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Posted on August 9, 2024

China’s SMIC Accelerates Capacity Buildout as Chip War Evolves

Semiconductor Manufacturing International Corp. is expediting its plans to build more capacity as a US-led multinational campaign is putting more restrictions on China’s access to advanced foreign ...

Posted on August 9, 2024

China’s Consumer Prices Rise Faster Than Expected in July

China’s consumer prices rose more than expected, offering hope of a recovery in domestic demand that has weighed on growth this year.

Posted on August 9, 2024

China wins 6th diving event at Paris Olympics but there are tears in chase to sweep all 8 gold

China has won its sixth gold medal in diving at the Paris Olympics as it stays on track for an unprecedented sweep of all eight at the Games.

Posted on August 9, 2024

Finance Minister Nirmala Sitharaman urges MPs to exempt medical and life insurance from GST

HT learns that the GST rate rationalisation committee, which meets later in August could consider lowering this rate.

Posted on August 9, 2024

U.S. ‘Dissatisfied’ With China’s Disclosures About Stabbings

The U.S. ambassador has criticized the handling of an attack on four instructors from an American college, but China’s foreign ministry called it an “isolated incident.” ...

Posted on August 8, 2024

“I get emotional when I think about him” – Bangladesh A skipper Anamul Haque opens up on losing his friend amid violent protests

Bangladesh A captain Anamul Haque recently expressed his sorrow at losing his dear friend Akram in the ongoing protests in the country. ( read original story ...)

Posted on August 8, 2024

China Market Update: Shenzhen’s Real Estate Policy Ignites Rally

Asian equities were mostly lower as overweight countries including Japan, South Korea, Taiwan, and, for the first time, India, succumbed to selling pressure as the US dollar weakened overnight. ( read original story ...)

Posted on August 8, 2024

China’s surprise import surge last month points to stockpiling of key tech ahead of trade restrictions, BofA says

China's imports last month surged 7.2% year-over-year, led by an influx of tech products. BofA says the increase points to stockpiling ahead of new restrictions.

Posted on August 8, 2024

China’s supply chain under scrutiny amid report HP shifting more PC production overseas

HP, the world’s second-largest personal computer vendor, has denied a report that it was shifting more than half of its production away from China.

Posted on August 8, 2024

China Responds to U.S. and Allied Drills in Contested Waters

Tensions remained high in the South China Sea this week as China organized military maneuvers near a disputed island in response to U.S. and allied drills in the same waters on the same day. China's Southern Theater Command,

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