China

China tech groups lead multibillion-dollar campaign to help exporters sell at home

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Ecommerce giants Alibaba, JD.com and Pinduoduo are leading Chinese internet groups in launching multibillion-dollar initiatives to help traditional exporters switch to domestic sales, as part of a national campaign to cushion … Read more

China stops buying liquefied gas from the US

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s imports of US liquefied natural gas have completely stopped for more than 10 weeks, according to shipping data showing how the Sino-American trade war has spread to energy co-operation. Since a 69,000-tonne … Read more

House China panel head urges JPMorgan and Bank of America to halt work on CATL listing

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The chair of the House China panel has urged JPMorgan Chase and Bank of America to halt work on the Hong Kong listing of Chinese battery maker CATL, in a further … Read more

China seeks reset with EU amid Donald Trump’s trade war

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Chinese officials and businesses are seeking a rapprochement with the EU amid Donald Trump’s trade war, but the bloc remains deeply sceptical of becoming a dumping ground for goods diverted from the US. Beijing is looking to deepen ties with the world’s largest trading bloc with the hope of finding alternative markets for … Read more

Nvidia blindsided by Trump’s curbs in multibillion-dollar blow to China sales

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Nvidia has been caught by surprise by Donald Trump’s new export controls on its best-selling artificial intelligence chip in China, leaving the chipmaker and its clients to assess the damage caused … Read more

Tech stocks sink after Nvidia reveals hit from US curbs on sales to China

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Tech stocks led a Wall Street sell-off on Wednesday after chipmaker Nvidia revealed that new US controls on sales to China would wipe billions of dollars from its earnings, dragging its peers sharply … Read more

Nvidia to take $5.5bn hit as US clamps down on exports of AI chip to China

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia has said it expects to take a $5.5bn blow after the US clamped down on the Silicon Valley group’s ability to export artificial intelligence chips to China. The group said in a … Read more

China holds cards in US tariff stand-off

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] The US and China are locked in a dangerous trade stand-off, with the world’s two largest economies trading tit-for-tat blows as Donald Trump demands Beijing seek a deal from his administration. China relies on the US as an almost irreplaceable market for its manufactured goods, but experts warn that Washington should not underestimate … Read more

China says ‘sky won’t fall’ as exports surge ahead of Donald Trump’s tariffs

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world China’s exports surged last month in a sign of a rush to dispatch shipments before Donald Trump’s “liberation day” tariffs triggered a full-blown trade war between the world’s two largest economies. … Read more

China is well positioned to weather Trump’s trade war

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https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is founding partner and head of research at Gavekal Dragonomics A week of tariff trauma has left the world economy not much worse off than it was on President … Read more

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