Leading Chinese AI chipmaker Moore Threads surged 425% in debut trading in Shanghai after raising 8 billion yuan (€970 million), marking the biggest first-day pop for a major IPO. It marks one of the biggest deals since China overhauled its listing rules in 2019, when Beijing introduced a Nasdaq-style listing system on its STAR Market … Read more
By Jesus Calero and Gus Trompiz MADRID (Reuters) – African swine fever has returned to Spain for the first time in three decades after two wild boars found dead near Barcelona tested positive for the virus, the Agriculture Ministry said on Friday, putting growing pork exports to China at risk of a ban. The outbreak, … Read more
Closeup of a large gold nugget, with multiple nuggets in the background Two large gold deposits discovered in China may hold a collective mass of more than 2,000 metric tons (2,200 US tons) of the precious material – the largest ever found within the country’s borders. If confirmed by further geological surveys, the Wangu deposit … Read more
By Francesco Guarascio HANOI (Reuters) – China’s top telecoms firms Huawei and ZTE have won a series of contracts this year to supply 5G equipment in Vietnam, in another sign of Hanoi’s strengthening ties with Beijing, which has raised concerns among Western officials, seven people with direct knowledge of the situation told Reuters. For years, … Read more
BEIJING (AP) — A few days after China issued an advisory against travel to Japan, the cancellations began. About 3,000 Chinese visit Rie Takeda’s tearoom in an alleyway in Tokyo’s historic Asakusa district every year. About 200 have already canceled bookings for her tea ceremony class, since January. “I just hope the Chinese tourists will … Read more
DONGGUAN, China (Reuters) – A factory next to a weed-built lot in China’s industrial south has become a global choke point for auto chips, bringing down a sector that only a few years ago vowed not to be caught again by supply chain disruptions. Automakers have vowed to bolster supply lines after COVID-19 disrupted semiconductor … Read more
DONGGUAN, China (Reuters) – A factory next to a weed-built lot in China’s industrial south has become a global choke point for auto chips, bringing down a sector that only a few years ago vowed not to be caught again by supply chain disruptions. Automakers have vowed to bolster supply lines after COVID-19 disrupted semiconductor … Read more