China

Zelenskyy says Ukraine has used U.S.-supplied ATACMS missiles; Putin visits ‘dear friend’ Xi in Beijing

This was CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates.  The world…

African ambassador criticizes IMF, World Bank for not giving enough loans

BEIJING — An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank…

U.S. tackles loopholes in curbs on AI chip exports to China

The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of…

China gives Ehang the first industry approval for fully autonomous, passenger-carrying air taxis

BEIJING — Self-driving air taxis are one step closer to reality in China. Guangzhou-based Ehang on Friday said it received…

China’s exports and imports drop again in September

BEIJING — China reported a smaller-than-expected decline in exports in September from a year ago, while imports missed, according to…

China’s ‘Big Four’ banks rally after state wealth fund boosts stake

China’s sovereign wealth fund, Central Huijin Investment, increased its stake in four of the country’s biggest banks late Wednesday in…

China’s consumer spending isn’t roaring back to pre-pandemic levels yet

BEIJING — China’s consumer spending still isn’t growing as fast as it did before the pandemic, analysts said. Retail sales…

Stocks making the biggest moves midday: Block, Truist, PepsiCo, Rivian and more

Check out the companies making headlines in midday trading. Skechers — The shoe company gained 1.6% after UBS reiterated its…