The CHIPS and Science Act is a major, bipartisan plan to compete more effectively with China. But it places too much emphasis on subsidies and state direction.
Monthly Archives For August 2022
The Download: corruption in China’s chip sector and VR’s psychedelic experiments
Corruption is sending shock waves through China’s chipmaking industry The news: China’s chipmaking industry has descended into chaos, with at least four top executives associated with a state-owned …
China poses a threat to the whole world
They split after World War II with Taiwan gradually becoming a prospering democratic republic respecting human rights and not having to endure Mao Tse-tung’s murderous ruination from which China has …
Chart of the Day: China’s IPO Queue Gets Longer as Covid Curbs Ease
The number of companies waiting in line to go public on the Chinese mainland’s stock markets has reached around 1,000, as the economy began to pick up steam after Covid restrictions in some of its…
Get Ready for 3 Days of Heavy Rain in Shenzhen
Shenzhen is about to be hit with a 3-day consecutive spell of wet weather starting tomorrow (Tuesday, August 9), with each day bringing heavier rain than the next. Despite China officially welcoming …
As China’s property crisis deepens, experts see a silver lining for India
The crisis that started with the collapse of real estate giant Evergrande has become worse for China, with several property giants now showing signs of potential loan defaults …
China’s Mortgage Boycott: Could Property Sector Cracks Lead to Systemic Risk?
China’s widening mortgage boycott has raised fears of a further downward spiral of the property sector – a potential threat to financial stability in a country already under pressure from stalled …
Companies in China distance themselves from Taiwan amid Pelosi backlash
From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following last week’s visit to the island …
Taiwan Says Economic Ties to China Make More Sanctions Unlikely
China’s economic measures against Taiwan are unlikely to have a major impact on trade between the two economies given how closely they’re intertwined, a finance ministry official in Taipei said Monday …
U.S. banned imports from China’s Xinjiang region. Will Americans object?
When companies promise concrete action on human rights violations, Americans are less likely to support government intervention. This time, there’s a catch.
Hong Kong shortens its quarantine for inbound travelers—with a catch. It’s importing a version of mainland China’s ubiquitous health code app
Hong Kong is pursuing two goals at once—reducing COVID cases and reviving business travel. It may not achieve either.
‘We’re accessing a totally different world’: How Endeavor is shifting focus in China
Sum Huang is only a year into his tenure as chief executive of Endeavor China but the former XG Entertainment boss is already charting a new course for the company.
China resort lockdown: Escaping to Sanya only to face fresh curbs
Kyle Newton was hoping for a break in the resort of Sanya on Hainan island – known as “China’s Hawaii” – after a enduring harsh two-month Covid lockdown in Shanghai. His Hainan trip was due…
