China


2024-11-11

[News] Over 22,000 Chinese Chip Companies Shut Down in Five Years Amid U.S. Restrictions

According to Liberty Times, citing Chinese meida outlet TMTPost, as the U.S. has imposed sanctions on China's semiconductor industry since 2019, over 22,000 Chinese chip companies have shut down as of the end of 2023. The report pointed out that a large number of Chinese chip companies have gon...

stock trading on the laptop sreen
2024-11-11

[News] Key Focus This Week : Trump’s Full Control of Government! Focus on U.S. CPI and China’s Monthly Data

With the end of the U.S. presidential election last week, diminishing uncertainty boosted equity markets, leading to a strong 4.66% rally in the S&P 500 Index, reaching 5,995.5 points. In the bond market, the victory of Donald Trump and robust economic data drove the 10-year U.S. Treasury yie...

2024-11-11

[News] U.S. Lawmakers Reportedly Ask Five Top Chip Equipment Makers to Disclose China Shipment Details

According to MoneyDJ, citing Reuters, the U.S. government is actively working to curb the development of China's semiconductor industry. Republican Congressman John Moolenaar, chair of the House Select Committee on the Chinese Communist Party, along with senior Democratic Congressman Raja Krishna...

2024-11-08

[News] TSMC Reportedly to Halt 7nm and Below Chip Shipments to China’s AI Firms Next Week

Following previous controversies of supplying 7nm chips to Huawei through proxies, TSMC has reportedly notified all its AI chip customers in China by formal emails that starting next week (November 11), it would halt shipments of all the 7nm and more advanced chips to its AI/GPU clients there, accor...

2024-11-07

[News] China’s Exports Surge to 27-Month High Amid Potential Trump Tariff Threat

China’s exports showed a significant rebound in October, according to data released by the General Administration of Customs of the People's Republic of China (GACC) on November 7, marking the highest growth rate since July 2022. The total export value, measured in USD, reached approximately $3...

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