Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said.
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China’s president will unveil a megaport in Peru, but locals say they’re being left out
China’s President Xi Jinping inaugurates the port Thursday during the Asia-Pacific Economic Cooperation forum in Peru. The development — expected to encompass 15 quays and a large industrial park …
Here Is One Telling Sign Of White-Hot Cava IPO’s Momentum
Mediterranean chain Cava raised full-year outlook as well. Q3 sales jumped 39%, accelerating from Q2’s pace. Groupon (GRPN) delivered earnings and revenue surprises of 232% and 3.82%, respectively, …
The US-China tech race is moving from chips to the raw materials they’re made of
The US is considering expanding its export limits on AI chips to China and its allies. Experts say the race for AI dominance is like a new Cold War.
China export ‘rush’ expected ahead of Trump’s trade war 2.0, Beijing to show restraint
In the long term, analysts said the direct damage to China’s economy caused by any potential tariff increases would be modest, although cumulative tariffs could hit exports, and may require a higher …
Trump Administration Could Compel China To Embrace Crypto, According to Hashkey Group CEO: Report
A crypto-friendly Trump Administration could pressure China into easing up on its digital asset hostility, according to the executive at a prominent Web3 firm.
Microsoft’s president has a warning about China
Asked about U.S.-China trade and technology transfers amid the transition from President Joe Biden to President-elect Donald Trump, Smith said it was too early to assess the impact. As a U.S.-based …
Local and foreign chip manufacturers flee China, expand in Vietnam — companies move to Southeast Asia as US-China tensions simmer
companies looking for cheap labor and a more stable political climate leave China, Taiwan, and South Korea. With Vietnam’s investment in its semiconductor industry, it seems poised to receive this …
Cava Soars: Here Is One Telling Sign Of White-Hot IPO’s Momentum
Chinese semiconductor start-up Moore Threads Intelligence Technology, helmed by a former Nvidia China executive, has started the process for an initial public offering (IPO), while enthusiasm in the …
China’s Exports Surge As Factories Resume Rush To Beat New Tariffs
Much of the increased was paced by China’s exports to the United States, which grew by 8% over August 2024’s level while U.S. exports to China dropped by nearly 6%. The trailing twelve-month average …
China Investing: Big Nasdaq Gains Attract Chinese IPOs
Some 42 Chinese companies have listed on the Nasdaq this year, not including eight SPAC combinations by businesses from the country; that total exceeds last year’s …
China should use more aluminium and recycled copper, industry says
SHANGHAI: Using more aluminium and recycled copper would help China cope with scarce copper resources, an industry group said on Wednesday (Nov 13), at a time when tight copper concentrate supplies …
US Moves To Seize Sam Bankman-Fried’s Crypto Linked to Alleged Bribery in China
The bribe was used to unfreeze crypto wallets linked to Alameda Research. The ongoing FTX legal saga continues as authorities pursue assets connected to Bankman-Fried. U.S. prosecutors have filed a …
