Aid in china

Britain’s business secretary has ordered a full national security assessment of the £63 million (US$79 million) acquisition last year of the country’s biggest semiconductor maker by Nexperia, a Dutch subsidiary of China’s Wingtech Technology. The inquiry comes after media reports in April stating the British government would not intervene in the deal following a separate … [Read more...] about UK orders full national security review for Chinese takeover of semiconductor maker Newport Wafer Fab

A job crisis is looming for China’s youth as entry-level positions are disappearing across industries from tech to new energy vehicles amid the country’s rigid zero Covid-19 policy. Anecdotal evidence, local media reports and official statistics point to a rapid increase in the number of offers being withdrawn, a phenomenon only seen when there is a sudden and significant … [Read more...] about Job crisis looms for Chinese graduates as tech, new energy vehicle firms stop hiring amid Covid-19 lockdowns

A top Beijing health official has been sacked for “serious violations of discipline and laws” as the Chinese capital continued to battle the latest wave of Covid-19 cases. The removal of Yu Luming, 60, as director of Beijing’s municipal health commission was apparently not related to the ongoing Covid-19 pandemic as the Communist Party’s top anti-corruption watchdog, the … [Read more...] about Senior Beijing city health official sacked amid capital’s Covid battle

BANDAR SERI BEGAWAN, May 27 (Xinhua): The Brunei government ohas announced that its Early Endemic Phase will end on May 31 (Tuesday), and the guidelines for Covid-19 control measures will be updated beginning in June. As part of Brunei's National Covid-19 Recovery Framework, the country moved to the Early Endemic Phase in December last year, when local infections gradually … [Read more...] about Brunei to end early endemic phase, update Covid-19 guidelines on Tuesday (May 31)

MANILA: Philippines central bank governor Benjamin Diokno was named the nation’s finance secretary by President-elect Ferdinand “Bongbong” Marcos Jr. Diokno, whose term at Bangko Sentral ng Pilipinas (BSP) is set to end mid-next year, will succeed Carlos Dominguez in the top finance post, Marcos said in a televised briefing, confirming an earlier Bloomberg report of the … [Read more...] about Central bank’s Diokno named as Philippine finance chief