China - Page 6

21/03/2025

General Motors loses US$5 billion in business in China

Transitioning to electric vehicles has proven costly for U.S. automakers, even those with operations in China. General Motors issued a warning to shareholders on Wednesday, signaling how painful and tricky the transition could become given geopolitical tensions and competition between the world's two largest economies. The U.S. automaker said it would record two non-cash
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21/03/2025

China May Acquire Grains From Brazil, Australia, if Tariffs Drag Out

If a profession offer can not be gotten to in between the globe’s 2 biggest economic climates, enforcing a big quantity of united state tolls will certainly improve worldwide profession, while China and the globe’s leading farming importer China will certainly purchase even more meat, milk and grains from manufacturers in South America, Europe
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21/03/2025

China Technology Giants Lift Nvidia Chip Orders Amidst Trump Curbs Talk

China’s 3 biggest modern technology teams have actually increased orders for NVIDIA chips specifically developed for China after the success of DeepSeek, in the middle of conjecture that the Trump management aspires to reinforce export constraints. Tencent, Alibaba and monster NVIDIA’s H20 chips “considerably enhance” orders – Abide by the 3rd round of export
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20/03/2025

China Scrambles to Boost the Yuan and Moving Markets

China’s reserve bank has actually tipped up initiatives to support the yuan, which has actually been up to its cheapest degree in 16 months. Chinese supplies were additionally active on Monday, enhancing markets that had actually been moving as capitalists stressed over Donald Trump’s go back to the united state presidency and his hazards
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20/03/2025

Alibaba Shares Dive 14% as China Technology Supplies Draw a Hot Touch

Alibaba-listed supplies increased greater than 14% on Friday because of the launch of AI Design DeepSeek. Alibaba’s supply has actually remained in energy the following day as it increased 10% behind experts’ quotes of third-quarter income. The Chinese ecommerce titan’s strategy to purchase ecommerce and expert system has actually likewise increased capitalist view. Likewise
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20/03/2025

10% China Tariffs by Feb 1, EU to Likewise ‘Obtain Justness’

United State Head of state Donald Trump alerted once more on Tuesday that his management was taking into consideration enforcing tolls on China and the European Union. He stated his leading authorities are going over enforcing a 10% toll on Chinese imports since fentanyl is delivered from China to the USA via Mexico and
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