China Halts Chip Investment
The coronavirus pandemic has caused immense damage to China, causing them to temporarily halt the huge investments they had made in semiconductors to help catch up to the United States, South Korea, and Taiwan.
For finance, families, and a well-planned future.
The coronavirus pandemic has caused immense damage to China, causing them to temporarily halt the huge investments they had made in semiconductors to help catch up to the United States, South Korea, and Taiwan.
Apple has told expectant iPhone customers that deliveries of their new devices could take some time after China's draconian Covid lockdown measures were instigated in the world's largest iPhone factory, causing it to be closed.
Most countries worldwide would be happy at the moment to have an inflation rate of 2.8%, but not China, where it represents the fastest consumer inflation since April 2020 and is slightly higher than the 2.5% year-on-year level seen in August.