Hong Kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook during a ceremony to unveil its $40 billion manufacturing site in Arizona — a huge investment designed to help secure America’s supply of the most advanced chips. But back home in Taiwan, there is […]
The world’s first C919, a Chinese-made narrowbody jet, was delivered to launch customer China Eastern Airlines (CEA) in Shanghai on Friday and took off for a 15-minute flight to mark the historic moment. The plane, a rival to the Airbus (EADSY) A320neo and Boeing (BA) 737 MAX single-aisle jet families, is expected to make its […]
Hong Kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars of deals with the world’s largest oil exporter and meet leaders from across the Middle East. The visit is a sign that […]
The United States will increase the rotational presence of air, land and sea forces in Australia, including bomber aircraft and fighter jets, US Defense Secretary Lloyd Austin said Tuesday, amid shared concerns about China. Speaking after annual AUSMIN talks between the allies, Austin said the two countries also agreed to “invite Japan to integrate into […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — Democrats and Republicans in Congress are gearing up for yet another political showdown […]
Hong Kong CNN Business — Global traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind Covid restrictions following widespread protests. Multiple cities across China loosened Covid-19 restrictions over the weekend. Starting Monday, Shanghai residents will no longer require a negative Covid test result to enter outdoor venues including […]
London CNN — Beijing has set up more than 100 so-called overseas police stations across the globe to monitor, harass and in some cases repatriate Chinese citizens living in exile, using bilateral security arrangements struck with countries in Europe and Africa to gain a widespread presence internationally, a new report shared exclusively with CNN alleges. […]
CNN — Chinese President Xi Jinping has acknowledged the frustration within China amid his government’s unrelenting zero-Covid strategy, a European Union official told CNN, in his first known remarks on the protests that have erupted across the country in recent days. Xi told visiting European Council President Charles Michel in Beijing on Thursday that the […]
Hong Kong CNN — For more than five years, Sharapat Mohamad Ali and her brother Mohamad had been unable to contact their family in far western China, where the government has been accused of incarcerating up to 2 million Uyghur Muslims and other ethnic minorities in internment camps. They believe their father and brother are […]
London CNN Business — Europe is becoming increasingly reliant on China for trade, and many of its top companies are eager to invest in the world’s second biggest economy despite the disruption caused by Covid lockdowns. But a souring relationship with an increasingly unpredictable Beijing, regret about the price Europe has paid for getting too […]
