The Commerce Department’s Oct. 7 export controls aim to restrict China’s access to advanced semiconductors, supercomputers, and semiconductor manufacturing equipment to prevent the Chinese government …
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FTX customers in mainland China make up 8 per cent of total, a court filing shows, defying Beijing’s crypto ban
A filing for the first day of FTX’s bankruptcy hearing shows a breakdown of its customer base, with 22 per cent in the Cayman Islands The customer base in mainland China is larger than in…
Nickel IPO puts Jakarta at centre of China EV boom
A Hong Kong stock market debut puts Jakarta at the centre of China’s electric-car boom. Lygend Resources & Technology , a Chinese nickel trader, is looking to raise up to $594 million in an initial…
New York Governor Hochul Signs Moratorium to Curb Crypto Mining
(Bloomberg) — New York Governor Kathy Hochul has signed one of the most restrictive laws in the US on regulating cryptocurrency mining, becoming the first state to impose such a ban.
China widens COVID curbs, iPhone factory unrest adds to economy worries
Chinese cities imposed more curbs on Wednesday to rein in rising coronavirus cases, adding to investor worries about the economy, as fresh unrest at the world’s largest iPhone plant highlighted the …
China’s Fosun seeks to sell stake in Alibaba’s logistics arm Cainiao- sources
Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group’s logistics arm Cainiao, in a deal that could fetch up to $1 billion, two people with direct …
China’s Baidu says it expects ‘limited’ impact from U.S. chip curbs
“We think the impact is quite limited in the near future,” said Dou Shen, executive vice president and head of Baidu AI Cloud group.
Blockchain tech innovation forum held in Chengdu
CHENGDU, China, Nov. 23, 2022 /PRNewswire/ — A forum focusing on the innovation and development of blockchain technology was held in Chengdu, the capital of Southwest China’s Sichuan province, on Nov …
China widens COVID curbs, Apple factory unrest adds to economy worries
Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors’ worries about the economy just as fresh unrest at the world’s largest …
Dutch Resist U.S. Call to Ban More Chip Equipment Sales to China
The European country dominates one-of-a-kind, cutting-edge chipmaking equipment that has become a focus of the U.S. government’s attempts to limit China.
Workers Clash With Police At China’s Largest iPhone Factory: Report
In the videos, hundreds of workers can be seen marching on a road in daylight, with some being confronted by riot police and people in hazmat suits.
Financial opening-up seen boosting trade, business, investment, high-quality development
China will continue to expand high-level opening-up and further accelerate the opening up of its financial sector, said officials and executives at the Annual Conference of Financial Street Forum 2022 …
Oil rises as U.S. inventories shrink; China COVID fears limit gains
Oil prices rose further on Wednesday after data indicated that U.S. crude inventories shrank substantially in the past week, although the introduction of new anti-COVID curbs in major Chinese cities …
