Rumors swirl that TSMC chairman Mark Liu was forced to retire over Arizona fab debacle. TSMC is getting ready to pull the plug on the US fab, since US gov has not given any of the promised subsidies.
Economist Michael Roberts concludes that the debt trap accusation of China “does not hold much water”
Amlo: At the height of the pandemic, China was the first to offer assistance
China Accelerates Sale of US Treasuries to US$27.3B in Sep; Total Amt Falls Below US$800B. The total amount fell to US$778.1 billion, a record low since mid-2009
LA Times blocks reporters who signed open letter criticizing Israel from covering Gaza.
The share of TikTok users who consume news through the platform has nearly doubled since 2020, according to new Pew data.
Libs got extra mad reading about the fact that life in China is improving. I absolutely love how this stuff gets under their skin.
Boston Coalition for Palestine shuts down Massachusetts Avenue Bridge
I don't think TSMC has much interest in building fabs in US because it's one card they hold over the US at the moment.