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BBCNEWS Asia Business Report June 4, 2024 23:32:00

In a series of top american diplomats visiting china. that includes antony blinken and john kerry. all in the last three months. despite all of these meetings, relations between the two economies are at their most tense in years. last august, the us passed the chipz act, specifically aimed at growing their business and blocking china s industry. they zhing have responded by restricting exports of two materials to the us, key ingredients in making chips, and it all comes in a same weight that export controls kick in in the netherlands, preventing by the netherlands, preventing by the netherlands, preventing motherwell for mac biggest chip making equipment from exporting without a licence, something china has complained about and analysts said would only make us china relations worse. this comes as president biden rep prepares to visit vietnam. vietnam has ....

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Chester Residents Oppose Philly LNG Export Project at Final Hearing

Yesterday, the Pennsylvania House Philadelphia LNG Natural Gas Export Task Force, chaired by Rep. Martina White (R-Philadelphia), held its third and final public hearing at Widener University in Chester, Delaware County. The purpose was to get public feedback on a proposal to build an LNG natural gas export facility in Chester. From the press accounts ....

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BBCNEWS The Context June 4, 2024 20:05:00

Permission from the us or to listen particularly to what we say. and the seven, which was a way of kind of shoring up the western and the g7, which was a way of kind of shoring up the western form of leadership ever since it was founded and it s now almost a0 years old, its share of gdp has been shrinking. so that when you compare it with, for example, even the brics, by purchasing power parity, it s now approximately equal. ram allison speaking to me a little earlier. what style of government would these countries want? maybe not the style of democracy the west has been exporting. in dar es salaam, tanzania, reports this week that the chinese communist party is teaching african leaders an authoritarian alternative to democracy at its first overseas training school. perhaps the strongest evidence yet that beijing is exporting its model of governing in its push to challenge the western led order. the chinese teachers sent from beijing are training african ....

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BBCNEWS Talking Business June 4, 2024 23:43:00

Restricting the exports of two important elements, gallium and germanium, both considered crucial in a range of electronic devices. einar, what s driving that move by china? i think china is trying to send a message, and they re trying to remind the us that the us designs the chips. the chips are fabricated in the east, whether it s taiwan, japan or south korea. but china is part of this global supply chain, and it does have these strategic minerals. it has a lot of them. but, you know, you ll note that it has not been a complete restriction. what they ve done is kind of mirrored what the us has done, which is to say that anybody who s exporting has to indicate who it s being exported to and apply through a process very similar to what s happening in the us. and einar there is concern, isn t there, that china is growing dominant in the provision of these, well, certain key raw materials. but as we all know, you know, it s a globalised world we live on, and if china clings to them ....

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FOXNEWS The Faulkner Focus June 4, 2024 15:07:00

It could certainly pose have at least second thoughts about it. depending on how tight the cooperation is. anything that diminishes war is a good thing. john: the united states has been shifting supply chain sourcing away from china to other countries. but the economist take a look at this and say it really isn t working. it is smoke and mirrors. they say joe biden s china strategy is not working. much of the decoupling is phony. worse for mr. biden his approach is deepening the economic links between china and other exporting countries. it pits their interests against america even where governments are wore eft about a growing assertiveness of china their relationships are deepening. he said maybe we aren t getting things from china, from vietnam and other places like that. but still a lot of the raw materials are coming from china. so they are repackaging chinese ....

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