China’s Social Credit System

In brief: SK Hynix is planning to select a site in the US for a future chip packaging plant and break ground as soon as the first quarter of 2023 according to sources familiar with the matter as reported by Reuters. The sources were not named as they are unauthorized…

China’s Contemporary Amperex Technology Co. Ltd. (CATL) has announced plans to invest €7.34 billion ($7.6 billion) to build a 100 GWh battery plant in Debrecen, Hungary. It will be the company’s second battery cell manufacturing facility in Europe. August 12, 2022 Marija Maisch The list of planned gigawatt-scale battery cell…

Tourists visit Maya bay after Thailand reopened its world-famous beach after closing it for more than three years. Picture taken January 3, 2022. REUTERS/Athit Perawongmetha Register now for FREE unlimited access to Reuters.comThailand's GDP seen growing 3.1% y/y in Q2 vs 2.2% in Q1Q2 GDP seen at 0.9% q/q sa…

In a statement issued on August 10, Taiwan's Mainland Affairs Council (MAC) stated that the island nation and China are not subordinate to each other, and that the Taiwanese people strongly oppose Beijing's "one country, two systems" approach. According to the MAC, the Republic of China (Taiwan) is a sovereign country that…

BEIJING: A Beijing court on Wednesday dismissed an appeal by a plaintiff in a high-profile Chinese sexual harassment case involving a well-known host of state broadcaster CCTV, a decision likely to deal a blow to China’s #MeToo movement. Zhou Xiaoxuan, 29, accused one of CCTV’s premier entertainment show hosts, Zhu…

U.S. President Joe Biden has signed the CHIPS and Science Act, which aims to boost U.S. competitiveness against China by allocating billions of dollars toward domestic semiconductor manufacturing and scientific research. "The United States must lead the world in the production of these advanced chips. This law will do exactly…

Game engine developer Unity announced on August 9 that it has entered into an agreement with leading partners to form a new regional joint venture called Unity China. The entity will unlock new opportunities to partner with local companies and increase R&D investment to better serve the needs of the…

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T he mastheads lead with Liz Truss’ economic vision and shocking claims about the behaviour of former Manchester United player Ryan Giggs. The Daily Mirror cites the title of a Grease tune as it says it remains “hopelessly devoted to you” following the death of singer and actor Olivia Newton-John…

China carried out fresh military drills around Taiwan Monday, Beijing said, defying calls to end its largest-ever exercises encircling the island in the wake of a visit by US House Speaker Nancy Pelosi. Beijing has raged at the trip by Pelosi — the highest-ranking elected US official to visit Taiwan…