China has managed to hit the U.S. where it hurts the most in response to the Trump administration’s tariffs, with restrictions on global exports of certain rare-earth elements that the U.S. has little ability to…
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Ford’s China business made $900 million last year
Ford Motor’s China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker’s top executives said Wednesday.
Dow Jones Today: Futures Slide as Nvidia, AMD Lead Chip Stocks Lower Amid Restrictions on Exports to China
Futures are pointing to a lower open for major indexes on Wednesday as chip stocks slide amid concerns about export restrictions to China.
America is turning away China’s goods. Where will they go instead?
Once turned away, where will China’s exports to America go instead? As supply chains adjust, firms will expand abroad to qualify for lower tariffs, as many did in Mr Trump’s first trade war. Less scrupulous…
China’s local authorities liquidate seized crypto to support public finances amid economic slowdown
Chinese local governments liquidate seized crypto assets to bolster public finances, navigating regulatory challenges amid digital crimes.
China’s Xi inks Vietnam deals as tariff war deepens; Trump says they’re trying to ‘screw’ US
China and Vietnam signed dozens of deals this week amid the U.S.’ global trade war in what President Donald Trump says is an attempt to “screw” Washington.
Nvidia Says U.S. Implements Chip Export Restrictions to China, Warns of $5.5 Billion Charge
The U.S. government ”indicated that the license requirement addresses the risk that the covered products may be used in, or diverted to, a supercomputer in China,” Nvidia said.
TikTok vs Trump: Are Chinese factories telling the truth about luxury brands?
In recent weeks, dozens of videos have gone viral, showing Chinese factory workers and influencers claiming that many luxury goods from Louis Vuitton handbags to Lululemon leggings are manufactured in …
Stock Market Today: Tech Stocks Fall After U.S. Tightens Curbs on Nvidia’s China Exports
Trump’s tariffs continue to impact global markets and fuel a trade war with China. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Alibaba-backed Zhipu AI preps IPO, first among China’s top six AI unicorns
Zhipu AI, one of China’s leading foundational model startups, has kicked off preparations for an IPO, making it the first of China’s six AI unicorns to …
Journey into the China Unicom Global · WIC Member Day
The World Internet Conference (WIC) hosted the “Journey into the China Unicom Global · WIC Member Day” event in Hong Kong on April 15. Over 30 representatives from embassies in China, government …
Exclusive: Nvidia kept some China customers in the dark about new US chip clampdown, sources say
Nvidia did not warn at least some major customers in advance about new U.S. export rules it was told about a week ago requiring it to obtain licenses to sell its China-focused artificial intelligence …
Nvidia takes $5.5 billion hit as US clamps down on its China chips
Nvidia says it will take a $5.5 billion financial hit after Washington placed fresh restrictions on the export of its H20 artificial intelligence chips to China, in the latest escalation of a growing battle for…