SHANGHAI: Nvidia Corp's US$40 billion acquisition of chip designer Arm is set to catapult it into the fray of geopolitical tensions between Beijing and Washington, analysts and lawyers say. Arm's blueprints for powering chipsets are a critical component for many Chinese smartphone makers and AI firms and China is expected to take a dim view of an American company having so much sway in an industry it has prioritised in its battle for tech supremacy with the United States. "Anything that creates more concentration in the industry to the benefit of a U.S. company, I would think that's not aligned with what China wants, said Art Dicker, director at Shanghai-based R&P China Lawyers. China's State Administration for Market Regulation, which has to give the go ahead for the deal alongside other regulators globally, did not respond to a request for comment. Stewart Randall, who tracks China's chip sector at Shanghai-based consultancy Intralink, said that the acquisition, one of … [Read more...] about Nvidia acquisition of Arm throws company into tech spat between US and China
GENEVA: The United Nations human rights chief said on Monday (Sep 14) she was discussing a possible visit to China's Xinjiang region with Chinese authorities who are facing growing backlash over its treatment of ethnic Uighurs there. "My Office continues to engage with the Chinese Government on the situation in the Xinjiang Uyghur Autonomous Region and the impact on human rights of its policies," UN High Commissioner for Human Rights Michelle Bachelet told a council meeting in Geneva. She also said she was encouraging Hong Kong authorities to monitor closely the enforcement of the national security law and to take steps to review it in response to any possible negative consequences. … [Read more...] about UN rights chief discussing visit to Xinjiang with China
WASHINGTON: The US ambassador to China, Terry Branstad, is stepping down, Secretary of State Mike Pompeo announced on Monday (Sep 14). Thanking Branstad for his service, Pompeo said in a tweet that he had "contributed to rebalancing US-China relations so that it is results-oriented, reciprocal, and fair". The reasons for the ambassador's departure were not immediately clear, and China's Ministry of Foreign Affairs – while acknowledging Pompeo's tweet – said it had not received notice of his resignation. The former two-term Iowa governor, 73, had been in the post since May 2017, representing Washington in Beijing during a period of strained ties with China, marked by tensions over trade, regional territorial claims, the coronavirus pandemic and unrest in Hong Kong. In June, he was summoned by Beijing after President Donald Trump signed a law that paved the way for sanctions over Hong Kong, an action the foreign ministry slammed as "gross interference in China's internal … [Read more...] about Pompeo says US ambassador to China to leave post
SINGAPORE: To understand where we are on the US-China trade war, you need to keep in mind two points. First, both US political parties agree that China’s unfair trade practices and plan to use the power of the state to dominate key sectors of the 21st century (through a Made-in-China 2025 plan) needs to be checked. Second, Donald Trump believes in tariffs. “I am a Tariff Man,” he has said. To think about where we may be going, understand Donald Trump’s primary objective is to get re-elected. However, the political scene in the US is not the only one at play. Just as Mao Zedong worried about challenges to his rule, Xi Jinping also must also keep in mind his politics. With this as background, one can try to understand the dynamics at work in the current installment of the US-China trade war and think about what may be next. THE THINKING IN BOTH COUNTRIES Trump’s tweets seem to indicate that he may have given up on doing a deal with China. “We would be better off … [Read more...] about Commentary: Have the gloves come off in latest US-China trade war saga?
SAINT PAUL, Minnesota: President Joe Biden is so far maintaining his predecessor’s tough China policy, which aims to curb China’s international power both economically and politically. In the US and Europe, China is widely recognised as a rising star that threatens Western power. But my research on the country suggests China may no longer see itself that way. CHINA’S RISE There have been three discrete eras in China’s approach to international relations. After the death of the Communist Chinese leader Mao Zedong in 1976, Mao’s successors, Deng Xiaoping and Jiang Zemin, introduced economic reforms that launched China on a path of phenomenal economic growth. The country rose from 11th to second place in the global GDP rankings between 1990 and 2020. The prevailing view in Western capitals in the 1990s was that China’s economic transformation would inevitably culminate in an affluent, peaceful and democratic country. READ: Commentary: The year China’s rise enters … [Read more...] about Commentary: Major countries are concerned about implications of China’s rise. So is China