CommonWealth English 天下雜誌英文網

🌍 Top Stories You Can't Miss 🌍 December 20, 2024 -- Today’s top stories: 1. US Government Shutdown Looms 📢 The House of Representatives failed to pass a Donald Trump-backed funding proposal, intensifying the risk of a government shutdown set to begin Friday night. Divisions within the GOP and strong Democratic resistance sank the bill, which included a controversial two-year debt ceiling suspension. The #shutdown threatens disruptions to federal services and holiday travel. 2. U.S. Boosts #Semiconductor Supply Chain with SK hynix🌎 SK Hynix has secured $458 million in U.S. government grants to establish an advanced chip packaging facility in Indiana, creating 1,000 jobs. The project will address critical gaps in AI-related semiconductor manufacturing. This initiative is part of a broader $39 billion subsidy program supporting U.S. semiconductor growth. 3. Shenzhen Invests Big in #AI Development China’s tech hub Shenzhen has introduced "vouchers" worth up to CNY 500M annually to support AI R&D and model training. Additional funds are allocated for generative AI applications and foundational research projects, reinforcing #Shenzhen’s ambition to lead national AI #innovation. Stay tuned for full stories! ✨ Read: https://pse.is/6v3bn5

As President-elect Donald Trump’s trade policies loom, #Taiwan braces for a challenging economic landscape shaped by its reliance on global #trade and vulnerability to #geopolitical shifts. How should Taiwan cope? Read: https://pse.is/6v3523

In a CommonWealth Magazine Group(天下雜誌集團) podcast episode, Chris Miller, a prominent US historian and author of "Chip War," discusses the evolving #antitrust landscape as it pertains to Taiwan Semiconductor Manufacturing Company (TSMC). Miller also sheds light on broader issues, such as the impact of artificial intelligence (#AI) on #semiconductor demand and the ongoing US-#China tech rivalry, stressing Taiwan's central role in this global narrative. As TSMC navigates these complex waters, what strategies might it employ to mitigate potential antitrust challenges and capitalize on its pivotal position in AI and global tech? #geopolitics Read: https://pse.is/6uvbpt and find the podcast link inside the article. Reporting by Judy Lin 林昭儀

Taiwan's need for international talent has never been more urgent. Even though #Taiwan already appears to be an attractive place, more improvements can be done. Explore how innovative #immigration policies and a global mindset could transform Taiwan into a magnet for the world's best and brightest. Kwangyin Liu 劉光瑩, CommonWealth English 天下雜誌英文網 editor.

🌍 Top Stories You Can't Miss 🌍 December 19, 2024 -- Today’s top stories: 1.   Microsoft Outguns Rivals in Buying NVIDIA #AI chips 🛒 Microsoft doubled down on Nvidia AI chips, acquiring twice as many as its rivals. However, Nvidia stock dropped 17% since November peak as CEO Satya Nadella hints at cooling AI chip frenzy. 💻 2.   #EV Revolution by #CATL🔋 #China’s auto battery maker CATL unveils 10 new EV models with swappable #batteries. It plans for 1,000 # battery-swapping stations next year and a 10,000-station goal to replace gas stations. ⚡ 🚗 3.    Vingroup Goes Electric in #Indonesia  🚖 The Vietnamese tech group’s affiliated firm GSM - Xanh SM launched in Jakarta with 1,000 electric taxis from VINFAST . Expansion plans for Bali & beyond in 2025. 🌿 4.   KIOXIA Group's Quiet #IPO Debut: Bain-backed Kioxia relisted on Tokyo Stock Exchange. Stocks rose 4% post-debut as the company invested JPY729B in next-gen #NAND tech. 📈 Stay tuned for full stories! ✨ Read: https://pse.is/6uu7w7

From December 9 to 11,"#China had deployed nearly 90 naval and coast guard vessels around Taiwan, as well as in the East and South China Seas, two-thirds of which were warships." This marks the largest scale of activity since the 1996 Taiwan Strait Crisis, yet the action was not announced. Why? #geopolitics #Taiwan Read: https://pse.is/6u7ey4

🌍 Top Stories You Can't Miss 🌍 December 18, 2024 -- Today’s top stories: 1.   Honda + Nissan Motor Corporation = #Merger on the Horizon? 🚗 #Japan’s iconic automakers Honda and Nissan are reportedly in early talks for a mega-merger to tackle #EV competition from #China and slow global demand. #Mitsubishi Motors might join a shared holding company, but the potential for political and economic challenges looms. 🛠️🇯🇵 2.   China's #AI Challenge: Outpacing the U.S.? 🤖 Chinese AI models are gaining ground, with some outperforming U.S. rivals like #OpenAI and #Google. Key players like Alibaba Group’s Qwen are leading the charge as China continues to push forward, despite U.S. chip sanctions. 🔗⚙️ 3.   China-#India Border Talks: Progress or Stalemate? 🤝 High-level talks between China and India could ease border tensions after years of disputes along the Line of Actual Control. Will this meeting mark a turning point or just another stalemate? 🗺️⚔️ 💡 Stay informed, stay ahead! 🌐 Read: https://pse.is/6ummnl

The #Taiwan Employment Gold Card has attracted over 10,000 foreign individuals to Taiwan. The government plans to follow this up with a "Global Elite Card" that will give highly skilled foreign workers benefits closer to the level of Taiwanese citizens. Unfortunately, this will do little to plug the labor gap experienced by Taiwan's small- and medium-sized enterprises. #laborshortage #talent To find out the reason, please read: https://pse.is/6um2tb

🌍 Top Stories You Can't Miss 🌍 December 17, 2024 -- Today’s top stories: 1️⃣ 💼 SoftBank's $100 Billion Bet on the US Japanese tech giant SoftBank plans to invest $100 billion in US projects over the next four years 🇺🇸. Announced alongside President-elect Donald #Trump at Mar-A-Lago, the deal marks a major economic win for Trump's second term 📊. 2️⃣ ☕ Starbucks Brews Up Better Parental Leave Starbucks is tripling paid parental leave for US baristas 🍼. Birth parents will get up to 18 weeks, while non-birth parents get 12 weeks of paid leave, impacting over 200,000 employees across 10,000+ stores 👶. 3️⃣ 🔒 UK Cracks Down on Online Safety Britain's Online Safety Act is now in force. Regulators are pushing tech giants like Meta, Google, and TikTok to combat illegal content, with massive fines looming for non-compliance 🚨. Ofcom sets the first codes of practice to tackle fraud, hate, and child abuse content 🛡️. 💡 Stay informed, stay ahead! 🌐 Read: https://pse.is/6uejag

Chen Zhiwu, chair professor of finance at the University of Hong Kong, is one of the first Chinese economists to return after #China’s reform and opening policies began in the late 1970s. Highly respected among China’s corporate leaders, why does Chen believe that Elon Musk will act as China’s savior in a new U.S.-China trade war when Donald #Trump returns to the White House? #tesla Read: https://pse.is/6ueemf