The United States is implementing several measures to promote the “de-Chinaization” of the global supply chain to address unfair competitive practices by the Chinese Communist Party (CCP), according to Japanese commentator Ji Lin. Another notable development in this regard is the unanimous approval of the “Ending China’s Developing Nation Status Act” by the U.S. Senate…
US Aims to Shift Supply Chain Away From China
June 18, 2023
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Business & MarketsChina NewsChina’s Supply ChainIndo-Pacific Economic Framework IPEFIPEFSupply Chain shiftUS-China relations
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ANALYSIS: US Aims to Shift Supply Chain Away From China
June 18, 2023
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Business & MarketsChina NewsChina’s Supply ChainIndo-Pacific Economic Framework IPEFIPEFSupply Chain shiftUS-China relations
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The United States is implementing several measures to promote the “de-Chinaization” of the global supply chain to address unfair competitive practices by the Chinese Communist Party (CCP), according to Japanese commentator Ji Lin. Another notable development in this regard is the unanimous approval of the “Ending China’s Developing Nation Status Act” by the U.S. Senate…
China’s No.3 Offical Visits South Korea Amid Intensified US-China Strategic Rivalry
September 22, 2022
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Asia & PacificCCPChinachipChip 4 alliancecritical mineralsIndo-Pacific Economic FrameworkInternational RelationsIPEFJapanLi ZhanshuMinerals Security Partnership (MSP)semiconductorSouth KoreaTaiwanTHAADUS-China relationsWorldYoon Seok-yeol
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South Korea is a technological powerhouse and a key part of the global supply chain. It’s now also caught in the intensified strategic rivalry between the United States and China. Both superpowers are wanting the East Asian nation to pick a side. Following many visits from top U.S. officials, Beijing last week sent Li Zhanshu,…
Team Biden’s New Plans for Asian Engagement
Commentary President Joe Biden took advantage of his first Asia trip to announce a so-called Indo-Pacific Economic Framework (IPEF). He floated the idea to an assembly of 12 nations from the region, notably not including China and Taiwan. The White House heralded the president’s visit and the announcement as indicative of America’s return to Asian…
US Counters China With Indo-Pacific Economic Framework
Commentary The Indo-Pacific Economic Framework is America’s way of “presenting Indo-Pacific countries an alternative to China’s approach,” said U.S. Secretary of Commerce Gina Raimondo, as reported by CNBC on May 25. Joe Biden made his first trip to Asia on May 20–24 since assuming the presidency. On this visit, Biden inaugurated the Indo-Pacific Economic Framework…
US Plays ‘Essential Role’ in Ensuring Peace and Stability in Asia: Singapore PM
The United States still plays an irreplaceable role in ensuring peace and stability in Asia, but most Asian countries prefer not to choose sides, Singapore Prime Minister Lee Hsien Loong said at a regional annual conference in Tokyo, Japan. At the “Future of Asia” conference organized by Nikkei and the Japan Center for Economic Research…
Biden Wraps Visit to South Korea, Highlights Hyundai’s Major US Investment Pledge
May 23, 2022
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Asia & PacificbidenBusiness & EconomyCompanieseconomyEDSCGExecutive BranchGeorgiaHyundaiInvestmentIPEFPolicies & ImpactsPoliticssemiconductorSouth KoreaUSWorldYoon Suk-yeol
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President Joe Biden wrapped up his South Korea visit by highlighting Hyundai Motor’s pledge to invest at least $10 billion in electric vehicles and related technologies in the United States. The three-day Biden-Yoon summit tended to various business and security interests, from supply chains to North Korea. On Sunday, May 22, the last day of…
First Biden-Yoon Summit Discusses North Korea, Supply Chains, and Security
May 21, 2022
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Asia & PacificChinaEDSCGIndo-PacificIPEFJoe BidenNorth KoreaSamsungsemiconductorsummitUSWorldYoon Suk-yeol
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President Joe Biden, on Friday, landed in South Korea on his first trip to Asia since taking office. The five-day itinerary, which will also take him to Japan, aims to strengthen Indo-Pacific alliances to counter Chinese influence. After touching down in Seoul, Biden first toured Samsung’s chip complex in Pyeongtaek, accompanied by the new South…
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