Semiconductors

A massive corporate rethink is underway. Inflation in construction costs explains only a small portion of the spending boom. By Wolf Richter for WOLF STREET. Companies plowed $18.4 billion in April into the construction of…

China’s political leaders, under pressure to support the country’s fragile recovery, are slowly steering the economy on a new course. No longer able to rely on real estate and local debt to drive growth, they are instead investing more…