The Biden administration on Friday imposed sweeping new curbs designed to curtail China’s access to technology critical to the manufacturing and operations of its military power.
Monthly Archives For October 2022
US issues sweeping restrictions on chip sales to China
The Biden administration announced sweeping new restrictions on the sale of semiconductor chips and manufacturing equipment to China on Friday in a major effort to impair Beijing’s military and …
US Marines storm beach near disputed reef in South China Sea joint military drills
United States Marines on Friday stormed an uninhabited beach near the South China Sea in joint military exercises with the Philippines, Japan and South Korea.
Volkswagen Reportedly Planning $1B Software Joint Venture In China
Volkswagen is clearly aware of where Tesla’s strengths lie, and it needs to up its software game in a big way.
Health care and lifestyle brands debut new innovative products at this year CIIE
The expo’s consumer products section will also feature many new and innovative hair products. L’Oréal will present Colorsonic, a handheld device with a customizable design for precise coloring, which …
Biden cuts off China’s Yangtze, 30 others from US chipmaking gear
So is this why YMTC’s CEO stepped down? Yangtze Memory Technologies Company (YMTC) is one of more than two dozen Chinese companies and institutions targeted in the Biden Administration’s latest round …
Biden Administration Clamps Down on China’s Access to Chip Technology
Many American companies have long argued that their sales to China are an important source of revenue that allows them to reinvest in research and development and retain a competitive edge. But doing …
Chip industry grapples with new U.S. curbs on China sales
(Reuters) -Companies around the world on Friday began to wrestle with the impact of wide-ranging U.S. curbs on selling chips and chip manufacturing equipment to China. South Korean memory chip maker …
Republicans demand answers from Biden officials on report China opened police arm in NYC
Several House Republican lawmakers sent a letter to Secretaries Antony Blinken and Lloyd Austin demanding answers on Chian’s new police presence in New York City.
What is ‘FDPR’ and why is the US using it to cripple China’s tech sector?
The FDPR, or foreign direct product rule, allows the U.S. to decide who can buy products made with American technology even if those products are made abroad.
MSCI Solicits China A Share Feedback, Hong Kong Shorts Press Again, Week In Review
Asian equities were off overnight on light volumes as Fed tightening fears reignited though the region posted gains for the week.
U.S. adds China’s YMTC and 30 other firms to ‘unverified’ trade list
The United States on Friday added China’s top memory chipmaker YMTC and 30 other Chinese entities to a list of companies that U.S. officials have been unable to inspect, ratcheting up tensions with …
U.S. restricts semiconductor exports in bid to slow China’s military advance
The U.S. imposed new export restrictions on advanced semiconductors and chip-manufacturing equipment Friday in an effort to prevent American technology …