Washington’s export controls limit TSMC from expanding its fab in Nanjing, China, potentially shifting business to local chipmakers like SMIC and Hua Hong. That’s according to Sravan Kundojjala of …
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China feels the ripple effect of US copper tariff trade
China’s net imports of refined copper dropped to a one-year low in July as the world’s largest buyer found itself in competition with the U.S. for metal.
China services PMI hits 15-month high to 53.0 in August, as new export orders surge
China’s services PMI climbed to 53.0 in August, up from 52.6 in July and above the expected 52.5. This marks the strongest growth since May 2024. The expansion was fueled by a significant increase in…
Robotics maker Unitree to file IPO documents in fourth quarter for likely mainland listing
The statement came after hobbyists and military fans showed off videos of quadruped robots fitted with machine guns.
TSMC, like South Korean rivals, has US fast-track export status for China revoked
Washington has revoked TSMC’s fast-track status for U.S. chip manufacturing equipment exports to its main plant in China – a move that comes days after revocations of the same privilege for South Korean chipmakers.
China to build land-based ‘Suez Canal’ to connect Europe and Asia, bypassing shipping routes
China is quietly building alternative routes to help it export goods to Europe, without passing through its South Sea, to avoid tensions with the United States and its allies in the region.View on eur
Kaiyi Automobile Congratulates Chery Group on Exceeding 129,000 Exports in August, Continuing to Lead China’s Automobile Export Market
As a leading enterprise in independent brands, Chery Group recently announced impressive sales figures: in August, 242,736 vehicles were sold, marking a year-on-year increase of 14.6%. Sales of new …
China’s services activity growth hits 15-month high in August, private PMI shows
China’s services activity expanded at the quickest pace in 15 months in August, buoyed by firmer demand at home and a rebound in foreign orders, a private-sector survey showed on Wednesday. The …
The Trump Administration Just Closed the De Minimis Import Tax Exemption. Here’s What That Means for Your Wallet.
If you’re wondering why the prices of items that have been sitting in your shopping cart online are rising, the expiration of the de minimis tax exemption on Friday is one possible explanation.
Chinese billionaire Jack Ma is investing in crypto despite Beijing’s hard ban
Jack Ma’s Yunfeng Financial Group is listed in Hong Kong, which allows it to make crypto-related disclosures to the Hong Kong Stock Exchange. That’s how Ma can indirectly accumulate Ethereum without …
China turns crypto-curious
How might China respond? With some disquiet. China has long sought to end its dollar dominance. At a summit of the Shanghai Co-operation Organisation in Tianjin on September 1st, the organisation’s …
Why China Is Trying to Tame Its Electric Car Frenzy
Beijing has run out of patience with companies slashing prices, and is urging restraint. But fierce competition is also producing a surge of innovation.
Many US firms in China are staying put as ‘least risky option’
MANY American companies that operate in China are staying put, as half of a dozen business leaders and business groups said in interviews that’s the least risky option, citing the United States tariff …
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