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BBCNEWS Asia Business Report June 4, 2024 00:31:00

Raimondo�*s visit is the latest in a series of top american diplomats to have visited china recently including janet yellen, antony blinken and the us climate envoyjohn kerry. all in the last three months. despite all these meetings, relations between the worlds two largest economies are at their most tense in years. last august the us passed the chips act, specifically aimed at growing domestic chip making business and blocking chinas industry. beijing responded in turn including restricting ...
China S Climate Envoyjohn Kerry Janet Yellen Antony Blinken Chip Making Business Chips Act

BBCNEWS Asia Business Report June 4, 2024 01:32:00

Suspension was lifted, the shares are down by 14% after falling 80% yesterday. as we have been reporting, the us commerce secretary is in beijing this week. on monday she met her chinese counterpart, describing the discussions as open and pragmatic. the countries have pledged to hold regular meetings between business representatives, with a focus on commercial issues. representatives will also meet to exchange information on export controls, and the first meeting is today. our business reporter ...
China S Commerce Secretary On Monday Export Controls Business Reporter Business Representatives

BBCNEWS Asia Business Report June 4, 2024 01:33:00

Last august the us passed the chips act, specifically aimed at growing domestic chip making business and blocking chinas industry. beijing responded in turn including restricting export of chip—making materials to the usand it all comes in the same week as export controls kick in in the netherlands, preventing one of the worlds biggest makers of chips, asml, from exporting without a license, something china has complained about and analysts say would only make us—china relations worse. this ...
China S Chip Making Business Chips Act Export Controls Chip Making Materials Us China Relations Worse

BBCNEWS World Business Report June 4, 2024 13:32:00

All its eggs in one basket that is china. the country is having a hard time maintaining its status as the worlds manufacturing hub, making it all the more difficult to bounce back the pandemic. that is the view from asia. lets take you to the us. joining me from washinton is professor peter morici from the university of maryland. thanks for being with us. these talks will get under way, there is a lot for them to talk about and we have touched on some of the key issues that they are hoping to ha...
China S Manufacturing Hub Peter Morici University Of Maryland South Asia Export Controls

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BBCNEWS World Business Report June 4, 2024 13:31:00

Janet yellen, the secretary of state antony blinken and us climate envoyjohn kerry, all in the last three months. but despite all of these meetings, relations between the worlds two largest economies are at the most tense in years. last august, the us passed the chips act, specifically aimed at growing the domestic chip—making business and blocking chinas industry. beijing has responded in turn, including restricting exports of two materials, gallium and germanium, to the us, these are key ing...
Janet Yellen Secretary Of State Chips Act Antony Blinken China S Chip Making Business

BBCNEWS World Business Report June 4, 2024 04:46:00

With the chinese minister of commerce in one of the main topics of discussion will be the technology will we have here been hearing about. relations can turn you to be tense as the us works with its allies to block chinas access to advanced semiconductor chips with export controls in place, the us says they are worried the us says they are worried the technology will be used by chinas military at a time when geopolitical tensions between the two are incredibly fraught. in retaliation to that, be...
China S Minister Of Commerce Export Controls Semiconductor Chips Micron Technology Ship Company

BBCNEWS Asia Business Report June 4, 2024 01:32:00

At the same time, the two countries are dealing with issues as well, and i think certainly the us side has recently issued an executive order on export controls on a few sectors such as semiconductors and ai and quantum computing. so, i think secretary raimondo probably will be discussing with the chinese side how to deal with these sensitive sectors, so the popular saying is having the small yard and tall fences just to understand the boundaries. so, these are the areas that are off—limits to...
Executive Order Export Controls Secretary Raimondo Quantum Computing China S China Evergrande

US, China to discuss export controls, officials say

U.S. Secretary of Commerce Gina Raimondo announced Monday that she and her Chinese counterpart agreed to discuss export controls in an ongoing effort to ease tensions between the two global economic powerhouses. In a statement Monday, Raimondo said she met with People’s Republic of China Minister of Commerce Wang Wentao, and they agreed to take several concrete…
United States White House District Of Columbia Nicholas Burns Janet Yellen Gina Raimondo
Source: yahoo.com

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