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...It runs alongside a parallel localisation drive under way in state-owned enterprises....
...Washington is concerned about the possibility of crippling trade disruptions resulting from a Chinese invasion or blockade of the island, which accounts for production of more than 90 per cent of the world...
...On the same sales multiple as Meta that could mean an enterprise value of $120bn. Its size would spell antitrust trouble for potential buyers. In reality, there will be no offers of this scale....
...But he added another layer of ambition: “I think we can certainly be the most innovative small island in the world . . . I think we just haven’t blown our trumpet.”...
...Valued at a Meta-like multiple of trailing sales, TikTok’s enterprise value might be close to $184bn....
...An Rmb2tn ($280bn) stock market “stabilisation fund” drawn from the offshore money of state-owned enterprises is reportedly being considered....
...Southeastern shift The powerful earthquake that struck the ocean near Taiwan on Wednesday morning, killing at least nine people and shaking the island’s critical high-tech industries, may well serve as...
...China’s foreign ministry on Wednesday referred reporters to previous statements by the commerce ministry, which last month called on the US to “stop the unreasonable suppression of foreign enterprises”....
...Shanghai’s state-owned carmaker SAIC Motor, for example, had its 15 per cent tax rate for being a “high-tech enterprise” renewed four times since 2008....
...Guobin, vice-minister of industry and information technology, warned in January that Beijing would take “forceful measures” to address “blind” construction of new EV projects by some local authorities and enterprises...
...In one apparent signal of support for the event, President Xi Jinping this week made a rare visit to an enterprise with foreign investment — German chemicals group BASF’s battery joint venture in central...
...On Monday, US Steel announced that it would sell itself to Nippon Steel of Japan at an enterprise value of $15bn....
...But he acknowledged there had been “headwinds”, adding: “Some enterprises had a tough time, some people had difficulty finding jobs and meeting basic needs.”...
...While few countries officially recognise Taiwan, the island has become a semiconductor superpower, and many see it as the front line of Chinese expansionism....
...between the administration, both parties on the hill and the intelligence community ensured this effort to oppose the bill failed spectacularly today,” said Eric Sayers, a security expert at the American Enterprise...
...Unlike their Chinese and South Korean counterparts, around 90 per cent of Japan’s EV battery suppliers are small and midsize enterprises that operate in more specialised niches, with each one catering to...
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on December 12. ©2023 Nikkei Inc. All rights reserved....
...A shrinking domestic market is forcing Japan Inc to look for growth overseas. Ultra-low interest rates back home have further whetted the appetite for deals....
...“Toshiba is like a state-owned enterprise, it has never had a shareholder-focused mindset,” said the person of the conglomerate that makes everything from batteries and chips to nuclear and defence equipment...
...Hacking Inc....
...China claims Taiwan as part of its territory and reserves the option to take the island with force if Taipei resists unification....
...This helps Gou’s positioning in the race to become the next president of Taiwan, an independent island long-claimed by China. For Foxconn, standing up to the Chinese dragon will be harder....
...On an enterprise value basis, Uber trades at 2.7 times forward sales, a significant premium to Didi at its current valuation....
...The company was bailed out to the tune of nearly $1bn in 2020 by state-owned enterprises from the eastern Chinese province of Anhui....
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