Though it had not previously seemed like China was on track to meet those goals, the country’s newly invigorated push now leaves the outcome more up in the air. Report reveals China is reaching a…
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Nvidia slides on report of delays in launch of new AI chips for China market
Reports suggest Nvidia may delay that launch of an AI chip designed for customers in China until early next year.
Justin Sun-Linked HTX Resumes Services Following $30M Exploit; Crypto Exchange Hacked Twice In 2023
HTX, the cryptocurrency exchange linked to Justin Sun, who serves as its adviser, has restored its services after becoming a victim of a hack for the second time since rebranding from Huobi. The hack …
China an important market for global IPO activity
It said the Shanghai and Shenzhen stock exchanges are expected to rank top 2 global bourses by IPO proceeds this year. As of November, four IPOs from the A-share market were among the global top…
EV maker Leapmotor targets European markets next fall, as exports provide ‘safety valve’ for China’s production
EV maker Leapmotor plans to start exporting to Europe in the third quarter next year, joining domestic peers BYD and Geely in targeting overseas markets …
China eases export controls on compound semiconductors, bringing relief to LED makers
China’s recent relaxation of export controls on semiconductor materials like indium and germanium, effective from November 1, has alleviated the challenges faced by LED makers such as industry player …
Forvia bolsters its China position as EV brands stumble
The French interiors and lighting supplier is spreading out its business in the Chinese EV market to steer through a shrinking sector.
China Allows French, German Citizens to Enter Visa Free
China will allow citizens from countries including France, Germany and Italy to enter the country without a visa as Beijing takes another step toward opening up and facilitating more cross-border …
I China’s cotton yarn imports totaled 159.2kt in Oct
I China’s cotton yarn imports totaled 159.2kt in Oct. According to China customs, China imported a total of 159,200 tons of cotton yarn in Oct 2023, a decrease of 15,900 tons comp …
British AI chip darling Graphcore pulls out of China as Nvidia rival becomes latest casualty of US export curbs
British graphics processing unit maker Graphcore, once seen as a potential Nvidia rival, said all of its top-line products fall under Washington’s new export rules.
Binance US guilty plea complicates Hong Kong affiliate’s crypto licence application
Binance and its founder Changpeng Zhao’s guilty plea to US anti-money-laundering laws may present hurdles to the cryptocurrency exchange’s plans to gain a legitimate foothold in Hong Kong, industry …
French foreign minister says France ‘committed’ to dialogue with China
France is committed to dialogue with China, French Foreign Minister Catherine Colonna said on Friday, affirming ties after a European Union anti-subsidy probe backed by Paris into Chinese-made …
Report preview: How Gen Z consumers in China are redefining hard luxury
Adapting to a new demographic and localizing are the keys to success for luxury brands seeking to engage younger buyers in China.