BEIJING (Reuters) – Taiwan’s Foxconn plans to invest 1 billion yuan ($137.5 million)to construct a new business headquarters in Zhengzhou, China, according to a statement on Wednesday.
Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questions
In Taiwan, the Taiex fell 2.3%, as computer chip-maker Taiwan Semiconductor Manufacturing Co.’s shares sank 3.5%, extending losses triggered by a report that Washington might double-down on restrictions on sales to China of semiconductors and equipment used to make and test them.
Strict export controls on China can have ‘unintended consequences’
The Biden administration weighs tighter trade restrictions on chip exports to China. Additionally, former President Trump — now the confirmed Republican nominee — commented that Taiwan should be …
Could a Trump-Vance win reshape America’s relationship with China – and Taiwan?
The official launch of the Republican presidential campaign ticket of Donald Trump and JD Vance this week has been closely scrutinized by governments around the globe looking for clues to what a return of an “America First” foreign policy might look like – including in the world’s second-largest economy.
UK wage growth slows; global chip stocks fall amid growing tensions between US, China and Taiwan – business live
Despite cooling labour market, some economists say rate cut more likely in September than August. Introduction: UK wage growth slows; global chip stocks fall amid growing tensions between US, China …
China says it has halted arms-control talks with US over Taiwan
China has halted nascent nuclear-arms-control talks with the United States, its foreign ministry said on Wednesday, in a protest of Washington’s arms sales to the democratically governed island of …
Stock market news today: Nasdaq sinks over 2% as China curb risk rattles techs
Techs were under dual pressure from worries about US export curbs on China and Donald Trump’s stance on Taiwan.
Taiwan’s Blunt-Talking Leader Faces China’s Backlash
China is putting more military and political pressure on Taiwan and its new president, whose rhetoric has been sharper than his predecessor’s.
New top US envoy to Taiwan pledges to help island defend itself, China responds with show of force
Raymond Greene, director of the American Institute in Taiwan, promised to help Taiwan’s defend itself. China then flew 66 warplanes near the island in an apparent show of force.
Songs, pandas and praise for Xi: how China courts young Taiwanese
They aim to immerse Taiwanese high-schoolers and university students in Chinese culture and to foster their sense of Chinese nationalism. Before 2020 several thousand Taiwanese students went to China each summer for internships and exchanges.