Page 28 - Us China

Joe Biden finalises curbs on US investment in Chinese chip, AI tech

The rules, which come after more than a year of deliberation, ban some investments into those industries and require the US government to be notified about others

US okays $2 bn arms sale to Taiwan including advanced missile system

The United States has approved USD 2 billion in arms sales to Taiwan, including the first-time delivery to the self-ruled island of an advanced surface-to-air missile defence system, in a move sure to anger China. Taiwan's presidential office on Saturday thanked Washington for greenlighting the potential arms sales. Under the island's new president, Lai Ching-te, Taiwan has been stepping up defence measures as China increased its military threats against the territory it claims as its own. Beijing last week held war games encircling Taiwan for the second time since Lai took office in May. The US is Taiwan's strongest unofficial ally and its laws bound it to provide Taiwan with the means to defend itself. Strengthening Taiwan's self-defence capabilities is the foundation for maintaining regional stability, Taiwan's presidential spokesperson Karen Kuo said. The potential sales package includes three National Advanced Surface-to-Air Missile Systems (NASAMS) and related equipment valu

Apple CEO Cook says company to increase investment in China: State media

Apple chief Tim Cook met with Chinese Minister Jin Zhuang Long on Wednesday during his second visit to China this year, amid rising competition for Apple in the Chinese market

Will continue to work, have strong ties with India, Brazil, S Africa: US

US Principal Deputy Spokesperson Vedant Patel noted that US intends to manage its relationship and competition with China responsibly

US sanctions Chinese firms for manufacturing Russian drones against Ukraine

Senior administration official stated that the US has previously warned Beijing about the network, countering Chinese claims that they are unaware of its existence

India, Asean urge peace as tensions continue to rise in South China Sea

China has been accused of harassment, intimidation and patrolling exclusive economic zones of Asean nations, leading to rising tensions in the South China Sea

US bans new type of goods from China over allegations of forced labour

The Department of Homeland Security announced Wednesday that it would ban the import of goods from a Chinese steel manufacturer and a Chinese maker of artificial sweetener, accusing both of being involved in the use of forced labour from China's far-west region of Xinjiang. The action broadens the scope of the US effort to counter products from entering the country that the government says are tied to human rights abuses. The additions to the entity list under the Uyghur Forced Labour Prevention Act marks the first time a China-based steel company or aspartame sweetener business have been targeted by US law enforcement, DHS said. Today's actions reaffirm our commitment to eliminating forced labour from US supply chains and upholding our values of human rights for all, said Robert Silvers, undersecretary of Homeland Security for policy. No sector is off-limits. We will continue to identify entities across industries and hold accountable those who seek to profit from exploitation and

First time in 44 years, China sends a nuclear message to US. Details here

China's latest test of its advanced weapons system is in line with an October Pentagon report's assessment that Beijing is advancing its long-term modernisation plans to enhance strategic deterrence

Tibetan leaders respond to Biden, Modi's remarks on China at Quad Summit

Earlier on Saturday, the Wilmington declaration of the Quad grouping expressed serious concern about the coercive and intimidating manoeuvres in the South China Sea

China blows hot, cold over Quad summit; calls it US tool against Beijing

China on Monday termed Quad as a tool used by the US to contain Beijing, asserting that interference by any external force will not shake its determination to uphold its "sovereignty and maritime rights" in the disputed South and East China Seas. The Quad, identified as the premier regional grouping in the US Indo-Pacific strategy, is a tool used by Washington to contain China to perpetuate its hegemony, Chinese Foreign Ministry spokesman Lin Jian told a media briefing, fielding a spate of questions on the Quad summit. Hosted by President Joe Biden, the Quad Summit took place on Saturday in his hometown Wilmington, Delaware. The summit was attended by Prime Minister Narendra Modi, Prime Minister Anthony Albanese of Australia, and Prime Minister Fumio Kishida of Japan. Lin accused the US of pooling together countries to muster military and security cooperation under the pretext of maritime issues to contain China by peddling the China threat narrative. The US says Qaud doesn't targe

US' plan to curb Chinese EV software tech risk spreading much further

US officials are set to unveil a proposal to ban the use and testing of Chinese and Russian technology and equipment in automated driving and vehicle communications systems

Biden admin to prepare ban on Chinese car software to prevent hacking

Lael Brainard, director of the White House's National Economic Council, is set to speak Monday in Detroit about the Biden administration's efforts to strengthen the US auto industry

US senators bill aims to support Taiwan, counter Chinese influence

The act also proposes that the US transfer 'obsolete or surplus items' to Taiwan, including equipment that could be used as reserve stock

China's failing US lobby playbook puts tech companies in jeopardy

China argues its companies are being unfairly targeted, saying the US is using a broad definition of national security to suppress foreign businesses

US-China military leaders hold routine talks, discuss ongoing issues

Military leaders from the US and China met in Beijing for routine talks that only resumed in January after being suspended for two years as ties between the two countries soured. The meetings ended on Sunday and officials discussed ongoing issues such as Taiwan, the Russia-Ukraine war and clashes in the South China Sea. Michael Chase, deputy assistant secretary of defence for China, Taiwan and Mongolia led a delegation to engage in the bilateral Defence Policy Coordination Talks, which were last held in January. While the talks weren't expected to resolve long-standing differences in stances over issues ranging from South China Sea claims to Taiwan, the US has continued to push for the discussions as a way to avoid conflict. The meetings were held after Chase attended the Xiangshan forum in Beijing, a defence forum that is China's answer to the Shangri-La Dialogue. Communication between the two militaries broke off in 2021, as US-China tensions ratcheted up over widening difference

US House clears bipartisan package of bills to counter China's influence

The US House this week approved a sweeping package of bills to counter China's influence, shoring up a largely bipartisan push to ensure America comes out ahead in the competition between the world's superpowers. The efforts would ban Chinese-made drones, limit China-linked biotech companies from access to the U.S. market, strengthen sanctions and deepen ties with Asian countries. The campaign to target Beijing this week shows how curbing China's power has emerged as a rare issue of political consensus. But some measures did pass along party lines, with Republicans arguing the need to protect national security when it comes to everything from education to farmland, and Democrats raising concerns about discrimination. The advocacy group Asian and Pacific Islander American Vote also warned about overly broad anti-China rhetoric. One contentious measure seeks to revive a Trump-era program to root out Beijing's spying in American universities and institutes. The bills all still need ...

US companies in China see record-low profits amid geopolitical tensions

American companies in China are seeing record-low profits, with business confidence at an all-time low amid US-China tensions and a slowing Chinese economy, according to a report published Thursday by a US business group. Out of 306 companies polled, a record-low 66 per cent were profitable in 2023, according to the China business report published by the American Chamber of Commerce in Shanghai. The report also found that only 47 per cent of respondents were optimistic about their business outlook in China over the next five years, the lowest in the survey's history of more than two decades. Beijing and Washington have been at odds in recent years over issues like trade and manufacturing, as well as China's claims over the South China Sea. China is also grappling with a slowing domestic economy, with lackluster consumer demand and deflationary pressures persisting even post-Covid. The geopolitical tensions between both countries was the top challenge to businesses' operations in .

World looking at more sharpened contestation between US, China: Jaishankar

India would be willing to work with like-minded partners on specific agenda and its role in the Quad is an example of such an approach, External Affairs Minister S Jaishankar said on Saturday, while calling for reformed multilateralism. In a virtual address at the FPCI Global Town hall, Jaishankar, delving into major geopolitical developments, said the world is looking at a more "sharpened contestation" between the US and China on a range of areas. He underlined that even as the world looks "complicated", India's desire and determination to ensure its stability and contribute to its prosperity is only getting stronger. The Quad, comprising India, the US, Australia and Japan, has emerged as a key coalition focusing on working towards ensuring a free, open and rules-based Indo-Pacific against the backdrop of China's growing muscle-flexing in the region. In the context of key directions and developments in international relations over the last few decades, the external affairs ministe

China urges US to 'immediately' lift all tariffs on Chinese-made goods

US is expected to make its final determination in the coming days after delaying a decision twice

IBM to revoke ops from China amid tussle between Washington-Beijing: Report

The current shift in IBM's business structure is reportedly due to the rising tensions between China and the US along with an ongoing decline in the Chinese economy