US attempts to manipulate semiconductors to ruin sector
The US, Mexico, and Canada on Tuesday pledged to ramp up the development of semiconductor supply chains in North America, according to an official document released by the White House…
Qin Gang meets AUC chairman; both sides show confidence in prospects of China-Africa relations
Chinese Foreign Minister Qin Gang is paying his first foreign visit to Africa, with his first stop in Ethiopia, and this also marks the 33rd consecutive year that Africa has…
China’s foreign trade withstands headwinds, sets new record in 2022: official
Softening demand overseas may impact trade growth this year: expert Facing a complex global environment, China's foreign trade has withstood the test of major risks and demonstrated strong resilience over…
Commercial banks reducing interest rate
Kathmandu, Jan 12 : Commercial banks are reducing the interest rate for the month of Magh (from January 15- February 12). A meeting of the Nepal Bankers' Association, an umbrella…
Chinese companies resume Australian coal imports; first batch to arrive in Feb: insider
Chinese steel companies have recently started resuming coal imports from Australia, as part of efforts to diversify sources of supplies and stabilize import prices, an industry insider close to the…
US steps up pressure on allies over chip ban, but to no avail
US Ambassador to Japan Rahm Emanuel said the US is in discussions with Japan, the Netherlands and South Korea over restricting semiconductor exports to China, and it needs all parties…
Smearing Chinese economy won’t help US tackle its own woes
No matter how China adjusts its epidemic prevention and control measures, some in the US always seem to find ways to misinterpret them as posing uncertainty to global supply chains.…
S.Korean firms can’t deny cooperation trend despite challenges
About half of the South Korean companies in China said their sales and profits are likely to have decreased in 2022 due to reduced local demand, fierce market competition and…
US chip restrictions on China to harm Japanese companies
Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura is set to visit the US from Thursday to discuss issues such as cutting-edge semiconductor technology cooperation as well as US…
Chinese stocks mount solid recovery on first trading day of 2023 amid optimism for economic rebound
Chinese stocks both on the mainland and in Hong Kong made solid gains on Tuesday, the first trading day of 2023, after overcoming earlier losses, with certain indexes pointing to…