China defends clampdown on tech firms in a meeting with Wall St...
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China Securities Regulatory Commission (CSRC) Vice Chairman Fang Xinghai explained during the meeting that recent actions were taken to strengthen regulations for companies with consumer-facing platforms, and improve data privacy and national security, the report website said, citing people familiar with the matter.
Taiwan is a major producer of chips used in everything from cars, smartphones to data centres and fighter jets, while Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is the world's largest contract chipmaker and Asia's most valuable listed firm.
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