Nvidia took a $4.5 billion write-off in its latest quarter on unsold H20 chips that it was unable to repurpose for other markets. If sales of these high-volume chips to China resume, a reversal of…
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Is Trump reshaping U.S.-China tech ties to strike a trade deal?
Biden saw export controls as a “strategic asset” to keep the U.S. ahead of China in tech, but Trump is now scrapping that policy, signaling a major shift in …
China imposes restrictions on EV technology exports
European countries, especially, had hoped to build their domestic EV manufacturing sectors by opening their doors to Chinese battery firms, rather than reinventing the technologies at home.
China Medical System targets second growth phase with Singapore listing as gateway to Southeast Asia
With its international strategy in place, CMS sees its SGX listing as more than a milestone but a launchpad for its expansion plans.
Mexico Surpasses China As Top U.S. Import Source in 2024
New data shows Mexico has claimed the top position from China, with a 6.4% increase in import value over the previous year.
This China Online Trading Name Gains New Customers, Adds Crypto Capabilities
China-based online trading company UP Fintech Holding TIGR continues to grow its customer base and accumulate assets. The stock fell off the IBD Sector Leaders list following Wednesday’s 4.3% drop and …
Starbucks Stock Downgraded. Why Its Strategy and China Business Are Big Concerns.
Coupled with the coffee chain’s “questionable strategic priorities,” such as a lack of a focus on cold beverages and drive-through outlets—on which much of the industry is focused—Starbucks has “no …
After Disrupting Global Supply Chains With Rare Earth Curbs, China Tightens Export Restrictions On Critical EV Battery Technologies
This comes after China had earlier in April imposed tighter export controls on rare earth magnets — critical components for electric vehicles, wind turbines, and electronics. The move resulted in a sharp drop in global…
Vietnamese firms to continue presence at 4th Global Digital Trade Expo in China
Following a strong impression at the 3rd Global Digital Trade Expo (GDTE 2024), the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade will lead a business delegation to the 4th …
China puts new restrictions on EV battery technology in latest move to consolidate dominance
China has put export restrictions on technologies critical for producing electric vehicle batteries, in a move to consolidate its dominance in the sector that has contributed to the country’s lead in …
Daunted by geopolitics and trade war, US companies in China report record-low new investment plans
American companies in China are reporting record-low investment plans and declining confidence in profits this year.
China probes US$100 underwriting fee amid Xi price war clampdown
BEIJING] China is investigating some of the nation’s top investment banks over bond underwriting fees that hit below US$100, as regulators expanded a crackdown on a long-standing price war amid …
Record US Firms Cut China Investment Plans as Tariffs Spiraled
A record share of American firms froze investments in China as trade ties worsened earlier this year, a recent survey suggests.
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