Beijing is helping Chinese tech firms go through checks to get off of the US Unverified List Things have been tense between the world's two biggest economies since the US Biden administration curbed China's access to semiconductor tech.
What can we expect at Bangkok’s APEC forum? This week, the Asia-Pacific Economic Cooperation (APEC) meetings kicked off in Bangkok, Thailand.
China says the US has “no right” to interfere in its port deal with Germany Last year, Chinese shipping giant Cosco made a bid for a 35% stake in one of three terminals in Germany's largest port in Hamburg.
Why’s China pushing back on the US CHIPS and Science Act? Back in July, US Congress passed a bill called the CHIPS and Science Act, which was essentially legislation that invests a lot of money into the country’s domestic production of microchips. There are two main reasons to do this. One, there’s a chip shortage in the world, and
Increased US-China tensions over Taiwan could disrupt a global trade route A crucial shipping route between Asia and the West is the Taiwan Strait, the waterway that separates Taiwan from mainland Asia. Almost half of the global container fleet and 88% of the world’s largest ships passed through this waterway this year alone, according to Bloomberg. Disruptions to the Strait
The US looks into easing some Trump-dated tariffs on Chinese imports US Commerce Secretary Gina Raimondo said on Sunday that the US might look into lifting or easing some tariffs on China imports to help fight inflation. About US$300 billion worth of trade restrictions is still in place from when Trump was in office. Speaking to CNN, Raimondo said that
The US isn’t trying to “divorce” China, says trade chief The US and China have had relationship issues for quite some time. After a two-year trade war where it was tariff after tariff, the two superpowers agreed to a phase one trade deal where they’d try and cooperate. On Tuesday, US Trade Chief Katherine Tai was asked whether the