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Asian news from Shanghai

Xi Jinping - Jeff Pao - SMIC to sell Huawei costly, inefficient 5nm chips - asiatimes.com - China - Taiwan - Usa -  Beijing -  Shanghai

SMIC to sell Huawei costly, inefficient 5nm chips

Semiconductor Manufacturing International Corp (SMIC), China’s largest chip maker, reportedly will mass produce 5-nanometer chips for Huawei Technologies later this year despite low yields and high production cost.

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China markets slump to 5-year lows as regulator promises to protect small investors - apnews.com - China - Hong Kong -  Shanghai -  Bangkok -  Shenzhen

China markets slump to 5-year lows as regulator promises to protect small investors

BANGKOK (AP) — Chinese shares gyrated on Monday, sinking to 5-year lows after market regulators sought to reassure jittery investors with a promise to crack down on stock price manipulation and “malicious short selling.”

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Julian Ryall - More Japanese expats in US, China returning home amid rising costs of living - scmp.com - Japan - China - Usa -  Shanghai - Britain -  Bangkok -  Los Angeles

More Japanese expats in US, China returning home amid rising costs of living

An increasing number of Japanese who had been long-term overseas residents are opting to return home, with the Japanese populations of Shanghai and New York showing particularly sharp declines, a demographic trend that some attribute to the pandemic and economic pressures.

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China replaces head of securities regulator amid market turmoil - asia.nikkei.com - China -  Beijing - Hong Kong -  Shanghai

China replaces head of securities regulator amid market turmoil

BEIJING (Reuters) -- China has replaced the head of its securities regulator, the official Xinhua news agency said on Wednesday, as policymakers struggle to stabilize the country's main stock indexes after a plunge to five-year lows.

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Contributing writer - JENS KASTNER - First China-built biomethanol ship aims to set sail in Q2 - asia.nikkei.com - China - Singapore -  Shanghai - Germany - Eu

First China-built biomethanol ship aims to set sail in Q2

HAMBURG, Germany -- The first biomethanol container ship built by a Chinese company is set to depart from Shanghai for Rotterdam in the second quarter, as the industry moves toward cleaner fuels following a new European Union rule requiring large shippers submit emission certificates.

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Jack Ma - Chinese fintech giant Ant Group expands overseas payment service Alipay+ to serve visa-free, Lunar New Year travellers - scmp.com - China - Thailand -  Hong Kong -  Shanghai -  Dubai - Italy

Chinese fintech giant Ant Group expands overseas payment service Alipay+ to serve visa-free, Lunar New Year travellers

Ant Group, an affiliate of e-commerce giant Alibaba Group Holding, is boosting its operations throughout Asia, as the Chinese fintech major seeks to capitalise on the country’s visa-free policy and an anticipated Lunar New Year travel boom.

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Stories of ‘beating the odds’ in China draw dark responses from wary public - aljazeera.com - China -  Shanghai

Stories of ‘beating the odds’ in China draw dark responses from wary public

Wave of online scepticism about two stories of survival and success in China point to deeper public dissatisfaction.

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Nikkei staff writers - New Year - China forecasts 14% drop in travelers during Lunar New Year - asia.nikkei.com - China -  Shanghai - province Anhui

China forecasts 14% drop in travelers during Lunar New Year

BEJING/SHANGHAI -- The Chinese New Year travel rush, known as "Chunyun," started on Friday, with the government projecting a 14% decrease from the year before in the number of people using public transportation for returning home or going on trips.

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