Chip war policy hurting US firms more than China

On October 7, the US Department of Commerce expanded licensing requirements for exports of advanced semiconductors and the equipment that’s used to make them to cover all shipments to China and not just shipments to particular companies. The share prices of companies expected to be affected had already dropped, discounting previously announced sanctions and the […]Continue Reading

Slim pickings for Thais on foreign soil

Living in Pathum Thani as a construction worker, Aut, 36, always dreamed of having a big income that could change his life. When he heard from his friends that picking berries in Sweden for just a couple months a year would mean a significant boost to their incomes, he jumped at the chance to travel and earn.Continue Reading

Nippon Steel pouring big money into India and Thailand

Nippon Steel and ArcelorMittal, two of the world’s largest steel companies, have turned their attention to India and Thailand amid weakening demand in Japan and the energy crisis in Europe. The ArcelorMittal Nippon Steel India joint venture (AM/NS India) has announced two new initiatives to expand operations in India: New construction and capacity expansion of […]Continue Reading

Chinese American gangster transformed cartel money laundering

This story was first published by ProPublica, a Pulitzer Prize-winning investigative newsroom. In 2017, US Drug Enforcement Administration agents following the money from cocaine deals in Memphis, Tennessee, identified a mysterious figure in Mexico entrusted by drug lords with their millions: a Chinese American gangster named Xizhi Li. As the agents tracked Li’s activity across […]Continue Reading

China-based US chip experts face stay-go dilemma

Hundreds of top engineers and executives working for Chinese chip companies are facing a tough decision about whether they should stay in mainland China amid the United States’ sanctions. They include those who were born in China but hold US passports after finishing their studies and gaining their working experience in America. Chinese media said […]Continue Reading