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☆ China's top leaders are set to discuss GDP growth target, stimulus measures amid economic worries
▼ + stars: | 2024-12-09 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +5 min

BEIJING, CHINA - NOVEMBER 8: Chinese President Xi Jinping arrives for a signing ceremony with Italian President Sergio Mattarella (not pictured) at The Great Hall Of The People on November 8, 2024 in Beijing, China. Usually, the annual conference is preceded by the high-profile gathering of the Politburo, the top decision making body led by president Xi. While the specific numbers will not be announced until March, it is widely expected that Beijing will keep its next year's GDP growth target at "around 5" — same as the current year — if not slightly lower. China's President Xi Jinping and then U.S. President Donald Trump at a working session on the first day of the G20 summit in Hamburg, northern Germany, on July 7, 2017. "A policy bazooka could arrive if the Trump tariffs hit China's exports hard," Macquarie's Hu said, adding that Beijing will have to stimulate domestic demand to achieve its growth target.

Persons: Xi Jinping, Sergio Mattarella, Florence Lo, Xi, Goldman Sachs, Larry Hu, Lynn Song, Donald Trump, Morgan Stanley, Patrick Stollarz, Trump, Macquarie's Hu, Hu Organizations: Getty, Getty Images, Bloomberg, Goldman, Macquarie, ING, of Finance, Barclays, AFP Locations: BEIJING, CHINA, Beijing, China, Florence, Hamburg, Germany, China's

☆ Nvidia shares slip after China opens investigation over possible violation of antimonopoly law
▼ + stars: | 2024-12-09 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Nvidia shares were under pressure Monday after a regulator in China said it was investigating the chipmaker over possible violations of the country's antimonopoly law. The State Administration for Market Regulation opened an investigation into the chipmaker in relation to acquisition of Mellanox, the Chinese government said Monday. "In recent days, due to Nvidia's suspected violation of China's anti-monopoly law and the State Administration for Market Regulation's restrictive conditions around Nvidia's acquisition of Mellanox shares ... the State Administration for Market Regulation is opening a probe into Nvidia in accordance with law," according to a statement translated by CNBC. The company has worked to create new products to sell in China that abide by the U.S. regulations. Shares have also helped push the market to new highs, along with the broader technology sector.

Persons: Jensen Huang, Biden, — CNBC's Evelyn Cheng Organizations: Center, Washington , D.C, Nvidia, Administration, Market, Mellanox, State Administration, CNBC, U.S, ChatGPT Locations: Washington ,, China, U.S

☆ China consumer prices climb less than expected as economy slows amid trade war worries
▼ + stars: | 2024-12-09 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

China's producer price index declined for the 26th month. Producer inflation fell by 2.5% year on year in November, less than the estimated 2.8% decline as per the Reuters poll. The persistent near-zero inflation shows that China is still grappling with sluggish domestic demand and deflation at the wholesale level. Liu said China's producer price index inflation will likely remain negative throughout 2025. China is also due to report its trade data for November on Tuesday, and retail sales figures next Monday.

Persons: Becky Liu, Liu, Goldman Sachs, Fitch, Brian Coulton Organizations: National Bureau of Statistics, Reuters, Standard Chartered Bank, Economic Work Conference, Fitch Locations: China

☆ Nvidia shares drop as China opens antimonopoly probe into US chip giant
▼ + stars: | 2024-12-09 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

China's top antimonopoly regulator is investigating Nvidia. China Central Television reported that Nvidia is being probed over violations of antimonopoly laws. AdvertisementChina's top antimonopoly regulator has launched an investigation into Nvidia, sending its shares down by 2.2% in premarket trading. The State Administration for Market Regulation is probing the chipmaker giant over potential violations of antimonopoly regulations, the watchdog announced Monday. The ministry said the measures were in response to fresh US chip export bans, which were also announced last week.

Organizations: Nvidia, China Central Television, Administration, Technologies, China's Ministry of Commerce, The, of Justice Locations: China, Santa Clara

☆ Donald Trump Is Inheriting a Weaker Economy, Job Market Than It Seems
▼ + stars: | 2024-12-09 | by ( Neil Dutta | ) www.businessinsider.com time to read: +12 min

For Trump, this economy looks like a mirror image of the one he inherited in 2017. The soon-to-be Trump economy is facing down a trio of weak spots that could start to rear their heads pretty soon after Inauguration Day. Yes, the unemployment rate sits at just 4.1%, only a bit higher than its multidecade low. A variety of measures, however, suggest that the low headline unemployment rate overstates the degree of strength in the jobs market. In both cases, the unemployment rate was quite a bit higher, suggesting that the unemployment rate likely overstates the degree of health in the labor market.

Persons: Donald Trump, —, Trump, George W, Bush, Barack Obama, Joe Biden, it's, Biden, Kamala Harris, Jerome Powell, They're, Scott Bessent, there's Organizations: Trump, Manufacturing, overinvestment, Mortgage, American, Plan, Infrastructure Investment, Jobs, Representatives, Biden, Energy, Team Trump, Consumer, Republican, Treasury Locations: Washington, Trump, Germany, China, American, steelmaking, Georgia, Arizona

☆ Gold firms as investors await U.S. inflation data for Fed clues
▼ + stars: | 2024-12-09 | by ( ) www.cnbc.com time to read: +2 min

Gold prices gained on Monday as investors awaited U.S. inflation data due this week for clues on the Federal Reserve's next monetary policy moves. Gold prices gained on Monday as investors awaited U.S. inflation data due this week for clues on the Federal Reserve's next monetary policy moves. Top consumer China resumed buying gold for its reserves in November after a six-month pause. Traders are now looking forward to U.S. inflation data due on Wednesday. Gold is often seen as a safe-haven asset during times of economic or political uncertainty.

Persons: Bullion, Yeap Jun Rong, Yeap, Bashar al, Assad Organizations: Federal, People's Bank of China, China, U.S, Federal Reserve Locations: U.S, Damascus, Russia

☆ Loonie, Aussie in focus while U.S. dollar idles
▼ + stars: | 2024-12-09 | by ( ) www.cnbc.com time to read: +3 min

The Canadian dollar and Australian dollar were in focus on Monday ahead of their central bank meetings this week, while the euro and other major currencies held steady as traders reviewed the U.S. dollar's prospects. On the former, a quarter point cut by the ECB is baked in. The Canadian dollar is trading near a 4-1/2-year low as markets anticipate another outsized interest rate cut. Markets give a higher probability for a larger 50 basis point cut, and are even priming for negative interest rates by next year. While the case for the rate cut seems sealed, investors have one eye on U.S. consumer price inflation (CPI) data due this week.

Persons: Donald Trump, Morgan Stanley, China's, Chris Weston Organizations: Canadian, Federal Reserve, European Central Bank, Economic Work, ECB, The Bank of Canada, BoC, Reserve Bank of Australia, Swiss National Bank, Australian, Swiss, Fed, CPI, U.S Locations: Asia, China

☆ Ant Group gets new CEO as billionaire founder Jack Ma talks up AI in rare appearance
▼ + stars: | 2024-12-09 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Jack Ma, founder of Alibaba Group, speaks during 2020 China Green Companies Summit on September 29, 2020 in Haikou, Hainan Province of China. Ant Group, which runs the massive payments app Alipay, is one of China's biggest technology firms. The management changes were announced as part of the company's twentieth anniversary celebrations which also featured a speech from Alibaba and Ant Group founder Jack Ma. It's a rare public appearance from Ma who was impacted by the Chinese government's regulatory tightening of the domestic tech sector. Since then, Ant Group has been overhauling its business to be compliant with regulators.

Persons: Jack Ma, Cyril Han, Han, Eric Jing, Jing, Ma, Ant Organizations: Alibaba, China Green Companies Summit, Ant Group, CNBC, Mar, Ant Locations: China, Haikou, Hainan Province

☆ Five global stocks the pros are buying before the start of 2025
▼ + stars: | 2024-12-09 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

As the year-end nears, CNBC Pro asked three fund managers what global stocks they are buying in the lead-up to 2025, as they attempt to get ahead of the curve. Their average price target is 988.93 Danish krone ($140.10), giving the stock around 25% potential upside. Analysts are divided on the stock, with less than half giving it a buy or overweight rating. The average price target for Rivian is $14.74, according to FactSet data, giving it potential upside of 13.4%. This gives it upside potential of 36.8%.

Persons: —, Michele Schneider, Schneider, injectables, Rivian, Donald Trump, Tariq Dennison, Dennison, Midea, Nestle Dennison, Thea Jamison, Jamison Organizations: CNBC Pro, Novo Nordisk, Gallup, pharma, Nasdaq, Rivian Automotive, Volkswagen, U.S . Department of Energy, Midea, GFM Asset Management, Trump, Shenzhen Stock Exchange, Hong, Nestle, Maggi, Change, Samsung Electronics, KBC, Minh Stock Exchange Locations: Danish, Nasdaq Copenhagen, U.S, Georgia, China, Hong Kong, Swiss, Switzerland, Bac City, Asia, Vietnam

☆ Trump's pro-growth initiatives will lead to continued strong growth in the economy: Stephanie Link
▼ + stars: | 2024-12-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's pro-growth initiatives will lead to continued strong growth in the economy: Stephanie LinkStephanie Link, Hightower chief investment strategist and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, China's investigation into Nvidia, state of the economy, and more.

Persons: Stephanie Link Stephanie Link, Hightower Organizations: Nvidia

☆ Asia markets set to open higher as investors await Japan GDP and China inflation data
▼ + stars: | 2024-12-09 | by ( Dylan Butts | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets were set to open mostly higher Monday as traders await China's November inflation data as well as revised economic growth data from Japan. Japan's Nikkei 225 futures pointed to a higher open for the market, with the futures contract in Chicago at 39,450 and its counterpart in Osaka at 39,440 compared to the previous close of 39,091.17. Hong Kong Hang Seng index futures were at 19,821 lower than the HSI's last close of 19,865.85. Australia's S&P/ASX 200 opened to trade down 0.35%.

Persons: Australia's Organizations: Japan's Nikkei Locations: Asia, Pacific, Japan, Chicago, Osaka, Hong Kong

☆ CNBC Daily Open: Geopolitical uncertainty intensifies over the weekend
▼ + stars: | 2024-12-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. South Korea's president survives impeachment voteSouth Korean president Yoon Seok Yeol has survived an impeachment vote over the weekend after his ruling People's Power Party boycotted the vote. Court upholds law ordering TikTok sale in U.S.A federal appeals court upheld a law requiring China-based ByteDance to sell social media app TikTok next month or face an effective ban in the U.S. TikTok said that it will ask the U.S. Supreme Court to overturn the appeals court decision.

Persons: Bashar al, Assad, Syria's Assad, Bashar Al, Yoon Seok Yeol, TikTok Organizations: CNBC, Tass, RIA, South, People's Power Party, U.S, Supreme, Nasdaq, Federal Reserve, Dow Jones Locations: Hama's, Russia, Damascus, Syria, China, U.S

☆ CNBC Daily Open: Political uncertainty intensifies over the weekend
▼ + stars: | 2024-12-09 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. South Korea's president survives impeachment voteSouth Korean president Yoon Seok Yeol has survived an impeachment vote over the weekend after his ruling People's Power Party boycotted the vote. China consumer inflation rate drops to a five-month lowChina's headline inflation rate fell to a five-month low in November and missed expectations. The country's inflation rate climbed 0.2% from a year ago, lower than the 0.5% expected by economists polled by Reuters.

Persons: Hayat Tahrir, Sham, Syria's Assad, Bashar Al, Assad, Yoon Seok Yeol, Kospi Organizations: National Syrian Army, CNBC, Tass, RIA, South, People's Power Party, Nasdaq, Federal Reserve, Reuters Locations: Hama, Syria, Russia, Damascus, U.S, China

☆ China vows 'more proactive' fiscal stimulus measures, 'moderately' looser monetary policy
▼ + stars: | 2024-12-09 | by ( Anniek Bao | In | ) www.cnbc.com time to read: 1 min

Chinese President Xi Jinping attends a reception dinner at the Great Hall of the People ahead of China's National Day in Beijing, China on September 28, 2023. China's leaders on Monday pledged "more proactive" fiscal measures and "moderately" looser monetary policy next year to boost domestic consumption, according to an official readout of a key policy meeting that outlined upcoming economic priorities. The Politburo, a top decision-making body led by President Xi Jinping, said it will stabilize property and stock markets while strengthening the "unconventional counter-cyclical" adjustment, the Communist Party's CNBC-translated readout said. This breaking news story is being updated.

Persons: Xi Jinping Organizations: of, Communist Party's CNBC Locations: Beijing, China

☆ Electric car stock plays for 2025 as GM, Tesla struggle in China
▼ + stars: | 2024-12-08 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

If 2024 was the year that traditional foreign automakers were shown the exit on China's car market, 2025 looks to be the year that a few local electric car companies can solidify their leadership. The Hong Kong-traded automaker is Nomura's top pick for the China car market. But the U.S. electric car company sells in a far higher price range than most of BYD's models. Geely owns U.S.-listed electric car company Zeekr and other auto brands, including Swedish brand Volvo, which the Chinese company acquired from Ford in 2010. Among the publicly traded Chinese electric car startups, Citi analysts have buy ratings on Nio and Leapmotor , but not Xpeng or Li Auto, both rated neutral.

Persons: Nomura, BYD, Tesla, Huawei's, Yongda, Li Auto, Xpeng, Nio, Li Organizations: Hong, Elon Musk's, CNBC, China Passenger Car Association, Nomura, HSBC, Automobile, EV, Geely, Volvo, Ford, General Motors, SAIC Motor Corp, SAIC GM Wuling, GM, Citi, Huawei, Li Auto, Nio's U.S, Nio Locations: China, Hong Kong, Friday's, U.S, Swedish, Yongda

☆ The US provided no evidence that China manipulates TikTok content inside the country, court says
▼ + stars: | 2024-12-07 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

The court that upheld a law that could ban TikTok said the US showed no evidence China manipulates content. TikTok denies content manipulation and says it expects the US Supreme Court to reverse the ban. AdvertisementThe appeals court that upheld a law that could ban TikTok in the United States said the government offered no evidence that China is manipulating content on the platform in the United States. The court concluded that Bytedance and TikTok have "a demonstrated history" of manipulating content in other countries, sometimes at the request of China. Advertisement"That conclusion rests on more than mere speculation," the judges wrote in the court opinion.

Persons: TikTok, Joe Biden, Jake Auchincloss, Mike Flood Organizations: Court, District of Columbia, China's Communist Party, Democratic Massachusetts, Chinese Communist Party, Republican Nebraska Rep, Oracle Locations: China, United States, American, People's Republic of China, Romania

☆ China's special forces are untested. Success in a Taiwan invasion could depend on them.
▼ + stars: | 2024-12-07 | by ( ) www.businessinsider.com time to read: +8 min

China's special forces have serious problems that would limit their effectiveness in a Taiwan war. AdvertisementIf China invades Taiwan, China's special forces would be key to its success, the first forces ashore to clear obstacles for inbound troops and then to scout for command centers and air defenses for airstrikes. China's SOF includes 15 army brigades, as well as special operations units in the People Liberation Army Marine Corps, Airborne Corps, and Rocket Force. AdvertisementBut China's special forces have serious problems that would limit their effectiveness in an assault on Taiwan. Still, despite their limitations, Chinese special forces could disrupt Taiwanese defenses enough to enable an amphibious assault to succeed.

Persons: esprit, John Chen, Joel Wuthnow, —, Chen, Wuthnow, it's, Michael Peck Organizations: China Maritime Studies, US Naval War College, Special, US Navy, Argentine, Royal Navy, U.S . Department of Defense, Operations Command, People Liberation Army Marine Corps, Airborne Corps, Rocket Force, People's Armed Police, Getty, PLA, Business, Brigade, Green Berets, SOF Forces, Delta Force, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Taiwan, China, U.S, Ukraine, Iran, South China, Forbes

☆ NASA is delaying sending astronauts back to the moon — but it still thinks it can beat China
▼ + stars: | 2024-12-06 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +2 min

The delay also affects Artemis-3 moon landing, now planned for 2027. NASA Administrator Bill Nelson said the mission is still ahead of China's moon landing plans in 2030. NASA on Thursday delayed sending astronauts back to the moon in a setback for its Artemis program, which is already several years late and billions over budget. The Artemis 2 mission, which plans to fly astronauts to the moon and back, has been pushed back from September 2025 to April 2026. With Trump's nomination of billionaire Jared Isaacman as NASA's next administrator, concerns are growing about the future of Artemis and NASA's lunar strategy.

Persons: Artemis, Bill Nelson, Nelson, Jared Isaacman, Michael Bloomberg Organizations: NASA, NASA's Office, NSR, SpaceX

☆ Trump picks former Senator David Perdue to be ambassador to China
▼ + stars: | 2024-12-06 | by ( ) www.cnbc.com time to read: +1 min

Senator David Perdue, who is primarying incumbent Brian Kemp for Georgia governor, speaks at a campaign event in Covington, Georgia, February 2, 2022. U.S. President-elect Donald Trump said on Thursday he has chosen former Senator David Perdue to be ambassador to China, tapping a former politician with business experience to help steer relations riven by deep mistrust and trade tensions. "He will be instrumental in implementing my strategy to maintain Peace in the region, and a productive working relationship with China's leaders," Trump said in a post on his social media platform Truth Social. Trump, who takes office on Jan. 20, 2025, has said he will impose an additional 10% tariff on Chinese goods unless Beijing does more to stop the trafficking of the highly addictive narcotic fentanyl. He also threatened tariffs in excess of 60% on Chinese goods while on the campaign trail.

Persons: David Perdue, Brian Kemp, Donald Trump, Trump Organizations: Republican U.S, Georgia Locations: Covington , Georgia, China, Beijing

☆ Lululemon's international sales were its saving grace this quarter
▼ + stars: | 2024-12-06 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

AdvertisementA bright spot on Lululemon's horizon was its robust growth in international markets. Its international sales increased 33% in Q3 of 2024, compared to 2% in the Americas. Lululemon's robust growth in its international markets — particularly China — made up for its lackluster performance in the Americas. In mainland China, the company's net revenue increased 39% year-over-year, and comparable sales increased by 27%. In its international markets outside China, Lululemon's net revenue increased 27% to $307.9 million, with comparable sales increasing 23% compared to the year before.

Persons: China —, Calvin McDonald, Lululemon, we'll, McDonald, Martin Roll Organizations: McKinsey, BI Locations: Americas . China, China, Americas, Vancouver, Denmark, Belgium, Turkey, Czech Republic

☆ China's cheap goods are threatening to undermine its influence in the developing world
▼ + stars: | 2024-12-06 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

AdvertisementChina is flooding the developing world with cheap goods. China's exports, meanwhile, are growing at a rate of around 12% in dollar terms year-on-year, according to October trade data, with 50% being sent to the developing world. Meanwhile, consumers in the developing world have benefited from the influx of affordable Chinese goods. As the economies of developing nations become woven more tightly with China's, the volume of cheap Chinese imports has increased. Yet the importance it places on its status as a manufacturing powerhouse, and the relative weakness of domestic Chinese demand, means the flow of cheap Chinese goods abroad is unlikely to let up anytime soon.

Persons: it's, Charles Austin Jordan, Jinping, Jordan, Mingda Qiu, Beijing's, Jonathan Ward, ISHARA, Ali Wyne Organizations: China Projects, Xinhua News Agency, Getty Images, Eurasia Group, Hudson Center, Chinese Communist Party, KODIKARA, Getty Locations: China, Western, Indonesia, Brazil, Brussels, Thailand, Peru, Mexico, Russia, Getty Images China, Africa, South America, Asia, Washington, United States, Colombo, Sri Lanka, AFP, Washington ,, Latin America, Saharan Africa, Southeast Asia

☆ Meet Trump's pick for ambassador to China
▼ + stars: | 2024-12-06 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

AdvertisementUS President-elect Donald Trump named David Perdue as the US ambassador to China. US President-elect Donald Trump has picked former Sen. David Perdue as the US ambassador to China. experience with Asia and China and calling him a "loyal supporter and friend." "Having lived in Asia on two occasions, I understand the gravity of this responsibility and look forward to implementing President Trump's strategy to make the world safe again and to represent the United States' interests in China," Perdue wrote on X.AdvertisementTrump's nomination of Perdue as ambassador to China comes at a time of tension between the world's two largest economies. In 2003, Perdue joined Dollar General, where he became CEO.

Persons: Donald Trump, David Perdue, Perdue, Sen, Trump, he's, Trump's, Trump Perdue, He's, Jon Ossoff, Kurt Salmon, Sara Lee, Turner, Brian Kemp Organizations: Trump, Business, Democrat, Politico, Justice Department, Georgia Institute of Technology, Kurt, Kurt Salmon Associates, Dallas, Reebok, Dollar, KKR Locations: China, Asia, Singapore, Hong Kong, United States, Georgia, Washington

☆ Expect Chinese government bond yields to stay low: Fund Manager
▼ + stars: | 2024-12-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect Chinese government bond yields to stay low: Fund ManagerMonica Hsiao, Founder and CIO of Triada Capital discusses why China's government yields are likely to remain under pressure in 2025.

Persons: Monica Hsiao Organizations: Triada

☆ Macquarie's top picks for 2025 span Korea, Japan and Hong Kong — and all get over 50% upside
▼ + stars: | 2024-12-06 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Macquarie has named several Asian companies as its top picks for 2025, with predicted gains ranging from 50% to over 80% in their share prices. The investment bank screened for 25 companies that have strong market positions, clear growth catalysts, solid financial fundamentals and are set to "prosper in the year ahead." SK Hynix Korean memory chip maker SK Hynix is another stock expected to see its shares rise by 50%, driven by increasing demand for AI memory chips. Meituan Chinese technology and food delivery company Meituan is also among Macquarie's top picks for 2025. Any future stimulus measures announced by the Chinese government is also likely to benefit the stock, the bank said.

Persons: Macquarie, YTL, Kia Macquarie, Macquarie's Organizations: Kia, Tokyo, SK Hynix, Nvidia, Hanwha Aerospace Locations: U.S, Macquarie, Asia, Tokyo, China, SK Hynix Korean, Hanwha Aerospace Korean, Europe, East, Southeast Asia, Ukraine, Hong Kong

☆ Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide
▼ + stars: | 2024-12-06 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: 1 min

Uber and WeRide are partnering to offer robotaxi service in Abu Dhabi. Uber is partnering with China's WeRide to offer autonomous vehicle rides in Abu Dhabi, the companies announced on Friday. To start, each WeRide robotaxi that's hailed via the Uber app will come with a human driver present "to ensure a secure and reliable experience for riders and pedestrians," Uber said in a press statement. They aim to offer a fully driverless commercial service later in 2025 in Abu Dhabi. It's listed on the Nasdaq and also holds permits for driverless vehicle testing, or both testing and operations, in Dubai, China, Singapore and the U.S., per its website.

Persons: China's WeRide, robotaxi that's, Uber Organizations: Uber, Zayed International Airport, Nasdaq Locations: Abu Dhabi, Yas, Dubai, China, Singapore, U.S

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