Tag: China

PolicyTrade

China Deploys Rare Earth Export Controls in Strategic Trade Move

Beijing has unveiled export controls that effectively give China veto power over products containing its rare earth minerals. The move comes as political newcomer Mark Carney navigates Canada’s complex relationship with the US and global trade dynamics continue to shift.

Strategic Trade Maneuvers Intensify

China has implemented export controls that reportedly give President Xi Jinping effective veto power over any products containing Chinese rare earth elements, according to recent analysis. The move represents a significant escalation in global trade tensions, with sources indicating it mirrors tactics the United States historically used to cement its postwar economic dominance.

by Henry Blakemore
BusinessStartups

DayOne Seeks $1 Billion Investment for Global Data Center Expansion Push

Data center operator DayOne is reportedly seeking to raise $1 billion in new funding to accelerate its global expansion strategy. The Series C round could value the former GDS International unit at $4-5 billion as it expands beyond APAC markets.

Major Funding Round for Data Center Expansion

APAC data center operator DayOne is reportedly seeking to raise approximately $1 billion in a new funding round to fuel its expansion beyond the Asia-Pacific region, according to sources familiar with the matter. The company, which recently became an independent entity, is said to be tapping both new and existing investors for the Series C round.

by Henry Blakemore