The Biden administration intends to exempt SK Hynix and Samsung from the brunt of new Chinese memory chipmaker restrictions intended to thwart Beijing’s technological ambitions and obstruct its military advancements, according to reports quoting sources. According to the sources, requests… Read More ›
Day: October 8, 2022
Caixin PMI Shows A Decline In China’s Services Activity For The First Time Since May
According to a private-sector business survey released on Saturday, China’s services activity shrank in September for the first time in four months as COVID-19 restrictions weakened the country’s already brittle demand and lowered investor confidence. The COVID containment measures disrupted… Read More ›