BBC
US President Donald Trump has issued an order banning American investments in Chinese firms the government determines have ties to the Chinese military.
In the order, Mr Trump accused China of “increasingly exploiting” US investors “to finance the development and modernisation of its military”.
The ban is to go into effect in January.
Analysis by Jill Disis, CNN Business
Updated 1043 GMT (1843 HKT) November 9, 2020
Hong Kong (CNN Business) President Donald Trump spent much of his term setting up Beijing as Washington’s greatest political and economic adversary. Don’t expect drastic changes when Joe Biden takes the helm, even if he eschews the bluster and unpredictability of his predecessor.
Economists and trade experts believe that the United States and China will move further apart on trade and technology as Washington continues to scrutinize virtually every aspect of its relationship with the world’s second-largest economy.
”We have a fundamental, systematic rivalry between these two systems,” said Alex Capri, research fellow at the Hinrich Foundation and senior fellow and lecturer at the National University of Singapore. “In many ways, that rivalry is going to intensify.”
The latest episode of POLITICO’s Global Translations podcast explores the new industrial policy emerging in America to counter China’s ascent.
11/04/2020 04:30 AM EST
A historic shift in U.S. economic policy is taking shape regardless of who sits in the White House or controls Congress: an increasingly muscular role for state power to build up industries U.S. leaders deem critical to America’s national security and place in the world.
China says decision was ‘necessary’ after the US declared several more Chinese media outlets to be ‘foreign missions’
Mon 26 Oct 2020 16.42 GMT
China has tightened the rules on a number of US media outlets, in a move it said was “necessary and reciprocal” after Chinese journalists in America were hit with restrictions last week.
The world’s two largest economies, sparring over issues from trade and technology to human rights, have restricted visas for each other’s reporters, while China has expelled journalists.
Alan Crawford, DebWu, Colum Murphy and Ian KingFri, October 23, 2020, 12:42 AM GMT+7·11 mins read. Yahoo!Finance
(Bloomberg) — On a scorching hot day in late August, representatives of Taiwan’s government and industry crowded into the clinical cool of a state-of-the-art semiconductor facility for a symbolic moment in the global tech conflict.
They were attending the opening ceremony for a training center built by Dutch company ASML Holding at a cost of about $16 million, small change for an industry used to spending $10 billion or more on a single advanced manufacturing plant.
By Ben Westcott, CNN
Updated 0757 GMT (1557 HKT) October 29, 2020
(CNN)The Unites States has charged eight people, including six Chinese citizens, over a three-year plot to intimidate a US resident into returning to China to face criminal charges.
The case is believed to be part of the ruling Communist Party’s Operation Fox Hunt, an international anti-corruption campaign targeting Chinese fugitives — often former officials or rich individuals suspected of economic crimes.
The US Department of Justice said Wednesday the charges included “conspiring to act in the US as illegal agents of the People’s Republic of China.” Five people have been arrested, while three are believed to be at large in China.
Chinese Foreign Ministry spokesman Zhao Lijian (Photo: Reuters)
3 min read. Updated: 20 Oct 2020, 09:20 PM IST Elizabeth Roche, livemint.com
NEW DELHI: China on Tuesday warned India against launching any talks with Taiwan on trade saying such a move would be violative of the one China policy New Delhi has so far supported.
Analysis by Brad Lendon, CNN
Updated 0300 GMT (1100 HKT) October 30, 2020
Hong Kong (CNN) China was one of two countries, along with Russia, named in a 2018 Pentagon report as posing the most significant military challenge to the United States. Two years on and that challenge has only grown.
Beijing’s program of rapid modernization has seen its military transformed into a true global power, capable of comfortably projecting its forces throughout the Indo-Pacific region and beyond.
This year alone has seen China engage in deadly border clashes with Indian troops; China’s People’s Liberation Army aircraft have repeatedly buzzed Taiwanese and Japanese air defenses; and Chinese ships have been involved in multiple incidents in the disputed waters of the South China Sea.
31/10/2020 10:15 GMT+7
The unexpected visit by US Secretary of State Michael Richard Pompeo to Vietnam reflects the development of Vietnam – US relations. Pompeo’s visit to Vietnam took place after his visits to four Asian countries.
According to the Vietnamese Ministry of Foreign Affairs, at the invitation of Deputy Prime Minister and Foreign Minister Pham Binh Minh, US Secretary of State Michael Richard Pompeo officially visited Vietnam on October 29-30 to celebrate the 25th anniversary of Vietnam-US diplomatic relations.
A US diplomat said that Pompeo’s visit to Vietnam was not on schedule.
The surprising schedule of Mr. Pompeo showed the development of the Vietnam – US relations. Pompeo’s visit to Vietnam took place after his visits to four Asian countries, including India, Sri Lanka, Maldives and Indonesia.
With tariffs on Chinese products high, US importers are turning to other countries. A DW analysis shows where Americans are now buying their cell phones, computers, furniture and clothing from instead.
Dung Trans’ business is booming: “Last year, we added a second floor to our factory. And now I’m looking at a new site four times larger than the current one.” For his company, the ongoing trade dispute between China and the United States has been a boon. And he is not alone.
The United States and China have been locked in a trade dispute for more than two years. Between July 2018 and September 2019, the US raised tariffs on almost all imports from China by up to 25%.
By James Griffiths, CNN
Updated 0946 GMT (1746 HKT) October 27, 2020
US Secretary of State Mike Pompeo (right) is greeted by US Ambassador to India Kenneth Juster upon his arrival at an airport in New Delhi on October 26, 2020.
Hong Kong (CNN) The United States and India have reaffirmed their defensive and security relationship, as Washington continues to rally allies in Asia amid concerns over increased Chinese military activity in the region.
During a press conference Tuesday in the Indian capital, US Secretary of Defense Mark Esper and his Indian counterpart Rajnath Singh announced the signing of the Basic Exchange and Cooperation Agreement (BECA), enabling greater information-sharing and further defense cooperation between the two countries.”
Analysis by Brad Lendon, CNN
Updated 2333 GMT (0733 HKT) October 27, 2020
Hong Kong (CNN)Tens of thousands of US and Japanese troops will begin a massive island-landing exercise in the Pacific this week as part of joint military operations seen as a warning to China that Washington backs Tokyo over Beijing’s claim to Japanese-controlled islands.
Speaking aboard a Japanese warship Monday, Lt. Gen. Kevin Schneider, commander of US Forces Japan, said the exercises would demonstrate the ability of the US-Japan alliance “to deliver combat troops to defend the Senkakus or respond to other crises or contingencies.”
Both Tokyo and Beijing claim the Senkaku Islands, known as the Diaoyus in China, as their own, but Japan has administered them since 1972.
US-China frictions and the threat of American financial sanctions have renewed debate in Beijing about reducing dependence on the US dollar. China cut its holdings of US government debt to US$1.07 trillion in late August, the lowest level since March 2017, the US Department of Treasury says
Frank Tang in Beijing
Published: 12:00am, 21 Oct, 2020 SCMP
Đọt Chuối Non 