China
Tencent bets its China WeChat and gaming expertise will help it win cloud business in Europe
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent has spent years evolving into a gaming and social media giant in China and in the process, has built up its cloud computing capabilities. […]
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Why aren’t Chinese consumers spending enough
Key Points China’s consumer spending shows little sign of picking up soon. Analysts point to one main factor: stagnant income. Chinese consumers are also turning to lower-priced products, or moving away from big cities to places where the cost of living is lower. Source
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India moves to tap its rare earth reserves. Experts say it could become an alternative to China
Indian Rare Earths extracts rare earth elements from beach sands in Kerala, India. Pallava Bagla | Corbis News | Getty Images India, like many countries, is facing China’s restrictions on rare earth exports — and it wants to develop its own domestic supplies. Experts say it could become an important alternative to China for partners […]
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Asia-Pacific markets fall after reports of Israeli military strikes on Iran
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets traded mixed Friday as reports of an Israeli military strike on Iran kept investors jittery after Wall Street gained on solid U.S. economic data. Japan’s benchmark Nikkei 225 fell 1.28% while […]
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Most retail executives expect Trump to walk back ‘reciprocal’ tariffs, survey finds
A container truck and shipping containers are shown at the Port of Los Angeles, in San Pedro California, U.S., May 13, 2025. Mike Blake | Reuters Even retail executives are bullish on the “TACO trade.” Following weeks of shifting trade policy, early deals and winding court challenges, some retail executives are starting to feel more […]
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Huawei ‘has got China covered’ if the U.S. doesn’t participate, Nvidia CEO tells CNBC
If the U.S. continues to impose AI semiconductor restrictions on China, then chipmaker Huawei will take advantage of its position in the world’s second-largest economy, Nvidia CEO Jensen Huang told CNBC Thursday. “Our technology is a generation ahead of theirs,” Huang told CNBC at the sidelines of the Viva Technology conference in Paris. However, he […]
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Trade tensions aren’t stopping Chinese companies from pushing into the U.S.
Key Points Shenzhen-based camera company Insta360 went public Wednesday on Shanghai’s tech-heavy STAR Market in the board’s largest raise to date. The company counts the U.S. as one of its biggest markets, contributing roughly the same amount of revenue as mainland China and Europe. It’s a sign of how China-based companies are still eager to […]
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Tariffs are the biggest macroeconomic concern for two in three investors, poll finds
Mounting trade tensions and tariffs have become the single biggest worry for global investors, overshadowing all other economic risks, a new survey shows. Nearly two-thirds (63%) of institutional investors and wealth managers identified trade levies as the most significant macroeconomic concern impacting their strategy, according to a survey published by British investment manager Schroders. The […]
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China’s racing to build its AI ecosystem as U.S. tech curbs bite. Here’s how its supply chain stacks up
Chip engineer handling a wafer. Compared to Nvidia’s export-restricted chips, the performance gap between Huawei and the H20 is less than a full generation,” said Dylan Patel, founder, CEO and chief analyst of SemiAnalysis. Sinology | Moment | Getty Images With the U.S. restricting China from buying advanced semiconductors used in artificial intelligence development, Beijing […]
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Asia-Pacific markets trade mixed as investors assess Trump claims of ‘done’ deal with China
Hong Kong. Kowloon. Busy street in Mong Kok District. Acavalli | E+ | Getty Images Asia-Pacific markets traded mixed as investors assessed U.S. President Donald Trump’s declaration that a trade deal with China was “done.” Chinese imports would invite 55% tariffs, Trump suggested. Commerce Secretary Howard Lutnick confirmed that tariffs on China will stay at […]
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