Chinese businesses hoping to expand in the US and bring jobs face uncertainty and suspicion
5 months ago

Chinese businesses hoping to expand in the US and bring jobs face uncertainty and suspicion

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. “The main reason is U.S.-China rivalry, and the U.S. government prioritizes ‘national security’ over economic interests in dealing with China.” Lizhi Liu, an assistant professor of business at Georgetown University, said the trend, along with the decline of U.S. investments in China, could hurt China-U.S. relations. U.S. public sentiment against Chinese investments began to build up during President Barack Obama's administration, in a pushback against globalization, and were amplified after President Donald Trump came into office, said Yilang Feng, an assistant professor of business at University of Illinois at Urbana-Champaign, who studies economic nationalism and resistance to foreign direct investments in the U.S. “The scale has increased, so has the intensity,” Feng said. U.S. policymakers are worried that Chinese companies, beholden to the ruling Chinese Communist Party, could pose national security risks, he said, while Beijing is concerned that overseas investments could lead to Chinese technology leakage. Chuck Thelen, vice president of manufacturing of Gotion North America, in recent town hall meetings called the forced labor accusations “categorically false and clearly intended to deceive.” By allowing the Chinese company to build a plant in Michigan, it would help “onshore a technology that has been vastly leapfrogged" outside of the U.S., he said.

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History of this topic

China hits back against US chip crackdown
1 month, 1 week ago

China hits back against US chip crackdown

Al Jazeera  

Beijing bans exports of critical minerals to US, and several industry groups tell companies to avoid US chips. China has banned exports to the United States of the critical minerals gallium, germanium and antimony, which have widespread military applications, escalating trade tensions the day after Washington’s latest crackdown on China’s chip sector. “China has been signalling for some time that …

US again targets China with more curbs on chip-related exports
1 month, 1 week ago

US again targets China with more curbs on chip-related exports

China Daily  

The outgoing Biden administration has again moved to restrict China's technological advance with a new round of semiconductor-related export curbs affecting nearly 150 companies internationally. In the third round of sweeping technology restrictions in three years on China's companies, the US Commerce Department announced it would curtail exports to 140 companies by placing them on its Entity List. The new …

US again targets China with more curbs on chip-related exports
1 month, 1 week ago

US again targets China with more curbs on chip-related exports

China Daily  

The outgoing Biden administration has again moved to restrict China's technological advance with a new round of semiconductor-related export curbs affecting nearly 150 companies internationally. In the third round of sweeping technology restrictions in three years on China's companies, the US Commerce Department announced it would curtail exports to 140 companies by placing them on its Entity List. The new …

AI and semiconductors: China hits out at latest US effort to block Beijing’s access to chip technology
1 month, 1 week ago

AI and semiconductors: China hits out at latest US effort to block Beijing’s access to chip technology

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong/Washington CNN — The Chinese government has slammed America’s introduction of fresh export controls on US-made semiconductors that Washington fears Beijing could use to make the next generation of weapons and artificial …

Alarmed China over Trump victory plans to choke chip industry
1 month, 3 weeks ago

Alarmed China over Trump victory plans to choke chip industry

Firstpost  

As China dominates the supply of minerals needed to manufacture chips, it is expected to choke supplies in case Donald Trump ramps up the US-China trade war after assuming office in January Semiconductor chips are seen on a printed circuit board in this illustration picture taken 17 February, 2023. How China uses control of supply chains in trade war China …

Trump's 'economic war' with China would hammer these two swing states: CNBC
1 month, 3 weeks ago

Trump's 'economic war' with China would hammer these two swing states: CNBC

Raw Story  

If President-elect Donald Trump is serious about hitting all Chinese goods with tariffs of 60 percent or higher, experts warn it could lead to all-out economic warfare that would be particularly damaging to two key swing states that Trump flipped in 2024. CNBC reports that the U.S.-China Business Council, in conjunction with Oxford Economics, estimates that a large-scale "economic war" …

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms
4 months, 3 weeks ago

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms

China Daily  

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. LOS ANGELES - Democratic lawmakers from the western US state of California are urging the Biden administration to halt its reported plans of imposing new restrictions on technology exports to China, arguing that a further round of controls "could send longstanding …

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms
4 months, 3 weeks ago

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms

China Daily  

Xinhua | Updated: 2024-08-15 16:37 Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. LOS ANGELES - Democratic lawmakers from the western US state of California are urging the Biden administration to halt its reported plans of imposing new restrictions on technology exports to China, arguing that a further round …

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms
4 months, 3 weeks ago

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms

China Daily  

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. LOS ANGELES - Democratic lawmakers from the western US state of California are urging the Biden administration to halt its reported plans of imposing new restrictions on technology exports to China, arguing that a further round of controls "could send longstanding …

Chinese businesses hoping to expand in the US and bring jobs face uncertainty and suspicion
5 months ago

Chinese businesses hoping to expand in the US and bring jobs face uncertainty and suspicion

Associated Press  

WASHINGTON — It was billed as the “biggest ever economic development project” in north Michigan when Gov. “The main reason is U.S.-China rivalry, and the U.S. government prioritizes ‘national security’ over economic interests in dealing with China.” Lizhi Liu, an assistant professor of business at Georgetown University, said the trend, along with the decline of U.S. investments in China, could …

Chip stocks shed $480bn on China trade fears, Trump’s Taiwan comments
5 months, 3 weeks ago

Chip stocks shed $480bn on China trade fears, Trump’s Taiwan comments

Al Jazeera  

US told allies it is considering using the most severe trade curbs available if companies continue giving Beijing access to advanced semiconductor technology. Wall Street’s semiconductor index lost over $480bn in stock market value on Wednesday and headed for its worst session since 2022 after a report said Washington was mulling tighter curbs on exports of advanced semiconductor technology to …

Decoupling result of US' China policy
6 months, 2 weeks ago

Decoupling result of US' China policy

China Daily  

Capital market decoupling between the United States and China is occurring to some extent, and US restrictions targeting China have played a significant role, experts said. US President Joe Biden signed an executive order last August to establish a foreign investment review mechanism to restrict US entities from investing in China's semiconductors and microelectronics, quantum information technology, and artificial intelligence …

Decoupling result of US' China policy
6 months, 2 weeks ago

Decoupling result of US' China policy

China Daily  

By Yifan Xu in Washington | China Daily | Updated: 2024-06-27 09:51 Capital market decoupling between the United States and China is occurring to some extent, and US restrictions targeting China have played a significant role, experts said. US President Joe Biden signed an executive order last August to establish a foreign investment review mechanism to restrict US entities from …

US lens on investments to hinder AI, chip sectors
6 months, 2 weeks ago

US lens on investments to hinder AI, chip sectors

China Daily  

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb 17, 2023. Washington's latest proposal to restrict and monitor US companies' and individuals' investments in key technologies in China will jeopardize the global artificial intelligence and semiconductor supply chains, and increase the uncertainty of international economic recovery, officials and experts said on Monday. Wei Jianguo, …

US lens on investments to hinder AI, chip sectors
6 months, 2 weeks ago

US lens on investments to hinder AI, chip sectors

China Daily  

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb 17, 2023. Washington's latest proposal to restrict and monitor US companies' and individuals' investments in key technologies in China will jeopardize the global artificial intelligence and semiconductor supply chains, and increase the uncertainty of international economic recovery, officials and experts said on Monday. Wei Jianguo, …

Yellen says China’s trade policies could ‘interfere significantly’ with US bilateral relationship
6 months, 4 weeks ago

Yellen says China’s trade policies could ‘interfere significantly’ with US bilateral relationship

Associated Press  

WASHINGTON — Treasury Secretary Janet Yellen says Chinese “overconcentrated supply chains” pose a threat to U.S. jobs and recent investments meant to build up the U.S. green energy sector, and the Asian superpower’s pursuit of its trade policies “may interfere significantly with our efforts to build a healthy economic relationship.” In a prepared speech to Wall Street and business executives …

U.S. plans to impose major new tariffs on EVs, other Chinese green energy imports
8 months ago

U.S. plans to impose major new tariffs on EVs, other Chinese green energy imports

The Hindu  

The Biden administration plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China, according to a U.S. official and another person familiar with the plan. The tariffs, expected to be announced Tuesday, come as officials across the Democratic administration have expressed frustration over China's manufacturing “overcapacity” of EVs and other products that …

New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says
9 months ago

New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says

Associated Press  

GUANGZHOU, China — U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage. Yellen, who arrived later in Beijing after starting her five-day visit in one of China’s major industrial and export hubs, said the …

US urged to stop 'overstretching' national security claims
10 months, 1 week ago

US urged to stop 'overstretching' national security claims

China Daily  

Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. Beijing on Friday urged Washington to stop overstretching the concept of national security and cease its discriminatory suppression of Chinese companies after US President Joe Biden ordered an investigation into the national security risks posed by Chinese-made "smart cars". Biden said in a statement on …

US urged to stop 'overstretching' national security claims
10 months, 1 week ago

US urged to stop 'overstretching' national security claims

China Daily  

By MO JINGXI | China Daily | Updated: 2024-03-02 08:09 Vehicles from Chinese brands wait to be exported from a port in Suzhou, Jiangsu province. Beijing on Friday urged Washington to stop overstretching the concept of national security and cease its discriminatory suppression of Chinese companies after US President Joe Biden ordered an investigation into the national security risks posed …

China pledges to increase opportunities for foreign companies as it seeks to boost its economy
10 months, 1 week ago

China pledges to increase opportunities for foreign companies as it seeks to boost its economy

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Containing China's technology ecosystem will remain a US policy priority
1 year, 1 month ago

Containing China's technology ecosystem will remain a US policy priority

Live Mint  

The most significant achievement of last week’s meeting between Joe Biden and Xi Jinping was that it took place. The post-meeting readout by the White House conceded little, saying that the meeting was “candid and constructive" and set the tone at the outset by noting that the US president “emphasized that the United States and China are in competition, noting …

US investors flag retaliation risks after Joe Biden's China tech curbs
1 year, 5 months ago

US investors flag retaliation risks after Joe Biden's China tech curbs

Firstpost  

In response to Biden’s executive order, China’s commerce ministry said it was “gravely concerned” and reserved the right to take counter-measures. While the market mostly shrugged off President Joe Biden’s move to prohibit some U.S. technology investments in China, U.S. investors said they were worried Beijing would retaliate or pull back from buying American technology. SELF-SUFFICIENCY China hawks in Washington …

China accuses US of trying to block its development and demands that technology curbs be repealed
1 year, 5 months ago

China accuses US of trying to block its development and demands that technology curbs be repealed

Associated Press  

BEIJING — China accused Washington on Thursday of trying to block its development after President Joe Biden stepped up a feud over technology and security by tightening controls on U.S. investments that might help Beijing develop its military. The Foreign Ministry accused the Biden administration of pursuing “technology hegemony” and demanded Washington “immediately revoke its erroneous decision.” It warned that …

‘Economic Coercion’: US bans tech investments in China, miffed CCP warns of impact on global supply chains
1 year, 5 months ago

‘Economic Coercion’: US bans tech investments in China, miffed CCP warns of impact on global supply chains

Firstpost  

The US has banned American companies from investing in Chinese tech businesses that have anything to do with semiconductors and microelectronics, quantum information technologies. China is very angry with this, saying it will impact global supply chains President Joe Biden has signed an executive order that will stop certain new investments from the US in China’s sensitive technology sectors, such …

China lodges 'solemn representations' with US over investment restrictions: Foreign ministry
1 year, 5 months ago

China lodges 'solemn representations' with US over investment restrictions: Foreign ministry

Firstpost  

“China is strongly dissatisfied and firmly opposes the United States’ insistence on introducing restrictions on investment in China, and has lodged solemn representations with the United States,” an unnamed foreign ministry spokesman said in a statement published online China’s foreign ministry on Thursday said that Beijing has lodged “solemn representations” with the United States over its new measures to restrict …

Biden administration to restrict investments in China, citing 'national security threats'
1 year, 5 months ago

Biden administration to restrict investments in China, citing 'national security threats'

Firstpost  

This measure would be one of the first significant steps by the US amid an economic clash with China to clamp down on outgoing financial flows. In a move that could rankle Beijing, the Biden administration is planning to issue new restrictions on American investments in certain advanced industries in China to protect ‘national security threats’, New York Times reported …

Biden issues executive order restricting US investment in Chinese tech
1 year, 5 months ago

Biden issues executive order restricting US investment in Chinese tech

Al Jazeera  

China accuses the Biden administration of pursuing ‘technology hegemony’ and demands that technology curbs be repealed. President Joe Biden on Wednesday signed an executive order that will narrowly prohibit certain United States investments in sensitive technology in China and require government notification of funding in other tech sectors. “There are several caveats though, this will affect new investments, existing ones …

Biden orders restrictions on U.S. investments in Chinese technology
1 year, 5 months ago

Biden orders restrictions on U.S. investments in Chinese technology

NPR  

Biden orders restrictions on U.S. investments in Chinese technology Enlarge this image toggle caption Alex Brandon/AP Alex Brandon/AP WASHINGTON — In a sign of growing strains between the world's two biggest powers, President Joe Biden signed an executive order Wednesday that would block and regulate high-tech U.S.-based investments going toward China. The order seeks to blunt China's ability to use …

Biden administration's insane ramping-up of tech offensive risks getting out of hand: China Daily editorial
1 year, 5 months ago

Biden administration's insane ramping-up of tech offensive risks getting out of hand: China Daily editorial

China Daily  

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. To contain the rise of China, Washington has politicized global economic development, and the measures it has adopted to prohibit China from having normal cooperative relations with sci-tech companies in the US and even in other developed countries have seriously disrupted …

China warns of response if US imposes further restrictions on Chip sector
1 year, 5 months ago

China warns of response if US imposes further restrictions on Chip sector

India Today  

China does not want a trade or tech war but will definitely respond if the United States imposes more curbs on its chip sector, China's ambassador to Washington said on Wednesday. The Biden administration has been finalizing an executive order that would restrict certain investment in sectors including advanced semiconductors, quantum computing and artificial intelligence, and a senior administration official …

Chinese Tech Entrepreneurs Keen to 'De-China' as Tensions with US Soar
1 year, 7 months ago

Chinese Tech Entrepreneurs Keen to 'De-China' as Tensions with US Soar

News 18  

For the ambitious Chinese tech entrepreneur, expanding into the US just keeps getting harder. Now, some mainland China tech business owners say they need to go further and gain permanent residency or citizenship abroad to avoid the curbs on and the biases against Chinese companies in the United States. Geopolitical tensions have meant a far less friendly atmosphere for mainland …

U.S. 'won't tolerate' China's ban on Micron chips
1 year, 7 months ago

U.S. 'won't tolerate' China's ban on Micron chips

The Hindu  

The United States "won't tolerate" China's effective ban on purchases of Micron Technology memory chips and is working closely with allies to address such "economic coercion," U.S. Commerce Secretary Gina Raimondo said on Saturday. Raimondo told a news conference after a meeting of trade ministers in the U.S.-led Indo-Pacific Economic Framework talks that the U.S. "firmly opposes" China's actions against …

China and the US are on a slow but sure collision course
1 year, 8 months ago

China and the US are on a slow but sure collision course

Live Mint  

I recently attended the China Development Forum in Beijing, an annual gathering of senior foreign business leaders, academics, former policymakers and top Chinese officials. This year’s conference was the first to be held in person since 2019, and it offered Western observers an opportunity to meet China’s new senior leadership, including new Premier Li Qiang. Li’s joke included an implicit …

Biden to limit growth in China for chipmakers getting U.S. funds
1 year, 9 months ago

Biden to limit growth in China for chipmakers getting U.S. funds

LA Times  

The Biden administration unveiled tight restrictions on new operations in China by semiconductor manufacturers that get federal funds to build in the U.S. The new restrictions tied to the CHIPS Act aim to impose more onerous limitations on companies expected to secure incentives, including industry leaders Taiwan Semiconductor Manufacturing Co., Samsung Electronics Co. and Intel Corp., which all operate in …

China accuses Washington of trying to block its development
1 year, 10 months ago

China accuses Washington of trying to block its development

The Independent  

Get Nadine White's Race Report newsletter for a fresh perspective on the week's news Get our free newsletter from The Independent's Race Correspondent Get our free newsletter from The Independent's Race Correspondent SIGN UP I would like to be emailed about offers, events and updates from The Independent. Xi said a US-led campaign of “containment and suppression” of China has …

US's discussions with Japan, and the Netherlands to sanction China on chips will yield no immediate effect
1 year, 11 months ago

US's discussions with Japan, and the Netherlands to sanction China on chips will yield no immediate effect

Firstpost  

The US has been trying to sanction China for some time now and has asked its allies to put up sanctions that would stop tech companies from working with the Chinese chip industry. In an effort to halt Beijing’s scientific and military advancements, the Biden administration unveiled a comprehensive set of export regulations in October, including measures that severely restrict …

Op-Ed: What Silicon Valley must sacrifice to curb China’s exploitation of U.S. tech
2 years, 2 months ago

Op-Ed: What Silicon Valley must sacrifice to curb China’s exploitation of U.S. tech

LA Times  

Previous U.S. administrations have targeted specific Chinese companies accused of supporting China’s defense modernization or violating human rights. The Biden administration considers further advances in Chinese semiconductor technology — or the artificial intelligence applications that advanced chips enable — counter to U.S. national interests. The U.S. had tried to stop certain Chinese firms with military links from accessing advanced chips, …

China lashes out at latest U.S. export controls on chips
2 years, 3 months ago

China lashes out at latest U.S. export controls on chips

The Hindu  

China on Saturday criticized the latest U.S. decision to tighten export controls that would make it harder for China to obtain and manufacture advanced computing chips, calling it a violation of international economic and trade rules that will “isolate and backfire” on the U.S. “Out of the need to maintain its sci-tech hegemony, the U.S. abuses export control measures to …

How Biden is blocking China's access to chip technology
2 years, 3 months ago

How Biden is blocking China's access to chip technology

Hindustan Times  

The Biden administration published a sweeping set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment, vastly expanding its reach in its bid to slow Beijing's technological and military advances. If effective, they could hobble China's chip manufacturing industry by forcing American and foreign companies …

US aims to hobble China’s chip industry with sweeping new rules
2 years, 3 months ago

US aims to hobble China’s chip industry with sweeping new rules

Al Jazeera  

The host of measures could amount to the biggest shift in US policy on shipping technology to China since the 1990s and could set Chinese chipmakers back by years. If effective, they could set China’s chip manufacturing industry back years by forcing American and foreign companies that use US technology to cut off support for some of China’s leading factories …

Biden administration issues rules to curtail China’s access to microchip technology
2 years, 3 months ago

Biden administration issues rules to curtail China’s access to microchip technology

CNN  

CNN — The Biden administration on Friday imposed sweeping new curbs designed to curtail China’s access to technology critical to the manufacturing and operations of its military power. The Commerce Department action applies new export controls to restrict China’s access to advanced computing chips, its ability to develop and maintain super computers and manufacture semiconductors. But the scale of the …

New Restrictions in Order as US Takes Aim at China’s Semiconductor Industry Ambitions: Report
2 years, 3 months ago

New Restrictions in Order as US Takes Aim at China’s Semiconductor Industry Ambitions: Report

News 18  

The Biden administration is ramping up its efforts to contain China’s ability to make cutting-edge circuitry by preparing export controls which will further impact its semiconductor sector. China’s semiconductor industry growth could face a stumbling block as the US, South Korea and European countries could enforce joint export restrictions as they hold a near-monopoly over production and sales of key …

President Joe Biden's curbs on chips to China part of broader effort
2 years, 4 months ago

President Joe Biden's curbs on chips to China part of broader effort

The Hindu  

Chip designer Nvidia Corp. this week said the United States told it to restrict exports to China of two computing chips for artificial intelligence work, the latest move in a broader government effort to hamper China's access to the most sophisticated semiconductors. While a Commerce Department spokesperson did not shed much light on the letters in a statement, they suggested …

China demands US drop tech export curbs after Nvidia warning
2 years, 4 months ago

China demands US drop tech export curbs after Nvidia warning

Associated Press  

BEIJING — The Chinese government on Thursday called on Washington to repeal its technology export curbs after California-based chip designer Nvidia said a new product might be delayed and some work might be moved out of China. Nvidia said it was told last week it needs a U.S. government license to export any product with performance equal to its A100 …

Analysis: China’s shadow is looming over the US this week
2 years, 5 months ago

Analysis: China’s shadow is looming over the US this week

CNN  

A version of this story appears in CNN’s What Matters newsletter. Reporting on the tense hourslong conversation between Biden and Xi, CNN’s Kevin Liptak notes Taiwan has emerged as a key dispute between the countries “as US officials fear a more imminent Chinese move on the self-governing island.” Back in May, while in Asia, Biden seemed to saythe quiet part …

Proposed China investment curb by U.S. sparks debate among chipmakers
2 years, 8 months ago

Proposed China investment curb by U.S. sparks debate among chipmakers

The Hindu  

Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S. government sweeping new powers to block billions in U.S. investment into China, according to documents seen by Reuters. But the "outbound investment" proposal could hamper those companies' investments abroad, leading some chipmakers to advocate for aggressive opposition to its inclusion in the chips bill …

U.S. considers banning key exports to Chinese chipmaker SMIC
3 years, 1 month ago

U.S. considers banning key exports to Chinese chipmaker SMIC

The Hindu  

U.S. officials are considering discussing a Defense Department proposal this month to close regulatory loopholes that have allowed Chinese chipmaker SMIC to buy critical U.S. technology, the Wall Street Journal reported on Thursday. Some Commerce Department officials are trying to block the Defense Department's proposal, the Journal added, citing people familiar with the matter. Semiconductor Manufacturing International Corp was added …

U.S. to bar investment in Chinese AI giant
3 years, 1 month ago

U.S. to bar investment in Chinese AI giant

Live Mint  

U.S. officials plan to ban American investment in Chinese artificial intelligence giant SenseTime Group Inc. and are looking to block China’s largest chip maker from buying U.S. manufacturing tools, in a broadening Biden administration effort against Chinese technology firms. SenseTime, a leading developer of facial recognition technology, on Friday will be placed on a Treasury Department blacklist of Chinese companies …

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