The U.S. Commerce Department on Tuesday released proposed rules to prevent $52 billion in semiconductor manufacturing and research funding from being used by China and other countries deemed of …
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Biden administration limits China investments by semiconductor chip subsidy recipients
The Biden administration laid out new restrictions on investments in China by companies that receive subsidies for semiconductor production in the U.S. through last year’s bipartisan CHIPS Act.
China Doubles Imports of Russian Aluminum Shunned by West
China has nearly doubled imports of Russian aluminum in the year since the invasion of Ukraine, as some western buyers shun the metal from the major commodity supplier.
Vanguard Said to Shutter Business in China, Exit Ant Venture
Vanguard Group Inc., the US asset management giant, has decided to shutter its remaining business in China after a retreat two years ago, according to people familiar with the matter, abandoning a 27 …
Laekna IPO Hopes To Hitch A Ride On Novartis Ties
Laekna has two main products, including one expected to file for approval in China and the U.S. at the end of this year The company has made its second filing for a Hong Kong IPO,…
China could be harvesting TikTok data, but much of it is already out there
For users outside China, they created TikTok in 2017 … Instead, the company paid nearly $1 billion for a business called Musical.ly, set up in 2014. Although based in Shanghai, Musical.ly had an …
RWE criticises US ban on imports from China’s Xinjiang region
Germany’s biggest utility makes rare attack on Washington’s attempt to pressure Beijing over alleged human rights abuses …
Vanguard To Shut Down Business In China, End Joint Venture With Ant Group
The Pennsylvania-based money manager has reportedly informed Chinese authorities of its plans to shutter its Shanghai unit.
Why China Is Rejigging Its Financial And Technology Regulations
At the recent meetings of its National People’s Congress and Chinese People’s Political Consultative Conference, known as the two sessions, China made important changes to its financial and technology …
Across China: Old names, new life — innovation rejuvenates time-honored brands
The time-honored dairy brand, like many traditional brands that used to struggle amid a rapidly-evolving domestic market, has now rejuvenated its business with advanced manufacturing technologies, …
Kia launches EV campaign to renew success in China
Kia is planning to offer six electric models by 2027 in China as the South Korean carmaker aims to renew its success in the world’s largest vehicle market. The carmaker announced the plan on Monday…
Vanguard Plans to Shutter Business in China, Exit Ant JV
Vanguard Group Inc., the US asset management giant, has decided to shutter its remaining business in China after a retreat two years ago, according to people familiar with the matter, abandoning a 27 …
China’s Russian Energy Imports Balloon to $88 Billion Since War
In the year since Russia invaded Ukraine, roiling energy markets across the globe, China’s appetite for Moscow’s oil, gas and coal has grown apace, with imports rising by more than half.
