News of the latest incursion follows the White House announcement on Dec. 27 that nine telecommunications firms had been breached by a state-sponsored Chinese hacking group.
January 2, 2025China News Updates
Treasury Breach Adds to US-China Cybersecurity Tension
US Oil Exports to China Dwindle as Demand Wanes
U.S. crude exports to China plunged by almost half this year as shifts in the nation’s economy weighed on demand and it bought more barrels from other countries including Russia and Iran.
December 27, 2024China Races to Ship Batteries to US Before Tax Changes
Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.
December 20, 2024Court to Rule on TuSimple Governance, Cash Pile Fate in Q1
The Delaware Chancery Court ruled that TuSimple co-founder and former CEO Xiaodi Hou’s challenge to board selections and governance changes had enough merit to win the court’s time.
December 19, 2024China's CATL Plans Expansion of Battery Swapping for EVs
XIAMEN, China — The world’s largest maker of batteries for electric vehicles said Dec. 18 it will get into battery swapping in China in a big way starting next year.
December 18, 2024Biden to Announce Chinese Semiconductor Probe in Coming Days
President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that U.S. officials believe pose national security risks.
December 17, 2024Tanker Rates Hit by OPEC+ Delays, Weak China Demand
The Baltic Exchange’s TD3C Index, which reflects rates for VLCCs on the Middle-East-to-Asia route, dropped to so-called Worldscale 39.05 on Dec. 13.
December 16, 2024US Raises Tariffs on Imports of Some Chinese Technology
BANGKOK — The Biden administration plans to raise tariffs on solar wafers, polysilicon and some tungsten products from China to protect U.S. clean energy businesses.
December 12, 2024China Benefits as Europe’s Big Battery Ambitions Are Failing
Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.
December 10, 2024US Agencies Issue Guide to Thwart Cyberthreats From China
Guide recommendations will help network engineers and security personnel strengthen visibility and harden network devices against bad actors affiliated with China.
December 6, 2024Follow Us
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