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Thursday, May 9, 2024
TopicUS-China relations

Topic: US-China relations

China says US policy is driven by McCarthy-Style Paranoia

Bloomberg News -
US-China relations worsened after China imposed a national security law on Hong Kong, prompting the US to revoke trade privileges & threaten sanctions against Chinese officials.

Pentagon names 20 ‘Communist Chinese military companies’ operating in US, sanctions likely

Tony Capaccio -
The list of companies, which includes Huawei, is mandated under the Defense Authorization Act, 1999. No US govt, though, has ever put out the required report.

US imposes curbs on 4 more Chinese media companies amid tensions with Beijing

Nick Wadhams -
Secretary of State Michael Pompeo said in a tweet that he made the move in order to ensure greater transparency of CCP-run operations in the US.

Trump, Biden switch from hailing Xi Jinping to debating who can be tougher on China

Nick Wadhams -
What’s clear on both sides is the demise of the widely held belief that embracing China’s economic rise would yield a more US-friendly Beijing.

Trump says ‘complete decoupling’ from China remains an option

Josh Wingrove -
Trump refuted comments by US trade representative Robert Lighthizer, who said a full decoupling of the two nations was not a reasonable policy option.

Pompeo to meet Yang in Hawaii today as US-China tensions rise

Nick Wadhams -
The meeting comes amid extraordinary strains in US-China ties, given that President Trump has blamed China for the Covid pandemic, which originated in Wuhan.

Trump’s latest blow threatens to hit Huawei where it hurts

Bloomberg News -
Trump’s ban on sale of silicon made with US know-how strikes at heart of Huawei’s aspirations in fields from artificial intelligence to mobile services.

US looks to sell its exclusive Hong Kong property as US-China tensions rise

Shawna Kwan -
The property, which comes with several mansions, is located in Shouson Hill, south of Hong Kong Island, and is valued at $1.3 billion.

Hong Kong’s autonomy is gone, US says, sows doubt about special trading status

Nick Wadhams -
The move could trigger sanctions and jeopardise Hong Kong's role as a leading trade and banking hub.

Why Mukesh Ambani’s Jio could end up profiting from a US-China tech war

Andy Mukherjee -
With US considering sanctions against Chinese firms, now may be the perfect time to pitch Jio & India’s large internet market to American investors.
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Economy

CEA Nageswaran says India’s FY24 growth could hit 8%, but World Bank warns this is ‘above potential’

TCA Sharad Raghavan -
Speaking at an event, World Bank country director Auguste Tano Kouamé said growth above potential would result in high inflation.

Defence

Three Indian Navy ships deployed to South China Sea

Smruti Deshpande -
Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

National Interest

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

Shekhar Gupta -
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.

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