Washington/ Beijing: US Biden administration has blacklisted 37 Chinese companies. It includes companies in genetic technology, cloud computing and arms manufacturing. There was a strong reaction from China to this US action. China’s foreign ministry accused the US administration of wrongly targeting Chinese companies. Moreover, the United States and Western countries had warned of serious […]
Bali: US President Joe Biden met China’s President Xi Jinping in Indonesia on Monday while the Pentagon and CIA reports are claiming that China is a dangerous rival of the United States. In the meeting held in the ‘G20 Summit’ background, the media informed that the high-level delegation, including the two presidents, discussed for more […]
Beijing/Washington: The Chinese dream of becoming the world leader in the semiconductor sector has been shattered. After nearly ten years of effort and an investment of roughly USD 100 billion, China has not achieved the expected success. Due to this, there is intense resentment in the ruling communist regime and President Xi Jinping, and action […]
Washington: The United States has launched a solid effort to thwart China’s move for dominance in the semiconductor sector. Hence, the US Senate has approved the ‘CHIPS Act’, enabling it to invest in the semiconductor sector extensively. After this approval, the bill will be sent to the House of Representatives, as informed by the sources […]
Washington: US Deputy Secretary of State Wendy Sherman has appealed to Europe to support the United States in its fight against China. She has said that European security, economy and values are under significant threat from China. In less than three days after that, the Biden administration indicated a reduction in taxes on Chinese products. […]
Taipei: There are reports that the Chinese military is preparing to attack Taiwan. But even before that, there seemed to be a conflict flaring up in the field of semiconductors between China and Taiwan. Authorities in Taiwan have raided 10 Chinese companies and have started thorough interrogation of more than 70 people. Taiwan has accused […]
Canberra/Washington – Considering the increasing threat in the Indo-pacific region, Australia has initiated steps to enhance its defence preparedness. As part of this strategy, a defence agreement worth $2.5 billion was signed by Australia with the United States to purchase tanks and armoured vehicles. Australian Defence Minister shared the information about the deal. Over the […]
Washington: – Even though the ‘Energy Crisis’ unfolding at the international level, the United States has emerged as the largest exporter of Liquified Natural Gas (LNG). The United States has surpassed Australia and Qatar, the leaders in LNG exports. In 2018, the United States also became the highest producer of crude oil. The United […]
Beijing: – Over the last decade, China has taken the lead in various sectors ranging from 5G technology to Artificial intelligence. To strengthen its position, China has focused on the semiconductor sector and it has been revealed that the Chinese companies have even started manufacturing semiconductors. The international community has taken serious cognisance of the […]
Beijing/Washington – A virtual meeting between US President Joe Biden and Chinese President Xi Jinping is scheduled for next Tuesday. Before that, China’s Eastern Theater Command conducted a military exercise near Taiwan. China has said the exercise is aimed at safeguarding its sovereignty. At the same time, China threatened that the United States should stop […]
