Chinese producers of polysilicon, a building block for solar panels, are in talks to create a RMB 50 billion ($7 billion) fund to acquire and shut down roughly a third of production capacity and restructure part of the loss-making sector, GCL Technology Holdings said, reports Reuters. The top polysilicon producer told Reuters on Thursday plans were […]
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Brazil’s exports of rare earth minerals to China surged in the first half of 2025, tripling the total for all of last year and signaling the Latin American nation’s growing, yet still nascent, role in the market for materials crucial to high-tech manufacturing, reports Caixin. Brazil exported $6.7 million worth of the minerals to China […]
Chinese exporters are reconsidering investment in offshore factories as US tariffs on alternative hubs and new restrictions on “transshipment” force a sweeping rethink of supply chains in Asia, reports the Financial Times. Manufacturers have poured billions of dollars into south-east Asia in recent years as part of a “China plus one” strategy to minimise their exposure […]
Starbucks Corp. has shortlisted about a dozen parties including private equity firms and technology companies into the second round of a process to invest in its China business, people familiar with the situation said, reports Bloomberg. Boyu Capital, Carlyle Group Inc., EQT AB, FountainVest Partners, KKR & Co., Hillhouse Investment and Primavera Capital are among […]
Brazil announced a compromise in a dispute between Chinese EV maker BYD and traditional carmakers on Thursday, granting the company a short-term tariff break while moving forward with hikes that will hit it more aggressively in the long run, reports the South China Morning Post. The decision was reached in a closed-door session of the […]