China Loses One-Third of Billionaires; Apple Boosts iPhone Production in India | China in Focus

by EditorR

China is losing a third of its dollar billionaires in just three years. Plus, we take a look at who made the country’s top ten list this year, with many of them facing controversies in the United States.

The United States is cracking down on investments in China’s tech sector, with new rules targeting AI and other areas.

Senators are urging the Biden administration to close a loophole used by Chinese drug dealers. They say the criminals are using a duty-free program to smuggle fentanyl chemicals into America.

China has detained a South Korean national on suspicion of espionage. The case is highlighting Beijing’s tightened control over foreigners living in the country, as an expanded anti-spy law gives authorities even greater power.

  1. China Loses 1/3 of Billionaires With Weak Economy
  2. US Finalizes Investment Curbs on China’s Chip, AI Tech
  3. National Security Risks of Semiconductors
  4. TSMC Suspends Shipments to China-Based Sophgo
  5. Senators Urge Government to Close US Customs Loophole
  6. US Approves $2 Billion Arms Sale to Taiwan
  7. First S. Korean Detained Under China’s New Espionage Act
  8. Apple Boosts iPhone Production in India
  9. Fleming: Why Let Anti-US Regime Sell US Toxic Goods?
  10. French Naval Vessel Passes Through Taiwan Strait
  11. Swiss University Breaks from Chinese University
  12. Carmakers Face Pressure From Subsidized Chinese Rivals
  13. N. Korea Blames S. Korea for Drone Intrusion
  14. 14,800 Kindergartens Closed in China: 2023

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