leader Is on a Grandiose Mission to Revitalize Socialism
The Western business community has overlooked this aspect of Xi’s vision in its puzzlement over his policies, including his crackdown on Big Tech entities and the brake he has put on China’s real …
Betting on flexibility, China’s Nio will only rent cars in new EU markets
“The advantage of our business separating the car from the battery is that we may reach economies of scale for the batteries faster than the cars,” Li said. “When we reach 10 gigawatt hours, we…
Explainer-What is ‘FDPR’ and why is the US using it to cripple China’s tech sector?
Now, the United States is going after China’s advanced computing and supercomputer industry … That move was a blow to Huawei’s smart phone business, and U.S. regulators used it on Russia and Belarus …
Cross-Border E-commerce Trader Zibuyu Files for IPO Despite Sinking Profits
One of the largest cross-border e-commerce companies in China, Zibuyu is also trying to make it big in Hong Kong by listing its shares in the city, but has found the going rough so far.…
Hackers steal $570 million in Binance BNB crypto tokens
Hackers stole 2 million Binance BNB cryptocurrency tokens — worth roughly $570 million — according to a Friday statement from the BNB Chain.
China Policy “Straitjacket” May End After Party Congress, Economist Says
Interested observers and businesses should look carefully at leadership choices that come out of the congress, after what he described as a “straitjacket” on both economic and political moves of the …
Column: China’s reliance on gas imports threatens security: Kemp
Chartbook: China gas production, consumption and imports Gas accounted for more than 8% of China’s primary energy consumption in 2020 up from 4% in 2010 and just 2% in 2000. China had become the world…
How China Would Respond To Lower Exports
By transferring money from low-consuming sectors of the economy to ordinary households, China could cause consumption to surge because of a surge in household income. China’s large structural trade …
Zetrix and MIMOS to Jointly Create the National Public Blockchain Infrastructure for Malaysia
Zetrix also acts as the international supernode to Xinghuo BIF, the national blockchain infrastructure of China, to facilitate trade between China and international parties through blockchain.
Samsung and SK Hynix could be spared harshest chip export restrictions in US-China tech war
The Commerce Department, which plans to release new curbs on exports of technology to China this week, will likely deny requests by US suppliers to send equipment to Chinese firms like Yangtze Memory …
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