Thanks to its specialized machinery and the world’s insatiable hunger for more powerful chips, ASML has been able to put up impressive financial numbers, even in a tough time for the chip sector …
Tagged By china
China signals ‘business as usual’ in foreign policy with return of Wang Yi
Mystery surrounds removal of Qin Gang as foreign minister, but one thing is clear: Xi Jinping retains tight control …
China’s sharp-tongued foreign minister is ousted, but his combative style is expected to continue
China’s sharp-tongued foreign minister, Qin Gang, was something of an avatar for nationalist Communist Party leader and President Xi Jinping, warning of “conflict and confrontation” with the U.S., the stakes of which could be the…
Fijian leader trips while looking at cellphone, cancels trip to China
Prime Minister Sitiveni Rabuka had planned to attend the opening of the World University Games in Chengdu, where he would have met President Xi Jinping.
US willing to take ‘targeted’ actions against China for national security, Treasury official says
U.S. Treasury Undersecretary Jay Shambaugh said on Wednesday the Biden administration will not hesitate to take targeted actions against China to secure the national security interests of the U.S. and its allies and to protect…
The Download: overhauling air conditioning, and China’s fast fashion war
As extreme heat continues to shatter records around the globe, demand for air conditioning is expected to triple in the next few decades. That’s why the race to build more efficient air conditioners …
China widens scope of tight import controls on Japanese food -Jiji
Hong Kong has strengthened inspection of vegetable imports from Japan, expanding the scope of tighter controls beyond seafood after Tokyo confirmed plans to release treated radioactive water from …
Worldcoin struggles to find new users willing to scan iris for crypto
The project has drawn scrutiny from many well-known faces in the crypto community including Ethereum co-founder Vitalik Buterin and Twitter co-founder Jack Dorsey.
De-risking from China will lead to a ‘more expensive world,’ warns CEO of Singapore’s $290 billion investment firm: ‘It’s an insurance policy, you pay a premium’
Decoupling from China is out; “de-risking” from China is in … The firm’s portfolio also included a few high-profile failures, like ecommerce startup Zilingo and crypto exchange FTX. Around 53% of …
Sequoia Capital China’s Portfolio Companies In Washington’s Crosshairs
Shein and Temu are the subject of legislation that could ban them from duty-free access to U.S. consumers. Sequoia Capital China is one of their most important investors.
China May Bring In Swap Scheme for Hidden Local Gov’t Debt, Experts Say
(Yicai Global) July 26 — China’s central government will likely introduce a swap scheme for hidden local government debts to help address the issue, according to financial experts.
China’s Politburo Calls for Speedier Issuance of Local Gov’t Special Bonds
China’s positive fiscal policies have been mostly having two tools in recent years, policies to cut taxes and fees to ease companies’ burden and stimulate the market and large-scale special local government bonds to expand…
China’s Economy Looks Weak, Bad News For U.S. Exports
China’s economy should grow by 5.5% in 2023, according to the consensus of professional forecasters—but the consensus seems overly optimistic.