Biden expected to tighten rules on US investment in China
1 year, 9 months ago

Biden expected to tighten rules on US investment in China

Associated Press  

— The Biden administration is close to tightening rules on some overseas investments by U.S. companies in an effort to limit China’s ability to acquire technologies that could improve its military prowess, according to a U.S. official familiar with the deliberations. The soon-to-be-issued executive order from President Joe Biden will limit American investment in advanced technologies that have national security applications — such as next-generation military capabilities that could help China improve the speed and accuracy of military decision making, according to the official, who was not authorized to comment and spoke on the condition of anonymity. The Wall Street Journal first reported on Saturday that the Treasury and Commerce departments delivered reports to lawmakers on Friday detailing plans for the new regulatory system to address U.S. overseas investment in advanced technologies. A White House National Security Council spokesperson declined to comment on the Treasury and Commerce reports, but noted that administration officials have kept Congress apprised on its progress in crafting an approach to overseas investment.

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History of this topic

Biden approves national security memo on China, Iran, North Korea and Russia ahead of Trump’s return
Trending News
1 week, 6 days ago

Biden approves national security memo on China, Iran, North Korea and Russia ahead of Trump’s return

Associated Press  

WASHINGTON — President Joe Biden has approved a new national security memorandum ahead of Donald Trump’s return to the White House that could serve as a road map for the incoming administration as it looks to counter growing cooperation among China, Iran, North Korea and Russia, the White House said Wednesday. It was shaped to be a document that could …

China open to enhancing Sino-US relations based on 'three principles'
1 month, 2 weeks ago

China open to enhancing Sino-US relations based on 'three principles'

China Daily  

Donald Trump's pledge during his campaign to end the Middle East and Ukraine crises in a short time became the focus of media reports and commentaries soon after he won the presidential election on Tuesday. But how Sino-US relations will develop during his second term as US president has been the common focus of a broader group of people, because …

Beijing reacts cautiously to Donald Trump’s presidential win, emphasises 'mutual respect' in US-China ties
1 month, 2 weeks ago

Beijing reacts cautiously to Donald Trump’s presidential win, emphasises 'mutual respect' in US-China ties

India TV News  

Amid Donald Trump's historic victory in the recently concluded US polls, China on Wednesday exercised utmost caution in its statement regarding his win. Speaking to the media, Chinese Foreign Ministry spokesperson Mao Ning asserted that Beijing will continue to manage its relationship with the US in accordance with the principles of mutual respect. Notably, while carefully addressing Trump’s victory, the …

Rebuilding Trust: The Path to Navigating Sino-US Relations
1 month, 2 weeks ago

Rebuilding Trust: The Path to Navigating Sino-US Relations

China Daily  

The article emphasizes the crucial need for fostering non-confrontational and manageable competition between China and the US. It argues that achieving this requires acknowledging the possibility of a less aggressive approach that aligns with both countries' security and interests. The article highlights the US's military advantage as a key factor in shaping the relationship, and suggests that the US should …

After talks, it's time to take more important steps
3 months, 3 weeks ago

After talks, it's time to take more important steps

China Daily  

Whenever officials from China and the United States meet, world leaders take note. As the US presidential election occurs in roughly two months and as President Biden is not seeking re-election, it is incumbent on him to advance US-Chinese relations before either former president Donald Trump or Vice-President Kamala Harris enters the Oval Office in January 2025. Indeed, words matter, …

China opposes US sanctions on firms over alleged ties to Russia’s war efforts
3 months, 4 weeks ago

China opposes US sanctions on firms over alleged ties to Russia’s war efforts

Associated Press  

BEIJING — China on Sunday expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country’s businesses. “China urges the U.S. to immediately stop its wrong practices and will take necessary measures to resolutely safeguard the …

Biden and Trump accuse each other of weakening America’s foreign policy. Here are the facts
5 months, 1 week ago

Biden and Trump accuse each other of weakening America’s foreign policy. Here are the facts

Associated Press  

WASHINGTON — In a relative rarity for presidential elections, both President Joe Biden and former President Donald Trump have long records on foreign policy and clearly stated positions on many of the world’s hot spots. Iran In 2016, Trump campaigned on the idea that the 2015 Iran nuclear deal, a signature foreign policy achievement of the Obama administration, was the …

US could learn a thing or two from its own diplomacy failings
5 months, 3 weeks ago

US could learn a thing or two from its own diplomacy failings

China Daily  

The US Capitol building is shrouded in haze in Washington, DC, the United States, on June 7, 2023. In his op-ed, "What the United States Can Learn from China", published on the Foreign Policy website last week, Stephen Walt, a professor of international relations at the Harvard Kennedy School, has apparently tried to offer US policymakers some food for thought …

Decoupling result of US' China policy
5 months, 4 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 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 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 proposes rules to stop Americans from investing in Chinese technology with military uses
6 months ago

US proposes rules to stop Americans from investing in Chinese technology with military uses

Associated Press  

WASHINGTON — The Treasury Department on Friday fleshed out a proposed rule that would restrict and monitor U.S. investments in China for artificial intelligence, computer chips and quantum computing. The proposed rule stems from President Joe Biden’s August 2023 executive order regarding the access that “countries of concern” have to American dollars that fund advanced technologies, which the U.S. government …

US proposes restrictions for investments in Chinese tech, AI
6 months ago

US proposes restrictions for investments in Chinese tech, AI

Al Jazeera  

Draft rule would prohibit US investors from funding AI systems in China that could be used for weapons targeting, other military uses. The fleshed-out draft rule, issued on Friday, stems from President Joe Biden’s August executive order regarding the access that “countries of concern” have to American dollars to fund advanced technologies that could enhance those nations’ military, intelligence, surveillance …

West's attempts to smear Beijing as Moscow's accomplice smell fishy: China Daily editorial
6 months, 1 week ago

West's attempts to smear Beijing as Moscow's accomplice smell fishy: China Daily editorial

China Daily  

A woman walks past the banner of the Group of Seven summit at the media center in Bari, Apulia Region, Italy, June 12, 2024. Zelensky's demands are that Moscow withdraw its troops and return the territories it now controls, including Crimea, and compensate Ukraine for the damages it has suffered as a result of Russia's "special military operation". Without providing …

Rich countries unite against China ... sort of
6 months, 1 week ago

Rich countries unite against China ... sort of

Politico  

That comes after the U.S. has sought to apply maximum pressure on the Chinese in recent years, hitting Beijing with heavy tariffs and accusing it of unfair trade practices. “It’s just always going to be a struggle,” said one former administration official who worked on Biden’s trade agenda, granted anonymity to discuss the diplomatic dynamics. “So it is, in fact, …

US smear on trade ties with Russia opposed
6 months, 1 week ago

US smear on trade ties with Russia opposed

China Daily  

The Foreign Ministry rejected on Thursday Washington's smear over the normal trade and economic exchanges between China and Russia, as the United States intensified the pressure on Russia over the Ukraine crisis with a new round of sanctions also targeting Chinese companies. At a news briefing on Thursday, ministry spokesman Lin Jian said China and Russia are comprehensive strategic partners …

US smear on trade ties with Russia opposed
6 months, 1 week ago

US smear on trade ties with Russia opposed

China Daily  

By MO JINGXI | China Daily | Updated: 2024-06-14 09:15 The Foreign Ministry rejected on Thursday Washington's smear over the normal trade and economic exchanges between China and Russia, as the United States intensified the pressure on Russia over the Ukraine crisis with a new round of sanctions also targeting Chinese companies. At a news briefing on Thursday, ministry spokesman …

Countermeasures against US sanctions called for: China Daily editorial
7 months ago

Countermeasures against US sanctions called for: China Daily editorial

China Daily  

Photo taken on Oct 28, 2021 shows the White House in Washington, DC, the United States. That explains why China took measures on Tuesday against 12 US companies involved in the US arms sales to Taiwan and their senior executives. Nor any reason why China should snap to attention at the US' command and cut its normal trade ties with …

How China is fortifying its economy for war with the West
7 months, 1 week ago

How China is fortifying its economy for war with the West

The Telegraph  

In the frantic weeks that followed Russia’s invasion of Ukraine, China’s most senior officials scrambled to understand the implications that the conflict posed for the Chinese economy. Representatives from every major domestic and foreign bank, including HSBC, were reportedly summoned to an emergency summit where worried officials from the central bank and finance ministry demanded to know what steps could …

Blinken tells China it's in their interest to stop helping Russia
7 months, 4 weeks ago

Blinken tells China it's in their interest to stop helping Russia

NPR  

Blinken tells China it's in their interest to stop helping Russia Enlarge this image toggle caption Stefen Chow for NPR Stefen Chow for NPR BEIJING — Secretary of State Antony Blinken concluded his visit to China with a meeting with Chinese leader Xi Jinping, urging more communication between the U.S. and China even as both men agreed both superpowers did …

US top diplomat Blinken calls for ‘level playing field’ for firms in China
8 months ago

US top diplomat Blinken calls for ‘level playing field’ for firms in China

Al Jazeera  

US Secretary of State expresses concern over ‘trade policies and non-market economic practices’ on visit to Shanghai. Blinken raised concerns about China’s “trade policies and non-market economic practices” and expressed hope for a “level playing field for US workers and firms operating in China”, State Department spokesperson Matthew Miller said Chen, who welcomed Blinken partly in English, spoke of the …

China boosting Russia’s war machine in Ukraine: U.S.
8 months, 1 week ago

China boosting Russia’s war machine in Ukraine: U.S.

The Hindu  

China is backing Russia's war effort in Ukraine by helping Moscow in its biggest military buildup since the Soviet era, providing drone and missile technology, satellite imagery and machine tools, senior U.S. officials said on Friday. In addition, Russia has received military optics for tanks and armored vehicles that Chinese firms iRay Technology and North China Research Institute of Electro-Optics …

US intelligence finding shows China surging equipment sales to Russia to help war effort in Ukraine
8 months, 1 week ago

US intelligence finding shows China surging equipment sales to Russia to help war effort in Ukraine

Associated Press  

WASHINGTON — 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. A third senior official identified another manufacturer as Yantai-based IRay Technology Co. Ltd. Russia’s semiconductor imports from China jumped …

Work in progress
8 months, 1 week ago

Work in progress

China Daily  

MA XUEJING / CHINA DAILY Whether China and the US can act on the San Francisco Vision is a test for the political wisdom of both sides President Xi Jinping spoke with United States President Joe Biden on the phone on April 2,during which the two presidents had a candid and in-depth exchange of views on China-US relations and issues …

Work in progress
8 months, 1 week ago

Work in progress

China Daily  

MA XUEJING / CHINA DAILY Whether China and the US can act on the San Francisco Vision is a test for the political wisdom of both sides President Xi Jinping spoke with United States President Joe Biden on the phone on April 2,during which the two presidents had a candid and in-depth exchange of views on China-US relations and issues …

America’s tough talk on trade balance
8 months, 1 week ago

America’s tough talk on trade balance

Hindustan Times  

There are no standout outcomes of United States treasury secretary Janet Yellen’s just-concluded visit to China, but it remains a crucial piece in the broader engagement between the two countries. In fact, a Biden-Xi call days before Yellen landed in Beijing was seen as a prologue of sorts to the visit, with the leaders appreciating the progress made on a …

US will push China to change a policy threatening American jobs, Treasury Secretary Yellen says
8 months, 2 weeks ago

US will push China to change a policy threatening American jobs, Treasury Secretary Yellen says

Associated Press  

BEIJING — The Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs, Treasury Secretary Janet Yellen said Monday after wrapping up four days of talks with Chinese officials. “And when the global market is flooded by artificially cheap Chinese products, the viability of American and other foreign firms is put into question.” …

New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says
8 months, 2 weeks 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 treasury secretary is in China to talk trade, anti-money laundering and Chinese ‘overproduction’
8 months, 3 weeks ago

US treasury secretary is in China to talk trade, anti-money laundering and Chinese ‘overproduction’

Associated Press  

GUANGZHOU, China — Treasury Secretary Janet Yellen arrived in China on Thursday for five days of meetings in a nation determined to avoid open conflict with the United States, yet the world’s two largest economies still appear to be hashing out the rules on how to compete against each other. “We’re concerned about a massive investment in China in a …

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks
8 months, 3 weeks ago

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks

The Hindu  

U.S. President Joe Biden and Chinese President Xi Jinping discussed Taiwan, artificial intelligence and security issues on Tuesday in a call meant to demonstrate a return to regular leader-to-leader dialogue between the two powers. Mr. Biden reaffirmed the United States’ longstanding “One China” policy and reiterated that the U.S. opposes any coercive means to bring Taiwan under Beijing’s control. Mr. …

Biden-Xi phone call: US warns China on supporting Russia’s military industrial base
8 months, 3 weeks ago

Biden-Xi phone call: US warns China on supporting Russia’s military industrial base

Hindustan Times  

Washington: In their first conversation this year, US President Joe Biden warned China’s President Xi Jinping against Beijing’s ongoing support for Russian military industrial base, its aggressive tactics in the South China Sea, China’s “unfair” trade and economic practices, and reiterated the importance of maintaining peace and stability across the Taiwan Strait, the White House said on Tuesday. “He raised …

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks
8 months, 3 weeks ago

Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks

Associated Press  

WASHINGTON — President Joe Biden and Chinese President Xi Jinping discussed Taiwan, artificial intelligence and security issues Tuesday in a call meant to demonstrate a return to regular leader-to-leader dialogue between the two powers. Biden reaffirmed the United States’ longstanding “One China” policy and reiterated that the U.S. opposes any coercive means to bring Taiwan under Beijing’s control. As the …

By seeking to 'outcompete' China, the US is sowing seeds of conflict: China Daily editorial
9 months, 1 week ago

By seeking to 'outcompete' China, the US is sowing seeds of conflict: China Daily editorial

China Daily  

US President Joe Biden speaks during a campaign event at Pullman Yards in Atlanta, Georgia, US on March 9. Deputy Secretary of State for Management and Resources Richard Verma did not mince words when he said on Monday that the US must resort to "all the tools at our disposal" to outcompete China, and for that purpose the budget request …

US military wants its money fix: China Daily editorial
9 months, 3 weeks ago

US military wants its money fix: China Daily editorial

China Daily  

This file photo taken on Dec 4, 2019 shows a view of the Capitol Hill in Washington DC, the US. This time, it is Stephen Whiting, head of the US Space Command, who has sounded the alarm over what he perceives as China's rapid advancement in space technology, warning of the potential threats he alleges it poses to the US' …

Top diplomats from US, China hold ‘constructive’ talks on issues dividing them
10 months, 1 week ago

Top diplomats from US, China hold ‘constructive’ talks on issues dividing them

Associated Press  

MUNICH — Top diplomats from the U.S. and China on Friday held a “candid and constructive” discussion on issues vexing their strained relations over Taiwan, the situation in the South China Sea, Russia’s war against Ukraine and synthetic opioids, the State Department said. The meeting between U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi on the …

How Washington is bracing for Trump’s next trade war
10 months, 2 weeks ago

How Washington is bracing for Trump’s next trade war

Politico  

The Republican presidential frontrunner is reportedly considering up to a 60 percent tariff on all imports from China and a 10 percent “universal” tariff on all other trading partners if he wins reelection in November. In a sign that even some of his own advisers don’t know what’s in Trump’s head, one former Trump trade official said the reported tariff …

Confrontation the result of competition taken to excess at expense of cooperation: China Daily editorial
10 months, 3 weeks ago

Confrontation the result of competition taken to excess at expense of cooperation: China Daily editorial

China Daily  

Chinese and US flags flutter outside the building of an American company in Beijing. Underlining the idea that constructive engagement with China is in the national interest of the US, he reiterated the White House's commitment to the "3C framework" for the US' China policy — "collaborate, compete, confront". It is finalizing a new decree aimed at excluding Chinese users …

Biden aide urges Bejing to press Iran over Houthi attacks. China warns US over Taiwan independence
10 months, 3 weeks ago

Biden aide urges Bejing to press Iran over Houthi attacks. China warns US over Taiwan independence

Associated Press  

U.S. national security adviser Jake Sullivan pressed Chinese Foreign Minister Wang Yi during talks in Thailand to use China’s influence with Iran to ease tensions in the Middle East. A senior U.S. official said Sullivan cited China’s extensive economic leverage over Iran and emphasized that the destabilizing effect of the Houthi attacks on international commerce. Wang said Taiwan’s election, won …

Xi Jinping seeks to improve China’s ties with record number of countries to counter US
11 months, 2 weeks ago

Xi Jinping seeks to improve China’s ties with record number of countries to counter US

Firstpost  

In contrast to Washington’s strategy of building alliances with predominantly affluent allies, Beijing is pursuing a strategy of cultivating ties with developing nations, which constitute the majority of the world’s population, leveraging aid, trade, and investments. Chinese President Xi Jinping strengthened diplomatic ties with a record number of countries last year as part of his efforts to mobilise the Global …

China’s response to ‘de-risking’ strategy of the west
11 months, 3 weeks ago

China’s response to ‘de-risking’ strategy of the west

Hindustan Times  

The annual parliamentary sittings of China’s National People’s Congress and the Chinese People’s Political Consultative Conference—usually held at the same time—are important political events, with speeches of leaders at the meetings reflecting the country’s policy trajectory. As a new German strategy paper on China noted, “China is simultaneously a partner, competitor and systemic rival.” The paper notes that China is …

Top US military officer speaks with Chinese counterpart as US aims to warm relations with Beijing
1 year ago

Top US military officer speaks with Chinese counterpart as US aims to warm relations with Beijing

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 …

Israel, Ukraine, China: Foreign challenges hinder Biden’s re-election bid
1 year, 1 month ago

Israel, Ukraine, China: Foreign challenges hinder Biden’s re-election bid

Live Mint  

SAN FRANCISCO—During a much-anticipated summit this week with Chinese President Xi Jinping aimed at resetting relations between the two powers, President Biden took a briefing from Jake Sullivan, his national security adviser, on a completely different topic: the swelling conflict in the Middle East. Democratic pollster Ben Tulchin said foreign policy “tends not to be a driving issue" for voters …

Biden likely to discuss Ukraine and Israel wars with Xi Jinping
1 year, 1 month ago

Biden likely to discuss Ukraine and Israel wars with Xi Jinping

Deccan Chronicle  

San Francisco: As US President Joe Biden prepares for a rare summit with Chinese President Xi Jinping, the ongoing wars in Ukraine and between Israel and Hamas set the stage for high-stakes discussions, CNN reported on Tuesday. Even as he applies pressure on Xi, Biden's own ability to shape the wars in the Middle East and Europe is being tested, …

What does easing of Sino-US ties signify?
1 year, 1 month ago

What does easing of Sino-US ties signify?

China Daily  

MA XUEJING/CHINA DAILY High-level interactions between China and the United States have increased in recent months, fostering a warmer atmosphere. The US side has stressed it does not seek "decoupling" from China, and the Joe Biden administration has extended the agreement between the two countries on cooperation in science and technology by six months. First, Biden's moves are in response …

What does easing of Sino-US ties signify?
1 year, 1 month ago

What does easing of Sino-US ties signify?

China Daily  

High-level interactions between China and the United States have increased in recent months, fostering a warmer atmosphere. The US side has stressed it does not seek "decoupling" from China, and the Joe Biden administration has extended the agreement between the two countries on cooperation in science and technology by six months. First, Biden's moves are in response to concerns raised …

U.S. and China to Meet as Shifting Economic Fortunes Alter Relationship
1 year, 1 month ago

U.S. and China to Meet as Shifting Economic Fortunes Alter Relationship

Live Mint  

As Treasury Secretary Janet Yellen meets Chinese Vice Premier He Lifeng this week, the two sides find themselves in an economic role reversal. The comparative U.S. strength and Chinese weakness is a change from previous rounds of diplomacy between the world’s two largest economies, when China’s rocketing growth fed anxiety among American officials about Beijing’s geopolitical ambitions. Beijing is concerned …

Russia to ease investment for ‘friendly’ countries
1 year, 1 month ago

Russia to ease investment for ‘friendly’ countries

Al Jazeera  

Russia will ease investment processes for citizens and companies from “friendly” countries, as it seeks to establish an anti-Western coalition and shore up its sanctions-hit economy. The “friendly” countries whose citizens and companies will be able to open Russian bank accounts and make deposits through a simplified process include China, India, Brazil, Saudi Arabia, Turkey, Kazakhstan and Belarus. ‘Unfriendly’ According …

China, U.S. discuss potential meeting between Xi Jinping and Joe Biden next month
1 year, 1 month ago

China, U.S. discuss potential meeting between Xi Jinping and Joe Biden next month

The Hindu  

President Joe Biden has emphasised that the United States and China need to manage competition in the relationship responsibly and maintain open lines of communication as he met Chinese Foreign Minister Wang Yi ahead of a potential meeting with President Xi Jinping next month to reset bilateral ties. President Biden met Wang at the White House on October 27 after …

China is building up its nuclear weapons arsenal faster than previous projections, a US report says
1 year, 2 months ago

China is building up its nuclear weapons arsenal faster than previous projections, a US report says

Associated Press  

WASHINGTON — A Pentagon report on China’s military power says Beijing is exceeding previous projections of how quickly it is building up its nuclear weapons arsenal and is “almost certainly” learning lessons from Russia’s war in Ukraine about what a conflict over Taiwan might look like. The report released Thursday also warns that China may be pursuing a new intercontinental …

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