U.S. Senate Majority Leader Schumer says he is grateful for a stronger statement from China condemning the deadly Hamas attack on Israel issued during his visit to Beijing that included a lengthy meet
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Ag Markets See Risk Off Selling with Israel Attacks, Harvest Pressure and Report Positioning: Wheat Higher on China Export Talk
Wheat holds gains on talk of China export buys. Randy Martinson, Martinson Ag has more. The attack on Israel by Hamas adds urgency to GOP efforts to elect a new House speaker. The need to…
South Korean firms get indefinite waiver on US chip gear supplies to China
Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely without separate U.S. approvals, South Korea’s presidential office and the companies said on Monday.
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The Biden administration has granted Samsung Electronics Co (OTC: SSNLF) and SK Hynix Inc, the world’s two largest memory makers, permission to acquire the equipment essential for maintaining and …
Citi sells China wealth business as part of international consumer retreat
Citigroup is winding down consumer businesses in certain parts of the world as part of an effort to simplify the giant bank.
Investors warn Evergrande could face an ‘uncontrolled collapse’ that would be a disaster for China’s property sector
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Hands off China! The country has become a hot potato for investors. Are they right to be afraid?
The Chinese stock market has not kept up with Western stock exchanges. Government measures have not yet been able to win back investor confidence. What should investors do?
Samsung and SK Hynix Get Indefinite Waiver to Import U.S. Tools to Chinese Fabs
Memory makers Samsung Electronics and SK Hynix have secured a continuous green light from the U.S. government to equip their Chinese plants with U.S. chipmaking equipment without …
Beijing urges Manila to end South China Sea ‘provocations’
The Permanent Court of Arbitration in 2016 said the line on China’s maps had no legal basis, which Beijing rejects. The atoll is known as Ayungin in the Philippines, while China calls it the Renai…
China Plans 50% Surge in Computing Power by 2025 to Lead AI Race
China has revealed its ambitious plans to significantly expand its computing power by over 50% within the next two years. This initiative aligns with China’s aspirations to dominate the global …
Chuck Schumer Criticizes China For Not Supporting Israel After Hamas Attack
U.S. Senate Majority Leader Schumer told Chinese President Xi Jinping that he was disappointed by China’s failure to strongly condemn the recent Hamas attack on Israel.
Xi-Schumer Meeting Raises Hopes of Smoother U.S.-China Relations
Mr. Xi said there were “1,000 reasons” to make the relationship work. Earlier, the Senate majority leader had criticized Beijing for its response to the attack by Hamas in Israel.
China’s e-commerce inroads are back in focus amid Alibaba’s “possible espionage” in Europe
Beijing’s aggressive industrial policy goals are back in focus as Belgium contends with alleged espionage activities arising from a logistic arm of Alibaba at an airport in Liège, Europe’s …