cnbc.com

‘I feel like I've been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes ( www.cnbc.com )

A group of around 1,500 homebuyers say they have yet to see the apartments they paid for about eight years ago, as challenges persist in China’s property sector. The promise was they would be ready by 2019, but the majority are still unfinished, according to five of the homebuyers, who requested anonymity out of fear of...

China’s biggest chipmaker SMIC warns of ‘fierce’ competition as it misses quarterly profit expectations ( www.cnbc.com )

SMIC, China’s biggest contract chip manufacturer, is seen as critical to Beijing’s ambitions of cutting foreign reliance in its domestic semiconductor industry as the U.S. continues to curb China’s tech power. SMIC lags behind Taiwan’s TSMC and South Korea’s Samsung Electronics, according to analysts....

China’s biggest chipmaker SMIC warns of ‘fierce’ competition as it misses quarterly profit expectations ( www.cnbc.com )

SMIC, China’s biggest contract chip manufacturer, is seen as critical to Beijing’s ambitions of cutting foreign reliance in its domestic semiconductor industry as the U.S. continues to curb China’s tech power. SMIC lags behind Taiwan’s TSMC and South Korea’s Samsung Electronics, according to analysts....

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