Tag - economic-security

 
 

ECONOMIC SECURITY

German Chancellor Olaf Scholz (left) with Chinese leader Xi Jinping in Beijing in November 2022. Scholz is travelling to China again this week with the goal of shoring up economic ties with Germany's biggest trading partner.
COMMENTARY / World
Apr 15, 2024
An EV trade war with China would be an own goal for carmakers
As German Chancellor Scholz visits China this week, he should push for stronger ties between Chinese and European automakers, especially in the EV market.
German Chancellor Olaf Scholz reviews soldiers of the German armed forces in Berlin on Thursday.
WORLD / FOCUS
Apr 12, 2024
Between the U.S. and a hard place, Germany's Scholz reheats China ties
With Germany's economy slumping, the nation hopes to gain fairer access to China's markets despite promises to "de-risk" from them.
The U.S. Department of Commerce building in January 2022
WORLD / Politics
Apr 11, 2024
Firms aiding Chinese military to get AI chips now face blacklist
The companies are "involved with providing AI chips to China's military modernization programs"
The TSMC plant in Phoenix, Arizona. The chipmaker's projects in Arizona have become increasingly entwined with U.S. President Joe Biden’s campaign message on revitalizing the economy.
BUSINESS / Tech
Apr 9, 2024
TSMC gets $11.6 billion in U.S. grants and loans for chip plants
TSMC’s projects in Arizona have become increasingly entwined with Biden’s campaign message on revitalizing the economy.
U.S. Treasury Secretary Janet Yellen arrives to attend a meeting with university students at Beijing University National School on <i>Sunday</i>.
WORLD / Politics
Apr 8, 2024
Yellen advances U.S.-China ties despite tough criticism on exports
Yellen’s tough message hasn’t hurt progress made between the two sides.
Assembly engineers work on a lithography system at ASML in Veldhoven, Netherlands in June.
BUSINESS / Tech
Apr 5, 2024
Targeting Chinese chips, U.S. to push Dutch on ASML service contracts
The U.S.' export policy chief is set to meet in the Netherlands next Monday with officials from the Dutch government and ASML.
Prime Minister Fumio Kishida and U.S. President Joe Biden meet at the White House on Jan. 13, 2023. Kishida will hold talks with Biden in Washington on Wednesday.
JAPAN
Apr 4, 2024
Japan, U.S. and Philippines eye cooperation on mineral supply chains
Japanese and U.S. officials think that security cooperation with the Philippines is important for responding to potential conflicts in the Taiwan Strait.
Chinese leader Xi Jinping and U.S. President Joe Biden on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15
ASIA PACIFIC / Politics
Apr 3, 2024
Biden-Xi call highlights stabilizing ties, but also hints at lingering divide
The nearly two-hour telephone call saw the leaders of the world's two largest economies discuss a range of other issues, from TikTok to Taiwan.
Akira Amari, a senior Liberal Democratic Party lawmaker, says Nippon Steel’s acquisition of United States Steel would help counter China’s dominance in steel-making.
BUSINESS / Economy
Apr 2, 2024
Japanese lawmaker says U.S. steel deal would help counter China risks
The $14.1 billion deal would be a win-win for both companies and both economies, said former minister Akira Amari.
Tadashi Imai, who became Nippon Steel's new president on Monday
BUSINESS / Companies
Apr 1, 2024
Nippon Steel emphasizes its roots in the U.S. as it pursues deal
The Japanese firm has agreed to buy U.S. Steel for roughly $15 billion but the deal faces an uphill battle to approval in a U.S. election year.
Chinese President Xi Jinping meets Prime Minister of the Netherlands Mark Rutte at the Great Hall of the People in Beijing on Wednesday.
WORLD / Politics
Mar 28, 2024
Xi slams technological barriers during Dutch premier’s visit
The U.S. is urging the Netherlands to stop ASML from servicing and repairing sensitive chipmaking equipment purchased by Chinese clients.
The Biden administration has regularly sent warnings about Nippon Steel's proposed purchase of U.S. Steel and has steadfastly sided with the United Steelworkers over the sale of a once-iconic firm based in Pennsylvania, a crucial swing state.
BUSINESS / Companies
Mar 14, 2024
Biden to express concern over Nippon Steel's deal for U.S. Steel, source says
U.S. officials and lawyers have drafted a statement of concern and the White House has privately informed Tokyo of Biden's move, according to reports.
Supporters of TikTok gather outside the U.S. Capitol in Washington on Wednesday.
WORLD / Politics
Mar 14, 2024
U.S. House passes bill to force ByteDance to divest TikTok or face ban
The fate of TikTok, used by about 170 million Americans, has become a major issue in Washington.
Chinese Foreign Minister Wang Yi attends a press conference on the sidelines of the National People's Congress in Beijing on Thursday.
COMMENTARY / World
Mar 8, 2024
China needs a foreign policy reset but Xi’s got bigger problems
At China’s National People’s Congress in Beijing, no change of the guard was announced. Wang Yi will continue as foreign minister, a sign of stability.
Shanghai Zhenhua Heavy Industries is one of the largest port machinery manufacturers in the world, owning a fleet of more than 20 transportation vessels, according to its website.
WORLD
Mar 10, 2024
Shanghai Zhenhua denies posing cybersecurity risk to US ports
ABB has said it sold its control and electrification equipment to many crane manufacturers, including Chinese companies.
Many countries including the U.S. and China are prioritizing domestic production and shortening supply chains to enhance economic self-reliance — but they are doing so at the  risk of fueling systemic instability and intensifying great-power tensions.
COMMENTARY / Japan
Mar 10, 2024
Economic self-reliance is a dangerous delusion
Countries around the world have given high priority to shortening supply chains, rebuilding domestic production capacity and diversifying suppliers.
The U.S. Commerce Department’s Bureau of Industry and Security is considering adding Chinese chipmaker ChangXin to its so-called Entity List, which restricts companies’ access to U.S. technology.
BUSINESS / Tech
Mar 9, 2024
U.S. mulls blacklisting CXMT to further curb China’s chip advance
The U.S. Commerce Department’s Bureau of Industry and Security is considering adding the chipmaker to its so-called Entity List.
A chip taken from a smartphone. The U.S. is urging the Netherlands to stop ASML from servicing and repairing sensitive chipmaking equipment that Chinese clients purchased before limits on sales of those devices were put into place this year.
WORLD / Politics
Mar 7, 2024
U.S. urges allies to squeeze China further on chip technology
Washington's latest push is partly aimed at plugging holes in export controls it has levied over the past two years.
The U.S and Japan are working together to secure a stable semiconductor supply chain and maintain their leading position in this critical technology amid concerns over China.
COMMENTARY / Japan
Mar 5, 2024
Semiconductors are back to center stage in the Japan-U.S. alliance
It is impossible to overestimate the importance of semiconductors to the 21st century. They’re everywhere and in every digital item.
The logo of semiconductor company Advanced Micro Devices is seen on a graphics processing unit chip in this illustration
BUSINESS / Tech
Mar 5, 2024
AMD hits U.S. roadblock in selling AI chip tailored for China
AMD had hoped to gain a green light from the Commerce Department to sell the AI processor to Chinese customers.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
In competition with digital platforms, Japan's bookstores rethink their strategy