Secretary of Commerce Gina Raimondo said in an interview that aired Sunday that the United States will not be selling its advanced superconductor chips to China for their “military
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UBS Cuts VW Rating On China Threat; Company Says China Going Well
UBS cut VW to “sell” from “neutral”, saying it is the most exposed carmaker to China. VW said its activity in China was progressing. Profitability is its top priority.
China slows down – Asian economies feel the impact
There’s a whispering unease in Asia’s economic corridors. It’s not the wind; it’s the economic chill emanating from China’s downturn. With a decelerating growth rate, China, the juggernaut of the …
Raimondo says it’s in China’s ‘interest to be less antagonistic to US business’
Commerce Secretary Gina Raimondo hinted that China’s own self-interest ought to inform a better relationship with the United States.
Amid Crypto Bans, Chinese Judiciary Upholds Virtual Asset Rights
A report from a Chinese court recognizes virtual assets as legal property. China’s courts differ from the country’s general stance on crypto assets. In a significant move, a Chinese court has released …
Raimondo warns China patience of US business is ‘wearing thin’
U.S. Commerce Secretary Gina Raimondo warned China in interviews broadcast on Sunday that the patience of U.S. business was “wearing thin,” saying American companies deserved a “predictable …
China planning ‘innovative’ export controls as trade tensions with US rumble on
A meeting held by the Ministry of Commerce heard that the world’s second biggest economy must respond to a ‘severe and complex’ situation Beijing has recently banned the export of two rare metals and …
China A Serious Risk To U.S. Manufacturers, CEOs Tell House Committee
New laws, like Biden’s Inflation Reduction Act, promise to give Chinese multinationals millions in tax credits.
Commerce Secretary Gina Raimondo says business leaders are “very worried” about a government shutdown
Commerce Secretary Gina Raimondo said this weekend that U.S. business leaders are “very worried” about a partial federal government shutdown if Congress cannot pass a short-term funding measure ahead …
China Considers Tougher Measures for Academic Misconduct, Including AI Papers
China’s National People’s Congress (NPC) is currently examining a draft Degree Law designed to address academic misconduct, specifically concerning using artificial intelligence (AI) tools to …
Hong Kong Altcoin Fund Targets $100M, Paving a Direct Path for China to Invest in Ripple and XRP – Is the Price Poised to Reach $1?
The fund targets high-net-worth individuals and investment firms in Asia, promising diversified exposure to alternative cryptocurrencies.
Britain and China are talking but ‘irritants in the relationship will remain’
Foreign Secretary James Cleverly’s one-day trip to Beijing seen as helping to reopen the communication channels.
Tourists’ slow return to China post-Covid causing headaches for travel industry
Inbound travel to China was halted for three years from March 2020 due to the pandemic. But in January this year, China removed most of its Covid restrictions, becoming the last country in Asia …