China Loses One-Third of Billionaires; Apple Boosts iPhone Production in India | China in Focus

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China is losing a third of its dollar billionaires in just three years. Plus, we take a look at who made the country's top ten list this year, with many of them facing controversies in the United States.
The United States is cracking down on investments in China’s tech sector, with new rules targeting AI and other areas.
Senators are urging the Biden administration to close a loophole used by Chinese drug dealers. They say the criminals are using a duty-free program to smuggle fentanyl chemicals into America.
China has detained a South Korean national on suspicion of espionage. The case is highlighting Beijing's tightened control over foreigners living in the country, as an expanded anti-spy law gives authorities even greater power.
00:00 Intro
01:14 China Loses 1/3 of Billionaires with Weak Economy
03:53 U.S. Finalizes Investment Curbs on China’s Chip, AI Tech
04:38 National Security Risks of Semiconductors
07:40 TSMC Suspends Shipments to China-Based Sophgo
08:12 Senators Urge Government to Close U.S. Customs Loophole
09:18 U.S. Approves $2B Arms Sale to Taiwan
10:07 First S. Korean Detained Under China’s New Espionage Act
11:51 Apple Boosts iPhone Production in India
12:47 Fleming: Why Let Anti-U.S. Regime Sell US Toxic Goods?
16:02 French Naval Vessel Passes Through Taiwan Strait
16:42 Swiss University Breaks from Chinese University
17:18 Carmakers Face Pressure from Subsidized Chinese Rivals
19:06 N. Korea Blames S. Korea for Drone Intrusion
20:14 14,800 Kindergartens Closed in China: 2023
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