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

Troubled property developer is the latest builder to face a debt crisis, but has been told by Beijing to finish homes it has already sold

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