"That said, I feel very good about US prospects overall. Let's call that a risk," she said, referring to China
Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on US technology exports and might respond to unintended consequences as she ended a visit to Beijing aimed at reviving strained relations. Yellen defended targeted measures" on trade that China's leaders complain are aimed at hurting its fledgling tech industries. She said the Biden administration wants to avoid unnecessary repercussions" but gave no indication of possible changes. Relations between the two biggest economies are at their lowest level in decades due to disputes about technology, security and other irritants. A key Chinese complaint is limits on access to processor chips and other US technology on security grounds that threaten to hamper the ruling Communist Party's development of smartphones, artificial intelligence and other industries. We will open up channels so that they can express concerns about our actions, and we can explain a
China has become increasingly alert to supply chain security risks amid a US push to cut it off from advanced chip technology. Adding to it, its population has shrunk signaling a demographic crisis
China warned against continued U.S.-Taiwan cooperation Wednesday, responding to reports that the U.S. military was sending officers to help train Taiwan's counterparts and that a delegation of defense contractors would visiting the self-ruled island next week. We resolutely oppose the U.S. having any form of official or military contact with China's Taiwan region, Zhu Fenglian, spokeswoman for China's Taiwan Affairs Office, said at a weekly press briefing in Beijing. Taiwan and China split in 1949 after a civil war. Taiwan never has been part of the People's Republic of China, but the Communist Party says it is obliged to unite with the mainland, by force if necessary. President Xi Jinping's government has flown fighter jets and bombers near Taiwan in increasing numbers and fired missiles into the sea in an attempt to intimidate the island. Taiwanese media reported this month that the U.S. had sent 200 military personnel, mostly Marines, to help train Taiwan troops. Taiwan's Defens
People aware of the developments have said that the programme is likely to cover private equity and venture capital investments in advanced semiconductors, quantum computing, among others
U.S. government bans on Chinese-owned video sharing app TikTok reveal Washington's own insecurities and are an abuse of state power, a Chinese Foreign Ministry spokesperson said Tuesday. The U.S. government has been overstretching the concept of national security and abusing state power to suppress other countries' companies," Mao Ning said at a daily briefing. How unsure of itself can the U.S., the world's top superpower, be to fear a favourite young person's favourite app to such a degree? TikTok is used by two-thirds of American teens, but there's concern in Washington that China could use its legal and regulatory powers to obtain private user data or to try to push misinformation or narratives favoring China. Congress and more than half of U.S. states have so-far banned TikTok from government-issued mobile devices. Some have also moved to apply the ban to any app or website owned by ByteDance Ltd., the private Chinese company owning TikTok that moved its headquarters to Singap
The US rolled out sweeping measures in October to limit the sale of advanced semiconductors and chipmaking equipment to China
The warnings of longer-term trouble come as investors are growing somewhat more hopeful of the Federal Reserve's ability to rein in sky-high inflation without causing a recession
China and the US had been at odds over the issue for years, with Beijing citing national security concerns in opposition
As time goes on, most elected leaders run out of ideas. It seems to hold as true for the world as for India
On the sidelines of the G20 Summit, Joe Biden met Xi Jinping and later said that there was no need for a new 'Cold War'
The idea is to restrict some trade and investment with China in sensitive technologies like computer chips and telecoms
Sea-borne shipments of festival goods and accessories to America touched $20 million last month, almost triple the value from the year-ago period
The Transportation Department said the Civil Aviation Authority of China suspended 26 flights of US carriers after a rising number of passengers arriving from the US were testing positive for COVID-19
US Treasury Secy Janet Yellen said Washington and Seoul should deepen their trade ties to avoid working with countries that use their market positions to unfair advantage calling out China by name.
China's lead negotiator in the US trade talks said Beijing was willing to resolve its trade dispute with the US through "calm negotiations" and resolutely opposed the escalation of the conflict
China's government accused Washington of jeopardising peace after US envoys began trade talks with Taiwan aimed at deepening relations with the self-ruled island democracy claimed by Beijing.
The Biden administration took the first step toward a review of tariffs on more than $300 billion in Chinese imports.
The U.S. Census Bureau said on Tuesday that the United States' 2021 goods trade deficit with China rose by $45 billion, or14.5%, to $355.3 billion
US Trade Representative Katherine Tai is 'working on that right now,' said Biden on Wednesday marking his first year in office