Half of the world’s supply of the critical battery ingredient is mined in Australia, which ships virtually all of it to China. The government and business are betting they can change that.
Category: China
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China Escalates U.S. Tech War With Micron Ban
A Chinese government block on Micron Technology’s memory chips marks how far apart the two economic powers are drifting on tech policy.
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China Bans Some Chip Sales of Micron, the US Company
Many analysts see the move as retaliation for Washington’s efforts to cut off China’s access to high-end chips.
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Alibaba, Baidu and Tencent Signal First Steps in Bumpy Recovery
The economy is open again, helping Alibaba, Baidu and Tencent claw back in the first quarter from a miserable 2022, though they will likely face continuing skepticism from investors.
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China’s Youth Unemployment Crisis: 1 in 5 Are Out of Work
The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery.
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Pema Tseden, Pioneering Tibetan Filmmaker, Is Dead at 53
His films captured contemporary Tibetan life as Tibetans saw it, devoid of the stereotypes long associated with their homeland.
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U.S. Solar Makers Criticize Biden’s Tax Credits as Too Lax on China
U.S.-based manufacturers of solar products say rules issued by the Biden administration on Friday will “cement China’s dominance” over the solar industry
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In China, the Police Came for the Consultants. Now the C.E.O.s Are Alarmed.
Foreign businesses, a top Chinese official said in March, “are not foreigners, but family.” Then came a crackdown on firms with foreign ties.
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China Orders Tesla to Recall 1.1 Million Vehicles Over Braking Risks
Defects on certain Tesla models could lead drivers to step on the accelerator pedals for longer than necessary, increasing the risk of collisions, China’s market regulator says.
