Warren Buffett’s Berkshire Hathaway bought $4.1 billion worth of shares in Taiwan Semiconductor Manufacturing Company, a key Apple supplier.
Monthly Archives For November 2022
China’s semiconductor output posts biggest ever monthly decline in October amid weak demand, fresh US tech export controls
October saw the largest single-month decrease in semiconductor manufacturing output on the mainland since records began in 1997.
China’s relaxed rules mean little if ‘zero-Covid-19’ persists in practice
Cities still struggling with outbreaks will continue to impose a slate of measures. Read more at straitstimes.com.
Harris to visit South China Sea Island after Biden’s meeting with Xi
Vice President Kamala Harris will visit the Philippine island of Palawan next week during her trip to Asia, a senior administration official told CNN.
China’s big move to end real estate crisis; expert explains how this will impact Beijing’s economy
The Chinese government on Friday released a 16-point playbook for financial officials that is aimed at helping both developers and buyers.
As Beauty Brands Shutter Stores In China, Can The Metaverse Offer A Second Chance?
Maybelline is phasing out physical China stores and prioritizing digital expansion. Can the metaverse offer struggling beauty labels a road to revival?
The 24th China Hi-Tech Fair Opens on November 15 in Shenzhen, China
CHTF 2022 will gather a total of 5,000 exhibitors, including domestic multinationals and industry champions such as China General Nuclear Power Corporation, Huawei, ZTE, and Han’s Laser, along with hi …
China has stolen more American data than any country: FBI director
FBI Director Christopher Wray briefed the House Homeland Security Committee on China’s threat to the U.S. among other worldwide threats.
China has stolen American data more than any country: FBI Director Wray
China has stolen more of Americans business and personal data than all other countries put together, FBI Director Christopher Wray told a House committee Tuesday. “China’s vast hacking program is the …
Officials elaborate on new development opportunities in China for foreign businesses
Speaking to over 200 representatives from foreign businesses attending a meeting, online or in person, Zhao Chenxin, deputy director of the National Development and Reform Commission, stressed the …
Armed Suspect Shot Dead by Police After Holding Hostage Inside Bank
Authorities in eastern China said an alleged hostage taker had been shot dead on Tuesday after the armed suspect had stormed a bank in a rare case in the highly securitized country. The Tai’an Public…
China stocks hedge fund Cederberg trims fees on poor performance -letter
Cederberg Capital, a hedge fund invested in Chinese stocks, has lowered investor fees after its returns continue to suffer by China’s reluctance to loosen its COVID policies. Hedge fund manager Dawid …
Developing countries, China seek ‘loss and damage’ fund – draft proposal
The G77 bloc of developing countries and China are proposing the establishment of a new ‘loss and damage’ fund to provide finance to countries hit by climate disasters, a draft text of their proposal …
