China’s decision to set a modest 5% economic growth target for 2023 may knock some optimism out of commodity markets, which had been anticipating a surge in demand from the world’s largest buyer of …
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Factbox: Chinese chipmaking equipment manufacturers filling void left by U.S. export restrictions
The United States is working to expand its restrictions on the export of chipmaking equipment to China by securing cooperation with the Netherlands and Japan, forcing Chinese chipmakers to turn to …
Analysis: China’s chip sector needs more than state money to dull impact of US restrictions
China plans to splurge to help its chip sector overcome U.S. export curbs, but money can only do so much unless Chinese firms can break from a cycle that hinders innovation and traps them at…
BGI seeks to ‘clarify’ after US widens China export restrictions
The Biden administration last week announced export restrictions for dozens of Chinese entities … The move has drawn an angry response from China, with the Ministry of Commerce urging the US to stop …
First Mover Asia: Bitcoin Is Stuck Between Silvergate and China
The largest crypto in market value hovers above $24.4K as investors mull Silvergate’s troubles but also likely encouraging economic data from China. ALSO: CoinDesk columnist David Z. Morris considered …
Morning Bid: China sets out economic, political, military vision
Before that however, investors have a deluge of headlines from China this weekend to digest. The annual session of the National People’s Congress, and reports from the finance ministry and state …
China’s economy has kicked off the year of the rabbit with a worthy bounce
Nathaniel Taplin, “China’s Post-Covid Bounce Has Arrived,” Wall Street Journal, March 1, 2023. Silvergate Capital, one of the crypto market’s top banks, said that recent events leave it at risk of …
GOP senators lead charge on revoking China’s trade status, but policy crackdown could hurt consumers
China’s antagonistic foreign policy and manipulative economic practices have Washington lawmakers rethinking the decades-old preferential trade treatment that the U.S. bestows on the communist regime.
Trump calls for more tariffs on China
President Trump escalated his attacks on China at CPAC last night, testing his ability to move the U.S. toward a more confrontational approach on trade with the communist nation.Why it matters: The …
China sets lowest growth target in decades as COVID lockdown effects linger
China set its lowest annual growth target in decades on Sunday, pushing for an economic expansion of just 5%. China’s economy grew by 3% last year, well short of its goal.
ChatGPT has thrown gasoline on fears of a U.S.-China arms race on AI
The race to develop the next generation of AI isn’t just between tech companies like Microsoft and Google — it’s also between nations, which are working furiously to foster and develop their own …
One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China?’
At a Senate Banking Committee hearing on Feb. 28, many lament America’s inability to sanction China like Russia.
China to accelerate opening-up drive to attract foreign investment: Premier Li
China is set to accelerate efforts to attract and utilize more foreign investment, Chinese Premier Li Keqiang said in his Government Work Report delivered on Sunday, on behalf of the State Council to …
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