Lionel Lim

Lionel Lim is a Singapore based reporter covering the Asia-Pacific region. Before joining Fortune he spent time at BBC in Singapore, and CGTN and CNN in the United States.

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WUHAN, CHINA – APRIL 20: Customers try Huawei Pura 70 series smartphones at a Huawei store on April 20, 2024 in Wuhan, Hubei Province of China. Huawei officially kicked off the sales of its much-anticipated Pura 70 series on April 18. (Photo by VCG/VCG via Getty Images)

Huawei reportedly keeps getting advanced chips, even as the U.S. tries to tighten the screws on China’s semiconductor industry

Perry Warjiyo, governor of Bank Indonesia, speaks during a news conference at the central bank’s headquarters in Jakarta, Indonesia, on Thursday, Nov. 23, 2023. Indonesia’s central bank kept the benchmark interest rate unchanged while signaling that it remains watchful of risks to the rupiah and the inflation outlook. Photographer: Rosa Panggabean/Bloomberg via Getty Images

It’s not just investors watching the Fed: Central bankers across Southeast Asia are trying to time rate cuts to ensure their currencies don’t collapse

A visitor is checking out the Chinese automaker BYD Seagull electric car on display at the 45th Bangkok International Motor Show 2024 in Nonthaburi Province, on the outskirts of Bangkok, Thailand, on March 30, 2024. (Photo by Anusak Laowilas/NurPhoto via Getty Images)

China drives both EV production and sales—but the fate of the country’s EV brands could soon be in the hands of emerging markets like Thailand

XI’AN, CHINA – NOVEMBER 19, 2023 – Passengers shop for a Mate 60 Pro phone at the Huawei Store at Xianyang International Airport in Xi ‘an, Shaanxi Province, China, November 19, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)

Apple has its worst China quarter since 2020 as Huawei’s resurgence eats into its market share, says new research

Tim Cook, chief executive officer of Apple Inc., center, arrives at Apple Developer Academy at Binus University in Tangerang, Banten, Indonesia, on Wednesday, April 17, 2024. Apple is weighing the possibility of making some of its gadgets in Indonesia, as the iPhone maker explores production bases beyond its longtime stronghold of China. Photographer: Dimas Ardian/Bloomberg via Getty Images

Apple could be trying to ‘hedge its supply-chain bets’ away from China with CEO Tim Cook’s whirlwind Southeast Asia tour

MALAYSIA – SEPTEMBER 04: A worker monitors the high-tech precision computerised machinery used to produce electronic smart cards at AIC Corp.’s AIC Semiconductor factory in Kulim Hi-Tech Industrial Park in Kulim, Kedah, Malaysia, on Tuesday, Sept. 4, 2007. Malaysia’s industrial production will be released on Friday. (Photo by Goh Seng Chong/Bloomberg via Getty Images)

Malaysia wants to benefit from chip companies trying to diversify their supply chains: ‘There is enough growth that will go around’

FUYANG, CHINA – APRIL 16, 2024 – A worker is producing silk products at the production workshop of Anhui Jingjiu Silk Co in Fuyang city, East China’s Anhui province, April 16, 2024. China’s gross domestic product (GDP) reached 29,629.9 billion yuan in the first quarter of 2024, an increase of 5.3% year on year and 1.6% over the fourth quarter of 2023 at constant prices, according to preliminary calculations released by the National Bureau of Statistics on April 16. (Photo credit should read CFOTO/Future Publishing via Getty Images)

China sees a ‘good start’ to 2024 with strong GDP growth—but disappointing March data and falling home sales mean it could be running out of steam

Tourists pose for photos at Fuxi Temple scenic area in Qinzhou District of Tianshui City, northwest China’s Gansu Province, April 4, 2024. Tianshui has garnered considerable attention in the cyber world thanks to the popularity of Tianshui’s malatang, a numbing-spicy hotpot. When it comes to the real world, the city received 309,000 and 348,600 tourists on April 4 and 5, the first two day of the three-dat Qingming holiday, with tourism-related revenue of 177 million yuan about 24.47 million U.S. dollars and 198 million yuan about 27.37 million U.S. dollars, respectively. (Photo by Ma Xiping/Xinhua via Getty Images)

China’s ‘Tomb Sweeping’ holiday spending surpasses pre-COVID levels as the country continues a slow and steady recovery

BEIJING, CHINA – MARCH 06: Wang Wentao, minister of Commerce of China, attends a press conference on economy for the second session of the 14th National People’s Congress (NPC) on March 6, 2024 in Beijing, China. (Photo by Cui Jun/Beijing Youth Daily/VCG via Getty Images)

China’s commerce minister says the West’s overcapacity concerns are ‘groundless,’ and that the country’s EV success is the result of ‘innovation’ not subsidies

WELLINGTON, NEW ZEALAND – JUNE 25: MP Erica Stanford speaks during the National Party Annual Conference at Michael Fowler Centre on June 25, 2023 in Wellington, New Zealand. The National Party held its annual conference over the weekend as it prepares for a closely watched election later this year. (Photo by Hagen Hopkins/Getty Images)

New Zealand will require visa applicants to speak English as its government blasts ‘unsustainable’ migration

This photograph taken on March 27, 2024 in Veldhoven shows containers of Dutch tech giant ASML, which supplies chipmaking machines to the semiconductor industry. ASML is one of the world’s leading manufacturers of equipment to make state-of-the-art semiconductor chips, which power everything from mobile phones to cars. ASML announced earlier this year that it had been blocked from exporting “a small number” of its advanced machines to China, amid reports of US pressure on the Dutch government. (Photo by ROB ENGELAAR / ANP / AFP) / Netherlands OUT (Photo by ROB ENGELAAR/ANP/AFP via Getty Images)

The U.S. reportedly wants the Netherlands to stop fixing advanced chipmaking tools sold to China

FORTUNE Innovation Forum 2024, at Rosewood Hotel, on 27 March 2024. Photo by Graham Uden/FORTUNE

Analysts explain the rise of China’s EV sector—and how it might navigate protectionist backlash and Beijing withdrawing support

BANGKOK, THAILAND – 2024/03/29: Visitors inspect a BYD Sealion car during the 45th Bangkok International Motor Show at IMPACT Muang Thong in Bangkok. The 45th Bangkok International Motor Show 2024 was held at IMPACT Muang Thong in Bangkok where more than 40 leading brands of vehicle manufacturers attended to exhibit their automotive products and technology including the new electric vehicles in the annual automobile showcase. (Photo by Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images)

BYD lost its EV crown to Tesla after just one quarter as China’s EV market slumps

HANGZHOU, CHINA – MARCH 28: Xiaomi’s new energy vehicle SU7 is displayed at a Xiaomi store on March 28, 2024 in Hangzhou, Zhejiang Province of China. The Xiaomi SU7 was officially launched on the night of March 28. (Photo by VCG/VCG via Getty Images)

Xiaomi warns potential customers that they may need to wait over half a year to get the company’s new EV, as its shares jump by as much as 16%

FORTUNE Innovation Forum 2024, at Rosewood Hotel, on 27 March 2024. Photo by Graham Uden/FORTUNE

Is Japan finally out of its 30-year slump? Economists are optimistic that Japan is back—and they say they have the data to prove it