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China Vanke Gets S&P Downgrade, Faces Rejig Amid Debt Crisis

Beijing has moved to expand its REITs scheme to help developers raise money more easily after the state-owned Vanke became the latest builder to face a debt crisis

Vietnam’s 5G Deals With Huawei, ZTE Raise US Concerns
China’s Baidu Laying Off Staff After Third Quarter Loss: Sources

The AF Big Picture

ASML in the Centre of the Chip War

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