Legislation to end double taxation between Taiwan and the United States is intended to spur semiconductor investment but is likely to rankle U.S. relations with China.
Category: China
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People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending
The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing.
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China Denies Banning iPhones, but Cites Unspecified Security Concerns
The comments marked Beijing’s first public response to reports that some government agencies have told employees not to use iPhones for work.
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European Union Will Investigate Chinese Subsidies of Electric Cars
The European Commission president, Ursula von der Leyen, announced the inquiry amid growing concern about China’s dominance over electric vehicles.
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As Smartphone Industry Sputters, the iPhone Expands Its Dominance
Apple, which is set to release a new iPhone on Tuesday, has increased its share of smartphone sales by converting Android customers and adding teenagers.
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Chinese Warnings on iPhones Tap Deep Strain of Security Concerns
For years, officials in China have been told to shun foreign devices. Now reports of renewed curbs have unnerved Apple’s investors, heightening geopolitical tensions.
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As Smartphone Industry Sputters, the iPhone Expands Its Dominance
Apple, which is set to release a new iPhone on Tuesday, has increased its share of smartphone sales by converting Android customers and adding teenagers.
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China May Ban Clothes That Hurt People’s Feelings. People Are Outraged.
A proposal evokes memories of 1980s China, when opening up to the world set off a debate over flared pants and men with long hair, what the party called “weird attire.”
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Daniel Zhang Steps Down From Alibaba
Daniel Zhang, who had been expected to give up his chief executive and chairman roles this month, is also leaving as head of the company’s cloud division.
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China Is Full of Risk For U.S. Companies
Doing business in China, once seen as a can’t-miss opportunity, poses a troubling dilemma: Reasons to stay can be as compelling as the reasons to retreat.
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Toyota’s Dominance Threatened by Rise of Electric Vehicles
The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
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Apple’s Stock Falls on Reports of a Chinese Government iPhone Ban
Shares in the tech giant fell on Wednesday following reports that Beijing would bar government workers from using the device.