China’s recent proposal to launch a digital identity system for users of online virtual worlds could restrict one of the world’s largest markets from adopting Web 3 and crypto in a permissionless way.
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U.S. and China Agree to Broaden Talks in Bid to Ease Tensions
Ms. Raimondo said on Monday night that she had an “open” and “pragmatic” discussion with Mr. Wang, and that she had raised the American business community’s concerns about China’s recent actions against Intel and Micron…
US-China Stability Is ‘Profoundly Important,’ Raimondo Says
US Commerce Secretary Gina Raimondo stressed the importance of strong economic ties between the world’s biggest economies on a visit to Beijing, saying if done right, it could help stabilize political …
BYD unit buys US firm Jabil’s mobile parts business in China for $2.2 billion
Chinese automaker BYD said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc to buy its mobile electronics manufacturing business in China for 15.8 billion yuan …
Terry Gou Says Apple, Tesla Links Mean China Can’t Pressure His Business
Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include much of Apple Inc.’s supply chain — in comments that came as he said he’d …
Chinese stocks jump after Beijing cuts levy for first time since 2008
The stamp duty cut and IPO slowdown mark the latest attempt by Beijing to reinvigorate Chinese markets, which have completely reversed net foreign inflows spurred in late July by vows of greater …
Top Chinese Brands Abroad
China has a large car market with 170 different brands, but only a few have potential abroad. The top five Chinese brands with high potential are MG, BYD, Geely/Zeekr, NIO, and Baojun/Wuling via …
BYD unit buys US firm Jabil’s China mobility business for $2.2 billion
Chinese automaker BYD said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc to buy its mobility business in China for 15.8 billion yuan ($2.2 billion). The deal …
Jabil to sell China manufacturing business in $2.2B deal
Jabil (JBL) said Chinese electric vehicle maker BYD Electronic (BYDIF) (BYDIY) agreed to acquire its mobility business in China for ~$2.2B.
Asia’s crypto industry has been real busy this week
It’s been a whirlwind of a week for the Asian crypto industry. Every time you think the cryptoverse has exhausted its supply of adrenaline-pumping news, Asia steps up to the plate and says, “Hold my…
What the U.S. commerce chief is talking about with China
The latest buzz in international politics centers around the U.S. Commerce Secretary Gina Raimondo’s recent trip to Beijing. Intending to bridge the widening gaps between the two economic behemoths, …
EV maker BYD buys US firm Jabil’s China manufacturing business for $2.2 billion
(Reuters) -Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc’s Singaporean unit to buy its product manufacturing business in China …
Biden admin seeks to boost tourism, trade with Raimondo’s China visit
Commerce Secretary Gina Raimondo is on a four-day trip aimed at boosting trade ties between the U.S. and China amid economic and geopolitical disputes between the two countries.