Chinese firms are on edge and so are some of their US partners. Markets are relatively muted, though the yuan is down.
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《AI》CHINA MOBILE(00941.HK) Displays Technical Pattern of Triple Top
CHINA MOBILE(00941.HK) shows a triple top reversal. Last printed at 69.900; fell 1.549%; on volume of 7.97M shares and turnover of $562.75MRecent PerformanceIn 3 days: -1.480%In 5 … Triple tops mean …
Exclusive – HSBC pulling back from China credit card business after struggling to expand, sources say
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world’s second-largest economy, …
Xi Jinping’s military purge is bleeding into his elite circle of generals commanding China’s forces
An icon in the shape of a lightning bolt. Impact Link A top-ranking admiral in China’s Central Military Commission — the highest body commanding its forces — has been placed under investigation, the country’s defense…
Starbucks coffee in China is better served to-go
Starbucks boss Brian Niccol faces conflicting challenges at opposite ends of the planet. Chinese consumers want a steady flow of new beverages, an approach that has caused trouble at U.S. stores. Focusing on the company’s…
Singapore’s strong brand name in China comes down to Singaporeans there: SM Lee
SINGAPORE’S brand name and its cultural, business and personal connections with China have allowed the two countries to work together and learn from each other. Read more at The Business Times.
Funding cuts, layoffs, and reorganization common in China’s competitive chip industry
In 2024, major Chinese semiconductor businesses continue to announce closures or severe layoffs, according to industry sources. Xiangdixian Computing Technology, commonly referred to as China’s Nvidia,
China rings vast Taklamakan Desert in Xinjiang with green belt to aid environment, economy
Just completed multi-decade project in Xinjiang region is intended to help prevent desertification and boost local economies.
Key AI chip supplier stocks surge amid reports of eased U.S. restrictions on China
AI chip makers received positive news as major semiconductor manufacturers saw significant gains in their stocks following reports that the U.S. is …
America Can Be a Blockchain Powerhouse – Here’s How
America is at a crucial moment in the blockchain arms race. We examine how the U.S. can and must take the lead in crypto and shape the digital finance revolution.
Chinese Court Rules Crypto Cannot Be Used for Wage Payments
A Shenzhen court has ruled that cryptocurrency, including USDT, cannot serve as a legal form of wage payment under Chinese labor laws.
Dragons In Detroit? China’s Secret To Automotive Success
Today, Chinese automakers have become a formidable force, coming a long way to loosen the stranglehold that Western and Japanese automakers once had on the automotive …
China To Use Adjustable ‘Net’ To Catch Reusable Rockets
China is developing reusable rockets to launch in 2025 and 2026. See the ‘net’ technology they will use to catch the booster when it returns to Earth in this animation. Credit: Space.com | footage cou…
