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☆ How U.S. and China Are Breaking Up, in Charts
▼ + stars: | 2023-08-12 | by ( Anthony Debarros | Yuka Hayashi | ) www.wsj.com time to read: 1 min

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☆ Sputtering Trade Fuels Fears of a Fractured Global Economy
▼ + stars: | 2023-08-09 | by ( Marcus Walker | Yuka Hayashi | ) www.wsj.com time to read: 1 min

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☆ Sputtering Trade Fuels Fears for a Connected World
▼ + stars: | 2023-08-09 | by ( Marcus Walker | Yuka Hayashi | ) www.wsj.com time to read: 1 min

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☆ Biden’s Dilemma: Fight Inflation or Protect Unions?
▼ + stars: | 2023-07-09 | by ( Yuka Hayashi | Bob Tita | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ U.S. Looks to Restrict China’s Access to Cloud Computing to Protect Advanced Technology
▼ + stars: | 2023-07-04 | by ( Yuka Hayashi | John D. Mckinnon | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Nvidia Warns of Lost Opportunities if U.S. Bans AI Chip Exports to China
▼ + stars: | 2023-06-28 | by ( Asa Fitch | Yuka Hayashi | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Organizations: nvidia

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☆ Chemical Makers, Tool Suppliers Can Now Get Chips Act Money
▼ + stars: | 2023-06-23 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

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☆ U.S. to Allow South Korean, Taiwan Chip Makers to Keep Operations in China
▼ + stars: | 2023-06-12 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: taiwan

☆ U.S. Struggles to Turn Steel Imports ‘Green’ With Tariffs
▼ + stars: | 2023-06-07 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

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☆ World Bank Brightens View of Global Growth This Year, Downgrades 2024
▼ + stars: | 2023-06-06 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

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☆ U.S. Delivers Early Win in Asia Trade Pact, but Rifts Surface
▼ + stars: | 2023-05-27 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

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Canada’s Chrystia Freeland, in glasses, was among the G-7 finance ministers meeting in Niigata, Japan, last week. Photo: Shuji Kajiyama/Associated PressThe U.S. and its allies are poised to increase pressure on China at this week’s Group of Seven summit in Japan, with an expected joint statement rejecting use of economic retaliation against nations over policy disputes and other disagreements, according to people familiar with the situation. The anticipated statement isn’t expected to mention any country by name, the people said, but comes as concerns mount among the U.S. and its allies over Beijing’s increasing use of what its critics call “economic coercion” to show its displeasure with other countries.

☆ Taiwan’s Trade Clash with China Could Benefit the U.S.
▼ + stars: | 2023-05-05 | by ( Yuka Hayashi | Joyu Wang | ) www.wsj.com time to read: 1 min

The U.S. and the Philippines have carried out the largest-ever annual military exercises amid an escalation of Chinese military activity around Taiwan. WSJ’s Shelby Holliday explains what makes this year’s drills different. Photo: Jes Aznar/Getty ImagesWASHINGTON—Taiwan has begun preparing for a sharp rise in economic tension with China, stepping up efforts to encourage businesses to look for investments in the U.S. and other countries. Businesses from the island are facing a sprawling Chinese trade investigation involving nearly 2,500 goods, including agricultural products, metals, plastics, chemicals and minerals. The probe, which Beijing has said is in response to “trade barriers,” threatens to disrupt commerce to Taiwan’s top export destination.

☆ U.S. Businessman Ajay Banga Approved to Lead World Bank
▼ + stars: | 2023-05-03 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay. Illustration: Preston Jessee/WSJWASHINGTON—The World Bank’s executive board approved Ajay Banga as its next president on Wednesday, putting the India-born American businessman in charge of an effort to expand lending capacity and fight climate change. Mr. Banga, who was nominated for the post by President Biden, succeeds David Malpass , a nominee of former President Donald Trump who is stepping down in June, a year before his term ends.

☆ ‘Double Tax’ Hinders Taiwan’s Investment in American Factories
▼ + stars: | 2023-04-27 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

TSMC’s semiconductor facility under construction in Phoenix. The lack of a U.S. tax treaty with Taiwan means companies in the U.S. are taxed by both governments. Photo: Caitlin O’Hara/Bloomberg NewsWASHINGTON— Bowei Lee ’s chemical company wants to open a new American factory to make materials for semiconductors, exactly the type of investment U.S. officials are courting as they seek to shore up chip supply chains and boost domestic manufacturing. But the Taiwan-based firm, LCY Group , faces a problem: Earnings from the new factory would be taxed twice.

☆ Inflation Tests a Global Economy That Has Weathered Covid-19, Ukraine War
▼ + stars: | 2023-04-14 | by ( Yuka Hayashi | Andrew Duehren | ) www.wsj.com time to read: 1 min

WASHINGTON—The global economy has emerged from the pandemic and weathered the war in Ukraine with surprising resilience, policy makers gathered in Washington said last week. Yet the recovery remains fragile as stubborn inflation fuels risks in many corners of the world. Top finance officials and central bankers patted each other on the back over the way their economies pulled through the past year, as they met for the spring meetings of the World Bank and the International Monetary Fund, their first fully in-person gathering in more than three years.

☆ U.S., China to Lead Growth in Government Debts
▼ + stars: | 2023-04-12 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

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Evan GershkovichEvan Gershkovich is a reporter for The Wall Street Journal, where he covers Russia, Ukraine and the former Soviet Union. President Biden and news organizations around the world have joined the Journal in calling for Mr. Gershkovich’s immediate release. Mr. Gershkovich, the American son of Soviet-born Jewish exiles, grew up in New Jersey. Before joining the Journal in January 2022, Mr. Gershkovich was a reporter for Agence France-Presse and the Moscow Times. Find more information about Mr. Gershkovich here.

☆ IMF Says Banking Troubles Create Headwinds for Global Economy
▼ + stars: | 2023-04-11 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

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☆ Is Russia’s Economy Growing or Shrinking? It Depends on the Forecaster.
▼ + stars: | 2023-04-11 | by ( Stephanie Stamm | Yuka Hayashi | ) www.wsj.com time to read: 1 min

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☆ World Bank Chief Calls Russia’s Arrest of Gershkovich a Brazen Act
▼ + stars: | 2023-04-10 | by ( Yuka Hayashi | ) www.wsj.com time to read: 1 min

WASHINGTON—World Bank President David Malpass said the detention of Evan Gershkovich , a Wall Street Journal reporter held in a Russian prison and accused of spying, is a “brazen act” by the Russian government that violates freedom of the press. Mr. Malpass said on the first day of the bank’s semiannual meetings in Washington that the multilateral lender considers freedom of the press vital, saying that includes ensuring the safety of journalists.

☆ Climate Change and Poverty Pose Challenge to World Bank
▼ + stars: | 2023-04-10 | by ( Yuka Hayashi | Andrew Duehren | ) www.wsj.com time to read: 1 min

The World Bank, embarking on a comprehensive overhaul of its lending practices, faces a tough question: How should it use its limited resources to fund climate projects while still helping the world’s poor? The bank’s wealthy member countries are reluctant to add more to its coffers. But they are also demanding that it lend more money to programs that would fight climate change.

☆ Ukraine War and Inflation to Limit Global Trade Growth in 2023, WTO Says
▼ + stars: | 2023-04-05 | by ( Yuka Hayashi | Jason Douglas | ) www.wsj.com time to read: 1 min

The war in Ukraine and stubborn inflation around the world are expected to hold back growth in global trade this year, restraining the pace of economic recovery even as the world emerges from the height of the pandemic. The World Trade Organization said Wednesday the volume of world merchandise trade is expected to expand 1.7% this year, following 2.7% growth in 2022. This year’s forecast falls well below the average annual growth rate of 2.6% since a trade slump after the 2008 financial crisis.

☆ New EV Rules Mean Fewer Models Eligible for Tax Credit
▼ + stars: | 2023-03-31 | by ( Yuka Hayashi | Richard Rubin | ) www.wsj.com time to read: 1 min

WASHINGTON—The Biden administration detailed new criteria for an electric-vehicle tax-credit program, a change that officials said they expect will reduce the number of eligible models. The new rules, issued by the Treasury Department Friday, aim to make the U.S. less reliant on batteries and critical minerals shipped from China. For car buyers to claim the full $7,500 tax credit, the batteries must contain set amounts of components made in North America and critical minerals sourced in the U.S. or from certain friendly countries.

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