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in computing, it will try to apply those to intelligence capability then to military systems, since that's what all great powers have tended to do in the past. linghao, if i can bring you in, how are the us efforts to try and prevent china from advancing and chip technology affecting chinese companies? i think the most famous example is huawei, right? the company was cut—off from getting advanced chips for a smartphone. and to give you a bit of context, like how impactful that was, at that time, huawei was the second largest smartphone maker in the world, after samsung. but now, hu...

A day after top opec producer saudi arabia pledged to help stabilise the market. Overnight, the wall street major indices closed higher, the Us Central Bank has hinted it might hold steady on another Interest Rate hike as well. Federal reserve officials are embracing the higherfor Federal Reserve officials are embracing the higher for longer strategy, according to the newly released minutes from their september meeting. It shows that while officials are divided on the question of whether the Us Central Bank will hike Interest Rates again before the year is out, they all seem to think rates wil...

Now its time for World Business report. Hit by the eu profits fall at googles Parent Company alphabet, after a huge fine levvied by the european union. And bitcoin whats it for . Well, now you can use the cryptocurrency to pay for art. All will be explained. Welcome to World Business report. Im rachel horne. In a minute sharanjit will tell us how sk hynix increased its profits by more than 500 . Three of the worlds most valuable Internet Firms release their latest numbers this week. The biggest by far is googles alphabet, which has just reported a 21 jump in revenues. That was better than expe...

You invest money in their country, but then those business leaders have to comethr back to the u.s. and lobby e us .s. government to haveq better policy towards china. yeah, that's exactly it. poli for instance, you know, they went after micron in the memory chip maker. the they had this bogus security review. they banned its products. guess. urity just a few hours ago, micron ew hours announced it was putting $602 million into a new chip facility in china. that's how it's work. they are coercing our companies the biden administration is not doing anything about it. s not doeope that we hav co...

Off ties with the world's second largest economy. china is the eu's biggest trading partner so a new word started popping up this weekend, the concept of de—risking and moving supply change away from china and moving your dependency on the economy away. a compromise slightly but beijing's new this was a smear and that the original economic coercion was coming from the us. china has banned its key operators of its infrastructure from using products by us memory chip maker micron after it accused the manufacture of failing its network security