Major Chinese Chip Company Defaults on Debt

Tsinghua Unigroup, a key player in China’s push for self-reliance in semiconductors, has defaulted on a bond, adding to a recent spate of trouble in the country’s corporate debt markets.8

IT Snafus Added Confusion to Migrant Family Reunification, Watchdog Says

Department of Homeland Security Inspector General Joseph Cuffari said in a report made public Monday that “known IT deficiencies” at the agency’s law enforcement arm prevented it from accurately tracking family members detained during the Trump administration’s “zero-tolerance” policy in 2018.

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Alibaba’s Singles Day kicked off with a virtual performance by Katy Perry, as Chinese consumers went online for the world’s biggest shopping day.

The Chinese technology company, under a cloud of regulatory pressure, raked in $75.1 billion in sales during China’s biggest annual online sales bonanza.

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