US investigates Chinese chips, China’s mega dam: SCMP’s 7 highlights
From China’s new colossal hydropower project to Apple’s investment in Indonesia, here are a few highlights from SCMP’s recent reporting
1. US launches trade investigation into China’s ‘legacy’ chips
The White House announced a trade investigation into “legacy” semiconductors made by China on Monday, less than a month before the new administration of president-elect Donald Trump takes power, that could impose additional tariffs on Chinese-made everyday US consumer goods from cars to coffee makers.
2. Three Gorges times 3: China will build the largest dam in Earth’s deepest canyon
China has approved the construction of a colossal hydropower project on Tibet’s longest river that could generate three times more energy than the Three Gorges Dam, state news agency Xinhua reported on Wednesday.
3. Hongkongers make more than 2.2 million trips since Saturday
Hongkongers made more than 2.2 million outbound trips between last Saturday and Wednesday of this week, with others saying they were only remaining behind during the Christmas holiday to avoid peak pricing.