Europe’s trade chief will push Beijing for fewer restrictions on European businesses on a four-day visit to China, when he can expect tough conversations over a planned EU investigation into electric …
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Shein shifts shipping strategy to bring China-made goods closer to US shoppers
E-commerce giant Shein is sending more low-priced apparel and home goods to U.S. warehouses from China to speed up shipping times for shoppers, according to data from global trade analysis firm …
China suffers worst capital flight in years, but could it pump Bitcoin?
Bitcoin (BTC) could see substantial inflows from China within the next few months, argues Matrixport’s head of research Markus Thielen.
Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks
In 2020, regulators took over Xinhua Trust and New Era Trust — two of China’s 68 licensed trust firms at the time — for what it called “illegal business operations.” Three years later, Xinhua became…
China’s Economic Worries Spur a Different Kind of Shopping Spree
China’s economy is struggling, but one line of business is booming: selling insurance in Hong Kong to travelers from mainland China. In recent months, mainland tourists have packed the offices of Hong …
US Firm AXT Says China Unit Has Initial Export Permits for Key Chipmaking Metals
BEIJING (Reuters) – U.S. semiconductor wafer maker AXT Inc said its Chinese subsidiary Beijing Tongmei had received initial export permits for shipping gallium arsenide and germanium substrates – …
Vivek Ramaswamy rolls out trade policy to separate US from China
Republican presidential candidate Vivek Ramaswamy laid out his trade platform at a Thursday speech in Ohio, touting it as a declaration of economic independence from China that will revive …
Hong Kong investigates popular crypto firm for fraud
About 2,000 investors lost money on the JPEX platform which was advertised on Hong Kong’s metro.
China’s Ultra-Rich Gen Zs Flock Home as Global Tensions Rise
For years, the Harvard College China Forum brought business moguls en masse to the university’s oak-paneled rooms, including Alibaba Group Holding Ltd. founder Jack Ma, Xiaomi Corp.’s Lei Jun, …
China’s cryptocurrency-mining crackdown spreads to Sichuan – Reuters.com
REUTERS/Edgar Su/Illustration Acquire Licensing Rights SHANGHAI/HONG KONG, June 19 (Reuters) – China’s crackdown on cryptocurrency “mining” has extended to the southwest province of Sichuan, where …
Intel sees massive demand for AI chips designed for China amid LLM boom and US export curbs, report says
Sales of Intel’s Gaudi2 processors, which are tailor-made to comply with US trade restrictions, have been strong since their launch in July, according to Taiwanese media.
GGV splits off China business following congressional panel probe
GGV, the 23-year-old U.S. venture capital firm with a storied track record in China, is splitting into two branches as escalating geopolitical tensions continue to push for decoupling between the …
CEO: ‘I’m the One Who Paid the Tariffs. China Did Not.’
When then-President Donald Trump imposed huge new tariffs on a wide range of imports from China in 2018, it was entrepreneurs like Deena Ghazarian who paid the price. Ghazarian had launched Austere …