Tag: china
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China Urges Local Companies to Stay Away From Nvidia’s Chips
(Bloomberg) -- Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence chips instead of Nvidia Corp. products, part of...
After China meeting, Blinken says Beijing’s talk of Ukraine peace ‘doesn’t add up’
By Humeyra Pamuk, Simon Lewis and David BrunnstromNEW YORK (Reuters) -U.S. Secretary of State Antony Blinken underscored strong U.S. concerns about China's support for...
Why Nio Stock Surged More Than 20% This Week
Nio (NYSE: NIO) shares have been soaring this week. China has a plan for accelerating growth, and the electric vehicle (EV) maker could be...
A Little Good News for Nio Investors
The future of the automotive industry is almost certainly electric vehicles (EVs), even if growth has been slower than once anticipated. An even more...
China fines influencer agency Three Sheep US$9.8 million for ‘made in Hong Kong’ mooncakes
China has slapped Three Sheep Group with a 69 million yuan (US$9.8 million) penalty after the company founded by one of the country's top-earning...