China, which supplies the vast majority of the world’s humanoid robots, has suddenly been cut off from its largest export market as the US government moves to curb its reliance on foreign technology.
China’s reported chip breakthrough comes with some big caveats
China is reportedly producing a key chip tool in a market dominated by ASML. But analysts questioned China’s ability to compete with the Dutch giant.
China in touch with Yemen’s Houthis to allow ships to sail through Red Sea, sources say
By Jonathan Saul, Parisa Hafezi, Timour Azhari and Chen Aizhu LONDON/DUBAI, July 28 (Reuters) – China has held direct talks with Yemen’s Houthi movement to enable its tankers to sail through the …
ASML Stock Keeps Sliding On China’s Latest Chip Advance — Why BofA Calls Selloff An ‘Overreaction’ And Sees Over 70% Upside
The brokerage says China’s progress in DUV lithography poses only a limited financial risk and sees the recent selloff as a buying opportunity.
China’s chip tool push shows ASML caught in US-China squeeze
By Toby Sterling AMSTERDAM, July 28 (Reuters) – China’s launch of a homegrown type of advanced lithography chip printing machine is spotlighting how European chip tool maker ASML, whose recent share …
China hits back at criticism over excess industrial capacity as more US tariffs loom
China pushed back Tuesday against claims of overcapacity in the world’s second largest economy, ahead of the release of results of a U.S. probe on the matter that could result in new tariffs. Massive …
China targets offshore trusts with new tax rules
Personal income tax will be charged on gains in asset values – such as shares and real estate – when these assets are first placed into offshore trusts.
China’s exports are so huge they’re now lowering inflation in other countries
A discrepancy between China’s export data and U.S. import data is “not because ships are sinking mid-Pacific,” notes UBS’s Paul Donovan.
China is rebuilding its grip on North Korea. Is Kim Jong Un ready to oblige?
DANDONG/SEOUL/SINGAPORE–When Kim Jong Un arrived by armored train in Beijing for a military parade in September, the pageantry signaled a thaw in one of the world’s most important relationships after …
China exploring reforms in housing sales system to revitalize property sector
BEIJING – China is pursuing reforms in its housing sales system with a shift from the traditional pre-sales practice — homes being sold before construction is complete — as part of a broader effort …