Ethan Zhao
Senior Reporter
The Latest
-
TSMC Begins Chip Production for Apple in Arizona, Marking a Key Milestone for U.S. Chipmaking
Taiwan Semiconductor Manufacturing Company (TSMC) has commenced the production of Apple's A16 chips at its new fabrication plant in Phoenix, Arizona. This move marks a significant milestone for both TSMC and the U.S. government's efforts to localize semiconductor production and reduce reliance on overseas chip manufacturing. The decision to produce Apple's chips domestically aligns with Apple's commitment to reshoring production and the Biden administration's initiatives under the CHIPS Act. 
Taiwan Semiconductor Manufacturing Company (TSMC) has commenced the production of Apple's A16 chips at its new fabrication plant in Phoenix, Arizona. This move marks a significant milestone for both TSMC and the U.S. government's efforts to localize semiconductor production and reduce reliance on overseas chip manufacturing. The decision to produce Apple's chips domestically aligns with Apple's commitment to reshoring production and the Biden administration's initiatives under the CHIPS Act. -
Xi Visits Taiwan-Adjacent Province as China Refuses to Rule Out Forceful Reunification
China's increasing military activity around Taiwan and its refusal to renounce the use of force were underscored this week as President Xi Jinping visited a province directly across from the island nation. The visit followed large-scale military exercises by the People's Liberation Army (PLA), escalating the already tense situation in the Taiwan Strait. 
China's increasing military activity around Taiwan and its refusal to renounce the use of force were underscored this week as President Xi Jinping visited a province directly across from the island nation. The visit followed large-scale military exercises by the People's Liberation Army (PLA), escalating the already tense situation in the Taiwan Strait. -
China Eyes $850 Billion Debt Plan to Boost Economic Growth, But Investors Remain Cautious
China is preparing to issue a significant amount of new debt in an effort to boost its sagging economy and address the mounting financial burdens faced by local governments. According to a report by Caixin Global, the country may raise as much as 6 trillion yuan ($850 billion) over the next three years through special treasury bonds. This figure, while substantial, has failed to generate much excitement among investors, who are increasingly concerned about the effectiveness of China's stimulus measures. 
China is preparing to issue a significant amount of new debt in an effort to boost its sagging economy and address the mounting financial burdens faced by local governments. According to a report by Caixin Global, the country may raise as much as 6 trillion yuan ($850 billion) over the next three years through special treasury bonds. This figure, while substantial, has failed to generate much excitement among investors, who are increasingly concerned about the effectiveness of China's stimulus measures. -
China Sends Record 153 Warplanes Near Taiwan in Escalating Military Drills
China's military conducted a record number of aircraft operations around Taiwan during large-scale drills on Monday, marking a new level of tension between Beijing and Taipei. Taiwan's Defense Ministry reported that 153 Chinese warplanes, including fighter jets, drones, and other aircraft, were detected within a 25-hour period, with 111 of those crossing the sensitive Median Line in the Taiwan Strait. 
China's military conducted a record number of aircraft operations around Taiwan during large-scale drills on Monday, marking a new level of tension between Beijing and Taipei. Taiwan's Defense Ministry reported that 153 Chinese warplanes, including fighter jets, drones, and other aircraft, were detected within a 25-hour period, with 111 of those crossing the sensitive Median Line in the Taiwan Strait. -
North Korea Destroys Inter-Korean Roads, Severs Ties with South as Tensions Escalate
North Korea escalated tensions on the Korean Peninsula on Tuesday by demolishing key inter-Korean roads and rail links along its heavily fortified border with South Korea. 
North Korea escalated tensions on the Korean Peninsula on Tuesday by demolishing key inter-Korean roads and rail links along its heavily fortified border with South Korea. -
North Korea to Blow Up Key Border Roads, Escalating Threat of Military Conflict with South Korea
Pyongyang accused Seoul of drone provocations and is ready to sever cross-border links, heightening fears of renewed hostilities along the Demilitarized Zone. 
Pyongyang accused Seoul of drone provocations and is ready to sever cross-border links, heightening fears of renewed hostilities along the Demilitarized Zone. -
China's Export Growth Slows Sharply as Global Demand Weakens, Raising Concerns for Economy
China's export growth slowed sharply in September, raising new concerns about the outlook for the world's second-largest economy. According to data released by the Chinese customs office on Monday, exports rose just 2.4% year-on-year in U.S. dollar terms, a significant decline from the 8.7% increase reported in August. Imports grew by a mere 0.3%, reflecting weak domestic demand and adding to fears of a broader economic slowdown. 
China's export growth slowed sharply in September, raising new concerns about the outlook for the world's second-largest economy. According to data released by the Chinese customs office on Monday, exports rose just 2.4% year-on-year in U.S. dollar terms, a significant decline from the 8.7% increase reported in August. Imports grew by a mere 0.3%, reflecting weak domestic demand and adding to fears of a broader economic slowdown. -
Nobel Prize in Economics Awarded to Economists for Groundbreaking Research on Global Wealth Disparity
Daron Acemoglu, Simon Johnson, and James Robinson were awarded the 2024 Nobel Prize in Economic Sciences for their groundbreaking research on the roots of global inequality, shedding light on why some nations are rich while others remain poor. 
Daron Acemoglu, Simon Johnson, and James Robinson were awarded the 2024 Nobel Prize in Economic Sciences for their groundbreaking research on the roots of global inequality, shedding light on why some nations are rich while others remain poor. -
China and Vietnam Boost Economic Cooperation with Agreements on Trade, Payments, and Rail Links
Vietnam and China have signed a series of agreements aimed at enhancing economic cooperation, with a focus on agriculture, trade, and cross-border payments. The deals were formalized during Chinese Premier Li Qiang's three-day visit to Hanoi, marking a significant boost in ties between the two neighboring nations, which have long-standing economic and political links. The agreements reflect both countries' intent to expand collaboration across a range of sectors, amid ongoing regional geopolitical shifts. 
Vietnam and China have signed a series of agreements aimed at enhancing economic cooperation, with a focus on agriculture, trade, and cross-border payments. The deals were formalized during Chinese Premier Li Qiang's three-day visit to Hanoi, marking a significant boost in ties between the two neighboring nations, which have long-standing economic and political links. The agreements reflect both countries' intent to expand collaboration across a range of sectors, amid ongoing regional geopolitical shifts. -
China Signals Debt Increase, But Leaves Investors Wanting Details on Stimulus Plans
China's highly anticipated briefing on economic stimulus left global investors with more questions than answers, as Finance Minister Lan Fo'an hinted at increasing the national deficit but stopped short of providing concrete details on the scale of the proposed measures. 
China's highly anticipated briefing on economic stimulus left global investors with more questions than answers, as Finance Minister Lan Fo'an hinted at increasing the national deficit but stopped short of providing concrete details on the scale of the proposed measures.
