Russia’s booming trade with China, India, the United Arab Emirates, Turkey and other countries which have not imposed sanctions has suffered major setbacks in the last few weeks. Recent Western …
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China is the runaway leader in generative AI patent applications followed by the US, the UN says
The U.N. intellectual property agency says China has requested far more patents than any other country when it comes to generative AI, with the United States a distant second …
China and Russia are collaborating to develop an attack drone similar to Iran’s Shahed, European officials say
Russia has relied heavily on Iran’s Shahid drones to overwhelm Ukraine’s air defenses. Russia is collaborating with China to build its own version, European officials told Bloomberg. Companies started …
Taiwan says it backed down from retrieving one of its fishing vessels seized by China to avoid escalation
Taiwan’s Coast Guard said it rushed two patrol boats to the scene of the seizure of the Dajinman 88, but China’s ships blocked them.
Could a financial crisis end crypto’s bull run?
Most of the world’s financial problems are confined to China.” In any event, “It’s hard to draw any connection between crypto prices and the world economy,” says Yermack “There’s little theoretical …
China Enters US EV Market Through Backdoor: Invests in Morocco
In response to new U.S. subsidies aimed at boosting domestic electric vehicle (EV) production, Chinese manufacturers are strategically shifting their operations to Morocco.
China’s imports of commodities at all-time highs and likely to stay that way, JPM says
China’s economic woes, centered around a protracted crisis in the property market, have created an impression that weak real activity will show up in softer imports of key commodities. The reality, …
Nvidia Stock Drops. Why AI Chip Exports to China Remain a Problem.
Nvidia shares have risen 148% this year to date through to Tuesday’s close. That compares with a 16% rise in the S&P 500 index and a 20% rise in the Nasdaq Composite Index over the…
EU Targets China’s Temu and Shein with Proposed Import Duty
According to current EU regulations, packages bought online from non-EU countries are not subject to customs duties if their value is below €150. However, the sheer volume of these low-value parcels …
It took a messy school bus stabbing for China to finally do something about extreme nationalism on social media
The anti-Japanese rhetoric also comes at an inconvenient time for Chinese officials hoping to bring in more business from Tokyo as the local economy struggles. Suzhou, in eastern China’s Jiangsu …
China’s foreign goods trade picks up steam in first 5 months
China’s total goods imports and exports expanded by 6.3 percent year on year in yuan terms in the first five months of 2024, official data showed.This was …
China’s services activity growth hits 8-month low, Caixin PMI shows
China’s services activity expanded at the slowest pace in eight months and confidence hit a four-year low in June, dragged by slower growth in new orders, a private-sector survey showed on Wednesday, …
China Services PMI Slows In June – Caixin
(RTTNews) – The services sector in China continued to expand in June … Central to the latest expansion in services activity was rising new business inflows. Incoming new business increased again in …
