Panel production costs in the world's largest producer of solar energy have declined a whopping 42% from year ago, dropping as low as 15 cents per watt
The closed-door annual meeting is closely watched by investors looking to gauge China’s policy and reform agenda
Persistently sluggish demand has raised the spectre of wide-scale deflation amid mounting local government debt and an ailing housing market
The state-backed fund is looking to support various elements of the semiconductor supply chain, including “design, equipment, components and raw materials,” state media says
US Commerce Secretary warns chip sector that Washington is set to “transform” its approach to export controls to stop firms like Nvidia from innovating specifically for the Chinese market
A bill requiring US companies to notify federal agencies of investment in Chinese technologies is opposed by a key lawmaker who believes Washington needs to invest more in its rival
“Passive investment will likely outpace active investment in China over the next three to five years at least,” one investment manager said
The spike in infections poses fresh risks for the Chinese economy which is still struggling to emerge from the economic hit from two-years of of Covid-related lockdowns and restrictions
Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year
News of the delay follows analysts concerns around Nvidia’s plan to introduce three new chips for China, as developing new chips can be highly resource-intensive
The People's Bank of China said the deal "will help strengthen financial cooperation" and "expand the use of local currencies"
While the Chinese president’s US visit didn't do much to ease the weight of Washington's chip sanctions on the world's second-largest economy, it did manage to score several brownie points