GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group
WASHINGTON (AP) — China's burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight, highlighted by Treasury Secretary Janet Yellen during her five-day visit to China and seized on by former President Donald Trump in incendiary remarks on the campaign trail. China has sharply ramped up its production of cheap electric vehicles, solar panels, and batteries just as the Biden administration has pushed through legislation supporting...
By W.G. Dunlop US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via video teleconference Tuesday, in the first substantive talks between the superpowers’ defense chiefs in nearly 18 months. The United States has been working to strengthen defense cooperation with its allies in the Asia-Pacific region to counter China’s growing influence […]
Manila says China's coast guard harassed local fishermen during a government food security mission last week in a disputed part of the South China Sea.Beijing, which claims most of the sea as its territory, said the Philippine vessels were "illegally" intruding at Iroquois Reef.The reef is situated at the southern end of Reed Bank in the northeastern part of the Kalayaan Island Group, which the Philippines claims as part of its province of Palawan. The feature is well within the the U.S. treaty...
Chinese mouthpiece reports US stated both sides do not look to ‘decouple’.
Janet Yellen says subsidies for Chinese industries are leading to a ‘flood’ of cheap goods.
‘Bidenomics’ and Xi’s common prosperity share strikingly similar beliefs but because both economies are trade-linked and seek tech advancement, conflict becomes inevitable.
US pressure to block ASML from servicing the chip-making machines it has sold to China is increasing the Netherlands’ entanglement into an escalating geopolitical race for tech supremacy. Implementing a clear technological and economic decoupling strategy from China, the Biden Administration has introduced a series of thorough export rules aiming to restrict Beijing from obtaining key chip technology. But as the world’s only manufacturer of equipment for advanced chips, ASLM has also been...
The US government has called on allies to force computer chip manufacturing equipment companies to stop maintaining some of the tools they have sold in China, part of Washington's efforts to undermine China's ability to produce its own advanced computer chips. As the largest maker of chipmaking equipment globally, ASML of the Netherlands is in focus. Here are questions and answers about the scope of the issue and what is at stake for the U.S., Netherlands, ASML, and Chinese chipmakers. Why does...
US President Joe Biden calls for tripling tariffs on Chinese steel and aluminium, while US Trade Representative office launches investigation into Beijing’s practices in logistics and shipbuilding industries.
“[W]e’ve heard proactively from the Chinese twice on two things they wanted to talk to us about with space safety related issues,” said SPACECOM Commander Gen. Stephen Whiting. “We think that is very positive … ”
U.S. officials said Chinese materials are filing critical gaps in Russia's defense production cycle and helping Moscow undertake the expansion of its defence industrial base.