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iiMedia Research: China's food delivery market reached $208B in 2023, 2.3x the size in 2020; Meituan and Ele.me employ over 10M gig workers combined (Takashi Kawakami/Nikkei Asia)

[ad_1] Takashi Kawakami / Nikkei Asia: iiMedia Research: China’s food delivery market reached $208B in 2023, 2.3x the size in…

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A look at China's "golden shares", initially meant to reduce the state's role in the economy and now being used to quietly control its biggest tech companies (Lingling Wei/Wall Street Journal)

[ad_1] Lingling Wei / Wall Street Journal: A look at China’s “golden shares”, initially meant to reduce the state’s role…

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Letter: the Netherlands plans new restrictions on exports of advanced chipmaking machines amid US pressure to limit China's access to semiconductor technology (Bloomberg)

[ad_1] Bloomberg: Letter: the Netherlands plans new restrictions on exports of advanced chipmaking machines amid US pressure to limit China’s…

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US adds China's Inspur, one of the world's largest server makers that has joint ventures with IBM and Cisco, to an Entity List, limiting its access to US tech (Yuan Gao/Bloomberg)

[ad_1] Yuan Gao / Bloomberg: US adds China’s Inspur, one of the world’s largest server makers that has joint ventures…

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Sources: Chinese officials have declined to process Arm China's transfer to a new Vision Fund entity, holding up Arm's plan to exit the joint venture (Financial Times)

[ad_1] Financial Times: Sources: Chinese officials have declined to process Arm China’s transfer to a new Vision Fund entity, holding…

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Ming-Chi Kuo: Apple has restarted work on an iPhone SE 4 with a 6.1" OLED screen and an Apple-designed 5G modem; Ross Young: China's BOE will supply the display (Joe Rossignol/MacRumors)

[ad_1] Joe Rossignol / MacRumors: Ming-Chi Kuo: Apple has restarted work on an iPhone SE 4 with a 6.1″ OLED…

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Supply chain experts warn of a months-long disruption risk to Apple's iPhone production and operations due to worker absenteeism, amid China's COVID-19 wave (Patrick McGee/Financial Times)

[ad_1] Patrick McGee / Financial Times: Supply chain experts warn of a months-long disruption risk to Apple’s iPhone production and…

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Chinese media reports: Xiaomi plans to lay off ~15% of its 35,314 employees amid weaker sales due to China's COVID-19 lockdowns and slower consumer spending (Che Pan/South China Morning Post)

[ad_1] Che Pan / South China Morning Post: Chinese media reports: Xiaomi plans to lay off ~15% of its 35,314…

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Douyin has become China's fourth biggest e-commerce company by GMV, as short videos prove ideal as bait for long ads by giving higher purchase conversion rates (Bryce Elder/Financial Times)

[ad_1] Bryce Elder / Financial Times: Douyin has become China’s fourth biggest e-commerce company by GMV, as short videos prove…

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Sources: a letter by Foxconn founder Terry Gou to China's leadership, sent over a month ago during unrest in Zhengzhou, helped accelerate looser COVID-19 rules (Wall Street Journal)

[ad_1] Wall Street Journal: Sources: a letter by Foxconn founder Terry Gou to China’s leadership, sent over a month ago…

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