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HONG KONG (AP) — China's factory activity expanded at a slower pace in December, official data showed on Tuesday, despite recent stimulus measures and in the face of increasing trade risks.
A closely watched survey on manufacturing in China has edged into positive territory after months of contraction, the government statistics agency said Thursday. The Purchasing Managers’ Index ...
A separate survey by financial news outlet Caixin found that manufacturing PMI edged up from 50.8 to 50.9. Manufacturing in China contracted for a fifth consecutive month in February, according to ...
The official document, "Commerce Implements New Export Controls on Advanced Computing and Semiconductor Manufacturing Items to the People’s Republic of China (PRC)", issued for immediate release on October 7, 2022, by the Department of Commerce's Bureau of Industry and Security details the new export control rulings. [1]
In February 2024, Bloomberg News reported that Naura was one of the top investment picks among Wall Street firms such as Barclays and Sanford C. Bernstein. A company comparable to Applied Materials , it would be able to fulfill local market demands in China and fill the void left by foreign firms being unable to continue doing business due to ...
The electric vehicle industry in China is the largest in the world, accounting for around 58% of global consumption of EVs. [263] In 2023, CAAM reported China had sold 9.05 million passenger electric vehicles, consisting 6.26 million BEVs (battery-only EVs) and 2.79 million PHEV (plug-in hybrid electric vehicles). [264]
The Chinese government has slammed America’s introduction of fresh export controls on US-made semiconductors that Washington fears Beijing could use to make the next generation of weapons and ...
China's machinery manufacturing industry can provide complete sets of large advanced equipment, including large gas turbines, large pump storage groups, and nuclear power sets, ultra-high voltage direct-current transmission and transformer equipment, complete sets of large metallurgical, fertilizer and petro-chemical equipment, urban light rail transport equipment, and new papermaking and ...