Thursday, December 8, 2022

Sources: a letter by Foxconn founder Terry Gou to China's leadership, sent over a month ago during unrest in Zhengzhou, helped accelerate looser COVID-19 rules (Wall Street Journal)

Wall Street Journal:
Sources: a letter by Foxconn founder Terry Gou to China's leadership, sent over a month ago during unrest in Zhengzhou, helped accelerate looser COVID-19 rules  —  Foxconn Technology Group founder Terry Gou warned that the government's strict policies would threaten its position in global supply chains



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...