bucking Western firms’ derisking trend 5:54 AM UTC Chargedcategory Tesla’s China-made EV sales skid 17.8% on year in November 8:56 AM UTC The Netherlands faces a legal challenge on Monday over …
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Japanese battery material companies diversifying suppliers as China tightens exports
China has imposed stricter export controls on graphite, a critical EV battery material, since December 1. Many Japan-based companies relying on China’s raw materials have been diversifying their …
China, Japan, and South Korea Explore Collaboration in Big Data, Blockchain, and AI
China, Japan, and South Korea are forging ahead with plans to enhance collaboration in advanced technology sectors such as big data, blockchain, and artificial intelligence (AI).
China Rips US for Seeing It as ‘Enemy’ After Raimondo Remarks
Markets Wrap Bitcoin Surges Past $41,000 as Crypto Rally Heats Up Alaska Air Agrees to Buy Hawaiian in $1.9 Billion Deal Here’s How to Invest in Gold as It Hits an All-Time High “The US…
China adds Nio to list of approved vehicle manufactures – website
Electric vehicle maker Nio has been added to a Chinese industry ministry database permitting companies to produce vehicles in the country, according to the ministry’s website. The website gave no …
Raimondo warns Nvidia not to cut corners and reiterates AI chip export control
AI chip company Nvidia was called out by the US Secretary of Commerce Gina Raimondo at the Reagan National Defense Forum in Simi Valley, California during the weekend, warning that any effort to …
S. Korea vows swift consultations with China over delay of urea exports
South Korea’s trade ministry said Monday it would swiftly consult with the Chinese government over Beijing’s delay of customs procedures for urea exports to Seoul. Choe Nam-ho, a spokesperson for the …
China, Japan, and South Korea Announce Joint AI Cooperation at Foreign Ministers’ Meeting
In a landmark development, China, Japan, and South Korea have pledged to strengthen their cooperation in advanced technology sectors, focusing on big data, blockchain, and artificial intelligence (AI) …
Niche Chinese brands on rise as cosmetics market recovers
According to the 2023 China Skincare Industry Omni-channel White Paper, released by NIQ and GfK, skincare products, a main segment of the cosmetics industry, reached 325.3 billion yuan ($45.6 billion) …
McDonald’s raises China bet, buck Western firms’ derisking trend
The decision by McDonald’s to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems risky – but the potential pay-off is …
China’s BYD says will keep reward system for smear campaign tipsters
China’s electric vehicle giant BYD said on Sunday it would make permanent its system offering tipsters who report smear campaigns against the company up to 5 million yuan ($700,918).
Global Impact: as uncertainties swirl over South China Sea, joint exercises and heightened tensions reverberate within the neighbourhood
In this issue of the Global Impact newsletter, we look at the latest developments in the disputed South China Sea.
Shein IPO points to improved market sentiment
China-founded fast-fashion giant Shein is reportedly planning an initial public offering (IPO) that would value the company at $90 billion (€82.7 billion). A Shein IPO would be controversial. Shein’s …
