The report cites four key reasons for restricted competition: a stringent electric vehicle (EV) policy, challenges in securing investment approvals for Chinese firms, a small EV market with just two per cent penetration, and the long product localisation cycle of two-four years for global
Labas stated that initially it was believed that Taiwanese company Taiwan Rung Cherng Suspenparts (TRC) altered and manufactured servomechanisms for Russia's destructive glide bombs, based on a transaction document linking TRC to a Russian company.
In a move to curb China's technological advancements, the Biden administration announced a new set of export controls on Monday, restricting the sale of crucial semiconductor-manufacturing equipment and high-bandwidth computer memory to the country.
This brings the total number of entities on the list to 107, as part of the US government's efforts to combat forced labour in global supply chains, particularly in the Xinjiang Uyghur Autonomous Region (XUAR) of China
US lawmakers are urging the Biden administration to block suppliers from selling chip making equipment to Huawei Technologies Co, citing concerns about the sanctioned Chinese company's progress in semiconductor manufacturing. In a letter to Secretary of Commerce Gina Raimondo, they highlight
As per the advisory, firms operating in Hong Kong face potential legal, regulatory, operational, financial, and reputational risks, including of increased scrutiny, potential financial penalties, and legal actions for perceived violations of the NSL or the SNS Ordinance.
The New York Stock Exchange and the Nasdaq Stock Market have increased scrutiny on small to midsized Chinese firms preparing to release the shares of Initial Public Offering (IPO), in a move aimed to protect investor interest and excessive volatility caused by these IPOs, Nikkei Asia reporte
Three Taiwan nationals have been found guilty of engaging in business with a Chinese firm not permitted by the competent authority in Taiwan, according to the Hsinchu District Court which handed down its verdict in late April.
The attack, which took place on March 26 in Bisham city of Khyber Pakhtunkhwa's Shangla district, claimed the lives of five Chinese engineers along with one Pakistani citizen.