Nvidia CEO Jensen Huang says the chipmaker will work with the U.S. to meet restrictions. Reports say the newly designed chips may be delayed.
Tagged By ipo
China Is Gaining Sway Over Iron Ore Prices
China has spent decades trying to cool the price of iron ore, one of its most important imports, and almost always to no avail. Now the looming arrival of one of the world’s biggest mines…
(LEAD) S. Korea considering subsidies to companies seeking urea imports from other than China
South Korea’s industry ministry said Wednesday it is reviewing giving subsidies to companies that seek to diversify supply channels of urea amid concerns over another urea supply crisis due to China’s …
Thai-Based China Trade Group Says Man Named in Crypto Scam Report No Longer a Board Member
(Reuters) – A Chinese businessman who featured in a Reuters investigation into crypto-investment fraud is no longer a board member of a Bangkok-based trade group he had represented, the group said on …
Nvidia working with US to make sure new China chips adhere to export curbs – report
CEO Jensen Huang said the company is working closely with the U.S. government to ensure new chips for the Chinese market are compliant with U.S. export restrictions, Reuters reported. Last month, it …
China imports over 1.4 million tons of bananas from Vietnam
Vietnam has become the second largest exporter of banana to China, behind only the Philippines, accounting for 28.2% of the total amount of bananas imported by the market, VOV News quoted figures of …
Thai-China trade group says alleged crypto fraudster has left board
A Chinese businessman who featured in a Reuters investigation into crypto-investment fraud is no longer a board member of a Bangkok-based trade group he had represented, the group said on Monday.
Italian luxury brand Prada looks to double China business in medium term
Prada is looking to double its business in key luxury market China, Chief Executive Gianfranco D’Attis said on Wednesday, even as the country faces slowing growth in luxury demand and significant …
(LEAD) China’s AliExpress vows investment to protect intellectual property of S. Korean brands on its platform
SEOUL, Dec. 6 (Yonhap) — Chinese e-commerce platform AliExpress said Wednesday it plans to invest 10 billion won (US$7.6 million) in South Korea over the next three years to better protect the …
TikTok owner ByteDance offers to buy back US$5 billion worth of investor shares as IPO prospects remain slim
The price offered to investors is similar to the US$160 per share offered to employees, which puts the company’s total valuation at US$268 billion In the second quarter, ByteDance’s China revenues …
China blue-chip stocks hit 5-year lows, yuan eases after Moody’s move
China’s economic recovery has shown signs of losing steam quickly after an initial burst in consumer and business activity at the start of the year, weighed down by an ailing housing market, local …
China’s exports slump seen slowing as pockets of demand emerge- Reuters poll
Declines in China’s exports likely slowed in November, a Reuters poll showed on Wednesday, amid mixed signs factories in the world’s second-largest economy may be finding their footing after a …
China’s AliExpress vows investment to protect intellectual property of S. Korean brands on its platform
SEOUL, Dec. 6 (Yonhap) — Chinese e-commerce platform AliExpress said Wednesday it plans to invest 10 billion won (US$7.6 million) in South Korea over the next three years to better protect the …