The action comes after units of SRE failed to pay 4.45 billion yuan (US$627 million) in debts, the company said in a Hong Kong filing.
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China would love a domestic Nvidia rival — but that’s proving quite the challenge
Chinese firms face a number of challenges in trying to rival Nvidia including contending with U.S. export restrictions and a lack of tech expertise.
The US Navy is planning for possible war by 2027, when China expects it will be ready to invade Taiwan, US admiral says
Adm. Lisa Franchetti outlined a seven-goal plan for 2027, which Washington has repeatedly said is Xi Jinping’s target for readying China’s military.
U.S. IPO Weekly Recap: 3 Biotechs Lead Active September IPO Market
Six IPOs debuted this past week, including three deals of more than $100 million. Seven IPOs submitted initial filings.
China aircraft lessor orders 50 737 MAX jets in major boost to Boeing
China Development Bank Financial Leasing said its aircraft leasing unit would order 50 Boeing 737 MAX 8 jets, in a boost to the planemaker that has been grappling with a slowdown in Chinese orders and…
China Ends Tariff Exemptions on Some Taiwan Agricultural Imports
China will remove its tariff exemptions on some agricultural products imported from Taiwan as Beijing continues to ramp up pressure amid growing tensions with the island.
Award honoring top 50 Asian Americans in business
An awards ceremony recognizing the top 50 Asian Americans in business took place in New York on Wednesday, advocating Asian American economic and business contributions and a celebration of business …
China’s failing US lobby playbook puts tech companies in jeopardy
China argues its companies are being unfairly targeted, saying the US is using a broad definition of national security to suppress foreign businesses …
Gasoline Exports From China Decline as Flows Seen Loss-Making
Gasoline exports from China fell to the lowest since April due to a plunge in margins and quota that is fast running out. Cargoes of the fuel fell to 770,000 tons last month, according to…
China’s ultra-rich population soars by 108% over the past decade
The US and China are set to outperform global ultra-wealthy growth rates by 2040, while emerging cities in Asia and the Middle East are becoming new wealth hubs.
China the top challenge in US history, top diplomat says
CHINA presents the top challenge to the United States in all of its history, surpassing the Cold War, a top US official said on Wednesday, as he urged Europe to get tougher on Beijing. Read…
Kamala Harris Understands Tackling Climate Change Is Good Business | Opinion
Our choice in November will determine whether the United States leads—and benefits from—the economy of the future.
‘Crecimiento’ Movement Seeks To Make Argentina A Crypto Hub
The Crecimiento movement has united Argentina’s crypto pioneers and global players behind a shared vision of turning the country into a hub for crypto innnovation …
