By Pratima Desai LONDON (Reuters) – China plans to buy up to 15,000 metric tons of cobalt metal from local Chinese producers over the next few months for domestic stockpiles, three sources familiar with the matter told Reuters, adding that it would be a record amount for a single purchase. The planned purchase would be […]
(Reuters) – An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China’s big banks are throttling payments for such transactions out of concern over U.S. sanctions. To settle payments for its electrical goods, the Guangdong-based company is considering […]
By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – China is providing moorage for a U.S.-sanctioned Russian cargo ship implicated in North Korean arms transfers to Russia, according to satellite images obtained by Reuters, as U.S. concerns grow over Beijing’s support for Moscow’s war in Ukraine. Britain’s Royal United Services Institute (RUSI) think tank said […]
By Eduardo Baptista, Fanny Potkin and Max A. Cherney BEIJING/SINGAPORE (Reuters) – Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence chips through resellers, despite the U.S. widening a ban last year on the sale of such technology to China. A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired […]
By Tom Balmforth, Pavel Polityuk and Liz Lee KYIV/BEIJING (Reuters) -China demanded on Thursday that Ukraine immediately remove more than a dozen Chinese companies from a list of firms designated as “international sponsors of war”, saying it wanted Kyiv to “eliminate negative impacts”. The remarks came after Reuters reported that China’s ambassador in Kyiv had […]
By Parisa Hafezi and Andrew Hayley DUBAI (Reuters) – Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, four Iranian sources and a diplomat familiar with the matter said. The discussions about the attacks and […]