Latest in China's Exports December
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Biden Administration Makes Last-Ditch Effort to Curb AI Chip Exports
The new rules meant to govern exports of sophisticated AI processors are meant to address national security concerns, but have already provoked an industry pushback.Inc. - 3h -
Foot-and-mouth outbreak in Germany forces meat and dairy export ban
Non-EU countries announce curbs after outbreak of viral disease in eastern stateFinancial Times - 4h -
US imposes export controls on chips for AI to counter China
US semiconductor industry warns move will aid competitorsFinancial Times - 5h -
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 - 16h -
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 - 16h -
Biden administration proposes new restrictions on AI chip exports
The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."CBS News - 6h -
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 - 13h -
An out-of-the box idea for China and Trump
Washington and Beijing should conduct a joint intervention on the renminbiFinancial Times - 15h -
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 - 1d -
China is winning the race for green supremacy
The west needs to co-operate, cautiously, with Beijing in the renewable energy tradeFinancial Times - 1d -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 2d -
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 -
The unemployment rate for Black women fell in December, following a sharp rise
Black women saw a decline in the unemployment rate in December, as it slipped to 5.4%. That is an improvement from November’s rate of 5.9%.CNBC - 3d -
U.S. Employers Add 256,000 Jobs in December
A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.The New York Times - 3d -
Here’s where the jobs are for December 2024 – in one chart
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.CNBC - 3d -
The Most-Downloaded PS5 Games Of December 2024
Sony has shared the most-downloaded PlayStation 5 games of December 2024, and to no one's surprise, Call of Duty: Black Ops 6 once again retains its stranglehold on the No. 1 slot. It's simply ...GameSpot - 3d -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 3d -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - 3d -
US adds whopping 256K jobs in December
The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released Friday by the Labor Department. The December jobs report showed the U.S. ...The Hill - 3d -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - 3d -
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but doesn’t see the need to go any further.NBC News - 3d -
Fed Governor Bowman says December interest rate cut should be the last
Bowman said Thursday she supported the recent interest rate cuts but doesn't see the need to go any further.CNBC - 4d -
China’s bond market is screaming deflation
Investors to Beijing: C-, must do betterFinancial Times - 4d -
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 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - 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 - 5d -
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 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - 6d -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - 6d -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - 6d -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - 6d -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
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Shops offered grottos and wine to combat 'drab' December
Small businesses are offering incentives to entice customers as consumer confidence remains low.BBC News - Jan. 3 -
NBA names Knicks' Karl-Anthony Towns Eastern Conference Player of the Month for December
Knicks center Karl-Anthony Towns was named NBA's Eastern Conference Player of the Month for December.Yahoo Sports - Jan. 2 -
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UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - 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 -
BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.The Wall Street Journal - 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
