Chinese firms

The United States faced backlash from China for adding several Chinese entities to its export control list of 105 firms. This move is seen as an attempt to restrict Russia’s access to advanced U.S. technology. What Happened: China has expressed strong opposition to the U.S.’s decision...

In the face of rising geopolitical tensions and regulatory challenges in the U.S., Chinese artificial intelligence (AI) startups are increasingly relocating to Singapore. This move is aimed at gaining better access to global investors and technologies. What Happened: Due to U.S. export controls, AI...

Shein, the fast fashion behemoth and rival to Alibaba‘s online fashion arm, reportedly filed for an initial public offering (IPO) in London. This move comes amid the company’s ongoing struggles with its U.S. IPO filing. What Happened: Shein’s confidential filing for a London IPO...

The Chinese government has strongly condemned the Biden administration for increasing tariffs on a range of Chinese imports, vowing to retaliate, although specific measures have not yet been disclosed. What Happened: China has criticized the additional tariffs as “political manipulation,...

The White House has ordered MineOne Partners Limited, a firm with Chinese connections, to sell a property located near a U.S. Air Force base in Wyoming. What Happened: The directive, issued on Monday, gives MineOne Partners and its associates 120 days to divest the land, which is within a mile of...

China firmly opposed the U.S. adding 37 Chinese firms to a trade restriction list over national security concerns. What Happened: The entities were blacklisted for making drones for the Chinese military and shipping controlled items to Russia, Reuters reported on Friday. Chinese spokesperson Lin...

In a recent development, two prominent U.S. House committees have called upon the Biden administration to investigate four Chinese companies allegedly linked to Ford Motor’s (NYSE:F) forthcoming Michigan battery plant. The lawmakers have raised concerns about these companies’...