Topic
Talk of economic decoupling between China and the United States, the world's two largest economies, surfaced amid their prolonged trade war, rising tech rivalry and general geopolitical tensions which have edged up in recent years. Decoupling transcends trade and investment and it could mean a peeling back of goods and services trade, divestment from China and the relocation of the American manufacturing presence out of China, but also a fragmentation of the global supply chain. It is believed a major decoupling move would mark the end of a long period of globalisation.
- Lack of a level playing field is underlying issue of overcapacity and healthy competition will lead to innovation, Berlin’s representative in Beijing says
- In a wide-ranging interview, the ambassador shares her thoughts on relations between the two countries, from differences to common ground
The US will impose new, elevated tariffs that focus on key industries including electric vehicles, batteries and solar cells, according to Bloomberg and The Wall Street Journal.
More multinationals are undergoing a ‘decoupling’ with their China-based operations, a new business survey finds as foreign direct investment sinks and analysts say expatriate staff are harder to come by.
Other entities were added to the list for allegedly trying to obtain US quantum technology for China, or for seeking US parts for military drones.
China’s strengthened push to use RISC-V, an open-source chip-design architecture, is facing new risks amid scrutiny by the US and Google’s move to stop supporting it on Android.
Further restrictions on access to Intel and Qualcomm chips would pose challenges to Huawei’s PC business, which has been gaining ground in the China market.
Alat CEO Amit Midha said the only request so far has been to keep supply chains separate, but it would divest if asked because the ‘US is the number one partner for us’.
A high-level official with the International Monetary Fund has said if divisions persist between China and the West, the damage that would be done to the global economy would be considerable.
Huawei’s recognition as an accredited lab expired on Tuesday and its request for an extension of its recognition was denied by US authorities.
Antony Blinken is the latest senior US official to visit China, but some analysts believe Washington needs to set out a clear vision for future relations.
Struggling US-China ties, a human rights shock and a student in big trouble: these are the highlights from the SCMP’s overseas correspondents from April 2024.
A highly placed scholar is encouraging China to offload more of its holdings in Treasuries as overseas assets become a riskier proposition thanks to erratic geopolitical shifts.
Chinese researchers detail how technology has transformed the region’s textile industry and led to record surge in exports.
Secretary of State raised concerns in meeting with Shanghai party chief Chen Jining, but also said direct engagement between the two sides is a ‘necessity’.
Taiwan’s exports to the US in the first quarter beat shipments sent to mainland China, with analysts pointing to a ‘strategic plan’ by Washington to construct and lead a world supply chain and market order.
Trade, Ukraine among topics on the agenda, with Blinken expected to pressure China to urge its firms to stop supplying dual-use goods to Russia or face more punitive measures.
The open-source technology, which can be used to build smartphone chips and advanced processors, is being used by major Chinese tech firms.
Washington has ‘seriously harmed’ Chinese interests with moves to suppress the country’s economy and trade, foreign ministry official says.
A US business lobby has issued a report asking for clear guidelines on what activity is acceptable under China’s new security laws, as well as other suggestions for improving investor confidence.
The US-based general counsel for TikTok and ByteDance has led years-long talks with the American government meant to stave off national security concerns about the app’s connections to China.
