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 world's 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 china's industry. beijing has responded in turn, including restricting exports of two materials, gallium and germanium, to the us, these are key ingredients in making chips, and it all comes in the same week as export controls kick in in the neth...