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...
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...
‘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...
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.
Beijing on Thursday accused the United States of hypocrisy in response to accusations by President Joe Biden that China is “xenophobic” and “cheating” on trade. “I would like to ask him: are you talking about China or the US itself?” foreign ministry spokesman Lin Jian said, when asked about the comments. In a speech Wednesday […]
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.
Beijing Surging Equipment to Moscow to Help War (Second column, 10th story, link) Related stories:Russian Troops 'Disappearing En Masse' in Kherson: Resistance GroupPutin's Secret Fortune May Be at Risk in World's 'Most Neutral' Country Drudge Report Feed needs your support! Become a Patron
China has surged sales to Russia of machine tools, microelectronics and other technology that Moscow in turn is using to produce missiles, tanks, aircraft and other weaponry for use in its war against Ukraine, according to a U.S. assessment. Two senior Biden administration officials, who discussed the sensitive findings Friday on the condition of anonymity, […]
WASHINGTON (AP) — China has surged sales to Russia of machine tools, microelectronics and other technology that Moscow in turn is using to produce missiles, tanks, aircraft and other weaponry for use in its war against Ukraine, according to a U.S. assessment. Two senior Biden administration officials, who discussed the sensitive findings Friday on the condition of anonymity, said that in 2023 about 90% of Russia’s microelectronics came from China, which Russia has used to make missiles, tanks...
China has surged sales to Russia of machine tools, microelectronics and other technology Moscow uses to produce missiles, tanks, aircraft and other weaponry. That's according to two senior Biden administration officials who discussed the sensitive findings Friday on the condition of anonymity. The officials say last year about 90% of Russia’s microelectronics came from China, which Russia has used in missiles, tanks and aircraft. Nearly 70% of Russia’s approximately $900 million in machine tool...