Reuters Asia Business Archives - Page 13 of 2133

China to boost exports, imports in 2026, seeking ‘sustainable’ trade, official says

13 Dec 2025 13 Dec 2025

BEIJING, Dec 13 (Reuters) – China plans to expand exports and imports next year as part of efforts to promote “sustainable” trade, a senior economic official said on Saturday, state broadcaster CCTV reported. The trillion-dollar trade surplus posted by the world’s second-largest economy is stirring tensions with Beijing’s trade partners and drawing criticism from the …

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Huawei’s latest handset uses improved China-made chip, report shows

13 Dec 2025 13 Dec 2025

Dec 12 (Reuters) – The Kirin 9030, the chip that powers Huawei Technologies’ latest flagship Mate 80 series handset, has been manufactured by China’s top foundry SMIC with an improved version of 7 nanometres, which is still behind TSMC and Samsung, Canadian research firm TechInsights said. The Kirin 9030 is manufactured using SMIC’s N+3 process, …

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US lawmaker demands details on Trump’s decision to sell Nvidia H200 chips to China

13 Dec 2025 13 Dec 2025

By Stephen Nellis SAN FRANCISCO, Dec 12 (Reuters) – U.S. lawmaker John Moolenaar, the chair of the U.S. House of Representatives’ bipartisan select committee focused on China, on Friday asked Commerce Secretary Howard Lutnick to explain the details of President Donald Trump’s decision to allow Nvidia to sell its H200 chips to China. The move by …

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FMC to launch restructuring plan, targets plant closures and Asia cost cuts

13 Dec 2025 13 Dec 2025

Dec 12 (Reuters) – Agrichemicals firm FMC Corp said on Friday its board has approved a restructuring plan, aimed at cutting costs, shutting down high-cost plants and shifting production to lower-cost locations. FMC, a key player in the insecticide and fungicide market, has been facing intensified competition in key markets, prompting it to reduce prices …

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Intel has tested chipmaking tools from firm with sanctioned China unit, sources say

12 Dec 2025 12 Dec 2025

(Refiles to remove extraneous text in headline) By Alexandra Alper and Max A. Cherney WASHINGTON/SAN FRANCISCO, Dec 12 (Reuters) – Chipmaker Intel, has tested chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by U.S. sanctions, according to two sources with direct knowledge of the matter. …

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China to regulate steel exports with a licence system

12 Dec 2025 12 Dec 2025

BEIJING, Dec 12 (Reuters) – The world’s largest steel producer, China, plans to roll out a licence system from 2026 to regulate exports of the metal, as robust shipments have fuelled a growing protectionist backlash worldwide. Exporters of some 300 steel items will have to apply for licences on the basis of export contracts and …

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EU to impose 3 euro duty on e-commerce parcels from July 2026

12 Dec 2025 12 Dec 2025

By Philip Blenkinsop BRUSSELS, Dec 12 (Reuters) – European Union finance ministers agreed on Friday to set a 3 euro ($3.52) customs duty on low-value parcels arriving in the bloc, part of efforts to crack down on cheap Chinese e-commerce imports such as from online retailers Shein and Temu. The duty will apply per item …

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Geely launches $284 million facility providing automotive safety tests

12 Dec 2025 12 Dec 2025

SHANGHAI, Dec 12 (Reuters) – China’s Geely Auto on Friday launched a $284 million facility providing safety tests for the automotive industry in general in anticipation of growing demand at home and abroad from regulators and consumers for improved vehicle quality and reliability. Geely’s focus on safety comes as China’s auto industry grapples with a …

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Pakistan to allow Binance to explore ‘tokenisation’ of up to $2 billion of assets

12 Dec 2025 12 Dec 2025

By Ariba Shahid KARACHI, Dec 12 (Reuters) – Pakistan has signed a memorandum of understanding with crypto exchange Binance to explore the “tokenisation” of up to $2 billion in sovereign bonds, T-bills and commodity reserves to boost liquidity and attract investors, the finance ministry said on Friday. Separately, Pakistan also gave initial clearance for Binance …

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China’s Changan Automobile adds Italy and Spain to its European markets

12 Dec 2025 12 Dec 2025

RIVOLI, Italy, Dec 12 (Reuters) – Chinese automaker Changan Automobile is expanding into Italy and Spain with the launch of two fully electric models, followed next year by their plug-in hybrid versions. Chongqing-based Changan is part of the second wave of Chinese automakers entering the European market, after forerunners including China’s No. 1 car company …

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Reuters Asia Business﻿﻿

Reuters Asia Business