Thailand’s telecommunications regulator cleared a planned merger between Telenor ASA’s local unit and True Corp Pcl with some conditions, removing the final hurdle in creating the Southeast Asian …
Monthly Archives For October 2022
China property stocks rise after easing of share financing rules
China has barred its property firms or property-related firms from financing via the domestic A-share market since end-2018, including both IPOs and additional or follow-up share sales. Some companies …
US charges seven over alleged Beijing plot to forcibly repatriate ‘elite’ Chinese
US attorney in New York criticises ‘outrageous violations of national sovereignty’ and alleges campaign of harassment against US resident …
Beijing steps up Covid measures as cases quadruple during key CCP congress meeting
Residential compounds with suspected cases put under lockdown as outbreak coincides with crucial political event for president Xi Jinping …
Chinese heating products see orders surge from Europe during Canton Fair
Many Chinese home appliance enterprises saw demand for their heating products rise from the European market during the ongoing 132nd session of the China Import and Export Fair, or Canton Fair, the …
The greatest risk to China’s Xi Jinping? Himself
China’s economy is faltering. Unemployment is skyrocketing. Endless Covid lockdowns are wreaking havoc on businesses and people’s lives. The property sector is in crisis. Ties between Beijing and …
China Summons Chip Firms for Emergency Talks After US Curbs
China’s top technology overseer convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the Biden administration’s sweeping …
Foxconn says production normal at iPhone plant in China despite COVID curbs
Taiwan electronics manufacturer Foxconn said on Friday production at its largest iPhone factory remains normal, despite tightening COVID-19 restrictions at the plant in the Chinese city of Zhengzhou …
China Locks Down Parts of Xi’an as Covid Zero Curbs Ripple
China locked down parts of the central metropolis of Xi’an, confining some of the city’s 13 million people to their homes for at least a week, and other major hubs are rolling out virus restrictions…
More Pain For China? Team Biden’s Tech Curbs May Reportedly Expand To AI, Quantum Computing
The Biden administration is considering the possibility of fresh export curbs that would limit China’s access to some of the most powerful emerging computing technologies including quantum computing …
US Eyes Expanding China Tech Ban to Quantum Computing and AI
The Biden administration is exploring the possibility of new export controls that would limit China’s access to some of the most powerful emerging computing technologies, according to people familiar …
China’s YMTC denies report it took part in meetings on chip curbs
Chinese chip maker Yangtze Memory Technologies (YMTC) denied a report that it had participated in emergency meetings to discuss the impact of U.S. sanctions.
China’s economy will probably grow less than 3% this year, says economist
Michelle Lam of Societe Generale says the Shanghai lockdown in the second quarter is a significant reason for slowing growth.
