China to fine netizens for ‘liking’ posts after zero Covid protests – CNN | CarTailz

Hong Kong CNN business — Internet users in China will soon be held liable for liking posts deemed illegal or harmful, stoking fears the world’s second-largest economy plans to control social media like never before. China’s internet watchdog is stepping up its regulation of cyberspace as authorities ramp up their crackdown on online dissidents amid … Read more

‘White Paper’ protests: China’s top stationery supplier says it still sells A4 sheets – CNN | CarTailz

Hong Kong CNN business — The rare protests, which swept across China over the weekend, often featured protesters holding blank sheets of paper, a phenomenon that has caused problems for the country’s top stationery chain. In a symbolic protest against censorship, young protesters held up white sheets – a metaphor for the critical social media … Read more

Apple has a huge problem with its supplier’s iPhone factory in China – CNN | CarTailz

Hong Kong CNN business — A violent workers’ revolt at the world’s largest iPhone factory in central China further shakes Apple’s strained supply and highlights how the country’s strict zero-Covid policy is hurting global tech companies. The troubles began last month when workers left the factory campus in Zhengzhou, capital of central Henan province, amid … Read more

Apple has a huge problem with its supplier’s iPhone factory in China – CNN | CarTailz

Hong Kong CNN business — A violent workers’ revolt at the world’s largest iPhone factory in central China further shakes Apple’s strained supply and highlights how the country’s strict zero-Covid policy is hurting global tech companies. The troubles began last month when workers left the factory campus in Zhengzhou, capital of central Henan province, amid … Read more

US-China chip war spills over into Europe – CNN | CarTailz

Hong Kong CNN business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West over possible Chinese control of critical infrastructure. Last week, the new owner of Britain’s largest chipmaker was asked to reverse its takeover just days after the sale of another … Read more

US-China chip war spills over into Europe – CNN | CarTailz

Hong Kong CNN business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West over possible Chinese control of critical infrastructure. Last week, the new owner of Britain’s largest chipmaker was asked to reverse its takeover just days after the sale of another … Read more

Foxconn offers to pay workers to leave its largest iPhone factory after violent protests – CNN | CarTailz

Hong Kong CNN business — Foxconn has offered to pay newly hired workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly plant to quell protests that have seen hundreds clashed with security forces at the compound in central China. The Apple supplier made the offer Wednesday after dramatic scenes of violent … Read more

Breakingviews – Nickel IPO puts Jakarta at center of China’s electric car boom – Reuters | CarTailz

HONG KONG, Nov 23 (Reuters Breakingviews) – A Hong Kong listing puts Jakarta at the heart of China’s electric car boom. Lygend Resources & Technology (2245.HK), a Chinese nickel trader, is looking to raise up to $594 million in an IPO to expand in Indonesia. The company’s presence in the resource-rich archipelago allows it to … Read more

US-China meeting lays groundwork for stronger economic ties – CNN | CarTailz

Hong Kong CNN business — Officials attending the first US-China summit under the new Biden administration in March 2021 exchanged undiplomatic words, highlighting the strained relationship between the world’s two largest economies grappling with a simmering trade war. Since then, relations between the United States and China have continued to cool, particularly after US House … Read more

EV battery makers race to develop cheaper cell materials, bypassing China – Reuters.com | CarTailz

Nov 15 (Reuters) – US and European startups are racing to develop new batteries using two abundant, cheap materials – sodium and sulfur – that will reduce China’s battery dominance, alleviate looming supply shortages and lead to electric vehicles (EVs) for the could lead to mass market. Today’s electric vehicles are powered by lithium-ion batteries … Read more