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President Xi was reported to have told the top US diplomat that China and the US should be “partners, not rivals” and avoid engaging in “vicious competition.”
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Asia Media Digest
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Daily roundup of the best New Economy stories from other media
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Asia Financial TV
Experts say that if a sale of TikTok does go through, it would be one of the most complicated and expensive transactions in history, requiring months if not years of due diligence
Investors were in optimistic mood on Wednesday as technology shares led the charge amid easing concerns over conflict in the Middle East
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The AF Big Picture
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China’s ‘Self-Interest’ May Be Adding to Global InflationChina’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation
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Oil & GasIndia Is Likely Exporting Refined Russian Oil to the WestIndia’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Market InsightsFresh snap lockdowns put China’s economic recovery in perilChina’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
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MarketsApple Asks Suppliers in Taiwan to Meet China Label StandardsUS tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
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