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Asian news from China

Nikkei staff writers - U.S. Space Force in Japan a 'priority' as China threat grows - asia.nikkei.com - Japan - China - South Korea -  Seoul

U.S. Space Force in Japan a 'priority' as China threat grows

SYDNEY -- Establishing a component field command in Japan is a "priority" for U.S. space authorities as China invests heavily in capabilities that pose a threat to America's armed forces and those of its allies in the region.

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SHUNSUKE TABETA - Nikkei staff writer - China's Visionox turns up heat on Samsung, BOE in OLED panels - asia.nikkei.com - China -  Beijing - province Anhui - county Major

China's Visionox turns up heat on Samsung, BOE in OLED panels

BEIJING -- Major Chinese display manufacturer Visionox said Tuesday that it will invest 55 billion yuan ($7.6 billion) to build a plant for cutting-edge organic light-emitting diode (OLED) panels, intensifying competition in the arena with Samsung Electronics and compatriot BOE Technology.

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SHUNSUKE TABETA - Nikkei staff writer - China launches $47bn chip fund to counter U.S. restrictions - asia.nikkei.com - China -  Beijing

China launches $47bn chip fund to counter U.S. restrictions

BEIJING -- China's government has launched a new state-backed semiconductor fund worth 344 billion yuan ($47 billion), in a strategic move to counter U.S. efforts to limit its access to advanced technology.

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Nikkei staff writers - In reversal, Hong Kong shoppers flock to Shenzhen to bargain hunt - asia.nikkei.com - China - Hong Kong -  Hong Kong -  Shenzhen -  Guangzhou

In reversal, Hong Kong shoppers flock to Shenzhen to bargain hunt

GUANGZHOU/HONG KONG -- Hong Kong, previously a magnet for shoppers from mainland China, is losing local consumer spending to nearby Shenzhen, as high prices and the territory's strong currency erode its edge.

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KOSUKE INOUE - Nikkei staff writer - Asian - Thailand aims to become first Southeast Asian BRICS member - asia.nikkei.com - China - Russia - Thailand - India -  Bangkok - South Africa - Brazil

Thailand aims to become first Southeast Asian BRICS member

BANGKOK -- Thailand will apply as soon as this month to join the BRICS bloc of emerging nations, the government said on Tuesday, aiming to team up with other Global South countries in boosting its presence on the global stage.

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Jeremy Hunt - London Ipo - U.K. lawmakers urge more Shein scrutiny ahead of possible London IPO - asia.nikkei.com - China - Britain - New York -  London

U.K. lawmakers urge more Shein scrutiny ahead of possible London IPO

LONDON (Reuters) -- Senior British lawmakers, including the chairs of three parliamentary committees, have questioned fast-fashion giant Shein's suitability for a London stock market listing and called for greater scrutiny of the Chinese-founded firm.

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Nikkei staff writer - Ex-China central bank chief 'optimistic' on ending property slump - asia.nikkei.com -  Tokyo - China

Ex-China central bank chief 'optimistic' on ending property slump

TOKYO -- China will be able to overcome the crisis in its property sector, said Zhou Xiaochuan, former governor of the People's Bank of China, at the Future of Asia forum in Tokyo on Friday, stressing that economic growth, trade, and investment are stable in the country.

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SHUNSUKE TABETA - Nikkei staff writer - China's BOE chases South Korean rivals in OLEDs with new factory - asia.nikkei.com - China -  Beijing - South Korea - county Chase

China's BOE chases South Korean rivals in OLEDs with new factory

BEIJING -- China's BOE Technology Group looks to boost production of organic light-emitting diode panels by more than half within three years with a new factory, challenging rivals like Samsung Electronics as the group seeks to advance beyond its lead in LCDs.

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