The Biden administration has announced it is raising tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses
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US hits China with new tariffs on solar wafers, polysilicon and tungsten products
In 2023, China produced 80 per cent of the world’s tungsten. None is produced in the US, which is encouraging new investment, like reopening a mine in South Korea in 2024.
Chinese fashion, beauty brands expand globally
Chinese beauty brands are also shining bright on the global market. Florasis, a cosmetic brand known for its traditional Chinese aesthetics and savvy social media marketing, has expanded to over 110 …
Trump invites China’s Xi Jinping to attend inauguration, CBS News reports
U.S. President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration next month, CBS News reported on Wednesday, citing multiple sources. The invitation to the Jan. 20 …
HK’s IPO market to keep top 5 ranking in 2025
As of Dec 8, the Hong Kong stock exchange ranked 4th in the 2024 global IPO rankings, with total funds raised reaching HK$82.9 billion ($10.66 billion) from 63 completed IPOs, according to the latest …
Chip war: China’s semiconductor imports expand ahead of tightened US restrictions
China’s semiconductor imports continued to expand this year, as mainland enterprises rushed to stockpile integrated circuits (ICs) from US suppliers ahead of the roll-out of fresh trade sanctions by …
Huawei Heiress Annabel Yao Lands Contract With C-beauty Brand Pechoin
She is the younger daughter of Chinese smartphone and telecommunication giant Huawei founder and chief executive officer Ren Zhengfei.
Hong Kong Treasury Secretary Claims the State Fund May Invest in Crypto
Hong Kong signals crypto interest as Treasury Secretary hints at future investments while Johnny Ng pushes for policy change.
Wyoming Bitcoin Company Gets $4.1 Million In Chinese Crypto Mine Settlement
Wyoming-based Bison Blockchain will receive $4.1 million in a settlement over a Chinese-owned cryptocurrency mine in Cheyenne. The Chinese company …
China’s semiconductor firms cash in chips as export boom bucks overall trend
Despite a bevy of US restrictions on China’s semiconductor trade, chip shipments remain high even as overall exports miss expectations.
Trump is threatening to raise tariffs again. Here’s how China may fight back
Here’s a look at how the showdown between the world’s two largest economies played out the last time Trump was in office and where things might be headed now.
China’s esports industry returns to growth in 2024 as Tencent, NetEase expand overseas
The growth is testament to how China’s esports industry has become a booming business, with local clubs making an impact on the global arena.
Why is China targeting Nvidia? (And why is the AI giant so important?)
China just escalated its so-called “chip war” with the United States: Beijing is launching an antitrust investigation of Nvidia, the American chipmaker whose products are powering the AI revolution.