News That Matters

Tag: Economy & Policy

China Is Open Again. 13 Ways to Tap Into Its Recovery Right Now.
Business

China Is Open Again. 13 Ways to Tap Into Its Recovery Right Now.

Chinese stocks look poised to keep bouncing into the Year of the Rabbit. As authorities peel back some of the last Covid restrictions this weekend and policy makers prioritize reviving the world’s second largest economy, Chinese stocks stand to recoup some of the steep losses of the past two years.  On the economic front, more dismal developments are likely forthcoming in the first quarter as Covid cases mount and China grapples with the public-health mess created by its abrupt pivot away from zero-Covid restrictions and the threat of lockdowns. Source link
U.S. Adds Top Chinese Chip Maker to Export Blacklist
Technology

U.S. Adds Top Chinese Chip Maker to Export Blacklist

The U.S. government on Thursday said it intends to place one of China’s most advanced memory-chip manufacturers on an export blacklist, ramping up efforts to restrict Chinese technology. Yangtze Memory Technologies Co., or YMTC,  is to be added to the Commerce Department’s entity list, which restricts companies’ ability to acquire U.S. technology and intellectual property. It is one of 36 Chinese companies being placed on the list from Friday.  Source link