Decoupling result of US' China policy
5 months, 3 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 fields. Gupta said those areas are where the US side would essentially seek to "decouple" from China. Goal laid bare "And so, the goal for the US going forward is to decouple and suppress China in these sectors rather than countenance fair competition," Gupta said. William Jones, a nonresident fellow at the Chongyang Institute for Financial Studies, said US venture capitalists would certainly like to get a "piece of the action" in China's high-tech area while the US government is taken aback by China's rapid progress in high-tech, and it seeks to restrain that progress by preventing venture capital from getting involved in China.

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History of this topic

US effort to curb China’s and Russia’s access to advanced computer chips ’inadequate,’ report finds
5 days ago

US effort to curb China’s and Russia’s access to advanced computer chips ’inadequate,’ report finds

Live Mint  

WASHINGTON — The Commerce Department's efforts to curb China's and Russia's access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate's Permanent Subcommittee on Investigations. The Biden administration imposed export controls to limit the ability of China and Russia …

China is probing Nvidia in a major escalation of its chip war with the US
2 weeks ago

China is probing Nvidia in a major escalation of its chip war with the US

CNN  

CNN — China has opened an antitrust investigation into American chipmaker Nvidia, the world’s largest provider of processors that power artificial intelligence, according to Chinese state media. China Central Television in a report Monday said the Chinese government believes Nvidia’s purchase of Israeli networking company Mellanox could violate the country’s anti-monopoly laws, though the report did not specify what the …

China’s ban on key high-tech materials could have broad impact on industries, economy
2 weeks, 3 days ago

China’s ban on key high-tech materials could have broad impact on industries, economy

Associated Press  

BANGKOK — China has banned exports of key materials used to make a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies that make equipment used to produce advanced computer chips. China has banned, in principle, exports to the United States …

China, US have much to learn from each other
Trending News
2 weeks, 3 days ago

China, US have much to learn from each other

China Daily  

JIN DING/CHINA DAILY One of the top priorities of Donald Trump after he takes oath as US president may not be what American people, in general, think. Though US Vice-President Kamala Harris criticized Trump's tariff threats during her failed presidency bid, the Biden-Harris administration retained tariffs Trump imposed on $370 billion worth of Chinese goods, while also slapping 100 percent …

China, US have much to learn from each other
Trending News
2 weeks, 3 days ago

China, US have much to learn from each other

China Daily  

JIN DING/CHINA DAILY One of the top priorities of Donald Trump after he takes oath as US president may not be what American people, in general, think. Though US Vice-President Kamala Harris criticized Trump's tariff threats during her failed presidency bid, the Biden-Harris administration retained tariffs Trump imposed on $370 billion worth of Chinese goods, while also slapping 100 percent …

China, US have much to learn from each other
2 weeks, 3 days ago

China, US have much to learn from each other

China Daily  

JIN DING/CHINA DAILY One of the top priorities of Donald Trump after he takes oath as US president may not be what American people, in general, think. Though US Vice-President Kamala Harris criticized Trump's tariff threats during her failed presidency bid, the Biden-Harris administration retained tariffs Trump imposed on $370 billion worth of Chinese goods, while also slapping 100 percent …

China fights back against US' new chip restrictions, blocks export of key minerals needed in chipmaking
2 weeks, 5 days ago

China fights back against US' new chip restrictions, blocks export of key minerals needed in chipmaking

Firstpost  

Chinese Ministry of Commerce announced the restrictions, effective immediately, targeting gallium, germanium, antimony, and other key materials. It accused Washington of weaponising trade under the guise of national security China’s decision to block mineral shipments highlights its willingness to leverage its dominance in critical resources, as the country produces 98 per cent of the world’s gallium and 60 per cent …

China tightens curbs on exports of materials with chip-making applications to US
2 weeks, 6 days ago

China tightens curbs on exports of materials with chip-making applications to US

Live Mint  

China will strengthen controls on U.S.-bound exports of some materials that are used in chip making and can have military applications, a move that comes amid rising trade tensions between the two countries. The Chinese Ministry of Commerce said Tuesday that it will ban exports of so-called dual-use materials to the U.S. for military purposes. A ministry spokesperson said the …

China hits back against US chip crackdown
2 weeks, 6 days 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 …

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

US unleashes another crackdown on China’s chip industry
3 weeks ago

US unleashes another crackdown on China’s chip industry

Al Jazeera  

The move is President Joe Biden’s administration’s last large-scale effort to stymie China’s ability to access and produce chips. The United States has launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. The latest effort on Monday to hobble Beijing’s chipmaking ambitions also …

Impending chip moves expose US hypocrisy again
Trending News
3 weeks, 6 days ago

Impending chip moves expose US hypocrisy again

China Daily  

By LI YANG | China Daily | Updated: 2024-11-26 08:07 A view of the booth of Semiconductor Manufacturing International Corp during an expo in Shanghai. The Joe Biden administration is set to unveil new export restrictions on China as soon as this week, the US Chamber of Commerce told members in a Thursday email. These are typical nonmarket moves that, …

Ripple effects of US policy on Chinese trade
1 month ago

Ripple effects of US policy on Chinese trade

Hindustan Times  

The United States ’s firm stance on Chinese products has become a cornerstone of its economic strategy, transcending party lines and administrations. As the world’s two largest economies clash, the consequences ripple through global markets, affecting supply chains, trade relationships, and economic growth worldwide. This bipartisan approach reflects a broader recalibration of the US's economic relationship with China, aiming to …

Alarmed China over Trump victory plans to choke chip industry
1 month 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, 1 week 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" …

Sino-US tech ties need deepening, not 'decoupling'
1 month, 1 week ago

Sino-US tech ties need deepening, not 'decoupling'

China Daily  

An American flag flies outside of the US Capitol dome in Washington, US, Jan 15, 2020. The new US president, with ample business experience and fewer political constraints, has the opportunity to shift away from the current administration's trial-and-error approach and adopt a more rational and pragmatic stance on China. A key assumption underpinning US restrictions on technology exchanges is …

Sino-US tech ties need deepening, not 'decoupling'
1 month, 1 week ago

Sino-US tech ties need deepening, not 'decoupling'

China Daily  

An American flag flies outside of the US Capitol dome in Washington, US, Jan 15, 2020. The new US president, with ample business experience and fewer political constraints, has the opportunity to shift away from the current administration's trial-and-error approach and adopt a more rational and pragmatic stance on China. A key assumption underpinning US restrictions on technology exchanges is …

Market to drive China-US economic, trade ties forward
1 month, 2 weeks ago

Market to drive China-US economic, trade ties forward

China Daily  

Regardless of the stance taken by the new US administration, market forces will ensure that China-US economic and trade cooperation continues to forge ahead, said Zhou Mi, senior researcher at the Chinese Academy of International Trade and Economic Cooperation, which is affiliated with the Ministry of Commerce. And that definitely means more cooperation because they do see the possibilities of …

Time to decouple from decoupling policy: China Daily editorial
1 month, 2 weeks ago

Time to decouple from decoupling policy: China Daily editorial

China Daily  

Voters in Dixville Notch, New Hampshire, went to the polls early Tuesday morning, marking the official start of Election Day voting for the 2024 US presidential election. US House of Representatives Speaker Mike Johnson recently echoed former president Donald Trump's call to repeal the CHIPS Act if he wins the presidential election, only to retract his statement a day later. …

US tech blockade on China counterproductive, self-defeating
1 month, 3 weeks ago

US tech blockade on China counterproductive, self-defeating

China Daily  

Visitors take pictures at the booth of Intel during the 2023 China International Fair for Trade in Services at China National Convention Center in Beijing, capital of China, Sept. 4, 2023. The U.S. government announced new regulations on Monday that restrict investments in China's semiconductor, AI and quantum technology sectors, effective from January next year. This move coincided with an …

Trade body: US distorts global solar market, hampers climate change battle
3 months ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced in 2022, offers subsidies of an unprecedented $369 billion …

Trade body: US distorts global solar market, hampers climate change battle
3 months ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

By Liu Yukun | chinadaily.com.cn | Updated: 2024-09-22 21:03 The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced …

Trade body: US distorts global solar market, hampers climate change battle
3 months ago

Trade body: US distorts global solar market, hampers climate change battle

China Daily  

The China Photovoltaic Industry Association recently highlighted serious concerns and strong opposition over the US distorting the global solar market by providing excessive subsidies to US companies and imposing high tariffs on imported solar products, hampering international cooperation to battle the looming issue of climate change. "The Inflation Reduction Act, introduced in 2022, offers subsidies of an unprecedented $369 billion …

US roll outs new export controls aimed at restricting China’s chip industry
3 months, 2 weeks ago

US roll outs new export controls aimed at restricting China’s chip industry

Al Jazeera  

The United States has rolled out fresh export controls on quantum computers and semiconductor-manufacturing equipment amid concerns about the use of advanced technologies by rivals such as China. “Today’s action ensures our national export controls keep step with rapidly evolving technologies and are more effective when we work in concert with international partners,” Under Secretary for the Bureau of Industry …

'De-risking' efforts and exercise in futility: China Daily editorial
3 months, 2 weeks ago

'De-risking' efforts and exercise in futility: China Daily editorial

China Daily  

Chinese and US flags flutter outside the building of an American company in Beijing. By leveraging closer economic ties with India and encouraging greater collaboration between the two sides in areas such as information technology, space exploration and renewable energy, the Biden administration hopes to hold back China's development by reducing its leadership advantages and, by positioning India as an …

US urged to partake in China's clean energy efforts
3 months, 3 weeks ago

US urged to partake in China's clean energy efforts

China Daily  

Rows of photovoltaic panels installed over the hills provide unique scenery in Nianzhang town of Xiaxian county in Yuncheng city, Shanxi province. Lewis said political and economic tensions between the US and China are high, and that "is exactly when engagement on climate change is of the utmost importance" to avoid "derailing all the progress that we've made in our …

US urged to partake in China's clean energy efforts
3 months, 3 weeks ago

US urged to partake in China's clean energy efforts

China Daily  

By MAY ZHOU in Houston | China Daily | Updated: 2024-08-30 09:27 Rows of photovoltaic panels installed over the hills provide unique scenery in Nianzhang town of Xiaxian county in Yuncheng city, Shanxi province. Lewis said political and economic tensions between the US and China are high, and that "is exactly when engagement on climate change is of the utmost …

Foreign direct investment in China optimizes, upgrades
3 months, 3 weeks ago

Foreign direct investment in China optimizes, upgrades

China Daily  

A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China's Anhui province. According to the United Nations Conference on Trade and Development's Global Investment Trends Monitor, excluding higher values in a few European conduit economies, global FDI flows had dropped by 18 percent in 2023, …

California Democrats fear more restrictions on China could lead to 'death spiral' for US tech firms
4 months, 1 week 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, 1 week 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
4 months, 2 weeks 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 …

Chinese businesses hoping to expand in the US and bring jobs face uncertainty and suspicion
4 months, 2 weeks 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, …

Weakness of US' 'iron chip curtain' exposed: China Daily editorial
4 months, 3 weeks ago

Weakness of US' 'iron chip curtain' exposed: China Daily editorial

China Daily  

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken Feb 25, 2022. The Biden administration has employed the provision to ban foreign companies from exporting semiconductor manufacturing equipment and advanced chips that contain US technologies or parts to Chinese companies. The other takeaway from the move is that more and more US allies …

China calls on countries to resist US economic coercion
5 months ago

China calls on countries to resist US economic coercion

China Daily  

BEIJING -- China's Ministry of Commerce on Friday called on relevant countries to resist economic coercion from the US in the semiconductor sector. The ministry said that China hopes relevant countries will adhere to market principles and the spirit of their contracts, resist the economic coercion from the US, and work together to safeguard the stability of global industrial and …

Chip stocks shed $480bn on China trade fears, Trump’s Taiwan comments
5 months 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
5 months, 3 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
5 months, 4 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
5 months, 4 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, …

The Seismic Shift in the US Trade Agenda
6 months ago

The Seismic Shift in the US Trade Agenda

The Diplomat  

The U.S. economic war against China has become entrenched still further as the Biden administration adds more tariffs to critical goods crossing its borders. While the White House has focused on highlighting China’s unfair trade practices of state subsidies and exporting overcapacity, the tariffs are ultimately designed to protect the nascent critical industries within the United States. While the White …

Selling damaging US chip move no easy task: China Daily editorial
6 months ago

Selling damaging US chip move no easy task: China Daily editorial

China Daily  

The US side makes no bones about the core mission of Under Secretary of Commerce for Industry and Security Alan Estevez's planned visits to the Netherlands and Japan early next month. The intention is to press the two US allies to further tighten and expand their implementation of the United States' ban on high-end chip and equipment exports to China. …

Yellen says China’s trade policies could ‘interfere significantly’ with US bilateral relationship
6 months, 1 week 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 …

Decoupling, de-risking only harm US interests
6 months, 2 weeks ago

Decoupling, de-risking only harm US interests

China Daily  

The US Capitol building is shrouded in haze in Washington, DC, the United States, on June 7, 2023. It reconfirmed that the US export controls led to widespread decoupling between American suppliers and Chinese companies. Resultantly, due to the strict export regime and anti-trade/business and investment policies, numerous American suppliers are being badly affected and are unable to form new …

'Overcapacity' narrative against China aimed at fulfilling 'US-only' dream
7 months ago

'Overcapacity' narrative against China aimed at fulfilling 'US-only' dream

China Daily  

This photo taken on April 24, 2024 shows a new energy vehicle assembly line of BYD, China's leading NEV manufacturer, at the plant of BYD in Zhengzhou, Central China's Henan province. Shortly after US Treasury Secretary Janet Yellen's overcapacity narrative about China in April, the administration of US President Joe Biden announced plans to raise tariffs on Chinese electric vehicles …

Biden continues Trump’s trade war; US imposes major tariffs on China imports
7 months, 1 week ago

Biden continues Trump’s trade war; US imposes major tariffs on China imports

Hindustan Times  

Washington: With the stated objective of protecting American workers and businesses from “unfair Chinese trade practices”, the US increased tariffs on the import of steel and aluminium, semiconductors, electric vehicles, battery, battery components and critical minerals, solar cells, ship to shore cranes and medical products from China on Tuesday. A factsheet released by the White House on Tuesday said that …

'Overcapacity' just an excuse of US protectionism
7 months, 1 week ago

'Overcapacity' just an excuse of US protectionism

China Daily  

Employees work at the assembly line of Xiaomi SU7 electric sedans in Beijing in March. China's recent significant increase in the exports of EVs, lithium batteries and solar photovoltaic products mainly reflect the increasing global emphasis on environmental protection and development of green technology and intelligent economies. Considering the trend of environmental protection in developing countries, it can be said …

Beijing dismisses bogus overcapacity claims from US
7 months, 3 weeks ago

Beijing dismisses bogus overcapacity claims from US

China Daily  

Employees work at a photovoltaic panel production facility in Hefei, Anhui province, in February. On Friday, Beijing dismissed the so-called overcapacity claim by the United States as a false narrative which is another example of the US engaging in protectionism and suppressing China's development. Director-General of the Department of North American and Oceanian Affairs of the Foreign Ministry Yang Tao …

Tensions between Beijing and Washington are the biggest worry for US companies in China, report says
8 months ago

Tensions between Beijing and Washington are the biggest worry for US companies in China, report says

Associated Press  

Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday. American businesses are frustrated by slow progress on promises by China to level the playing field between foreign and Chinese companies, the report said. Among its many recommendations the report …

'Decoupling' cannot make US stronger
8 months ago

'Decoupling' cannot make US stronger

China Daily  

Chinese and US flags flutter outside the building of an American company in Beijing. The same can be said about the visits of US Commerce Secretary Gina Raimondo last year and Treasury Secretary Janet Yellen in early April, and the resumption of the high-level military-to-military video meeting between US Defense Secretary Lloyd Austin and Chinese Defense Minister Dong Jun — …

Washington's "overcapacity" charges misleading
8 months, 1 week ago

Washington's "overcapacity" charges misleading

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY A top priority of US Treasury Secretary Janet Yellen during her just-concluded second China trip was to raise Washington's concerns to Beijing over the so-called "overcapacity" in China's flourishing green industries. Prior to her visit, "Chinese overproduction" accusations coming out of Washington have flooded …

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