U.S. agribusiness giant Cargill has agreed to sell its protein business in China to private equity firm DCP Capital, the U.S. company said in a statement on Wednesday.
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The yuan’s depreciation may benefit China’s export demand, portfolio manager says
Daisy Li of New Capital says there isn’t a “very strong” upside for the Chinese yuan at the moment.
U.S. Manufacturers Seek China Alternatives as Tensions Rise
Makers of watercraft and ventilators reconsider Chinese supply chains, balancing potential risks against the lower costs.
Chinese AI chatbot firm Xiao-I eyes global market after Nasdaq IPO on ChatGPT fever
When Yuan Hui launched his company’s first chatbot two decades ago, the world had yet to catch up on the potential of conversational artificial intelligence (AI). Today, Shanghai-based Xiao-I is worth …
Dimon Says JPMorgan Will Be in China for Good and Bad Times
Jamie Dimon said JPMorgan Chase & Co. will be in China in both good and bad times, remaining committed to doing business in the Communist Party-ruled nation as political tensions grow.
China to gain most from restrictive US crypto regulations: Coinbase CEO
Coinbase CEO Brian Armstrong thinks China could benefit from what he says is a failure to provide the crypto industry with regulatory clarity in the U.S. and warned America could cede its status as a…
Crypto here to stay, must be regulated: HK treasury
Cryptocurrencies have been banned in mainland China since 2021 but Hong Kong has announced plans to become a major digital asset hub.
China factory activity slows, adding to economic strains
A survey shows China’s factory activity has decelerated in May, adding to signs its economic rebound after the end of anti-virus controls is slowing.
Howes: Slowly but steadily, China’s EV industry works way into Michigan, heart of Detroit
Chinese players represent new competition rife with commercial headaches, competing government-driven industrial policies and geopolitical concerns.
US clamps down on sensitive export requests to China
The U.S. government is closely scrutinizing exports to China and last year denied or took no action on a quarter of requests in order to stop sales that would advance Beijing’s militarization, a …
Chinese AI chatbot start-up Xiao-I eyes global market after Nasdaq IPO on ChatGPT fever
Xiao-I, which raised US$39 million from its IPO in March, wants international sales to account for half of its revenue, founder and CEO Yuan Hui says The Shanghai-based firm aims to sharpen its focus …
Dimon to confront new China business landscape
BEIJING: When Jamie Dimon takes centrestage at JPMorgan Chase and Co’s China summit today, he’ll be confronting a business landscape that looks vastly different from his visit four years ago. Back in 2019, the last…
US closely scrutinizing export requests to China -Commerce Dept
The U.S Commerce Department is closely scrutinizing requests to send items to China and last year denied or took no action on 26%, a senior official said in written Senate testimony released on Tuesday.
