Category: China

Former Chinese Billionaire and Bannon Associate Is Sentenced for Fraud

The New York Times – Business:
The businessman courted U.S. conservatives as an anti-Communist crusader while using his supporters’ money to buy lavish homes and a Bugatti supercar.
China Emerges as a Relative Winner From Strait of Hormuz Crisis

The New York Times – Business:
A report examines how the war in Iran has weighed on Asian economies, but left China in a more advantageous position.
Medical Journal Retracts Study Claiming Cancer Therapy Is More Effective When Given in the Morning

The New York Times – Business:
In a notice flagging a series of problems with a clinical trial, the journal Nature Medicine said its editors “no longer have confidence in the integrity of the results.”
Alibaba Sues Pentagon Over China Military Label

The New York Times – Business:
The Chinese tech giant said it had no ties to China’s military and that the U.S. government had violated the law by making that claim.
This Megafactory Is a Test Case for the U.S.-China Tech Race

The New York Times – Business:
Chinese firms have some of the world’s most advanced technology. But U.S. officials say relying on it could come with a downside.
China Tightens Rare Earth Grip on U.S. Firms, Threatening Trade Clash

The New York Times – Business:
The move targets two U.S. manufacturers at the center of the Trump administration’s effort to rebuild the domestic supply chain for critical magnets.
While the World Scrambles for Oil, China Sits on Full Tanks

The New York Times – Business:
The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.
Xi Jinping Quit Smoking. China Still Cannot.

The New York Times – Business:
China’s tobacco monopoly has become so financially vital to the government that even its powerful leader has failed to curb the country’s smoking habit.
$140,000 E.V.s and Heritage Gold: The Rise of China’s Homegrown Luxury Market

The New York Times – Business:
As China’s economy slows, consumers are increasingly turning to domestic luxury products, challenging the dominance of long-established European brands.
Elon Musk and Other CEOs on Trump’s Trip to China Sought Relief

The New York Times – Business:
Elon Musk and other powerful executives who accompanied President Trump to China are hoping to clear roadblocks put up by Beijing.
Trump Approved an Nvidia Chip for Sale in China. Beijing Doesn’t Want It.

The New York Times – Business:
The U.S. tech giant’s powerful H200 chip seemed poised to boost Beijing’s A.I. ambitions, but not a single one has been purchased in China.
China’s Housing Slump Shows Signs of Bottoming Out. We’ve Been Here Before.

The New York Times – Business:
Property prices in Shanghai, in particular, are rebounding, but the national market still faces an enormous overhang — 90 million empty or unfinished apartments.