The Biden administration is considering imposing new restrictions on China’s access to AI memory chips and the equipment used to manufacture them.
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Apple earnings recap: Revenue, profit beat despite China sales miss
Apple beat earnings and revenue estimates in the fiscal third quarter.
Apple Sluggishness in China Casts Shadow on Upbeat Results
(Bloomberg) — Apple Inc. sales declined more than anticipated in China last quarter, overshadowing generally … Out Trump’s Swing-State Lead in Election Dead Heat Ackman’s IPO Dream Implodes From …
Sen. Mark Kelly’s past days hawking vitamins in China resurfaces amid veepstakes
Arizona Sen. Mark Kelly has had many jobs: an astronaut, a Navy captain – and, apparently, a Chinese pill pusher. Kelly’s past days hawking vitamins in China resurfaced this week amid …
WeRide Merges Into Crowded Field Of Autonomous Driving IPOs
That said, the WeRide IPO is notable for its very star-studded cast. Chairman and CEO Han Xu was formerly chief scientist at the autonomous driving unit of Baidu BIDU, a leader in China’s autonomous …
China’s spending slump is crushing global carmaker profits
BMW AG and Volkswagen AG capped a painful earnings period for global automakers that are contending with waning electric-car sales and weak demand in China. Both manufacturers on Thursday reported …
Live updates: Apple investors watching iPhone sales in China ahead of earnings today
Investors will be on high-alert for updates on the firm’s success in China, the services side of its business, and Apple’s key projects. That includes Apple Intelligence, its coming AI software, and …
ArcelorMittal Cries Foul on Steel Exports From China
ArcelorMittal SA said exports from China left the steel market in an unsustainable position, as the world’s biggest producer outside of the Asian country reported a fall in second-quarter profit.
Uber, China’s BYD, form partnership to deploy 100,000 EVs in EU and Latin America
The ride sharing giant Uber and Chinese automaker BYD say they have agreed on a partnership to introduce 100,000 BYD model EVs on the Uber platform in Europe and Latin America.
Asia’s crude oil imports drop in July as China stays weak
Asia’s crude oil imports dropped to the lowest in two years in July as demand remained weak in top importer China and eased in number two India.
BMW’s Key Automotive Unit Held Back by China Struggles
BMW’s automotive unit reported slightly lower-than-forecast profitability in the second quarter as revenue was weighed by heightened competition and weaker consumer sentiment in China.
HEDGE FLOW Hedge fund allocations to China hit five-year low
China, the world’s second-largest economy … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop …
China trade promotion agency inaugurates new office in US
“This year, CCPIT’s Rep. Office relocated to this new place, closer than before to the White House, U.S. Department of Commerce, U.S. Chamber of Commerce, USCBC (United States-China Business Council), and other important government departments…
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