China delivered the latest salvo in an escalating semiconductor war with the US, announcing that Micron Technology Inc. products have failed to pass a cybersecurity review in the country.
Monthly Archives For May 2023
Inflation not yet a constraint on China’s monetary policy
The following are some predictions for China’s monetary policy in the second half of the year.
Chinese chipmakers’ shares rise after China fails Micron in security review
Shares in some Chinese memory chipmaking-related companies opened up on Monday after China failed Micron Technology in a security review.
China leaves lending benchmarks unchanged in May, matching expectations
China kept its benchmark lending rates unchanged for the ninth straight month on Monday, matching market expectations for May.
China ups trade feud with ban on chips from US giant
Stepping up a feud with Washington over technology and security, China’s government on Sunday told users of computer equipment deemed sensitive to stop buying products from the biggest U.S.
Global investment banks’ profits drop in China
The China units are tiny in the context of global banks’ overall operations. JPMorgan’s China Securities unit made a $38mn profit, compared with the bank’s overall $38bn profit last year. Goldman’s …
The Times view on the West’s relations with Beijing: Containing China
AlamyThe G7 leaders have warned of the threat to security from China’s aggressive diplomacyFractious relations between Russia and the western democracies may s …
China’s war chest: how the fight for semiconductors reveals the outlines of a future conflict
US efforts to stifle China’s chip industry are thought to be part of a wider plan to hinder Beijing’s preparations for war
China’s $23 Trillion Local Debt Mess Is About to Get Worse
In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its struggles since are an ominous sign for President Xi Jinping as other heavily indebted municipalities look set…
Chinese embassy in Britain asks London to stop slandering China to avoid damage
The Chinese embassy in Britain in a statement on Sunday asked London to stop slandering and smearing China to avoid further damage to China-UK relations.
China challenges global security and prosperity, says Rishi Sunak
China’s aggression is the “biggest challenge of our age”, Rishi Sunak has said.At the end of a G7 summit that revealed the deep unease among the world’s wealthi
China slaps restrictions on US company over ‘national security’ risks as chip war escalates
The U.S., Europe and Japan have taken steps over the last year to restrict the export of sophisticated chips used in manufacturing processes for cars, smartphones and computers to China due to …
FirstFT Asia: China bans US chipmaker Micron
China has said that US chipmaker MicronTechnology’s products posed “serious network security risks’‘ and banned operators from buying them. The decision comes amid escalating tensions between the …
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