By Colleen Howe HOHHOT, China, June 12 (Reuters) – China’s top coal-producing region plans to build the country’s largest base for turning coal into oil, gas and chemicals to help reduce reliance on …
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Ant Group to hike capital outlay for AI
A view of the booth of Ant Group during an expo in Beijing. HUANG YONG/FOR CHINA DAILY . Ant Group will step up investments in artificial intelligence and data elements in the nex …
Whose IPO strategy wins? Comparing blockbuster US IPOs like SpaceX to China’s ‘shotgun’ approach
Peter Alexander, Founder and Managing Director at Z-Ben Advisors, discusses the contrasting IPO strategies of the U.S. and China, whereby the former relies on massive IPOs like SpaceX for wealth …
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
China has ramped up its space initiatives to compete with SpaceX’s ascent in the last three years, with some commercial space firms eying similar satellite and rocket launch goals.
China’s apparel imports from other Asian countries on the rise
While China is known as the biggest apparel exporter on earth, its apparel imports have been quietly growing, more than tripling from 2010 to 2024.
China’s space start-ups eye IPO boom as SpaceX heads for record listing
China’s emerging aerospace firms are lining up to list as SpaceX’s blockbuster flotation shines a spotlight on the sector This is part of a series on the global impact of SpaceX’s historic IPO, …
Foreign luxury firms see China sales surge
People check out Coach handbags during the eighth China International Import Expo in Shanghai on Nov 6 last year. GAO YANG / FOR CHINA DAILY By WANG ZHUOQIONG A string of upbeat earnings reports from…
US firms remain cautious about investing in China despite improved profits
Just 49 per cent of the companies surveyed by the US-China Business Council said they planned to invest in the Asian country this year, up one percentage point from a record low last year …
China’s control over indium phosphide exports threatens AI data centre rollout
By Laurie Chen and Liam Mo BEIJING, June 11 (Reuters) – Barely a week after Nvidia-backed chipmaker Coherent warned of a shortage of indium phosphide in an earnings call in early May, its CEO Jim…
US Firms Wary of Investing in China Despite Improved Profits
US firms are still reluctant to step up investment in China despite improved profitability, according to a new survey, underscoring worries lingering from the nations’ trade fight.Most Read from Bloom …
Despite US.-China truce, American companies see little improvement in China
A U.S.-China Business Council survey found most American companies see little improvement in China’s business climate, while growing competition from Chinese rivals threatens future profitability.
US business group says some critical minerals are ‘nearly unobtainable’ from China
By Michael Martina WASHINGTON, June 10 (Reuters) – U.S. access to critical minerals from China remains difficult due to export controls and licensing delays, a U.S. business lobby said on Wednesday, …
US firms pay price for Trump’s China tariffs, export controls, study finds
The Trump administration’s export controls, sanctions and tariffs are hurting American firms in China without achieving their policy goals of blocking critical technology or reviving US manufacturing, …
