Business
China’s Rich and Famous Can’t Get Enough of Laopu Gold, Here’s Why
LONDON — China‘s middle class has been deep in the Labubu game this year, while those with much larger disposable incomes are embracing an…
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China
Business
Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ
AMAZON is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street…
News
Australia spy chief warns of China hackers probing networks
The Salt Typhoon and Volt Typhoon hacking groups work for Chinese government intelligence and the military Australia’s spy chief has…
Business
DBS CEO Tan Su Shan sees tech-led growth in China despite property slowdown
China’s push into deep technology and artificial intelligence is creating pockets of growth despite an uneven recovery in its property…
Business
Burger King to enter China joint venture, plans to double stores
The new joint venture, Burger King China, will receive US$350 million in investment CPE US fast-food chain Burger King will rapidly expand…
Unsorted
China's Galactic Energy fails Ceres-1 rocket satellite mission launch
Nov. 10 (UPI) -- A rocket by a private Chinese company saw its second failure on its planned orbital mission. On Sunday, the 62-foot-tall…
Business
Mongolian politician's remarks falsely subtitled as call for China integration
As resource-rich Mongolia's deepening political crisis showed no sign of ending, a video was shared in posts claiming it showed an…
Unsorted
Lululemon Celebrates Product Innovation and Joy of Movement With ‘Well-being Playground’ at CIIE
After creating a larger-than-life unrolled yoga mat for last year’s CIIE expo, Lululemon unveiled a “well-being playground” for this…
Business
China suspends ban on exports of gallium, germanium, antimony to US
China has suspended a ban on approving exports of “dual-use items” related to gallium, germanium, antimony and super-hard materials to the…
Business
Nvidia CEO Jensen Huang says AI chip sales to China are blocked for now
The company is not trying to revive efforts to get Blackwell AI chips to Chinese firms Nvidia chief executive officer Jensen Huang said…
Business
Netherlands ready to drop Nexperia control if China chip exports resume: sources
The Netherlands is prepared to suspend a so-called ministerial order that gave it control over Chinese-owned chipmaker Nexperia in a move…
Business
US to block Nvidia’s sale of scaled-down AI chips to China, The Information reports
THE White House has informed other federal agencies that it will not permit Nvidia to sell its latest scaled-down AI chips to China, The…
Unsorted
Nexperia says payment dispute led to supply break with China
The company cannot guarantee the quality or authenticity of its chips delivered from China after Oct 13 NEXPERIA suspended supplies to its…
Business
China commercial vehicle maker Qingling Motors debuts in Singapore with the EQ2 heavy truck
Automotive group Motorway and Qingling Motors will officially launch an electric heavy vehicle (EHV), the Qingling EQ2, on Friday (Nov 7).…
Business
Chinese banks edge out global rivals in financing Boyu Capital’s Starbucks China deal: sources
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion Chinese…
Business
Japan’s trading houses brace for more pain from China steel glut
The industrial metal is trading significantly above the US$9,900 per tonne that Marubeni is forecasting as its average for the next six…
Business
Nexperia says it halted supply after China unit refused to pay
Nexperia said that it suspended supplies to its China factory because the local unit refused to make payments, laying bare the internal…
Unsorted
China bans foreign AI chips from state-funded data centres: sources
The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use…
Business
Global private equity funds consider return to China as investors pivot from US
Private equity-backed deals targeting Chinese companies have totalled US$25 billion so far this year Global private equity partners are…
Unsorted
Volkswagen to develop chip for China smart cars with Horizon Robotics
The move would deepen the carmaker’s research and development capability ‘in China, for China’ Volkswagen said on Wednesday (Nov 5) that…
Business
Tesla’s China shipments drop for the eight time in 10 months
Tesla’s China factory shipments resumed their decline last month, adding weight to expectations the Elon Musk-led carmaker faces a…
Business
China accuses Netherlands of not working to fix Nexperia dispute
The resulting chip shortages have threatened to halt assembly lines and lead to worker furloughs in Europe [BEIJING/AMSTERDAM] China’s…
Business
China aims to revive steelmaking without ordering cuts to supply
Beijing seems to have committed to a more gradual tightening of the screws on steelmakers that would play out over years rather than…
Business
China Aviation Oil jumps over 4% on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) surged by more than 4 per cent on Tuesday (Nov 4) morning following word of a merger between Sinopec,…