The Chinese market was expected to compensate for weakening demand elsewhere, particularly given the massive luxury market in China, according to JPMorgan. Given weaker-than-expected economic …
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U.S., China Both Try to Gain Upper Hand Ahead of Biden-Xi Summit
Washington is expected to roll out updated tech controls, while Xi Jinping is expected to mark closeness with Vietnam on the heels of Biden visit there.
Crypto Market Insights: Bank Of International Settlements Work With Asian Central Banks Through Projects Mariana And Mandala
BIS announced Projects Mariana and Mandala with Asian central banks. UBS launched its tokenized VCC fund in Singapore. HKEX builds smart contract settlement platform.
(LEAD) U.S. eases export controls on chip equipment for Samsung, SK factories in China
The United States has decided to allow exports of its semiconductor manufacturing equipment to Samsung Electronics and SK hynix factories in China without a separate approval process, the presidential …
China plans to boost computing power amid AI race to help local firms
China intends to step up efforts to build its computing power by more than a third in less than three years, aimed at benefiting local suppliers and strenthen technology self-reliance as U.S.
China’s Seafood Imports From Japan Plunge 66% in August Amid Import Ban
(Yicai) Oct. 9 — China’s imports of Japanese aquatic products tumbled nearly 66 percent in August, after China suspended them in the wake of Japan discharging nuclear-contaminated wastewater from the …
You won’t be able to see a single panda in America. China’s retaliatory measures against the United States.S
As three pandas in Washington, D.C.’s National Zoo are set to be returned to China in December, there will be no pandas, symbols of “US-China friendship,” left in the US by the end of next…
Mainland China could delay complex trade probe to eve of Taiwan election
An investigation by mainland officials into Taiwan’s trade practices could conclude right before a pivotal election – a decision that stands to further fray already strained relations.
China’s Rich Entrust Total Strangers to Sneak Cash Out of the Country
Imagine trusting your life savings to a group of strangers you know only via WhatsApp. Some affluent Chinese people are willing to make that gamble to get part of their wealth out of the mainland.
Tesla’s China sales are falling compared to its rival BYD—and the drop could have been worse without its price war
Tesla sold 10% fewer cars in China last month than the same period a year earlier, according to new data from the China Passenger Car Association.
South Korean firms get waiver on US chip gear supplies to China
Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely, without separate U.S. approvals, Yonhap news agency quoted South Korea’s …
Europe or bust? A wary EU braces for a wave of made-in-China electric cars
The home market flooded, manufacturers in China are ready to roll out their extensive offerings in the continent – the ‘last open market’.
US Senate Majority Leader Schumer criticizes China for not supporting Israel after Hamas attack
U.S. Senate Majority Leader Schumer has told Chinese Foreign Minister Wang Yi that he was very disappointed by China’s statement on the recent Hamas attack because it didn’t show any sympathy or suppo …
