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Beijing's Shift to Military for Chip Development Reason for OPPO's Chip Closure: Analysts

Chinese smartphone company OPPO launched its chip branch, ZEKU, in 2019 when independent semiconductor chip research and development (R&D) .

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New Rich List Reflects China's Shifting Economic Policies, Experts Say

China shed 160 billionaires in 2021, making them now mere multimillionaires 

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New Rich List Reflects China's Shifting Economic Policies, Experts Say - New Delhi Times

Beijing’s crackdown on high-profile market sectors like tech is upending share prices and forcing a radical reranking of China’s really, really rich as the government changes its economic focus to embrace enterprises that promote wider prosperity. Some billionaires even tumbled off the Hurun Global Rich List, which ranks the world’s wealthiest individuals even as it…

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