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☆ Live updates: Israel-Hamas war rages, 'no ceasefire' in Gaza
▼ + stars: | 2023-10-23 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +1 min

Days after the United States’ shuttle diplomacy in the Middle East, which culminated in President Joe Biden’s historic wartime visit to Israel, China has started its own diplomatic hustling in a region teetering on the brink of a wider conflict. Zhai has traveled to Qatar and attended a peace summit in Egypt, calling for a ceasefire, humanitarian access to Gaza and reiterating China’s support for a two-state solution. It is unclear if he will visit Israel, as Beijing has provided no details of the trip. Few experts in or familiar with the Middle East expect Zhai’s trip will lead to any concrete deliverables in peacemaking. Instead, they view it as a chance for China to tilt the global balance of power further in its favor as the strategic competition with the US heats up.

Persons: Joe Biden’s, Zhai Jun, Beijing’s, Zhai Organizations: United Locations: United States, Israel, China, Beijing, Palestinian, Qatar, Egypt, Gaza, peacemaking

Shadi Tabatibi/Reuters Relatives mourn for a family killed in an Israeli airstrike in Gaza City on October 21. Alexi J. Rosenfeld/Getty Images Europe/Getty Images Palestinians inspect a destroyed area following an Israeli airstrike in Gaza on October 21. Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on October 18. Fatima Shbair/AP People react at the site of an Israeli airstrike in Al-Shati refugee camp in Gaza City on Saturday, October 14. Ramez Mahmoud/AP A plume of smoke rises in the sky over Gaza City during an Israeli airstrike on October 9.

Persons: Joe Biden’s, Zhai Jun, Beijing’s, Zhai, ”, Sanam Vakil, ” Jonathan Fulton, Said Khatub, Leon Neal, Hatem Moussa, Nir Oz, Wolfgang Schwan, Yousef Masoud, Alexi J . Rosenfeld, Shadi Tabatibi, Ali Jadallah, Belal al Sabbagh, Mohammed Saber, Khan, Rizek Abdeljawad, Ahmad Gharabli, Janis Laizans, Abed Khaled, Mohammed Dahman, Yoav Gallant, Gallant, Yasser Qudih, Ofir Libstein, Aza, Ronen Zvulun, Belal Khaled, Abed Rahim Khatib, Hod, Ayal Margolin, Antony Blinken, Joe Biden, Benjamin Netanyahu, Brendan Smialowski, Biden, Netanyahu, Kenny Holston, Ariel Schalit, Mohammed Abed, Kfar Aza, Ilia Yefimovich, Mustafa Hassona, Mahmoud Khaled, Samar Abu, Fatima Shbair, Dor Reder, Violeta Santos Moura, Shir Torem, Wahaj Bani Moufleh, Antonio Macías, Macías, Francisco Seco, Eli Albag, Liri, Mohammed Talatene, Sergey Ponomarev, Hatem Ali, Dor Kedmi, Mahmud Hams, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Jack Guez, Yahya Hassouna, Mapal Adam, Abed Zagout, Tamir Kalifa, Agha, Ibraheem Abu Mustafa, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, Mohammed Salem, CNN Sergey Ponomarev, Eden Guez, Atef Safadi, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Amir Cohen, Ilai Bar Sade, Erik Marmor, Oren Ziv, Majdi, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Jalaa Marey, Oded, Khan Younis, Ahmad Hasballah, Mohammed Fayq Abu Mostafa, Tsafrir, Ilan Rosenberg, Eyad Baba, Itai Ron, Hadas Parush, Xi Jinping, ” Vladimir Putin, Putin, ” Zhai, Mikhail Bogdanov, Putin’s, Israel –, Israel, “, Li Mingjiang, Li, China’s, Mao Zedong, Fulton, Zhao Tong, Vakil, China doesn’t Organizations: Hong Kong CNN, United, Palestine, Chatham House, Atlantic Council, Getty, Pictures, Tel Aviv University, AP, New York Times, Reuters, Reuters Civil, AP Rockets, AP Israel's, Regional, Al, Aqsa Martyrs Hospital, Israel's, Ahli Baptist Hospital, Israel Defense Forces, Israeli, Ben Gurion International, Shifa, Palestinian, West Bank, Aris Messinis, Haim, Mount, Mount Herzl Military, Nova, Anadolu Agency, CNN, Nova Festival, Ben Gurion, Rockets, United Nations, Reuters Police, Reuters Rockets, Biden, US, UN, Singapore’s Nanyang Technological University ., Israel, Carnegie Endowment, International Locations: China, Hong Kong, United States, Israel, Beijing, Palestinian, Qatar, Egypt, Gaza, peacemaking, East, North Africa, Abu Dhabi, Rafah, AFP, Tel Aviv, Deir al, Anadolu, Khan Younis, Europe, Zahra City, Gaza City, Xinhua, East Jerusalem, Ras, Israel's, Yehuda, Aqsa, Hod HaSharon, Kiryat Shmona, Al, Ahli, Sderot, Gan, Kfar, North Sinai, Samar, Samar Abu Elouf, Beit Kama, Haifa, Cyprus, Nablus, West, Lebanon, Kfar Saba, Israeli, Be'eri, Rehovot, Mount Herzl, Jerusalem, Kibbutz Be'eri, Modiin Maccabim, Kfar Aza, Ashkelon, Mount Herzel, Yassin, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, Ukraine, Russia, Chatham, Iran, Africa, Moscow, Washington, Xinjiang, Leningrad, Communist China, United Nations, Palestine, Beijing –, Saudi Arabia, Lebanese, Tehran

☆ China weighs options to blunt U.S. sanctions in a Taiwan conflict
▼ + stars: | 2023-10-20 | by ( Eduardo Baptista | ) www.reuters.com time to read: +10 min

"In the context of intensified Sino-U.S. strategic competition and the Taiwan Strait conflict, we should be wary of the U.S. replicating this financial sanction model against China," wrote Chen Hongxiang, a researcher at a branch of the People's Bank of China (PBOC) in eastern Jiangsu province. Wang and several PBOC researchers wrote in articles that if the U.S. implemented Russia-style sanctions on China, Beijing should freeze U.S. investment and pension funds and seize the assets of U.S. companies. ENERGY AND ALLIANCESBesides financial sanctions, Russia's response to Western pressure on its oil, gas, metals, and chips industry has given food for thought to Chinese researchers. Chinese researchers also suggested Beijing exploit cracks within the European Union and between the U.S. and its allies. "The mutual penetration of the Chinese and American economies will inevitably weaken the willingness to impose financial sanctions," he wrote.

Persons: Thomas Peter, Chen Hongxiang, Xi Jinping, Yu Yongding, Yu, PBOC, Wang Yongli, Wang, Sun, Mou Lingzhi, Xia Fan, Ye Yan, Martin Chorzempa, Chorzempa, Chen, Eduardo Baptista, David Crawshaw Organizations: REUTERS, Rights, U.S, Moscow, China, People's Bank of China, Reuters, Senior U.S, People's Liberation Army, China National Knowledge Infrastructure, China International Futures, U.S ., China Center for International Economic, Shanghai Academy of Social Sciences, China Minmetals Corporation, London Metals Exchange, Oil and Gas Exploration, Development Company, European Union, Peterson Institute for International Economics, EU, Thomson Locations: Fuzhou, Taiwan, Matsu, China, Rights BEIJING, Russia, Ukraine, Jiangsu, Beijing, Russian, U.S, Hainan, Washington, United States

☆ SpaceX, Blue Origin, Virgin Galactic executives urge senators to improve the FAA
▼ + stars: | 2023-10-18 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

With the pace of rocket launches accelerating, and competition from China rising, executives from top U.S. space companies on Wednesday urged senators to improve the Federal Aviation Administration's regulatory and licensing processes. The Senate Subcommittee on Space and Science heard from a trio of company representatives from SpaceX, Blue Origin and Virgin Galactic , as well as a pair of industry experts. Gerstenmaier emphasized that the FAA's commercial space office "needs at least twice the resources that they have today" for licensing rocket launches. Wayne Monteith — a retired Air Force brigadier general who also led the FAA's space office — said that Congress should consider consolidating space regulations. "I believe a more efficient one stop shop approach to authorizing and licensing space activities is necessary," Monteith said.

Persons: We've, Bill Gerstenmaier, Gerstenmaier, We're, Phil Joyce, New Shepard, Caryn Schenewerk, Wayne Monteith —, —, Monteith Organizations: SpaceX, NASA's Kennedy Space Center, Federal Aviation, Build, NASA, Virgin Galactic, FAA, CNBC, Blue, Air Force Locations: Cape Canaveral , Florida, China

☆ Opinion | The U.S. Is Pulling Back From China. How Far Is Too Far?
▼ + stars: | 2023-09-23 | by ( The Editorial Board | ) www.nytimes.com time to read: +3 min

Many Americans, even once-ardent proponents of globalization, have soured on trade with China. But there is a growing danger that as the United States tries to address its difficulties with China, it will pull back too far, severing economic ties that benefit American families and contribute to global peace and prosperity. Soybean farmers in the Upper Midwest sold a record $16.4 billion of their beans to China, mostly for pig feed. Hundreds of millions of Chinese have come out of poverty thanks to global trade, and have become consumers of U.S. goods and services. Amid the harsh talk, the dollar value of American trade with China — Americans buying Chinese products and the Chinese buying American products — rose to a record in 2022.

Persons: flagrantly, Ukraine —, Mike Gallagher, ”, Jon Mills, Alexandra Stevenson Organizations: United States, Wisconsin Republican, Strategic, Chinese Communist Party, The Washington Post, Intel, Cummins, China — Locations: China, United, United States, Ukraine, Washington, The, Upper Midwest, America, U.S, Indiana

☆ China has the capacity to build PLA combat ships at 200 times the rate that the US can, per leaked US Navy intelligence
▼ + stars: | 2023-09-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

China's shipbuilding capacity has dwarfed US capabilities, per leaked US Navy intelligence. A Navy spokesperson confirmed the leaked material's authenticity to Fox News Digital. China has the world's largest navy and could have a fleet of 440 ships by 2030, per the Pentagon. A leaked US Navy briefing slide with the information circulated online in July, per The War Zone, an online newsletter. AdvertisementAdvertisementA US Navy spokesperson told Fox News Digital in an article published on September 14 that the briefing slide is authentic.

Persons: Defense Mark Esper, Esper Organizations: Navy, Fox News Digital, Pentagon, Service, US Navy, USN Naval Force, Office of Naval Intelligence, US Naval Institute, Center for Strategic, International Studies, Defense, RAND Corporation, of Naval Intelligence Locations: China, Wall, Silicon

☆ In a US showdown with China, there are some missions with no special-operations 'easy button'
▼ + stars: | 2023-09-11 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +8 min

Special-operations forces have been a centerpiece of US military operations for two decades. US leaders should remember that special operators aren't suited for some tasks, one expert says. But in an era of strategic competition with China, there are some missions with no special-ops "easy button," according to David Ucko, a professor and expert on irregular warfare. First, the US special-operations community should consolidate its core strengths, particularly irregular warfare, which is "highly relevant" to strategic competition with China. US Navy SEALs train with Philippine Navy special-operations and Australian army special-operations troops in Palawan in April 2022.

Persons: David Ucko, David Devich, Ucko, US Army John F, Mario A, Ramirez, Jared N, Stavros Atlamazoglou Organizations: Service, US Special Forces, US Army, Royal United Services Institute, China, Air Force, RAF Mildenhall, US Air Force, Tech, Westin Warburton, Kennedy Special Warfare Center and School, State, Justice, Treasury, US Navy, Philippine Navy, US Marine Corps, Army Green Beret, Philippine National Police, Coast Guard, British SAS, Commonwealth, Group, SAS, Allies, Army Delta Force, Delta Force, US Army Rangers, US Army Green Berets, Psychological Operations, Boat Service, Hellenic Army, 575th Marine Battalion, Army, Johns Hopkins University, Johns Hopkins, School, International Locations: China, Wall, Silicon, SOF, Afghanistan's Ghazni, British, Russia, North Carolina, Palawan, Ukraine, Taiwan, North Africa, Iraq, Afghanistan, Johns

☆ Biden says China is unlikely to invade Taiwan now because Beijing just too busy with its own economic crisis
▼ + stars: | 2023-09-11 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

US President Joe Biden said China's economic problems could keep Beijing from invading Taiwan. Biden said Chinese President Xi Jinping has his "hands full" with China's economic issues. Beijing claims self-ruled Taiwan as its territory and has been stepping up military drills around the island. China's "difficult economic problem" currently is unlikely to cause the country to invade Taiwan, Biden said at a press conference during his state visit to Hanoi in Vietnam, according to a recording on the White House's YouTube channel. "One of the major economic tenets of his plan isn't working at all right now," Biden added, without specifying what he was referring to.

Persons: Joe Biden, Biden, Xi Jinping, Xi, I'm, it's, Li Qiang Organizations: Service, YouTube, Huawei, Washington DC, Cultural Locations: Beijing, Taiwan, Wall, Silicon, Hanoi, Vietnam, China, New Delhi, New York City, Washington, Taipei

☆ China economy woes could threaten Taiwan, says US House committee chair
▼ + stars: | 2023-09-11 | by ( Michael Martina | ) www.reuters.com time to read: +3 min

"I don't know if that's true," Mike Gallagher, chair of the U.S. House of Representatives' select committee on competition with China, told a Council on Foreign Relations event in New York. China's military in recent years has stepped up activity around Taiwan, which Beijing claims as its territory. Gallagher said he was visiting New York partly to work with financial industry experts to assess the risk to the global financial system if China were to invade or blockade Taiwan. Fears of an economic slowdown have gripped China, and Xi skipped the G20 summit this past weekend. U.S. officials have said Beijing has the resources to deal with its economy short-term but must face longer-term structural economic issues such as demographics and high debt.

Persons: Mike Gallagher, Amanda Andrade Rhoades, Joe Biden, Biden, Xi Jinping, Gallagher, William Burns, Xi, Michael Martina, Josie Kao Organizations: U.S, Rep, Chinese Communist Party, Capitol, REUTERS, Rights, Democratic, U.S . House, Representatives, Foreign, U.S . Central Intelligence Agency, Thomson Locations: United States, Taiwan, Washington , U.S, Beijing, China, Asia, New York, U.S

But most concurred it was a foreign policy triumph for Modi as he pushes to increase India’s influence on the world stage. “India’s statement embodies the voice of the emerging Global South” said Derek Grossman, an analyst focused on the Indo-Pacific at the RAND Corporation. “It’s emerging as a successful case study of Western and non-Western powers and the Global South working together to pursue shared goals,” he said. Russian President Vladimir Putin and China's leader Xi Jinping skipped the G20 summit this year. Heading into the summit, Modi had argued that the developing countries should have more say, noting that they are disproportionately impacted by many crises including climate change, food shortages and rising energy prices.

Persons: —, Narendra Modi, Rishi Sunak, Olaf Scholz, Subrahmanyam Jaishankar, ”, Amitabh Kant, Modi, “, Derek Grossman, Michael Kugelman, Wilson, Vladimir Putin, Xi Jinping, Sergey Lavrov, India's, ” Lavrov, Michael Schuman, ” Schuman, ” Kugelman, Krutika Pathi, Adam Schreck, Joanna Kozlowska Organizations: DELHI, British, United, Russia, RAND Corporation, Beijing, ”, Union, South Asia Institute, Global, Russian, Atlantic, European Union, “, Associated Press Locations: Ukraine, Russia, China, Moscow, United Nations, India, New Delhi, Brazil, South Africa, Beijing, London

☆ In U.S.-China AI contest, the race is on to deploy killer robots
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +26 min

In this high-tech contest, seizing the upper hand across fields including AI and autonomous weapons, like Ghost Shark, could determine who comes out on top. This could become critical if the United States intervened against an assault by Beijing on Taiwan. Cheap and expendableThe AI military sector is dominated by software, an industry where change comes fast. Still, the available disclosures of spending on AI military research do show that outlays on AI and machine learning grew sharply in the decade from 2010. The Costa-Mesa, California-based company now employs more than 1,800 staff in the United States, the United Kingdom and Australia.

Persons: America’s, Shane Arnott, Anduril, ” Arnott, Arnott, ”, “, Mick Ryan, Eric Schmidt, hasn’t, Lloyd Austin, –, Stuart Russell, Russell, Kathleen Hicks, “ We’ll, Palmer Luckey, Luckey, ” Arnott didn’t, Biden, Tsai Ing, Frank Kendall, Datenna, Martijn Rasser, Feng Yanghe, Feng, Palmer, ” Anduril, Arnott wouldn’t, David Lague, Edgar Su, Catherine Tai, Peter Hirschberg Organizations: Australian Navy, Ghost Sharks, Sharks, Reuters, Defense, Australian, Chinese Communist Party, Beijing, People’s Liberation Army, PLA, Department of Defense, Pentagon, Australia’s Department of Defence, Australian Defence Force, Technologists, University of California, U.S ., U.S, Teledyne FLIR, Facebook, VR, Military, . Air Force, FH, U.S . Central Intelligence Agency, Department, Statistics, Harvard University, Biden Administration, Special, Command, Ministry of Defense, Veteran Locations: China, Australia, United States, Sydney, Britain, Japan, Singapore, South Korea, Europe, Asia, Ukraine, ”, America, U.S, Taiwan, East Asia, Beijing, Russian, Berkeley, Fort Campbell , Tennessee, Kenya, “, Russia, Colorado, Zhuhai, Netherlands, Costa, Mesa , California, United Kingdom, Virginia, Canberra, Washington

☆ Opinion: The ‘rising superpower’ myth about China
▼ + stars: | 2023-09-07 | by ( Opinion Peter Bergen | Joel Rayburn | ) edition.cnn.com time to read: +12 min

He was the US Special Envoy for Syria and the senior director for Iran, Iraq, Syria and Lebanon on the National Security Council staff during the Trump administration. After that, China’s National Bureau of Statistics said it would suspend publishing youth unemployment data in the future. What does it signify that China’s national power, which today is vast, is almost certain to be weaker in the future? If Xi and his strategists have a feasible plan for nimbly averting China’s demographic doom, they are keeping very quiet about it. This brings us back to the question of national security strategies for the United States and its allies.

Persons: Peter Bergen, Peter Bergen ”, Joel Rayburn, Trump, Biden, Saddam Hussein’s, Lloyd Austin, China’s, Xi Jinping, Stephen Shaver, ”, Ng Han Guan, Xi, China “, ” Trump Organizations: New, Arizona State University, Apple, Spotify, American Center for Levant Studies, New America, US, National Security Council, CNN, Strategy, Pentagon, of Defense, Development Research Center, Communist Party, UPI, Manpower, Census Bureau, National Bureau of Statistics, Financial, China’s Southwestern University of Finance, Economics, Rocky, United Nations, Beijing, Pew Research Center, Communist, Trump administration’s National Security, Twitter, Trump Locations: New America, Syria, Iran, Iraq, Lebanon, Washington, China, United States, Saddam Hussein’s Iraq, al Qaeda, Ukraine, People’s Republic of China, Beijing, India, Yarkent County, China's Xinjiang Uyghur Autonomous Region, Saudi Arabia, USSR, Russia, Russia’s Ukraine, Vietnam, Korea, Italy, Japan, Taiwan, Hong Kong

☆ China warns against 'new Cold War' at ASEAN summit
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +5 min

[1/5] China's Premier Li Qiang (L) attends the 26th ASEAN-China Summit during the 43rd ASEAN Summit in Jakarta, Indonesia, on September 6, 2023. In remarks at the start of her meeting with ASEAN leaders, Harris said the United States was committed to the region. "The United States has an enduring commitment to Southeast Asia and more broadly to the Indo-Pacific," she said. Just before this week's gatherings, China released a map with a "10-dash line" showing what appeared to be an expansion of the area it considers its territory in the South China Sea. "The Philippines firmly rejects misleading narratives that frame the disputes in the South China Sea solely through the lens of strategic competition between two powerful countries," Marcos said.

Persons: Li Qiang, Yasuyoshi, Li, Kamala Harris, Joe Biden, Xi, Harris, ASEAN's, Retno Marsudi, Ferdinand Marcos, Marcos, Yoon Suk, Yoon, Kim Jong, Vladimir Putin, Stanley Widianto, Kate Lamb, Kanupriya Kapoor, Robert Birsel, Nick Macfie Organizations: China, ASEAN Summit, REUTERS Acquire, China Sea, Asia ASEAN, Association of Southeast Asian Nations, ASEAN, U.S, White, Indonesian, United, South, North, New York Times, Thomson Locations: ASEAN, Jakarta, Indonesia, Asia, JAKARTA, China, Japan, South Korea, Australia, India, South China, United States, Southeast Asia, Myanmar, States, South, Philippine, Philippines, North Korea, Russia, Moscow, Ukraine

☆ The greenback is 'losing some influence' in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan
▼ + stars: | 2023-09-05 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

The US dollar is losing some influence in the oil markets, according to JPMorgan. The correlation between the USD's strength and oil prices has weakened, per the bank's research. The analyst drew the conclusion by looking at the impact of a strengthening dollar on oil prices. AdvertisementAdvertisementThe relationship exists because the dollar is traditionally inversely correlated to oil prices — meaning that when the greenback's value rises, oil prices fall, and vice versa. This trend is because more oil is now being transacted in non-dollar currencies, JPMorgan said in its report, such as the Chinese yuan.

Persons: Natasha Kaneva, Kaneva, Jahangir Aziz, —, It's Organizations: JPMorgan, Service, Brent, Reuters, Russia Locations: Wall, Silicon, China, Russia, Ukraine, Washington

☆ JPMorgan says the biggest risk of de-dollarization isn't a rival currency — it's that the US could lose a key tool it's used to fight past economic crises
▼ + stars: | 2023-09-05 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The biggest risk of de-dollarization is that the US could lose a key tool it's used to fight past crises, JPMorgan said. De-dollarization risks mostly relate to inflation and debt burdens, strategists said. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Instead, the key de-dollarization risk that Western economies face is mostly related to inflation and their debt burdens, they explained. Bu while JPMorgan expects "marginal de-dollarization," to take place, the pace is not expected to be rapid.

Persons: —, Marko Kolanovic, dollarization Organizations: JPMorgan, Service, West, AA, AAA Locations: Western, Wall, Silicon, East, Ukraine

☆ No clear winner in US, China contest in the Pacific
▼ + stars: | 2023-08-18 | by ( Kirsty Needham | ) www.reuters.com time to read: +5 min

The United States and PNG signed a defence cooperation agreement in May. STRATEGIC CHESSBOARDThe events in Vanuatu this week highlighted the challenges Pacific nations face in seeking to benefit from both the United States and its allies, and China. The U.S. Coast Guard has yet to gain clearance to enter Vanuatu's port, as it does in other Pacific Islands, Coast Guard officials said. Solomon Islands Prime Minister Manesseh Sogavare is also reluctant to accept U.S. support. The project was the largest infrastructure donation China had made to the Pacific Islands so far, Chinese ambassador Li Ming said at the ceremony.

Persons: Joe Biden, Louis Mapou, Hu'akavemeiliku Siaosi, Surangel Whipps, Kausea Natano, Samantha Power, Power, Washington, Lenora Qereqeretabua, Qereqeretabua, Ratu Jone Logavatu Kalouniwai, Denghua Zhang, Ishmael Kalsakau, Manesseh Sogavare, Sogavare, Li Ming, Kirsty Needham, Miral Organizations: U.S ., Country, New, Tonga's, Tuvalu's, United States, USAID, Pacific, Fiji Military Force, Australian National University, Vanuatu's, U.S . Coast Guard, Coast Guard, Solomon Islands, White, Solomon Islands National University, Reuters, Thomson Locations: U.S, Federated States, SYDNEY, China, Taiwan, Fiji, Papua New Guinea, United States, Vanuatu, Solomon Islands, Pacific, Australia, Vanuatu's, Solomon

☆ Philippines sees risk of conflict over Taiwan as a 'major concern'
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +2 min

Filipino soldiers stand at attention near a Philippine flag at Thitu island in disputed South China Sea April 21, 2017. "Major concern is also seen in the Cross-Straits relations that has the potential to be the flashpoint in the region," the government said in the document, published by the National Security Council, referring to the Taiwan Strait. The plan also covered government food and energy security priorities and noted that the South China Sea "remains a primary national interest". To achieve energy security, the government said it would explore development of offshore reserves, including in the South China Sea, to help reduce dependence on imports. Ties with China have grown tense under Marcos, as the Philippines pivots back to traditional ally the United States.

Persons: Erik De Castro, Ferdinand Marcos Jr, Marcos, Karen Lema, Robert Birsel Organizations: REUTERS, Rights, National Security Council, Mutual Defense, U.S, Thomson Locations: Philippine, Thitu, China, Philippines, United States, Taiwan, Beijing, Japan, South, South China

☆ Rep. Mikie Sherrill on curbing U.S. investment in China: They've created an uneven playing field
▼ + stars: | 2023-08-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRep. Mikie Sherrill on curbing U.S. investment in China: They've created an uneven playing fieldHouse Select Committee on Strategic Competition Between the U.S. and China member Rep. Mikie Sherrill (D-N.J.) joins 'Squawk Box' to discuss President Biden's expected executive order this week that would more closely scrutinize American investments in Chinese tech,

Persons: Mikie Sherrill, They've, Biden's Organizations: Strategic Locations: China

☆ The U.S. and China are in an era of 'significant strategic competition,' says rare earths miner
▼ + stars: | 2023-08-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe U.S. and China are in an era of 'significant strategic competition,' says rare earths minerJames Litinsky, chairman of MP Materials, says its second-biggest shareholder is a Chinese company and discusses how competition between the United States and China has affected the industry.

Persons: James Litinsky Organizations: Materials Locations: China, Chinese, United States

☆ U.S. lawmakers urge Biden administration to tighten AI chip export rules
▼ + stars: | 2023-07-28 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

The October 2022 rules impose two performance caps on exporting AI chips to China - one on how fast the chips can talk to one another, and the second on the chips' processing speeds. After the rules took effect, Nvidia created special chips for China with lower interconnect speeds. Intel this month also said it has created an AI chip that can be sold in China. Nvidia at the time said that restricting sales of its AI chips to China "would result in a permanent loss of opportunities for the U.S. On Friday, Gallagher and Krishnamoorthi urged an even tighter approach than the one Reuters previously reported officials are considering.

Persons: Mike Gallagher, Biden, Raja Krishnamoorthi, Gina Raimondo, Gallagher, Krishnamoorthi, " Gallagher, Stephen Nellis, Chris Sanders, Leslie Adler Organizations: U.S, Rep, Chinese Communist Party, Capitol, FRANCISCO, Republican, Nvidia, Devices, Intel, Reuters, Qualcomm, Semiconductor Industry Association, Microsoft, Google, Thomson Locations: United States, Taiwan, Washington , U.S, China, U.S, Washington, San Francisco

☆ US lawmakers urge Biden administration to tighten AI chip export rules
▼ + stars: | 2023-07-28 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

☆ New Zealand prime minister says Pacific region less secure due to China's assertiveness
▼ + stars: | 2023-07-16 | by ( Lucy Craymer | ) www.reuters.com time to read: +2 min

AUCKLAND, July 17 (Reuters) - The Pacific region is becoming more contested and less secure as China becomes more assertive, New Zealand Prime Minister Chris Hipkins said on Monday, outlining the country’s need to work with like-minded partners while still engaging with Beijing. “Our region is becoming more contested, less predictable, and less secure,” he said. “And that poses challenges for small countries like New Zealand that are reliant on the stability and predictability of international rules for our prosperity and security." “In this increasingly complex global environment, our relationship with China will continue to require careful management,” he said. Wang Xiaolong, China’s ambassador to New Zealand said in a speech that China and New Zealand relations were healthy, stable and thriving.

Persons: Chris Hipkins, Hipkins, ”, Wang Xiaolong, Lucy Craymer, Sandra Maler Organizations: AUCKLAND, Zealand, China Business Summit, Thomson Locations: China, Beijing, Auckland, “, New Zealand, New, Wellington, Australia, Canada, United States, United Kingdom, Lincoln

During her first day of meetings in Beijing, Treasury Secretary Janet L. Yellen criticized punitive measures the Chinese government has taken against American firms. I’ve made clear that the United States does not seek a wholesale separation of our economies. Ms. Yellen conveyed her objections to China’s top officials, including Premier Li Qiang, in what was the first visit to China by a Treasury secretary in four years. A Treasury Department official said Ms. Yellen had discussed the outlook for the economy in an informal discussion with her former counterparts that lasted more than an hour. “The United States will, in certain circumstances, need to pursue targeted actions to protect its national security,” Ms. Yellen said.

Persons: Janet L, Yellen, I’ve, Biden, Yellen’s, Li Qiang, Ms, “ I’ve, Mark Schiefelbein, Wang Yong, Wang, ”, Shi Yinhong, “, China’s, Michael Hart, “ We’ve, Mr, Hart, Liu He, Yi Gang, Li, Li’s, ” Claire Fu, Christopher Buckley Organizations: U.S, American Chamber of Commerce, Boeing, Bank of America, Cargill, Group, Bain & Company, Beijing, Biden, of, People, ., Center for American Studies, Peking University, “, Renmin University, U.S . State Department, Chamber of Commerce, Treasury, People’s Bank of China, Treasury Department Locations: Beijing, United States, China, American, Shanghai, U.S, States

☆ U.S. and China preparing for long term strategic competition, says TD Cowen's Roman Schweizer
▼ + stars: | 2023-07-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. and China preparing for long term strategic competition, says TD Cowen's Roman SchweizerRoman Schweizer, aerospace and defense policy analyst at TD Cowen & Co, and Michael O’Hanlon, senior fellow at Brookings Institution, join 'The Exchange' to discuss Janet Yellen's trip to China, U.S. and China's economic relationship going forward, and the effort to ease international tensions.

Persons: Roman Schweizer Roman Schweizer, Michael O’Hanlon, Janet Yellen's Organizations: U.S, Cowen & Co, Brookings Institution Locations: China, U.S

☆ China's modest rate cut sends stocks lower
▼ + stars: | 2023-06-20 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

LONDON, June 20 (Reuters) - European stocks and U.S. futures fell on Tuesday after China cut interest rates by less than expected and the market awaited more detail on Beijing's plans to shore up a stuttering economic recovery. The People's Bank of China lowered the medium-term lending facility rate on Thursday last week. "The meeting helped improve sentiment, but the market also understands that there's strategic competition between the U.S. and China," said Redmond Wong, Greater China market strategist at Saxo Markets. A central banker on Tuesday also hinted there was room for policy adjustment from the current path of aggressive rate hikes. Gold edged up 0.1% to $1,951.74 as the dollar index eased at 102.45 but lacked clear momentum as traders awaited U.S. Federal Reserve Chair Jerome Powell's testimony later this week for more direction on the interest rate path.

Persons: Susannah Streeter, Hargreaves Lansdown, Xi, Rodrigo Catril, Issei Kato, Antony Blinken's, Redmond Wong, Jerome Powell's, Brent, Joice Alves, Selena Li, Anisha, Susan Fenton, Jason Neely Organizations: Hargreaves, People's Bank of, National Australia Bank, REUTERS, Citi, U.S, Saxo Markets, Reserve Bank, Australia's, Bank of England, Federal, Thomson Locations: China, Asia, U.S, Beijing, People's Bank of China, Tokyo, Japan, United States, Greater China, German, London, Hong Kong, Bengaluru

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