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Foster Wong

Foster Wong

Journalist at Bloomberg

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Email address
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Influence score
64
Phone
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Location
United States
Languages
  • English
Covering topics
  • Technology

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Recent Articles

bloomberg.com

China Streamlines Foreign Investor Rules to Lure Long-Term Funds

China’s market watchdog rolled out a plan to simplify rules for its overseas institutional investors program to attract more long-term funds into the country’s capital markets.
bloomberg.com

China Says Dutch Nexperia Seizure Places Supply Chain at Risk

China’s Commerce Minister warned that the Dutch state’s move to take control of Chinese-owned chipmaker Nexperia has “seriously affected” the stability of the global supply chain.
bloomberg.com

Beijing Lays Out ‘Must-Nots’ for Top US Diplomat in Hong Kong

Beijing warned the top US envoy in Hong Kong against interfering in the country’s internal affairs, days after she reportedly invited pro-democracy former politicians to her inaugural receptions.
bloomberg.com

China Opens Digital Yuan Hub in Shanghai to Boost Global Use

China’s central bank has opened a digital yuan operations center in Shanghai featuring platforms for cross-border payments, blockchain technology and digital assets, marking another step in the country’s push for global adoption of its currency.
bloomberg.com

China Eases Cross-Border Financing Rules to Lure Foreign Capital

China’s foreign exchange regulator has unveiled measures to streamline the country’s cross-border investment and financing rules in the latest push to deepen market reform and attract overseas capital.
bloomberg.com

China Hits US Optical-Fiber Imports With Anti-Dumping Tariffs

China started imposing levies on additional US optical fiber imports after a six-month investigation found that American companies circumvented the country’s anti-dumping measures.
bloomberg.com

China AI Chip Leader Warns of Trading Risks After Stock Frenzy

AI chip designer Cambricon Technologies Corp. plunged almost 9% after warning investors about a doubling in its share price over just a month, a record gain that helped fuel a $1 trillion Chinese market rally.
bloomberg.com

Former PBOC Chief Zhou Pushes Back Against China Stablecoin Idea

China’s former central bank chief Zhou Xiaochuan issued a warning about the potential dangers of stablecoins, putting him in opposition to growing calls by policy advisers and economists for China to consider their use.
bloomberg.com

China’s Top Envoy Meets US Business Leaders, Urges Stable Ties

Beijing is willing to strengthen engagement with Washington to avoid misjudgments and manage differences in an effort to promote “stable, healthy and sustainable” bilateral relations, according to China’s top diplomat.
bloomberg.com

China Suspends Antitrust Probe Into DuPont Ahead of Trade Talks

China has suspended its antitrust investigation into the local unit of DuPont de Nemours Inc. in a potential goodwill gesture ahead of the third round of trade talks with the US next week.
bloomberg.com

China’s Geely Sweetens Bid to Take EV Maker Zeekr Private

Geely Automobile Holdings Ltd. sweetened its offer to take premium electric car maker Zeekr Intelligent Technology Holding Ltd. private, a deal that helps billionaire Li Shufu streamline his sprawling business empire.