China
Huawei chips are one generation behind U.S. but firm finding workarounds, CEO says
Logo of Huawei at the Mobile World Congress 2024. Ramon Costa | SOPA Images | Lightrocket | Getty Images Huawei Technologies’ chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and […]
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CNBC Daily Open: If U.S.-China talks go well, analysts think the S&P 500 could hit new high
U.S. Treasury Secretary Scott Bessent (center) at Lancaster House in London, U.K., on Monday, June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. At the top […]
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China’s homegrown coffee giants are brewing up a U.S. expansion
Chinese beverage chains are redefining coffee culture in the country — and now they’re trying to win over customers in the U.S. and beyond. Luckin Coffee, China’s largest coffee chain, has expanded aggressively in China and overtaken Starbucks on the mainland, with more than twice as many outlets. Following an accounting fraud scandal that got the company […]
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Stock futures are little changed as investors await details on U.S.-China trade policy: Live updates
Traders work at the New York Stock Exchange on June 4, 2025. NYSE Stock futures are near flat on Monday night as investors waited for more insight on trade discussions between the U.S. and China. Dow Jones Industrial Average futures add 25 points points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each also […]
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China extends an olive branch to Western auto giants over rare earth shortage
Workers assemble cars on the assembly line at the Volkswagen automobile factory on March 07, 2025 in Wolfsburg, Germany. Sean Gallup | Getty Images News | Getty Images China appears to have offered U.S. and European auto giants something of a reprieve after industry groups warned of increasing production threats over a rare earth shortage. […]
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China and U.S. trade officials to hold talks in London
TangMan Photography | Getty Images U.S. President Donald Trump’s top trade officials are meeting their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world’s two largest economies. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are representing the U.S. China’s […]
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China’s grueling ‘996’ work culture is being debated by European startups — 7 founders and VCs on why they are resisting
European startup founders are being pressured to embrace China’s toxic “996” work culture on LinkedIn and they’re pushing back. D3sign | Moment | Getty Images The European startup scene was recently shaken by a LinkedIn debate with some venture capitalists applying pressure on founders to embrace a culture of overwork to compete on a global […]
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China issues rare earth licenses to suppliers of top 3 U.S. automakers, sources say: Reuters
FILE PHOTO: A laborer operates a bulldozer at a site of a rare earth metals mine at Nancheng county, Jiangxi province March 14, 2012. Stringer China | Reuters China has granted temporary export licenses to rare-earth suppliers of the top three U.S. automakers, two sources familiar with the matter told Reuters, as supply chain disruptions […]
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‘Car Wars’: Five auto insights investors should know from top BofA analyst
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — The automotive industry is experiencing unprecedented disruption and uncertainty when it comes to regulations, electric vehicles, software innovations and competition from China. Such disruptions have been years in the making, but many of the issues are coming to […]
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Trump holds call with Xi, Chinese media says
President Donald Trump held a phone call with China President Xi Jinping, Chinese media outlet Xinhua reported Thursday. The call was initiated by Trump, Beijing’s Ministry of Foreign Affairs said in a subsequent statement. The White House did not immediately respond to CNBC’s request for comment on the report. U.S. stock futures rose on news […]
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