U.S. President Joe Biden’s $715 billion Department of Defense budget will shift funding from old systems to help modernize the nuclear arsenal to deter China, while also developing future warfare …
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Sweeping tech bill to counter China advances in U.S. Senate
The U.S. Senate on Thursday advanced a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology, as Congress increasingly seeks to take a tough line …
China Still Behind on Phase One Trade Commitments, But Closing the Gap
The U.S. Census Bureau recently released new data for the first four months of 2021 regarding trade with China. Micheal Clements shares the results.
Senate to vote bipartisan bill aimed at countering China’s influence
The Senate is voting Thursday on a bill aimed at countering China’s global economic and political influence. But despite the bill’s bipartisan sponsorship and a lengthy amendment process, last-minute …
China Still Behind on Phase One, But Catching Up Quickly
The Phase One Agreement, signed by the United States and China in January 2020, committed China to large, huge even, purchases of U.S. agricultural products in 2020 and 2021. Phase One laid out that …
U.S. chip subsidy effort faces pushback over China issues
By Stephen Nellis, David Shepardson and Michael Martina WASHINGTON (Reuters) – A series of amendments for a $190 billion U.S. Senate bill aimed at countering China’s technology challenge are in …
Two Lawmakers Propose Ban on Firms Backing Beijing Games
A bipartisan pair of U.S. representatives is proposing a law that would ban companies who sponsor or do business with the 2022 Beijing Olympics from selling their products or services to the federal …
Butterfly Effect: Bienvenido Beijing — China’s Latin American Vax Win
For generations, Latin American foreign policy has revolved around the U.S. Now China is the center of political debates across the region, underscoring its newfound clout.
Biden move to investigate Covid origins opens new divide in US-China relations
Beijing reacts angrily to calls for WHO to carry out second phase of investigation, while US intelligence split on virus’s likely origin …
Brewin Dolphin’s Mui: China Will Derive Growth From Domestic Economy, Not Exports (Video)
Janet Mui, Investment Director at Brewin Dolphin, discusses US-China trade, the rally in Chinese equities and the Yuan’s three-year high. She speaks with Yousef Gamal El-Din and Manus Cranny on …
Car dealers use new import method for China market
Parallel import allows auto dealers to purchase vehicles directly in foreign markets and then sell them to customers in China. The first shipment includes Mercedes-Benz GLS450s. Foreign luxury …
China gives companies ‘urgent notice’ in oil import probe
China gave five state-owned companies until Thursday to report on their historic use of imported oil as part of a broader effort by the world’s largest oil importer to control shipments as domestic …
EXCLUSIVE As China plans new rules, global automakers move to store car data locally
BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters, as automakers come under growing pressure in the world’s biggest car market over …