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May 03, 2024
 

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ECONOMIC SECURITY

A Komatsu dump truck at the Oyu Tolgoi copper-gold mine in Khanbogd, the South Gobi desert, Mongolia
BUSINESS / Tech
Nov 14, 2023
China tightens grip on copper, key to world’s energy transition
China’s copper smelting capacity will increase by another 45% by 2027
Germany, which likely plays a key role in determining Europe’s China strategy, unveiled its 64-page strategy on China on July 13.
COMMENTARY / World / Geoeconomic Briefing
Nov 14, 2023
Germany’s China strategy is epoch-making but ambiguous
While attempting to protect its interests, Berlin has had to deal with business circles attempting to avoid damaging ties with Beijing.
The construction site of a new Taiwan Semiconductor Manufacturing Co. factory in Kikuyo, Kumamoto Prefecture
BUSINESS / Economy
Nov 9, 2023
Japan set to earmark ¥2 trillion for chips in extra budget
Japan is in the midst of a spending spree to revive its chip industry with an aim to triple the sales of domestically produced semiconductors by 2030.
China's dominance in the electric vehicle market has prompted the European Union to take action regarding economic security.
COMMENTARY / World / Geoeconomic Briefing
Nov 7, 2023
How electric vehicles became subject to EU economic security
The bloc has felt the pressure from China in the EV market, leading it to take steps to better protect vehicles, batteries and materials.
Fujio Mitarai, chief executive officer of Canon, during an interview in Tokyo on Oct. 30
BUSINESS / Companies
Nov 6, 2023
Canon’s chipmaking technology promises advanced chips for less
The Tokyo-based firm’s new nano-imprint technology could open doors for smaller semiconductor manufacturers.
An assembly engineer works on a lithography system at chipmaker ASML in Veldhoven, Netherlands, on June 16.
COMMENTARY / Japan / Geoeconomic Briefing
Nov 2, 2023
How can the EU strengthen its strategic autonomy regarding chips?
The bloc has felt a sense of crisis over the fact that its growth strategy has been largely dependent on third countries.
Servers inside Huawei's factory campus in Dongguan, Guangdong province, China, in March 2019
BUSINESS / Tech
Oct 26, 2023
China swaps Western tech for domestic options as U.S. cracks down
The telecom and financial sectors are considered the next focus for the drive, with digital payments seen as particularly vulnerable to Western hacking.
Despite shifts in the global economy and trade, the world remains highly integrated and globalization is far from over.
COMMENTARY
Oct 25, 2023
Globalization’s demise has been greatly exaggerated
Trade flows, allocation of dollars, and supply chains are evolving, but these changes are not uniform and can be challenging to predict.
An assembly engineer works on a TWINSCAN DUV lithography system at ASML in Veldhoven, Netherlands, in June.
BUSINESS / Tech
Oct 21, 2023
The multimillion-dollar machines at the center of the U.S.-China rivalry
Complex lithography machines that print intricate circuitry on computer chips are at the heart of Washington's tough new measures on Beijing.
The Taiwan Semiconductor Manufacturing Co. logo atop a building at the Hsinchu Science Park in Hsinchu, Taiwan
BUSINESS / Companies
Oct 20, 2023
‘Sell TSMC, buy ASML’ gains traction as China-Taiwan risks grow
Because TSMC’s operations are mostly in Taiwan, it faces heightened geopolitical hazards. ASML, meanwhile, stands to benefit from the fragmentation.
China's ambitions to control the legacy chip market have implications for the world economy and Western nations are beginning to take countersteps.
COMMENTARY / World
Oct 18, 2023
China's economic ambitions squeeze the developing world
While Chinese diplomats try to promote “win-win” solutions, Chinese policy is preventing developing-world partners from selling goods to China.
Washington is taking steps to prevent U.S. chipmakers from circumventing government rules in order to sell to China.
BUSINESS / Tech
Oct 16, 2023
U.S. to tighten rules aimed at keeping advanced chips out of China
The Biden administration is aiming to close loopholes that might help its geopolitical rival gain cutting-edge technologies.
The U.S. is struggling to cut China off from top AI technology.
BUSINESS / Tech
Oct 13, 2023
Biden eyes adding AI chip curbs to Chinese companies abroad
Efforts to close the loophole allowing access to chips the show how the Biden administration is struggling to cut China off from top AI technology.
Then-U.S. President Donald Trump, accompanied by Treasury Secretary Steven Mnuchin, announces a slew of retaliatory measures against China, including sanctions, at a news conference at the White House in May 2020.
COMMENTARY / World
Oct 6, 2023
Protectionism started the geopolitical fire
The protectionism in the post-pandemic economic shutdowns will also impact international relations.
A specialist removes a Kirin 9000s chip fabricated in China by Semiconductor Manufacturing International Corp. from a Huawei Mate X5 foldable smartphone in Ottawa on Sept. 19.
BUSINESS / Companies
Oct 5, 2023
Taiwan to probe suppliers helping Huawei with China chip plants
A news report this week identified four firms working on chip plants backed by Huawei in China.
Chinese battery manufacturer Contemporary Amperex Technology displays its EVOGO battery swap solution at the Auto Shanghai show in April. There are concerns that the company is trying to team up with a U.S. firm to avoid U.S. sanctions.
COMMENTARY / World
Oct 4, 2023
Deceptive Chinese strategies that challenge U.S. economic statecraft
The practice by Chinese businesses of using third countries to circumvent tariffs is raising concerns.
European Commission President Ursula von der Leyen at the European Parliament in Strasbourg, France, on Feb. 15.
WORLD / Politics
Oct 3, 2023
EU seeks to protect sensitive tech from Chinese buyers
Brussels has stepped up its efforts to curtail critical trade with China.
The Biden administration has issued final rules that would prohibit chip companies vying for a new infusion of federal cash from carrying out certain business expansions, partnerships and research in China, in what it described as an effort to protect United States national security.
BUSINESS / Tech
Sep 23, 2023
U.S. finalizes rules to keep chip funds out of China
The rules, which aim to prevent chip makers from using new U.S. subsidies to benefit China, take into account the industry’s perspective.
European Union trade chief Valdis Dombrovskis speaks at the Bund Summit in Shanghai on Saturday.
BUSINESS / Economy
Sep 23, 2023
EU trade chief rules out China decoupling, but vows to protect bloc
The bloc posted record bilateral trade with China last year, but it is "very unbalanced," EU trade chief Valdis Dombrovskis said.
Jensen Huang, CEO of NVIDIA, arriving at the bipartisan A.I. Insight Forum organized by Senate Majority Leader Chuck Schumer, along with labor union leaders and civil society groups, at the Capitol in Washington on Sept. 13.
BUSINESS / Companies
Sep 21, 2023
Nvidia CEO tours India eyeing AI market to hedge China risks
For Nvidia, whose processors are key to development of artificial intelligence systems, the South Asian nation of 1.4 billion presents a rare opportunity.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Saudi Arabia steps up Gaza-related arrests as Israel ties edge closer
The arrests for Gaza-related posts indicate Crown Prince Mohammed bin Salman’s regime will take a hard line against citizens not toeing the line when it comes to normalizing ties with Israel.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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