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China
Chip wreck: Nvidia sinks sector after U.S. restricts China sales
By Noel Randewich(Reuters) - U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to stop exporting cutting-edge processors for artificial intelligence to China.Nvidia's stock plummeted 11%, on track for its biggest one-day percentage drop…
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Woman Who Fled Communist China Delivers Grim Warning to Americans ‘Abandoning Freedom and
A woman who survived and fled China’s Communist Revolution is warning Americans against what she sees as an abandonment of freedom and a dangerous embrace of socialism.
Listen to the latest episode of CBN’s Quick Start podcast:
“I just want to say it’s so ironic — 36 years ago, I run away from socialism when I left China to come to this great…
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Alibaba (BABA) – Why Alibaba And Other Chinese Stocks Are Sliding Today
Shares of Alibaba Group Holding Ltd BABA and other Chinese names including JD.com Inc JD and Pinduoduo Inc PDD are moving lower Tuesday after Baidu Inc BIDU shares fell on mixed second-quarter earnings results.
BIDU Revenue: $4.43 billion missed estimate of $4.45 billion
BIDU EPS: $2.36 beat estimate of $1.63
"Despite a challenging macro…
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International News: China dismisses Taiwan complaints on drone harassment
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Posted: Monday, August 29, 2022. 10:59 am CST. By Zoila Palma Gonzalez: Today, China’s Foreign Ministry dismissed Taiwan’s concerns over repeated harassment by Chinese drones near Taiwanese-controlled islands, Reuters reports.
Earlier this month, China conducted military drills immediately following the visit of…
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Taiwan raises alarm as over 30 Chinese ships and planes detected in chilling escalation
Taiwan's Defence Ministry said it had detected 23 Chinese aircraft and eight Chinese ships operating around the island on Sunday, as Beijing continues its military activities. The Ministry said seven Chinese aircraft crossed the median line of the Taiwan Strait, which normally acts as an unofficial barrier between the two sides. Beijing has said…
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Japan vows billions for Africa amid rising Chinese influence | DW | 27.08.2022
Speaking virtually Saturday to a conference in Tunis focused on Japanese investment in Africa's development, Japanese Prime Minister Fumio Kishida pledged $30 billion (€30.1 billion) over three years in an apparent effort to counter China's rising influence on the continent. Amid a "complex" geopolitical environment, Japan pledged the money as…
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Live news updates: US consumer spending muted even as inflation eases
© AFP via Getty ImagesUS consumer sentiment ticked up from historic lows more than expected in August, as easing inflation improved consumers’ outlook and price expectations fell to their lowest level in eight months.The widely-followed consumer sentiment index in a University of Michigan survey rose to a final reading of 58.2 in August. That…
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US senator visits Taiwan amid high tensions with China
TAIPEI, Taiwan (AP) — U.S. Sen. Marsha Blackburn arrived in Taiwan on Thursday, in the second visit by members of Congress since House Speaker Nancy Pelosi’s trip earlier this month sharply raised tensions with China. Blackburn, a Republican from Tennessee, landed in Taipei late Thursday after visiting the Solomon Islands and Papua New…
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Analysis | 5 things to know about the suspension of U.S.-China climate talks
Comment on this storyCommentGood morning and welcome to The Climate 202! Today we're reading about how dinosaur tracks from 113 million years ago were discovered in Texas after extreme drought conditions dried up a river. ? But first:5 things to know about the suspension of U.S.-China climate talksThe United States and China, the world's two…
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