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The investment, in a chip packaging facility in the Chinese city of Xian, will include buying packaging equipment from a Xian-based subsidiary of Taiwan's Powertech Technology
Beijing was talking tough on Friday in the lead-up to a visit by Antony Blinken, warning that "irresponsible hegemonic behaviour .. will only push China and the US towards confrontation"
Headquartered in Beijing, and established by Chinese President Xi Jinping in 2016, the Asian Infrastructure Investment Bank has been touted as a Chinese alternative to the World Bank
Pictures of young Chinese graduating from universities have taken a darker turn this year because 11.6 million students face dim job prospects at a time of record youth unemployment
Chinese tech giant said it would invest 'billions of dollars' - in training, advertising, supporting small vendors looking to join its e-commerce platform TikTok Shop, and more
China Labour Bulletin recorded over 140 strikes at factories across the country in the first five months of this year, the highest since 2016
The under-pressure tech firm secured 52% of the contracts, representing 45,426 base stations, in a deal that could be worth $574 million
US lawmakers are set to introduce a bill to eliminate a tariff exemption widely used by e-commerce sellers to send small orders from China to US shoppers
The China-owned short video app was used by 20% of 18-to 24-year-olds for news, up five percentage points from last year
The speed of the yuan's slide has caught many off-guard. JP Morgan recently downgraded its year-end yuan forecast, from 6.85 per dollar to 7.25 per dollar.
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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