US senators have introduced a bill to stop batteries being purchased from six Chinese companies, amid concern domestic power grids could be destabilised, after rogue devices were found in Chinese solar power inverters
Analysts say countries in Southeast Asia like Vietnam, Thailand and Malaysia, plus Mexico, who are part of the China-plus-one supply chain, will need to make better deals with Washington.
State media have hailed the big tariff cuts agreed with US officials as a result of Beijing's tough countermeasures and negotiating skills; shipping companies expect cargo loads to 'explode' in coming months
If the battery-maker's listing goes through as it plans, it would be the largest globally so far for the year
Industry sources expect Beijing to ease process for US firms to get export licences for rare earths, while Australia is looking to set up a strategic reserve stockpile of critical minerals
Asian markets rose, while the yuan and the dollar both surged after China and the US both said they have agreed to slash tariffs for 90 days
Nvidia will downgrade its H20 chip for China, with specifications that will slash its memory capacity, but a source said customers may also be able to adjust the new chip
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.