Latest News: AF Indexes
Shanghai has compiled a list of data that it seems "ordinary” for three sectors - intelligent and connected vehicles, mutual funds and biomedicine
In a shift by Tesla chief Elon Musk, data from China could be processed in the country to develop its full-self-driving system, sources said
US Commerce Secretary Gina Raimondo said Chinese connected cars could collect 'a lot of data around US persons that goes right back to Beijing'
The smartphone-maker is expanding its reach, after four years of damage from US sanctions, backed by flashy showrooms, premium products and an army of distributors...
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Double or Quadruple, Biden Tariffs Won’t Really Hurt China13 May 2024
The planned tariffs might be a good pre-election move for Biden, but their impact on Chinese industries is likely to be limited...
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Shein Looking to File For IPO in London as US Plans in Limbo12 May 2024
The plan for a US IPO is still officially on the table for Shein as it still prefers New York as its listing venue...
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Foreign Direct Investment in China Plunges 56% in Q1: Nikkei11 May 2024
FDI into China has been on a downward trajectory since last year, plunging by double-digit amounts in every month since May 2023...
The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year...
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US Warns it Could Ban Connected Chinese Electric Vehicles09 May 2024
Commerce Secretary said: "We could take extreme action, which is to say 'No Chinese connected vehicles in the United States' or look for mitigation," including safeguards, guardrails or other requirements."...
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Musk Offered to Launch Robotaxis in China for FSD Approval08 May 2024
Before a full FSD rollout, Tesla still needs Chinese approval to collect and transfer data that Tesla's cars need to train its driver-assistance features...
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China’s Zeekr to Close $368 Million New York IPO Early07 May 2024
The electric vehicle-maker's IPO will be the biggest in the United States by a Chinese company in more than two years...
Hundreds of engineers given the option to relocate overseas as Washington tightens China’s access to advanced US tech and ties have become strained over such issues...
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AI Hitting Job Markets Like a ‘Tsunami’, Says IMF Chief14 May 2024
"We have very little time to get people ready for it, businesses ready for it," IMF Managing Director Kristalina Georgieva said...
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South Korea to Announce $7 Billion Package For Chip Industry12 May 2024
The package is part of President Yoon Suk Yeol’s pledge to pour all possible resources into winning the "war" in chips...
Biden administration scraps a tariff exemption on solar panels and makes it easier for solar projects to get a subsidy for using locally made products - to protect manufacturers in the US...
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China Car Exports Hit Record High in April, as Local Sales Drop10 May 2024
Car exports jumped by 38% year-on-year to 417,000 units in April, after a 39% rise in March; but domestic sales were down nearly 6% from 2023...
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US Tariffs Loom on Chinese EVs, And Maybe Solar Panels10 May 2024
The US is likely to maintain tariffs on Chinese products and will reveal news next week on areas of strategic competition such as EVs and solar panels, sources say...
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