FINANCE
According to Reuters, as global competition in the semiconductor industry continues to intensify, China's chip sector is accelerating efforts to achieve technological breakthroughs. Analysts say that although Huawei is advancing architectural innovations and packaging technologies, it remains constrained by critical equipment shortages and structural limitations in the global supply chain.
Facebook Banned 7 ‘Cyber Surveillance Companies for Tracking and Hacking 48,000 Users’ Devices
Meta has banned seven alleged surveillance-for-hire companies from its platforms after those parties...
US Adds More Chinese Firms to Trade Blacklist for Human Rights Abuses
The Biden administration imposed trade restrictions on over 30 Chinese companies and research institutes...
Christmas Paychecks in Jeopardy After Ransomware Attack
With Christmas just a few days away, Americans are awaiting their paychecks to spend big for the celebration...
China’s Central Bank Increasingly Under Beijing’s Control
Pressed by senior leaders anxious about the declining economic growth, the People’s Bank of China (PBOC...
Households Spending $3,500 More This Year Due to Inflation, Study Finds
Inflation is hitting record levels and Americans are spending more of their earnings on their daily needs...
China Clamps Down on Starbucks, Tesla as It Encourages Boycotts of International Brands
By Tianzi Yang A report published on Dec. 14 described a Chinese reporter trying to expose food safety...
Sen. Rubio: Consulting Firm That Served Pentagon Lied About Its Links to Chinese Government
According to Senator Marco Rubio from Florida, the world’s largest management and consulting firm McKinsey...
Bank of England Hikes Interest Rates in Bid to Battle Inflation
In an attempt to rein in inflation the Bank of England (BoE) on Thursday voted to raise interest rates...
Chinese Tech Giant Huawei Linked to Surveillance Operations and Intelligence Gathering: Report
An analysis by the Washington Post finds that Chinese telecommunications firm Huawei may have played...