Washington DC: Elon Musk on Thursday praised Indian-American lawmaker Vivek Ramaswamy — who is set to contest against Donald Trump in Republican primaries for presidential polls — calling him a “very promising candidate”. “He is a very promising candidate,” Elon Musk said on X while referring to Ramaswamy’s interview with popular journalist Tucker Carlson. He has called China the “biggest …
The story so far: The Trump-era focus of the U.S. to decouple from China is being phased out by a new concept. According to the U.S. National Security Advisor Jack Sullivan, “de-risking fundamentally means having resilient, effective supply chains and ensuring we cannot be subjected to the coercion of any other country”. Bringing more nuance into its earlier decoupling approach …
Shi Yu/China Daily The Russia-Ukraine conflict has rekindled the debate on economic dependency and deglobalization, something that haunted the world when previous US president Donald Trump launched trade wars against China and other US trading partners a few years ago. While the EU and the US restricted exports after the COVID-19 pandemic broke out in early 2020, China has been …