Suppliers to Dutch chip-making machines giant ASML Holding NV are considering building plants in Southeast Asia instead of China amid political tensions between Beijing and the West, according to two sources and documents seen by Reuters. Officials from a dozen tech companies are set to visit Vietnam, Malaysia and Singapore next week, according to a […]
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India could become a key supplier of electronic parts and hardware for the United States, U.S. Commerce Secretary Gina Raimondo said on Friday, adding that Washington was not seeking a “technological decoupling” from China. Raimondo’s visit to New Delhi comes amid increasingly tight U.S. export restrictions on chipmaking technology to China which Washington says are […]
China’s rubber-stamp parliament, the National People’s Congress (NPC), wraps up on Monday, capping what is expected to be the biggest government reshuffle in a decade after setting a modest target for annual economic growth. Coming months after President Xi Jinping secured a norm-breaking third term as supreme leader, the sessions will further consolidate his authority […]
Australian nuclear submarines are key to defending the country’s 36,000 kilometres of coastline and maintaining an edge against China, whose growing military presence means conflict can erupt without notice, defence officials and government advisers said. The shift from Australia’s diesel-electric fleet to nuclear-powered subs brings additional range, stealth and strike capability – crucial capabilities given […]
Four years before Li Qiang gained notoriety as the force behind the two-month COVID lockdown of Shanghai, the man set to become China’s next premier worked quietly behind the scenes to drive a bold revamp of the megacity’s sclerotic stock market. Li’s back-channelling – sources said he bypassed the China Securities Regulatory Commission, which lost […]
The Shenzhen Stock Exchange has sought help from an intelligence technology firm to detect fraud and vet listings, said people with knowledge of the matter, as China adopts high-tech weaponry against crime and corruption in its bid to attract investors. The bourse has been testing EC Guard’s technology in recent weeks and staff have had […]
The Netherlands’ Trade Minister said a Chinese protest over the Dutch decision to impose restrictions on computer chip technology exports was “understandable”, but on Thursday said she expected diplomatic relations would remain good. Liesje Schreinemacher was speaking in Stockholm after the Netherlands said on Wednesday it would follow the U.S. in imposing stricter export rules. […]
The U.S. Central Intelligence Agency’s future will be defined by America’s ongoing technology race with China, agency director William Burns said on Wednesday during a Senate hearing. Burns’ remarks followed the release of the Annual Threat Assessment of the U.S. Intelligence Community, which pointed to China as the biggest national security threat facing America. The […]
The Netherlands’ government on Wednesday said it plans new restrictions on exports of semiconductor technology to protect national security, joining the U.S. effort to curb chip exports to China. The announcement marked the first concrete move by the Dutch, who oversee essential chipmaking technology, toward adopting rules urged by Washington to hobble China’s chipmaking industry […]
China has unveiled plans for a sweeping central government reorganisation at its annual parliament session, including the formation of a financial regulatory body and national data bureau and a revamp of its science and technology ministry. Here are the main changes and what they mean. WHAT DOES THE RESTRUCTURING INVOLVE? A new national financial regulatory […]