Why Wall Street Supports China Despite Beijing’s Tighter Grip

This year has been troubling for Chinese trade. The ruling Communist Party pursued the private sector industry by industry. Stock markets took a big hit. The country’s largest real estate developer on the verge of collapse. But for some of the biggest names on Wall Street, China’s economic prospects look brighter than ever. BlackRock, the …

Failure of China’s Microchip Giant Tests Beijing’s Tech Ambitions

one in 2015 obscure company run by a real estate mogul awakened the world to China’s passion for semiconductors, the core technology that powers computing. Loaded with government funding and political support, the company has stunned with a $23 billion bid to buy the American chip maker. Micron. Six years later, China’s possible microchip champion …