Tag - economic-security

 
 

ECONOMIC SECURITY

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.
South Korean President Yoon Suk-yeol, U.S. President Joe Biden and Prime Minister Fumio Kishida hold a joint news conference during a trilateral summit at Camp David, Maryland, on Aug. 18. The summit dealt with security and economic security coordination.
COMMENTARY / Japan / Geoeconomic Briefing
Mar 5, 2024
The U.S.-Japan gap: a challenge in economic security cooperation
While such ties appear to be progressing, the two countries’ interests in the field are not necessarily fully aligned.
The assembly line at a production facility for Nio, a maker of electric cars, in Hefei, China, on Dec. 4. U.S. President Joe Biden has ordered an investigation into auto software that could track U.S. drivers, part of a broader effort to stop electric vehicle imports from China.
BUSINESS / Tech / ANALYSIS
Mar 2, 2024
The politics and economics behind Biden's China car espionage probe
The U.S. leader's saber-rattling as another opportunity to demonstrate he is tough on China, experts say.
The Cabinet has agreed to new national security legislation on sensitive government- and private-sector information that lawmakers should pass.
EDITORIALS
Mar 1, 2024
Protecting information is the key to national security
In recent years, however, that landscape has shifted and new fields are now considered essential to a country’s security and prosperity.
There is a global trend toward economic bifurcation with the U.S. and China leading the charge — and multinational solutions are needed to address the new challenges.
COMMENTARY
Feb 28, 2024
The inexorable movement toward a divided global economy
Efforts to protect national economies from threats require multinational solutions. Chains are only as strong as their weakest link.
Prime Minister Fumio Kishida's Cabinet approved an economic security bill on Tuesday.
JAPAN / Politics
Feb 27, 2024
Japan Cabinet OKs bill on new economic 'security clearance' system
Government officials and private sector employees will be given access to classified information under the system once they pass a screening process.
U.S. President Joe Biden and Prime Minister Fumio Kishida attend an Indo-Pacific Economic Framework launch event in Tokyo in May 2022.
BUSINESS
Feb 24, 2024
U.S.-led Indo-Pacific deal on supply chain resilience takes effect
The deal allows members to help each other secure critical items in times when supply chains are disrupted.
Taiwan Semiconductor Manufacturing Corp.'s first Japan factory, in Kikuyo, Kumamoto Prefecture, will be operated by JASM, a subsidiary of TSMC.
BUSINESS / Tech
Feb 24, 2024
Chip giant TSMC shifts away from hot spot Taiwan with Japan plant
The chipmaker's new plant in Kumamoto will boost the resilience of global supplies of the crucial hardware, founder Morris Chang told an opening ceremony.
Nippon Steel's Kashima plant seen from a park in Kamisu, Ibaraki Prefecture. Scrutiny over Nippon Steel’s China holdings threatens to add another complication to its politically contentious deal to acquire United States Steel.
BUSINESS / Companies
Feb 23, 2024
Nippon Steel’s China assets could derail United States Steel deal
Regulators may look unfavorably on whether the acquisition of U.S. Steel could allow more access to U.S. markets for Chinese-sourced steel.
TikTok parent company ByteDance's offices in Singapore. Chinese companies are increasingly using the city-state as a springboard into the U.S. market.
COMMENTARY / World
Feb 22, 2024
'Singapore-washing' and China’s sneaky trade practices
Chinese firms are using Singapore as a springboard into the U.S., circumventing restrictions. The island nation shouldn't enable these deceptive tactics.

Longform

The Japanese government updated its English education guidelines in 2017 to emphasize communication over grammar and memorization. Public school teachers are incredibly busy, however, which means schools haven’t been able to implement changes uniformly. Private and alternative schools are attempting to remedy this.
The language of opportunity: Bilingual education is on the rise in Japan