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Unacceptable risk: US restricts exports to Chinas biggest semiconductor company SMIC

2020-09-28 02:00:00| Total Telecom industry news

Reports last week showed that the Pentagon was weighing blacklisting SMIC, China’s leading semiconductor manufacturer, arguing that its perceived involvement with military technology alongside civilian products could make it a security threat. This discussion came to a head on Friday, with a letter seen by the media suggesting that the blacklist would indeed go ahead, with companies needing to acquire a permit to export to the Chinese company…read more on TotalTele.com »

Tags: company risk biggest exports

'One day everyone will use China's digital currency'

2020-09-25 01:16:08| BBC News | Business | UK Edition

China plans a digital version of its currency, which some say could become a big global payment system.

Tags: day digital currency chinas

Chinas new richest person is a bottled water tycoon

2020-09-24 10:51:09| BBC News | Business | UK Edition

Zhong Shanshans net worth reached $58.7bn thanks to his water and vaccine firms.

Tags: person water bottled richest

Column: Chinas US Crude Oil Imports to Hit Record in September

2020-09-22 11:10:00| OGI

Vessel-tracking and port data compiled by Refinitiv indicates China will import 867,300 bbl/d of U.S. crude oil in September, exceeding 653,870 bbl/d in August and 693,500 bbl/d in July.

Tags: september record hit oil