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Countries mull boycotting Beijing Winter Olympic: United front against China gaining momentum?

1:32 PM Reassertion on boycotting the upcoming Beijing winter Olympic has again become a matter of concern. Several European nations along with North America have recently launched coordinated legislative actions, calling for a diplomatic boycott of the 2022 Beijing Winter Olympics. “With regard to the Olympics, we’re consulting very closely with allies and partners to look at the common concerns that we have, and ideally to establish a common approach,” said Antony Blinken, the Secretary of State. There would be more on that in the coming weeks, he added. Considering Biden’s administration declining to present its position on a possible boycott, Antony said that a united front with allied nations would be more effective than doing something on their own. Republicans are also showing their position against China by intending an outright boycott of the event over alleged human rights violation by the Chinese Government. They criticised the nation’

Taiwan chip companies hit by Covid-19: US Senate approves $250bn boost

2:24 PM Moving forward in leaps and bounds in the technological sector, the US has approved legislation that grants around US $250 billion to ramp up research and development in Artificial Intelligence, semiconductors, and quantum computing. The move is expected to give tough competition to China who is also striving towards the same goal. The Senate Tuesday voted for the approval of the bill by a ratio of 68-32. The ratio is evidence of the fact that the legislation to surpass China blew past the partisan division in Congress. The commercial and military competition with Beijing is now one of the few issues that unite the democrats and the republicans in the US. US recognizes the increasing reliance on Taiwan for the chips and semiconductors. The bill comes at a time when Taiwan’s industries are badly hit due the COVID-19 pandemic.

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