Page 46 - Us China

US considers sanctions on China to deter it from invading Taiwan: Report

The idea is to restrict some trade and investment with China in sensitive technologies like computer chips and telecoms

US to announce $1 bn arms sale to Taiwan as tensions with China escalate

The Biden administration is set to announce a more than USD1 billion arms sale to Taiwan as US-China tensions escalate over the status of the island, according to American officials and a congressional aide briefed on the matter. The USD1.09 billion sale includes USD355 million for Harpoon air-to-sea missiles and USD85 million for Sidewinder air-to-air missiles, the officials and the aide said on Friday. They said the largest portion of the sale, however, is a USD655 million logistics support package for Taiwan's surveillance radar program, which provides air defence warnings. Early warning air defence systems have become more important as China has stepped up military drills near Taiwan, which it regards as a renegade province. The administration is to notify Congress of the sale after close of business on Friday, they said. The administration is expected to say that the deals comply with the US one-China policy and are in line with US commitments to Taiwan's defence. The acrimon

China demands US to repeal tech export curbs after Nvidia warning

The Chinese government on Thursday called on Washington to repeal its technology export curbs after chip designer Nvidia Corp. said a new product might be delayed and some work might be moved out of China. The latest controls add to mounting US-Chinese tension over technology and security. American officials say they need to limit the spread of technology that can be used to make weapons. Nvidia said it was told Friday it needs a US government license to export any product with performance equal to its A100 graphics processing chips or better to China, Hong Kong or Russia. It said buyers of the A100 and development of the newer H100 might be affected. China's Commerce Ministry accused Washington of abusing export controls to limit semiconductor sales to China. It said trade curbs would disrupt supply chains and global economic recovery. China firmly opposes this, said a ministry spokesperson, Shu Jueting. The US side should immediately stop its erroneous practices, treat companies

21 warplanes, five naval ships from China tracked around Taiwan Strait

Taiwan has tracked 21 warplanes and five naval ships from China around the country with eight jets that crossed the Taiwan Strait median line

US lawmakers reach Taiwan amid tensions with China, says report

China's embassy in Washington said on Sunday that "members of the U.S. Congress should act in consistence with the U.S.

China-US tensions: How global trade began splitting into two blocs

Pelosi's visit to Taiwan has elicited a strong response from China: 3 days of simulated attack on Taiwan, plus withdrawal from critical conversations with US on climate change

Eye on China, US President Joe Biden signs $280-billion CHIPS Act

Bill includes $52 bn in domestic semiconductor research and development

One year after war in Afghanistan, US spy agencies pivot toward China

CIA's No 2 official made clear that fighting al-Qaida and other extremist groups would remain a priority but that the agency's money and resources would be increasingly shifted to focusing on China

Fragmentation of global trade leads to sub-optimal outcomes

The tensions near Taiwan go up at a time when the relations between Russia and the US and its allies are at rock bottom

Post Taiwan attack, US accuses China of 'provocative, irresponsible' action

The US has accused Beijing of "provocative" and "irresponsible" actions after Taiwan said China rehearsed an attack on the island

Prez Marcos meets Antony Blinken in Philippines amid US-China crisis

President Ferdinand Marcos Jr welcomed US Secretary of State Antony Blinken on Saturday, the highest ranking American official to visit the Philippines since he took office

US condemns China's 'irresponsible', 'provocative' military drill in Taiwan

United States has condemned China's "provocative" military drills around Taiwan and described it as an "irresponsible" action

China cannot isolate Taiwan, stop US officials from visiting: Pelosi

US House Speaker Nancy Pelosi said Friday that China will not isolate Taiwan by preventing US officials from travelling there

At odds with goal: US condemns China's military action in Taiwan

United States has condemned the Chinese military drills in Taiwan Strait and described it as an action that is at odds with the longstanding goal of maintaining peace and stability in the region

Balancing acts

Occurrences in Afghanistan and Taiwan demand vigilance

Rupee drops 17 paise to close at 79.3 against dollar amid US-China tensions

The rupee depreciated 17 paise to close at 79.32 (provisional) against the US dollar on Thursday, weighed down by disappointing macroeconomic data and US-China tensions. At the interbank foreign exchange market, the local currency opened at 79.21 and finally ended at 79.32, down 17 paise over its previous close. On Wednesday, the rupee had slumped by 62 paise to close at 79.15, marking its worst single-day fall in the current fiscal year. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.27 per cent to 106.22. Brent crude futures, the global oil benchmark, advanced 0.69 per cent to USD 97.45 per barrel. According to Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services, volatility for the rupee will remain high following increasing tensions between China and Taiwan. Moreover, traders may also remain cautious ahead of the RBI's monetary policy decision on Friday. "We expect the USD-INR (spot) to trade sideways

Taiwan cancels flights as China holds military drills upon Pelosi visit

Taiwan cancelled airline flights Thursday as the Chinese navy fired artillery near the island in retaliation for a top American lawmaker's visit

Taiwan tensions could spark 'open conflicts', ASEAN Ministers warn

The Southeast Asian Foreign Ministers expressed concern over Taiwan as China began the massive military drills around Taiwan and warned that the situation could spark "open conflicts".

Asian stocks shuffle higher as Pelosi presses on amid tension with China

Hong Kong tech shares led the attempted rebound with a gain of 2.8%, reeling in some of the losses suffered as Sino-US frictions flared over a visit to Taipei this week by Nancy Pelosi

China announces military drills following Pelosi's Taiwan visit: Report

Starting from Thursday, China has said that it will carry out five days of "necessary and just" military drills in the seas around Taiwan following US House Speaker Nancy Pelosi's trip to the island