Day: October 12, 2022

We Are Suddenly Taking On China and Russia at the Same Time

Chin@Strategy

This last rule is huge, because the most advanced semiconductors are made by what I call “a complex adaptive coalition” of companies from America to Europe to Asia. Think of it this way: AMD, Qualcomm, Intel, Apple and Nvidia excel at the design of chips that have billions of transistors packed together ever more tightly to produce the processing power they are seeking. Synopsys and Cadence create sophisticated computer-aided design tools and software on which chip makers actually draw up their newest ideas. Applied Materials creates and modifies the materials…

US will soon need to deter two major nuclear powers for first time, White House says

Chin@Strategy

Within a decade, the US will need to deter two major nuclear weapons powers for the first time, the Biden administrationhas warned, pointing to the Russian arsenal that is increasingly being brandished by Moscow and an expanding Chinese stockpile. The president’s new national security strategy (NSS) depicts China as the most capable long-term competitor, but Russia as the more immediate, disruptive threat, pointing to its nuclear posturing over Ukraine. It warns that threat could grow as Russian forces continue to suffer defeats on the battlefield. “Russia’s conventional military will have…

The Guardian view on North Korea’s missile tests: growing risks, reduced response | Editorial

Chin@Strategy

The details vary, but the pattern is immediately recognisable: a volley of missiles, followed by chilling new rhetoric. This time, North Korean state media said the recent flurry of tests simulated strikes on South Korean and US targets with tactical nuclear weapons. It is likely to conduct a seventh nuclear test soon. Pyongyang is not about to reduce Seoul or San Francisco to a sea of ashes: the leadership is not suicidal. But its capabilities are steadily growing; and so are the risks of missteps, perhaps especially in light of…

Seventh Plenum Sends ‘Stay the Course’ Signal Ahead of 20th Party Congress

Chin@Strategy

Advertisement From October 9 to 12, the 19th Central Committee of the Chinese Communist Party (CCP) held its seventh and final plenary session in the lead up to the 20th National Congress of the CCP, where a new Central Committee will be appointed. At the session, the 19th Central Committee approved CCP General Secretary Xi Jinping’s work report, which will be delivered at the 20th Party Congress. It also approved the draft of unspecified amendments to the CCP constitution, which will be submitted to the 20th Party Congress to be…

Shanghai says water supplies ‘normal’ after shortage scare sparks hoarding

Chin@Strategy

A wave of panic buying has swept Shanghai in recent days, as rumours swirled of drinking water shortages despite assurances from local authorities that supplies remained normal. Record-breaking droughts in China dried up parts of the Yangtze River, and prompted saltwater intrusions into the estuary and depleted reservoirs feeding Shanghai, which sits at the mouth of the crucial river. Caixin media reported on Tuesday that Shanghai authorities had taken emergency measures to secure water supply after the intrusions contaminated two of Shanghai’s four primary reservoirs and forced their temporary closure.…