Taiwan currently produces around 65% of semiconductors used globally and about 90% of the advanced chips, making it the most significant producer of a vital electronic component.
Monthly Archives For March 2023
IMF chief warns of ‘risks’ to global financial stability, but China showing signs of recovery
The head of the International Monetary Fund called for greater vigilance over the global financial system during a speech in China on Sunday in which she also pointed to “green shoots” emerging in the …
Tokyo demands China free Japan national detained in Beijing
Tokyo has demanded that China release a Japanese national who was detained in Beijing earlier this month, Japan’s top government spokesperson said Monday. Chief Cabinet Secretary Hirokazu Matsuno told …
Alibaba founder Jack Ma returns to China for school visit – SCMP citing sources
Alibaba founder Jack Ma has returned to China and visited a school he founded in the city of Hangzhou, the South China Morning Post reported on Monday, citing sources.
Jack Ma’s Self-Exile Undercuts China’s Pitch to Private Business
Even as leaders voice “unwavering support” for the private sector, one of the country’s best-known entrepreneurs is choosing to remain overseas.
US corporates and China hug awkwardly in Beijing
Executives from Apple , Visa and others popped up at the China Development Forum at the weekend, the country’s flagship investment conference. For many it was their first chance to physically visit the People’s Republic…
Technology leaders not taking sides in G2 tension by visiting China
Despite an escalating technology standoff between the US and China, top executives of multinational corporations are visiting China, showing their commitment to the East Asian country.
China’s Baidu cancels ChatGPT-like Ernie bot’s livestreamed product launch
Chinese search engine giant Baidu on Monday cancelled a planned livestreamed product launch open to media and public related to its ChatGPT-like Ernie bot.
China science, technology news summary — March 27
The following is a summary of published science and technology news of China. POTENTIAL NEW ENERGY BASE. Chinese researchers have recently evaluated …
China’s central bank conducts 255 bln yuan of reverse repos
China’s central bank continued to inject funds into the financial system through open market operations on Monday. The People’s Bank of China said on its website that it has conducted 255 billion yuan …
China creates a new world order as Biden ignores the threats
As Chinese President Xi Jinping told Russian President Vladimir Putin at the end of their three-day summit in Moscow last week, “Right now we’re seeing a change we haven’t seen for 100 years, and …
The cloud over China’s entrepreneurs raises capital flight risk
We’ll send you a myFT Daily Digest email rounding up the latest Chinese business & finance news every morning. Until recently Bao Fan was hardly a well-known name outside China, despite encapsulating …
China’s industrial profits slump in January-February as COVID-19 pain lingers
Profits at industrial firms in China declined 22.9 per cent in the first two months of 2023 from the year before, official data showed on Monday, as the factory sector struggles to claw its way…