No need for one state to control chip industry: Taiwan

Taiwan’s top technology official Wu Cheng-wen said there is no need for a single country to control the semiconductor industry. He made the comments after US President-elect Donald Trump criticized Taiwan for its dominance in the chip industry. Wu Cheng-wen said the semiconductor industry is very complex and requires the division of labor and expertise […]

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Hong Kong will file complaint to WTO on US tariffs, official says

Hong Kong will file a complaint on recent US tariffs imposed on the city to the World Trade Organization, claiming the US has completely ignored the city’s status as a separate customs territory, chief secretary Eric Chan said on Tuesday (11 February). “This is absolutely inconsistent with the WTO rules. Of course, they have totally […]

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China’s Xi holds rare meet with business leaders amid US tech rivalry

President Xi Jinping held a rare meeting on Monday with some of the biggest names in China’s technology sector, such as Alibaba founder Jack Ma, urging them to “show their talent” and be confident in the power of China’s model and market. The tightly choreographed pro-business rally, a turnaround in Beijing’s approach to its tech […]

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China’s central bank governor says stable yuan key to global financial stability

China’s central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market play a decisive role in deciding the exchange rate. People’s Bank of China Governor Pan Gongsheng told a conference in Saudi Arabia that while most currencies have […]

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China condemns sailing of Canadian warship in Taiwan Strait

China’s military on Monday condemned the sailing of a Canadian warship in the Taiwan Strait, saying its air and naval forces had monitored and warned the ship. Canada’s actions “deliberately stirred up trouble” and undermined peace and stability in the strait, the People’s Liberation Army’s Eastern Theatre Command said in a statement.

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Rubio says U.S. wants stable relationship with South Korea, South Korean ministry says

U.S. Secretary of State Marco Rubio told South Korea’s Foreign Minister that the United States wants to maintain a stable trust relationship with South Korea regardless of the domestic situation of either country, the South Korean ministry said in a statement on Friday. Rubio and South Korean Foreign Minister Cho Tae-yul agreed in a meeting […]

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China will ‘play along to the end’ with U.S., its top diplomat says

Chinese Foreign Minister Wang Yi said on Friday that China will “play along to the end” if the United States is bent on suppressing the country even though Beijing does not wish to be in conflict with Washington. Wang, speaking at the Munich Security Conference, said China would respond resolutely to unilateral “bullying” practices, but […]

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US ships pass through Taiwan Strait for first time since Trump took office

Two US Navy ships transited the Taiwan Strait this week, the first time a US ship has sailed through the Taiwan Strait since Donald Trump took office. China has reacted sharply to the presence of US ships in the Taiwan Strait, which Beijing says poses a security risk. The US Navy sometimes accompanies allied ships […]

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Trump’s Gaza ‘occupation’ proposal ‘ridiculous’: North Korea

North Korea’s state media has condemned US President Donald Trump’s proposal to “occupy” Gaza as “ridiculous”, the North’s state news agency Korean Central News Agency (KCNA) said in a commentary on Wednesday (February 12) without directly mentioning Trump by name, saying that the proposal was destroying the Palestinians’ faint hope for security and peace. The […]

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Trump wants China to mediate to restore peace in Ukraine, what does Beijing want?

Who can play an important role in resolving the Ukraine crisis, which is entering its fourth year? — US President Donald Trump has made his position clear on this issue. According to him, Chinese President Xi Jinping, an ally of Russian President Vladimir Putin, can help resolve this crisis. In a report published on Wednesday, […]

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