The Departments of Commerce and Defense will coordinate on the allocation of $53 billion in CHIPS funding as the U.S. faces a rising manufacturing threat from China.
Recent Posts
China Probed Covid-19 Policy Leaks by Ex-Government Officials
National-security personnel questioned expert-consulting firms last year when information about China’s pandemic policies was moving markets.
China defers $2.1b debt payment to Pakistan for two years
China has approved the deferment of a loan of $2.1 billion to Pakistan for two years. China Exim Bank has approved extending Pakistan’s $2.1 billion loan for a time span of two years, according to…
Blinken criticises China’s ‘problematic behaviour’ during visit to Tonga
U.S. Secretary of State Antony Blinken warned of China’s “problematic behaviour” during a visit to the Pacific island nation of Tonga on Wednesday, citing Beijing’s militarisation of the South China Sea and what he called…
Pan Gongsheng: Who is the new boss of China’s central bank?
China has named Pan Gongsheng as the new governor of its central bank, the People’s Bank of China (PBOC). The 60-year-old’s appointment comes as the country continues to struggle with major economic challenges in the…
Beijing Taps Veteran Diplomat Wang To Replace Absent Qin
Wang Yi this week returns as China’s foreign minister, stepping into a job he held for almost a decade in the face of the month-long absence of deposed diplomat Qin Gang.
‘No information’: Beijing bats away questions on Qin Gang removal
China’s foreign ministry declined to comment on Wednesday on the abrupt sacking of senior diplomat Qin Gang, while scrubbing mentions of him from a government website.Any reference to the 57-year-old had been removed from the…
East Africa: Isaias Afwerki – Beijing’s Friend in the Horn
Opinion – Under pressure from the West seeking to counter two decades of Chinese influence, can Beijing rely on their man in Asmara?
China reappoints Wang Yi as foreign minister
Politics China reappoints Wang Yi as foreign minister. Posted . China appointed top diplomat Wang Yi as its foreign minister on Tuesday, ousting Qin Gang who has not been seen in
China’s new central bank governor faces daunting tasks
Pan Gongsheng’s appointment comes after he was installed as the Communist Party chief of the PBOC earlier this month, a surprise move that analysts said highlighted Beijing’s urgency to bolster the country’s slowing economy and…
A close insight into how China’s first domestically built limousine was developed and its innovation path to the world
He said the Party committees and governments at all levels should pay very close attention to the employment of college graduates, and highlighted strengthening the independent development of core …
Factbox: Key takeaways from China’s politburo meeting on the economy
China pledged to step up stimulus measures as the economy faces what it described as “new” difficulties and a “tortuous” recovery, following a meeting of the powerful politburo of the ruling Communist …
China is erasing mention of its former foreign minister. But it still hasn’t said why
Five weeks ago, the world watched as China’s Foreign Minister Qin Gang met US Secretary of State Antony Blinken in Beijing for high stakes talks between the two powers.