Latest in China's Export Boom
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The White House just issued new AI chip export limits; Nvidia stock is lower.
The White House on Monday announced new restrictions on artificial intelligence exports that will impact companies including Nvidia.MarketWatch - 16m -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - 35m -
Biden imposes export controls on chips used for AI to limit China
US semiconductor industry warns move will aid its competitorsFinancial Times - 35m -
China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - 5h -
An out-of-the box idea for China and Trump
Washington and Beijing should conduct a joint intervention on the renminbiFinancial Times - 6h -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - 7h -
China's Export Boom Means Trump Tariffs Would Hit Beijing Where It Hurts
The country’s economy is increasingly reliant on foreign demand for goods pouring out of Chinese factories.The Wall Street Journal - 7h -
Italy frees Iranian wanted by US for alleged illegal drone tech exports to Tehran
Rome decision comes days after release of Italian journalist held in Iran’s notorious Evin prisonFinancial Times - 15h -
China is winning the race for green supremacy
The west needs to co-operate, cautiously, with Beijing in the renewable energy tradeFinancial Times - 22h -
US streamlines deportation flights to China
The Biden administration repatriated more than 500 Chinese nationals in the last year, laying the groundwork for systematic deportations across the Pacific Ocean. On Friday, the Department of ...The Hill - 2d -
Booming Market for E-Commerce Returns Spurs an Acquisition by DHL
Huge volumes of returned goods from online purchases are inspiring legacy freight operators to buy specialized delivery companies, increasing their share of the growing business in buyer’s remorse.Inc. - 2d -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - 3d -
Biden administration planning new AI chip export limits that would hit Nvidia, report says
The White House is finalizing additional restrictions on the export of artificial intelligence microchips that would hit companies including Nvidia and Advanced Micro Devices, according to a report.MarketWatch - 4d -
Israel's Defense Industry Booms on Foreign Demand and War at Home
Despite arms embargoes over its handling of the war in Gaza, Israel’s top three defense companies are on pace to sell more weapons than ever.The Wall Street Journal - 4d -
Export-Import Bank launches initiative to counter China's mineral dominance
The federal government is launching an initiative to support foreign minerals projects that exclude China as part of an effort to bolster U.S. supply chains. The Export-Import Bank (EXIM), a ...The Hill - 4d -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - 4d -
British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models
BMW-owned Rolls Royce Motor Cars, like other luxury car brands, has seen an uptick in demand for bespoke and complex car models in recent months.CNBC - 4d -
A look at recent deadly earthquakes in China
A strong earthquake with a magnitude of 7.1 that killed at least 126 people in western China near Nepal was one of the country’s deadliest in nearly a decadeABC News - 5d -
Hyve aims to double in size as business conferences boom
UK-based group now under private equity ownership seeks acquisitions in corporate events marketFinancial Times - 5d -
The Health Monitoring Boom Only Gets Weirder From Here
Forget going to the doctor’s office; these companies are putting the power of tracking every aspect of your health into our own hands. But do you really want to know?Wired - 5d -
‘Fairy porn’: is this booming erotica genre an insult to Wales?
Some of these raunchy fantasy novels borrow heavily from Welsh mythology - prompting concerns about misrepresentation. Name: Fairy porn novels.. Age: Centuries old, but recently having a ...The Guardian - 6d -
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Booms & Busts: If you needed fantasy football points in Week 18, the NFC South provided
Fantasy football analyst Scott Pianowski provides his final thoughts for Week 18, when the NFC South spread the fantasy football joy.Yahoo Sports - Jan. 6 -
Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - Jan. 5 -
New year, new deal: the buyout boom poised to take over City lawyers’ lives
Around-the-clock work will be commonplace to tackle an M&A surge fuelled by tax changes, activist investors … and the Trump factor. Whether they’re on skis or a sunlounger, there is no beach, ...The Guardian - Jan. 5 -
A Stock Market Boom Could Arrive in 2025, According to History
The S&P 500 has turned negative only twice after an annual return of 20 percent or more.Inc. - Jan. 3 -
China's electric car boom is increasingly more about hybrids
Hybrid-powered vehicles are proving more popular than battery-only ones in China, even as consumers shift away from gas-only cars, full-year data show.CNBC - Jan. 3 -
India’s next digital payments boom
Also in this newsletter: Is India’s stock market run waning and some New Year’s Eve party statsFinancial Times - Jan. 3 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
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China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - Jan. 2 -
The booming business of special needs education in England
The public spending watchdog warns that the system is becoming ‘financially unsustainable’ for councilsFinancial Times - Jan. 2 -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1 -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - Jan. 1
