Nvidia (NVDA) stock fell as much as 3.6% premarket Monday after a report from Reuters said Chinese tech giant Huawei is set to begin shipping advanced AI chips as soon as next month after Trump’s…
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Chagee Holdings’ IPO Offers A Compelling PEG Proposition
Chagee Holdings’ IPO surged over 15%, highlighting its rapid growth with 6,440 teahouses and strong sales. Check out what makes CHA stock a strong buy.
Chinese garment factories that supply Shein shut down amid Trump tariffs: ‘There are only risks to doing business with the US now’
Businesses located in Guangzhou’s Panyu district, home of once-bustling workshops that supply the Chinese fast-fashion giant Shein, have gone quiet.
China’s CNOOC agrees LNG deal with UAE’s Adnoc amid tariff war with US
China National Offshore Oil Company has agreed a term deal to buy liquefied natural gas from Abu Dhabi National Oil Corp (ADNOC), the third supply contract the Middle Eastern energy exporter signed …
China to roll out stimulus as trade war drags and rates stay frozen
China kept its benchmark lending rates unchanged on Monday for the sixth month in a row, locking in the one-year loan prime rate at 3.1% and the five-year …
China to import more Indonesian products, foreign minister says
China is willing to import more Indonesian products, Foreign Minister Wang Yi told his Indonesian counterpart on Monday, describing the two countries as “defenders of economic globalisation and free …
India to put 12% temporary tariff on steel to curb cheap China imports, source says
India is set to impose a temporary tariff, known locally as safeguard duty, of 12% on steel imports, said a government source with direct knowledge of the matter, to try and curb a surge in…
China’s CATL launches new sodium-ion battery brand
China’s CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, which it said would go into mass production in December, and a second generation of its fast-charging battery for …
Trump tariffs: China returns new ‘expensive’ Boeing aircraft as 125% import duty prevails on all US imports
A Boeing 737 Max, which was set to be added to the Xiamen Airlines fleet, returned to Boeing’s Seattle airbase after high tariffs of US imports into China prompted the higher costs of purchasing the…
China’s Export-Led Growth Exposes Economy to Steeper Tariff Hit
China’s stronger-than-expected growth in the first quarter masks a key vulnerability: a growing dependence on foreign demand, which increases the threat of a sharper economic hit as trade tensions …
At China auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’
More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition in the …
China Slashes US Commodities Purchases as Trade Tensions Worsen
China sharply reduced imports of many US commodities last month, in some cases to zero, as the trade war between the world’s two biggest economies intensified.
China Stops Imports of US LNG Amid Trade War, Custom Data Shows
China’s purchases of US liquefied natural gas plunged to zero in March after a sharp decline in the previous two months, as the trade war between the two biggest economies alters shipping routes.