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Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy
With $500bn worth of trade in the crosshairs of Donald Trump’s tariffs, Xi Jinping is preparing for four more years of unpredictability. China is bracing itself for four years of volatile relations ...World - The Guardian - November 8 -
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.Business - The New York Times - November 8 -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - November 8 -
House Committee Targets Chip Technology Firms for China Ties
It requested information from a handful of firms that make chip manufacturing possible about their commercial ties to China.Business - The New York Times - November 8 -
TSMC to close door on producing advanced AI chips for China from Monday
World’s biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processorsWorld - Financial Times - November 8 -
Philippine president signs new laws to secure sea territory, clashing with China
Philippine President Ferdinand Marcos Jr. has signed two laws reaffirming the extent of his country’s maritime territories and right to resources, including in the South China Sea, where the new ...World - ABC News - November 8 -
China unveils 10tn yuan support for debt-stricken local government
Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...World - The Guardian - November 8 -
Steve Madden says it will cut production in China to avoid Trump tariffs
The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.Top stories - CBS News - November 8 -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - November 9