Tag: United States

Senate Committee Backs Bill to Deepen U.S. Economic Ties With Taiwan

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The Senate Finance Committee on Thursday passed a bill that would deepen economic ties between the United States and Taiwan and effectively create a tax treaty that is expected to pave the way for more Taiwanese investment in the American semiconductor industry. The effort by Congress could inflame tensions between the United States and China at a time when the Biden administration has been working to stabilize the relationship. President Biden dispatched three cabinet officials to Beijing this summer to improve dialogue between the world’s two largest economies. In a…

Chinese Warnings on iPhones Tap Deep Strain of Security Concerns

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China has discouraged the use of foreign-made electronic devices by government officials for a decade. It has told agencies and state-owned companies to replace American computer servers and other devices with domestic ones. And officials frequently show off to Americans their phones made by Huawei, China’s cellphone giant. Now, some employees of government agencies said they have received directives not to use Apple iPhones for work. Internet users in China also have been circulating accounts and screenshots said to contain notices to government employees and state-owned businesses ordering or urging…

China Is Full of Risk For U.S. Companies

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For decades, America’s corporate chieftains saw China as a money spinner. They gushed about its hundreds of millions of consumers, called it “one of the biggest opportunities” and made predictions that this would be “China’s century.” Now, those executives have come away from recent visits to the country with a more sober view. Western companies doing business in China are facing pressures that were unimaginable several years ago. The country’s economy is floundering and its relationship with the United States is strained. Three years of border restrictions and an effective…

U.S. Seized Iranian Oil Over Smuggling Incident That Escalated Tensions in Gulf

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The United States government has seized nearly one million barrels of Iranian crude oil that it says was being smuggled to China in violation of U.S. sanctions against Iran, after it raised the threat of prosecution to get the tanker brought to American waters, newly unsealed court papers show. The seizure of the oil from the vessel, the M/T Suez Rajan, is part of a larger and shadowy conflict with Iran. After the tanker began to steam toward the United States last spring, Iran’s Revolutionary Guards Corps seized two oil…

China’s Leader, Xi Jinping, Set to Skip G20 Summit in Snub to India

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China indicated on Monday that its top leader, Xi Jinping, will skip the Group of 20 summit meeting in New Delhi this weekend, dealing a blow to India, the event’s host nation, and raising questions about Mr. Xi’s profile as a global statesman. China will send the premier, Li Qiang, to the event, said Mao Ning, a spokeswoman for China’s Foreign Ministry, at a news briefing. Ms. Mao declined to explain the reason for the decision and refused to answer questions about Mr. Xi. The Chinese leader has never missed…

Is It Time to Negotiate With Putin?

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Listen to and follow ‘Matter of Opinion’Apple Podcasts | Spotify | Amazon Music It’s been 18 months since Russia invaded Ukraine. No true negotiations have happened. As the stalemate continues, what role should the United States play in the fight? This week on “Matter of Opinion,” the hosts discuss how the war is playing out at home and why the G.O.P. seems more interested in invading Mexico than defending Ukraine. Plus, a trip back in time to a magical land of sorcerers and “Yo! MTV Raps.” (A full transcript of…

The U.S. and China Are Talking Again. Where It Will Lead Is Unclear.

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When Gina Raimondo, the commerce secretary, visited China this week, she joined a long line of U.S. politicians who have come to the country to try to sway Chinese officials to open their market to foreign businesses and buy more American exports, in addition to other goals. Ms. Raimondo left Shanghai on Wednesday night with no concrete commitments from China to treat foreign businesses more equitably or step up purchases of Boeing jets, Iowa corn or other products. In a farewell news conference, she said that hoping for such an…

Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem

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The United States has spent the past five years pushing to reduce its reliance on China for computer chips, solar panels and various consumer imports amid growing concern over Beijing’s security threats, human rights record and dominance of critical industries. But even as policymakers and corporate executives look for ways to cut ties with China, a growing body of evidence suggests that the world’s largest economies remain deeply intertwined as Chinese products make their way to America through other countries. New and forthcoming economic papers call into question whether the…

U.S. Commerce Secretary Faces a Wide Range of Issues in China

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Gina Raimondo, the secretary of commerce, who arrived in Beijing on Sunday, is the latest Biden administration emissary seeking to stabilize ties between the world’s two largest economies. The fourth senior U.S. official to travel to China in less than three months, Ms. Raimondo is taking her trip at a critical juncture. Relations between the countries are strained, partly because the United States has clamped down on China’s access to technology that could aid its military. China’s economy also appears to be slowing, and Beijing has been trying to woo…

Commerce Secretary Gina Raimondo to Visit China Next Week

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Gina Raimondo, the secretary of commerce, will travel to Beijing and Shanghai for a series of meetings next week, becoming the latest Biden official to visit China as the United States seeks to stabilize the relationship between the countries. Ms. Raimondo will meet with senior Chinese officials and American business leaders between Aug. 27 and Aug. 30, the Department of Commerce said in an announcement Tuesday. The department said that Ms. Raimondo was looking forward to “constructive discussions on issues relating to the U.S.-China commercial relationship, challenges faced by U.S.…