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US Senators Warn Nvidia CEO Jensen Huang Against Meeting Chinese Military-Linked Firms During China Trip
Two prominent U.S. senators have urged Nvidia CEO Jensen Huang to avoid meetings with Chinese companies suspected of undermining U.S.…
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Chinese
Business
Chinese banks stumble on Beijing’s consumer lending push
Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on…
News
Who Is Xu Zewei? 33-Year-Old Chinese Hacker Arrested in Italy for COVID-19 Research Espionage Using Microsoft Server Exploit
In a major move against cybercrime, U.S. officials have confirmed the arrest of 33-year-old Chinese national Xu Zewei in Milan, Italy, on…
Business
Chinese property shares surge on unverified reports of meeting to revive sector
A gauge of Chinese property shares jumped the most in nearly nine months, fuelled by speculation a high-level meeting will be held next…
Business
Chinese tycoons are turning Indonesia into an aluminium giant
[LONDON/SINGAPORE] Chinese tycoons are turbo-charging Indonesia’s aluminium industry with multi-billion dollar projects that rival the…
Business
Two Chinese chip firms plan 12 billion yuan IPOs, bet US export curbs to spur growth
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public…
Business
Chinese automakers grab record hybrid market share in Europe
Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the…
Business
Chinese money fires up Hong Kong shares
[SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in…
Business
Mystery US$33 billion Chinese medicine fortune collapses in days
When Yat-Gai Au was worth US$33 billion on paper, he was not in his Hong Kong office. One week later, when his net worth plunged to…
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Malaysia keeps anti-dumping duties on some Chinese, Japanese iron, steel
Malaysia said on Saturday (Jun 21) it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils of iron and…
Business
Fidelity, BlackRock target Chinese demand for offshore funds
Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according…
Business
CEO’s wealth hits US$33 billion as unprofitable Chinese medicine firm’s stock soars
A blistering rally in a tiny, money-losing traditional Chinese medicine company’s stock has vaulted its founder’s net worth to among the…
Business
Chinese firms may join group seeking to buy Li Ka-shing’s ports: sources
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li…
News
Chinese automakers pledge to make payments to suppliers within 60 days
Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a…
News
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers…
Business
Tencent Music to buy Chinese audio platform Ximalaya for US$2.4 billion
Ximalaya counts Tencent, Baidu and Sony Group’s music entertainment unit as backers Chinese music platform Tencent Music Entertainment…
Business
Xiaohongshu joins wave of Chinese firms releasing open-source AI models
Xiaohongshu, also known as Rednote, one of the country’s most popular social media platforms, has released an open-source large language…
Business
Chinese managers take reins at TikTok Shop in US as sales miss goal
ByteDance, TikTok’s parent company, has been replacing US-hired staff near Seattle with managers connected to China, aiming to replicate…
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Enhancing Scrutiny of Chinese Foreign Students Is Essential for National Security
It’s not normal to have hundreds of thousands of students from an adversary nation able to commit acts of surveillance, sabotage, and…
News
What is Fusarium Graminearum? The Toxic Fungus a Chinese Couple was Caught Smuggling into Michigan Lab in Agroterrorism Attempt
Two Chinese nationals were intercepted as they tried to smuggle a dangerous agricultural pathogen into the United States. According to…
Business
More Chinese corporates eyeing deals in Asean, secondary listings on SGX
Chinese corporates are increasingly looking for deals in South-east Asia amid rising uncertainty from US trade policies, said Jason Saw,…
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U.S. charges Chinese couple with smuggling fungus that could be 'potential agroterrorism weapon'
Two Chinese nationals were charged Tuesday with conspiracy to smuggle into the United States a fungus with potential use as a terror…
News
Chinese National Jailed in Singapore for Offering S$50 Bribe to ICA Officer After Being Caught with Contraband Cigarettes
A 29-year-old student as sentenced to four weeks' jail on Friday, May 30, after she pleaded guilty to offering bribe of least $50 to an…
Business
US warns Pirelli risks restrictions due to Chinese investor
The US government warned Italy’s Pirelli & C that vehicles containing its advanced sensors technology could be restricted from sale in…