The shift is a response to growing concerns about the geopolitical tensions over Taiwan and pandemic-induced supply chain disruptions over the past few years.
Tagged By export
Is It Time to Consider Lifting Tariffs on Chinese Imports?
Many of the tariffs levied by the Trump administration on Chinese goods remain in place. James Heskett weighs whether the US should prioritize renegotiating trade agreements with China, and what it …
China Lockdown And First Drop In South Korea’s Chip Exports In 2 Years Kill Animal Spirits
The poor EMU CPI report may have been the last straw in favor of a 75 bp hike by the ECB next week. Read more here.
Govt exempts CPSEs in RE projects from China-centric import curbs
Making a major exception for Renewable Energy projects by Central Public Sector enterprises CPSEs), the Centre has exempted them from a 2020 financial rule brought in to restrict imports from firms …
EXCLUSIVE: Why Nvidia Could See ‘$2-Billion Hit In 2023’ From US Crackdown On China Chip Exports
Nvidia Corporation (NASDAQ: NVDA), a graphics chip manufacturer and investor favorite, reported in a filing with the Securities and Exchange Commission on Wednesday that the Biden administration has p …
Nvidia Ensnared in Geopolitical Spy Games With China Export Ban
Bed Bath & Beyond’s challenges mount, Snap cutting 20% of workers, CDC advisors consider latest Covid boosters, and other news to start your day.
China-focused Addentax stock tumbles after soaring nearly 9,000% in prior session
China-based Addentax Group (ATXG) saw its shares tumble over 60% on Thursday, the day after they soared nearly 9,000% following an uplisting to Nasdaq and a $25M initial public offering …
Some of Nvidia’s China Business ‘May Be Permanently Impaired,’ Says Analyst.
Bernstein says the U.S. government’s new export restrictions on Nvidia’s high-end AI products to China could have a lasting negative impact on its business.
Credit, Anyone? China’s Online Loan Platforms Get Stuck as Quality Borrowers Dwindle
FinVolution’s revenue growth slowed to about 12% in the second quarter from 16% and 32% in the previous two quarters, while its latest quarterly net profit fell about 6% 360 DigiTech and Lexin posted …
Director at China’s Securities Regulatory Commission deep-dives into Web 3.0 in new book, a year after China’s crypto ban
Nearly a year after China banned crypto trading and mining, the director of the Technology Supervision Bureau at Chinaøs Securities Regulatory Commission has published a book discussing Web 3.0 and …
China Economy Is Weakening
The Chinese economy is faltering. The risk of a real recession looms large, and the most optimistic scenario under current leadership would be slow growth, far slower than in recent decades. China is …
China demands US drop tech export curbs after Nvidia warning
The Chinese government on Thursday called on Washington to repeal its technology export curbs after chip designer Nvidia Corp. said a new product might be delayed and some work might be moved out of …
No Plan To Buy China’s Huobi, Says Crypto Exchange FTX’s Chief
FTX Chief Executive Sam Bankman-Fried said in a tweet on Monday that the crypto exchange has no plans to buy China-based Huobi, which also runs one of the world’s largest cryptocurrency exchanges.