700 Foreigners Flee Myanmar Cybercrime Crackdown
BANGKOK — Nearly 700 foreign nationals have fled Myanmar into Thailand after a military operation targeted KK Park, a Chinese-backed enclave notorious for large-scale cybercrime and human trafficking, Thai authorities announced. The Thai army reported detaining 677 individuals—618 men and … Continue reading 700 Foreigners Flee Myanmar Cybercrime Crackdown
Airbus Opens New Jet Assembly Line in China
TIANJIN, China — Airbus has opened a second jet assembly line in China as part of a broad effort to expand global production of its A320neo family, the company’s best-selling single-aisle aircraft. The new facility, located in the coastal city … Continue reading Airbus Opens New Jet Assembly Line in China
China’s Auto Boom Turns Into a Brutal Price War
MUNICH / BEIJING — At the International Motor Show (IAA) in Munich this September, Chinese automakers such as BYD, Xpeng, and Avatr arrived in force, showcasing the rapid rise of China’s electric vehicle industry. Never before had so many carmakers … Continue reading China’s Auto Boom Turns Into a Brutal Price War
Netherlands Seizes Chinese-Owned Chipmaker Nexperia
THE HAGUE – In a rare and forceful intervention, the Dutch government has taken control of Nexperia, a Chinese-owned semiconductor firm headquartered in the Netherlands, citing “serious governance shortcomings” and threats to Europe’s economic and technological security. The move underscores the … Continue reading Netherlands Seizes Chinese-Owned Chipmaker Nexperia
Germany Opens Antitrust Investigation into Temu:
BERLIN — Germany’s Federal Cartel Office (Bundeskartellamt) has launched an official antitrust investigation into Temu, one of the world’s fastest-growing online shopping platforms. The regulator suspects the Chinese-owned marketplace of imposing unlawful pricing restrictions on merchants selling to German consumers … Continue reading Germany Opens Antitrust Investigation into Temu: