The Trump administration has put a pause on a number of key security measures aimed at Chinese tech ahead of an April meeting between the two countries’ presidents, reports Reuters, citing unnamed sources. The measures include a ban on China Telecom’s US operations and restrictions on sales of Chinese equipment for US data centers, the sources said. The […]
Category: Politics & Society
Chinese state-owned companies are buying foreclosed property projects, reports Reuters. The move is a sign that government efforts to reduce massive oversupply in the crisis-hit housing sector are finally getting traction, albeit at a slow pace. Analysts say the involvement of state firms may cushion the pace of further home price falls and ease the drag […]
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The Fire Horse approaches
According to Chinese astrology, the fire horse year, which comes around once every 60 years, is one of intense change with dynamism, instability and creativity at the fore. But you don’t have to be a Chinese astrologist to be able to predict that given the current state of the world. In nearly all areas, there […]
The Shanghai Integrated Circuit Industry Investment Fund, backed by the municipal government, has expanded one of its three funds more than 11-fold, reports the South China Morning Post. The move aims to pump more capital into the city’s chip firms as part of China’s broader pursuit of tech self-reliance. The third phase of the fund, also […]
The Chinese government is dramatically pumping up its investment in the development of semiconductors. The state-run Shanghai Integrated Circuit Industry Investment Fund has expanded one of its three funds more than 11-fold to RMB 6 billion in a move aimed at injecting more capital into more than 20 semiconductor firms. Semiconductors are clearly the link […]