Shipping Nvidia’s H20 chips to China was “great” for Beijing and Washington and not a security threat, the tech giant’s chief said Friday. The California-based company produces some of the world’s …
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Nvidia chief says H20 chip shipments to China not a security concern
Shipping Nvidia’s H20 chips to China was “great” for Beijing and Washington and not a security threat, the tech giant’s chief said Friday. The California-based company produces some of the world’s …
Nvidia Asks Suppliers to Halt H20 Work, Information Says
Nvidia issued those orders this week after Beijing urged local companies to avoid using the H20, the Information said, referring to a chip designed specifically for the Chinese market. The US …
China Eyes Yuan-Backed Stablecoins to Expand Global Currency Usage
In recent years, China has emerged as a formidable force in the global economic landscape, and its ambitions in the realm of digital finance are no exception. With the continued evolution of global …
Xi Warns Unpaid Bills to Companies Could Damage Trust in Beijing
President Xi Jinping warned that the Chinese government’s delayed payments to companies risk undermining people’s trust in the authorities, in a sign that Beijing is taking more seriously the problem …
FAW, China’s oldest carmaker, eyes 10% of Leapmotor to boost stake in EV surge
FAW Group, mainland China’s oldest carmaker, plans to acquire a 10 per cent stake in Stellantis-backed electric vehicle (EV) maker Leapmotor, as the state-owned automotive giant looks to enhance its …
China Financial Services Holdings Issues Profit Warning Amid Economic Uncertainty
Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. China Financial Services Holdings Limited ( (HK:0605)) has shared an announcement. China …
Will Nvidia be able to sell to China? Wall Street can’t agree.
Some analysts say China is fully “de-risked.” Others see a business facing “unsupportable” geopolitical reality. For Nvidia, billions are on the line.
Boeing in Talks to Sell As Many As 500 Planes to China, Report Says
Boeing is said to be in talks with Chinese officials about the sale of up to 500 planes to that country. Bloomberg reports an agreement would be a key part of ongoing trade talks between…
Can China cope with a deindustrialised future?
China regulates accountancy, law, retail and even estate agents more tightly than the average member of the OECD, a club of mostly rich democracies. And China’s urban sprawl makes it difficult to reap …
Yirendai: Q2 Earnings Snapshot
Yirendai Ltd. (YRD) on Thursday reported earnings of $49.9 million in its second quarter. The Beijing-based company said it had net income of 57 cents per share.
Trump tariffs live updates: Bessent says US happy with China trade setup
Bessent went on to add in a further interview with CNBC he expects tariff revenues under President Trump to exceed his earlier $300 billion estimate, with the money going to pay d …
Is A Global Currency Reset Possible? China Moves In To Launch Yuan-Backed Stablecoins
Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global currency reset …
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