Reuters Asia Business

HANOI (Reuters) – U.S. chipmaker Nvidia’s chief executive said on Monday the company will expand its partnership with Vietnam’s top tech firms and support the country in training talent for developing artificial intelligence and digital infrastructure. Nvidia, which has already invested $250 million in Vietnam, has so far partnered with leading tech companies to deploy …

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HANOI (Reuters) – Nvidia wishes to establish a base in Vietnam to develop the country’s semiconductor industry as it considers the Vietnamese market an important one, the Vietnamese government said, citing the U.S. chipmaker’s chief executive. In his first visit to the Southeast Asian country, Nvidia’s CEO, Jensen Huang, said the company viewed Vietnam as …

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BEIJING (Reuters) – Saudi Arabia’s investment minister met with China’s commerce and industry chiefs in Beijing on Sunday and discussed expanding cooperation in trade, investment and technology, the Chinese ministries said. China is willing to work with Saudi Arabia to jointly promote China’s Belt and Road infrastructure investment program and Saudi Arabia’s “Vision 2030” initiative, …

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By David Stanway DUBAI (Reuters) – China’s top climate diplomat on Saturday said a final agreement on fossil fuels at the United Nations COP28 summit was crucial – even if not perfect – but he declined to say whether the country could agree to eliminating coal, oil and gas entirely. An agreement by the world’s …

China says fossil fuels deal ‘not perfect’ but key to COP28 success Read More »

BEIJING (Reuters) -China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery. The consumer price index (CPI) dropped 0.5% both from a year earlier and compared with October, data from the National Bureau of Statistics (NBS) …

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BEIJING (Reuters) -A rocket developed by LandSpace Technology on Saturday launched three satellites into orbit, a milestone in the Chinese private rocket startup’s mission to test whether its vehicle using methane and liquid oxygen is ready for commercial liftoffs. The success could boost investor confidence in methane as a potential rocket fuel, which is deemed …

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By Karen Freifeld NEW YORK (Reuters) -The United States restricted imports from three more Chinese companies, including COFCO Sugar Holding, over forced labor practices involving Uyghurs and other minorities in China, the U.S. government said on Friday. The companies – which produce everything from sugar to network transformers to yarn – will be added to …

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