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BUSINESSAug 7China peak power load hits another summer record - XinhuaChina's peak power load has reached another summer record, according to Xinhua. This indicates increasing energy demand and potential strain on the country's power infrastructure.english.news.cn
BUSINESSAug 7Cambricon posts 108% surge in first-half revenue amid China’s massive AI chip driveChinese artificial intelligence (AI) chip giant Cambricon Technologies reported a 108 per cent surge in first-half revenue on Friday, as the firm capitalises on a massive domestic push to replace foreign AI hardware. The chipmaker’s revenue for the first six months of the year reached 6 billion yuan (US$890 million), while profits also jumped 122.6 per cent year on year to 2.3 billion yuan, according to a stock exchange filing. In the second quarter, the firm’s revenue was 3.1 billion yuan, in...South China Morning Post
BUSINESSAug 7China exports slow slightly in July despite robust demand for high - tech productsChina's exports experienced a slight slowdown in July, even with strong demand for high-tech goods. This reflects current trends in global trade and China's economic performance.local10.com · United States
BUSINESSAug 7China plans to increase mine output in world’s largest rare earth deposit by 50%China plans to expand production capacity of a mine in Bayan Obo in its Inner Mongolia region with an investment of over half a billion yuan (US$74 million). The expansion will raise the mine’s annual output by 50 per cent from 10 million to 15 million tonnes at the world’s largest rare earth deposit. Bayan Obo is a complex polymetallic deposit containing iron, rare earths, fluorite, niobium, scandium and thorium. The project is mainly aimed at increasing iron ore output while rare earths would...South China Morning Post
BUSINESSAug 7China exports and imports surge in JulyChina's exports and imports experienced a significant surge in July, reflecting strong activity in the country's international trade. This data indicates a notable increase in both outbound and inbound commercial traffic.hurriyetdailynews.com · Turkey
BUSINESSAug 7Asian Shares Mixed Amid Hormuz Tensions , Strong China Trade Datarttnews.com · United States
BUSINESSAug 7Solar stocks shine after Trump extends China tariffs to polysilicon productsSolar stocks rose in premarket trading President Donald Trump announced fresh import restrictions on polysilicon products.CNBC
BUSINESSAug 7China Built Nepal Networks . Elon Musk Wants In . – Sri Lanka GuardianThe article highlights China's established network infrastructure in Nepal and Elon Musk's interest in entering this market. This signifies potential business competition and geopolitical influence in the region.slguardian.org · Sri Lanka
BUSINESSAug 7China Yuchai GAAP EPS of $2.17, revenue of $2.2BChina Yuchai reported GAAP EPS of $2.17 and revenue of $2.2 billion.Seeking Alpha Tech
BUSINESSAug 7China shifts from Africa’s top megaproject lender to a debt collectorSince the mid‑2000s, China has established itself as Africa’s principal bilateral financier for large infrastructure projects, including railways, bridges, dams and ports. But as the loans involved reach maturity, Beijing has transitioned from a net provider of funds to a net collector. Drawing on data from Boston University’s Global Development Policy Centre and its own calculations, Oxford Economics Africa said in a new analysis that Chinese loan commitments dropped from a peak of US$28.8...South China Morning Post
BUSINESSAug 7The Domino Affect : China Real Estate Crash Could Erase Millions Jobschiangraitimes.com · Thailand
BUSINESSAug 7Solar tariffs will hurt America allies , not ChinaNew solar tariffs are anticipated to negatively affect America's allies rather than China. This suggests potential unintended consequences of trade policy.economictimes.indiatimes.com · India
BUSINESSAug 7NLIGHT forecasts Q3 2026 revenue of $63M-$73M as $17M of product shipments shift amid China-related supply delaysNLIGHT forecasts Q3 2026 revenue between $63M and $73M, with $17M in product shipments shifting due to China-related supply delays. This impacts the company's financial outlook and operations.Seeking Alpha Tech
BUSINESSAug 7China's exports jump 23% in July, beating estimates; imports coolChina's exports rose more than expected in July, as global demand for high-tech components continues to absorb the country's manufactured goods.CNBC
BUSINESSAug 7Next great harbour? China’s Greater Bay Area has tools to be a yacht hub: industry veteranFrom wealth and waterways to manufacturing, the Greater Bay Area possesses the essential ingredients to become an international yacht hub, with the integrated economic and business zone having more to offer than many other regions, according to an industry veteran. Luxury vessels could help unlock demand for the economy, and with its manifold strengths, Hong Kong could make a splash and turn the bay area’s potential into reality, said Paul Brackley, CEO of yachting consultancy Central Yacht and...South China Morning Post
BUSINESSAug 6US sets 15% polysilicon tariff, price floors to challenge China’s dominanceThe United States has announced new tariffs and price floors on polysilicon and related products, targeting China’s dominance in key materials used in solar panels and semiconductor manufacturing. In a proclamation signed on Thursday, US President Donald Trump imposed a 15 per cent tariff, which will take effect after 120 days, and established a series of price floors to protect domestic manufacturers and curb imports of China-sourced materials. “We’re setting prices so that the Chinese can’t...South China Morning Post
BUSINESSAug 6Argentina renews US$19 billion China currency swap, brushing off Washington’s pressureArgentina has renewed its currency swap with China for five years, preserving a US$19 billion lifeline that Washington spent more than a year pressing it to give up. The Argentine central bank and the People’s Bank of China (PBOC) signed the extension of the 130 billion yuan line on Wednesday, a day before the existing deal was due to expire. The new term runs to 2031, two years longer than any previous renewal since the two countries first signed it in 2009. The decision ends months of...South China Morning Post
BUSINESSAug 6China buys at least 10 more cargoes of US soybeans, traders sayChina has ⁠bought at least another ⁠10 cargoes of US soybeans, three ⁠Asian traders said on Thursday, the latest in a flurry of purchases ahead of President Xi Jinping’s expected US visit next month. State-run buyer Sinograin bought 10 to 15 cargoes on Wednesday, the traders said. At least 10 cargoes were ‌for October-November shipment, one trader said. The deals follow trade talks between Washington and Beijing that, according to the White House, included Chinese commitments to buy 25 million...South China Morning Post
BUSINESSAug 6BofA downplays China’s threat to Micron’s AI businessBank of America is reportedly downplaying the potential threat posed by China to Micron's artificial intelligence business. This suggests an analysis of geopolitical and business competition in the tech sector.Yahoo Finance
BUSINESSAug 6China Imposes Drone Export Curbs , Sanctions US Entities Amid Trade TensionsChina has implemented new restrictions on drone exports and sanctioned several US entities amidst growing trade tensions between the two nations. These measures indicate an escalation in economic disputes.dailypioneer.com · India
BUSINESSAug 6NAPAS , BIDV and Weixin Pay expand cross - border QR payment services between Việt Nam and ChinaNAPAS, BIDV, and Weixin Pay are expanding their cross-border QR payment services between Vietnam and China.vietnamnews.vn · Vietnam
BUSINESSAug 6The changing face of Made in China - Liberia news The New Dawn Liberia , premier resource for latest newsThis article discusses the evolving nature and perception of products labeled as 'Made in China.'thenewdawnliberia.com · Liberia
BUSINESSAug 6China needs a stronger yuan and ‘fiscal boost’ to drive near-term growth: Goldman SachsChina should let its currency appreciate gradually to safeguard against foreign protectionist moves and boost spending to support domestic demand to meet its economic growth targets, according to Goldman Sachs economists. Data in the first half of 2026 continued to paint a picture of a bifurcated Chinese economy – with weak domestic demand and strong exports – which has led to a renewed debate over whether policies to support demand or nominal currency appreciation are the right response,...South China Morning Post
BUSINESSAug 6Climate change squeezes Malaysian durian growers as they chase China booming marketClimate change is negatively impacting Malaysian durian growers, who are trying to capitalize on the growing Chinese market. This highlights the challenges climate change poses to agriculture and international trade.niagarafallsreview.ca · Canada