a Pu’er brand from tea trading hub Guangzhou, shot up to 50,000 yuan ($7,023) per 2.5-kg brick, before plunging more than 80% overnight and burning investors. Amid the gyrating prices, Fan Cha …
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China’s BYD to use Huawei’s advanced autonomous driving system in off-road EVs
Chinese electric vehicle (EV) giant BYD (002594.SZ) has signed an agreement with Huawei (HWT.UL) to use the Chinese tech conglomerate’s advanced autonomous driving system in its off-road Fangchengbao …
India’s top 10 export destinations including China, UAE, USA, and more
India’s exports grew by 9.1% year-on-year to $38.13 billion by May 2024, driven by high demand for engineering goods, petroleum, and textiles. Key mar
China manufacturing contracts for fourth straight month
Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world’s second-largest economy’s struggle to …
RTX fined $200 million for exports to China and others, US says
RTX Corp will pay a $200 million fine to settle allegations that the aerospace and defense company violated export laws by exchanging data and products with prohibited countries, including China, U.S.
China leads in up to 89% of tech research, study shows
New research from the Australian Strategic Policy Institute (ASPI) shows that China is now leading the way in 57 out of the 64 technologies assessed by its Critical Technology Tracker, which has now …
U.S., Canada EV Tariffs May Lead To Partnerships With China: Sino Auto
It’s politically radioactive” for U.S. automakers to talk about collaboration with China before the presidential vote, says Sino Auto Insights Managing Director Tu Le …
USTR says decision on Section 301 tariffs on Chinese imports to be announced in coming days
The U.S. Trade Representative’s office said on Friday it was continuing to develop final determination on Section 301 tariffs on Chinese imports and will make a decision public in the coming days.
Netherlands to weigh ASML’s interests in China export restriction decision, PM says
The Dutch government will take the economic interests of ASML into account when deciding on further tightening the rules governing the export of ASML computer chip making equipment to China, Dutch …
Duke Trio On Tour In China For Jordan Brand
W hen you get down to it, on one level businessman Michael Jordan is probably very happy to have Zion Williamson, Jayson Tatum and Paolo Banchero representing Jordan Brand. But sc …
China’s top banks post lower second quarter profit as property sector weighs
Four of China’s five largest lenders reported a lower second-quarter profit this week after responding to a government nudge to lower lending rates in order to stimulate weak loan demand amid a slowing economy and…
Expiration of major US-China science treaty signals deep uncertainty amid high tensions
Landmark deal dating to 1979 is said to shield American researchers working in mainland but critics say Beijing is exploiting its terms.
China follows up crypto ban with an investigation into ‘Chinese CoinGecko’
Feixiaohao, a major crypto market data and industry news provider in China, is apparently being investigated by local police. This follows the crypto blanket ban in China.
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