USA

US China new

US and China one step closer to strengthening diplomatic ties

White House National Security Advisor Jake Sullivan and Chinese Foreign Minister Wang Yi met this weekend in Malta. The aim is to pave the way for a meeting between Presidents Joe Biden and Xi Jinping expected to take place in November. The two governors may have the opportunity to meet at the Asia-Pacific Economic Cooperation Forum in San Francisco. The Chinese minister said the two sides had agreed to hold…


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US limits American investment in Chinese tech companies

BancaMarch| US President Joe Biden on Wednesday signed an executive order that effectively limits US investment in several Chinese tech firms. According to Biden, China’s strategy facilitates and supports “advances in sensitive technologies and products that are critical to the military, intelligence, surveillance or cyber capabilities of other countries”. The ban is limited to three key sectors of the Asian giant: semiconductors, quantum computing and artificial intelligence. At the same…