China will scrutinize Ford Motor Co’s latest deal with battery giant CATL to ensure the Chinese company’s core technology is not shared with the U.S. automaker, Bloomberg News reported on Thursday. Beijing is concerned the Detroit carmaker could gain access to the competitive aspects of CATL’s technology, but the scrutiny is unlikely to result in […]
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China on Thursday put Lockheed Martin Corp and Raytheon Technologies Corp on an “unreliable entities list” over arms sales to Taiwan, banning them from imports and exports related to China in its latest sanctions against the two U.S. companies. The measures come amid heightened tensions after the U.S. military shot down what it says was […]
The world’s biggest factory and most populous nation has opened for business after three years, leading to a surge in demand as well as concerns it will add to global inflationary pressures. But economists say investors need not worry too much. China’s swift dismantling of a zero-COVID policy has come as global central banks are […]
ASML Holding NV on Wednesday warned growing global trade and export controls pose a threat to its business, but it does not expect new restrictions on exports to China to affect 2023 earnings. In a discussion of risks in its annual report, the top supplier of equipment to semiconductor makers outlined how it has already […]
China’s current plan for self-reliance has sparked a sense of competition in the global community. As the world’s second-largest economy and a leader in technological advancement, China’s quest for independence and sovereignty has the potential to shape the future of the global economy and technology. But to truly fulfill its vision of self-reliance, China must […]
U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial intelligence companies from 2015 to 2021, a report showed on Wednesday. The document, released by CSET, a tech policy group at Georgetown University, comes amid growing scrutiny of U.S. investments in AI, Quantum […]
The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions around items for 5G and other technologies for several years, but officials in the U.S. Department of Commerce have granted licenses for some American […]
The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence. Washington wants to deploy more Western mobile phone networks in the subcontinent to counter China’s Huawei Technologies, to welcome more Indian computer chip specialists to […]
The European Commission proposed a plan on Wednesday to try to ensure Europe can compete with the United States as a manufacturing hub for electric vehicles and other green products and reduce its dependence on China. Commission President Ursula von der Leyen announced a loosening of EU state aid rules, a repurposing of existing EU […]
Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing equipment to China, Bloomberg News reported. Talks between the countries will conclude as early as Friday, with the Netherlands restricting ASML Holding NV from selling machines to China used to make certain types of advanced chips, Bloomberg […]