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BUSINESSOct 13Cathie Wood warns of ‘vicious’ memory chip cycles as China adds capacityA prominent investor warns of intense market cycles in the memory chip industry, citing China's increasing production capacity as a contributing factor. This highlights potential volatility and competition in the global tech market.Seeking Alpha Tech
BUSINESSOct 13Visa wins approval to establish domestic business in ChinaVisa has received approval to establish a domestic business presence in China. This marks a significant development for the company's operations in that market.Seeking Alpha Tech
BUSINESSOct 13Visa gets Beijing's green light for bank card business after 40 years of working with ChinaThe incremental approval comes as the U.S. and Chinese presidents are due to meet for a third time this year next month.CNBC
BUSINESSOct 13Why Haidilao’s US$14.9 million credit line to founder is fuelling China tax speculationHaidilao International Holding has agreed to provide its founder, Zhang Yong, with a one-month loan of up to the Hong Kong dollar equivalent of 100 million yuan (US$14.9 million), a move that has raised market speculation as investors closely watch Beijing’s October 22 deadline for offshore trust taxation. The Hong Kong-listed hotpot chain said in a stock exchange filing on Monday night that it would fund the loan from internal resources and charge interest at 0.6 percentage points above the...South China Morning Post
BUSINESSOct 13Apec a chance for Hong Kong to earn its place in China’s tourism boomOver the coming weeks, Hong Kong and Shenzhen will host two major gatherings of Asia-Pacific decision-makers. Hong Kong’s first Apec Finance Ministers’ Meeting takes place on October 20-21, with around 500 visitors expected, while Shenzhen hosts the Apec Economic Leaders’ Week next month. These Asia-Pacific Economic Cooperation forum meetings will bring international visitors to two neighbouring cities at the centre of China’s Apec year. For Hong Kong’s tourism industry, they offer a timely...South China Morning Post
BUSINESSOct 13China keeps extending the Shenzhen Apec deadline. Why are US execs so unenthused?Some senior American executives are lukewarm about attending the Asia-Pacific Economic Cooperation summit and related business events in Shenzhen next month, according to people familiar with the matter. They cited limited scheduling details, few expected breakthroughs and a lack of opportunity for meaningful engagement. Beijing has invited multiple US business leaders – particularly those who joined President Donald Trump’s May trip to China and later attended the White House state dinner for...South China Morning Post
BUSINESSOct 12China finance minister to deliver opening speech at Apec meeting in Hong KongChina’s finance minister, Lan Foan, will deliver a keynote speech, while presentations by three prominent financial institutions will be among the highlights of next week’s Apec meeting in Hong Kong, the South China Morning Post has learned. A draft agenda obtained by the SCMP on Monday listed a series of programmes for finance ministers from the Asia-Pacific Economic Cooperation’s 21 member economies on October 20 and 21 at the Hong Kong Convention and Exhibition Centre in Wan Chai. Sources...South China Morning Post
BUSINESSOct 12Paris Motor Show kicks off as China-EU rivalry heats upThe biennial Paris Motor Show kicks off with a record number of Chinese brands descending on the French capital. European carmakers are fighting back, showcasing their latest models, as the EU announced a deal with China to limit the imports of hybrids. France 24's Charles Pellegrin has been speaking with CEOs of both Chinese and European carmakers.France 24 [en]
BUSINESSOct 12Luxury letdown: LVMH misses organic sales expectations due to China weaknessLVMH has fallen short of its organic sales expectations, primarily attributed to weakness in the China market. This indicates challenges for the luxury goods sector and broader economic conditions in China.Seeking Alpha Tech
BUSINESSOct 12EU-China trade deal raises fears Brussels will go soft on BeijingThe EU's new trade deal with China has eased fears of an escalating trade war, but it could also weaken the political momentum behind Brussels' plans to take a tougher stance against Beijing's economic practices.EuroNews [en]
BUSINESSOct 12What the US and China Should Discuss at APECBoth sides are feeding an AI investment bubble – and Shenzhen is the place to talk about it.The Diplomat
BUSINESSOct 12Copper climbs on China stimulus hopes, Chile mine supply risksCopper prices are rising due to anticipated stimulus measures from China and potential supply risks from mines in Chile. This indicates market sensitivity to global economic factors and supply chain stability.Seeking Alpha Tech
BUSINESSOct 12The China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.thediplomat · japan
BUSINESSOct 12The China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.The Diplomat
BUSINESSOct 12China, EU take a breath after surprise deal brings temporary halt to trade tussleWeeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war – a cooldown augmented by Beijing’s subsequent reduction of value-added tax (VAT) export rebates on...South China Morning Post
BUSINESSOct 12How China and the EU pressed pause on trade war – and what it took to get thereWeeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war. Beijing agreed not to retaliate against Brussels’ move to curb imports of Chinese hybrid cars,...South China Morning Post
BUSINESSOct 12The U.S. and China created a new 'Trade Board' built on buzz wordsThe governing document for the coalition to haggle over tariffs spans just two pages and lists no authors.latimes · united states of america
BUSINESSOct 12Mapping US chip supply chain: China accounts for far more than it appears, report saysChina accounts for about 5 per cent of the equipment and materials directly supplied to the US chip industry when measured by country of manufacture, but its grip on certain rare earths needed for chipmaking is over 90 per cent, according to the Semiconductor Industry Association (SIA). While 95 per cent of the nearly US$27 billion annual spending by American chipmakers on manufacturing equipment and materials was sourced from companies headquartered in the US, Europe, and Japan, that figure...South China Morning Post
BUSINESSOct 12Volkswagen sees sharpest delivery decline in four years; China volumes tumble almost 39%Volkswagen has experienced its sharpest decline in deliveries in four years, with volumes in China falling significantly. This indicates a notable downturn in performance for the major automotive company.Seeking Alpha Tech
BUSINESSOct 12China-EU car deal eases trade tensions for now at leastChina agreed to cut millions of hybrid car exports to the European Union over the next four years, easing simmering trade tensions ahead of a key meeting of European leaders later this week. The deal will slow exports to half or less the pace currently predicted by the EU, the bloc’s trade chief, Maros Sefcovic, told a press conference in Beijing on Friday after two days of negotiations. Next year alone, it will pare shipments by up to 700,000 vehicles and trim as much as €14 billion (US$16...South China Morning Post
BUSINESSOct 12Volkswagen third quarter deliveries fall on plummeting China demandVolkswagen experienced a decline in third-quarter deliveries due to a significant drop in demand from China. This highlights challenges faced by the automotive giant in a key international market.investing_us · united states of america
BUSINESSOct 12Why China is importing a record amount of gold — and what it means for pricesBeijing’s push to diversify away from the dollar and Chinese households’ search for a safe place to put their savings has fueled China’s record gold buying.CNBC
BUSINESSOct 11Paris motor show: Macron calls for European preference against ChinaOn Monday, the French president will open his final Paris Motor Show, pushing his "Made in Europe" agenda: tying state aid for this key industry to genuinely EU-based production.EuroNews [en]
BUSINESSOct 11Europe can fight the ‘China shock’But it requires Brussels to prioritise creative destruction over protectionismFinancial Times