U.S. and China Near Deal to Restructure TikTok
WASHINGTON — The United States and China have agreed in principle to a framework that would allow TikTok to continue operating in the U.S. under new ownership, American officials confirmed. The move, they said, would put TikTok’s U.S. business largely … Continue reading U.S. and China Near Deal to Restructure TikTok
Beijing Orders Big Tech to Drop Orders of Nvidia
BEIJING — China has formally ordered its major technology firms, including ByteDance and Alibaba, to cancel existing orders for Nvidia’s RTX Pro 6000D AI chips and to immediately halt all testing of the devices, according to multiple reports including the … Continue reading Beijing Orders Big Tech to Drop Orders of Nvidia
Trump Pushes EU to Impose 100% Tariffs on China
WASHINGTON – President Donald Trump has urged the European Union to impose tariffs of up to 100% on imports from China and India—major buyers of Russian oil—in an effort to squeeze Moscow financially and force President Vladimir Putin to negotiate … Continue reading Trump Pushes EU to Impose 100% Tariffs on China
JD.com Signals Bold Entry Into Europe
BERLIN – JD.com, China’s largest retailer by revenue and one of the world’s fastest-growing e-commerce and logistics players, used its first-ever European keynote address at IFA Berlin 2025 to make a clear statement: the group is preparing a major push into … Continue reading JD.com Signals Bold Entry Into Europe
BYD Shares Slide Amid Profit Decline
BEIJING/HONG KONG – BYD, the world’s top electric vehicle (EV) maker, saw its shares tumble as much as 8% in Hong Kong trading Monday, after unveiling its first quarterly profit decline in over three years. The company attributed the slump to … Continue reading BYD Shares Slide Amid Profit Decline