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White House moving closer to imposing total ban on sale of American tech to Chinese company
Also in today’s newsletter, interest rates set for 15-year highs and Twitter pays first $300mn interest bill
Proponents of business as usual and the new cold warriors are too confident of their ability to predict the future
China is vital market for lower-tech chip machinery makers such as Nikon and Tokyo Electron
Semiconductor manufacturer fears impact of escalating US-China tech war
Liu He mounts pitch for country’s reopening at private World Economic Forum lunch
Beijing and Washington try to counter fears with first meeting of two most senior economic officials in three years
The suspicion is that President Biden’s competition imperative will take precedence over his co-operative one
World Economic Forum delegates fear that a long period of peace and economic integration could be coming to a close
Deterrence and trade will have to go hand in hand
Major powers have realised the critical importance of semiconductors to the global economy
Chief says Japanese group will study shifting its battery materials supply chain
Rising inequality, Covid and war in Ukraine have led to growing support for localisation
iPhone maker aims to have ‘out of China’ production alternatives for crucial products
Smuggling boom suggests ban will complicate but not halt the flow of technology, while raising prices for all
There are wider concerns about Chinese-exposed tech that ought to be preoccupying policymakers and investors
Companies added to trade blacklist previously flew under the radar
The proportion of workers sick or absent in factories across China will be similar to numbers now being seen at financial groups in Beijing
Business hopes symbolic meeting will help restore one of region’s biggest trading relationships
‘Entity list’ changes are focused on limiting development of advanced chips in China
Inclusion of less well-known group could have biggest impact on Beijing’s technological ambitions
YMTC and others may go on ‘entity list’ as early as this week
Beijing says move necessary to defend ‘legitimate rights’ in response to Washington’s semiconductor controls
Sony and NEC executives say progress may be slowed but China will remain a force in AI and other areas
Saudi Arabia says maintaining ties with both Beijing and Washington is not ‘a zero-sum game’
International Edition
