Reports of globalization's death are premature, according to a new study by researchers at the University of Waterloo, the University of British Columbia and the China Europe International Business School in Shanghai.
The African Country like Congo has the largest deposit of these crucial resources and China dominates the world's supply and refinement chain of these minerals. The VOA report claimed that the US is trying to reduce its control in this scenario.
The US Senators also stated that their bill would allow President Joe Biden to offer rapid economic support to foreign partners targeted by economic coercion and to punish perpetrators of economic coercion by strengthening trade and commerce ties with smaller economies that appear to be targ
The Commerce Department added five Chinese companies and one research institute to its so-called entity list, which will prevent companies from selling them American parts and technologies without a special license.
By participating in the patent litigation cases brought before the courts of the US, EU, and other jurisdictions, Chinese courts are shown to be supporting their own companies' intellectual theft, Voices Against Autocracy reported.
According to The Hong Kong Post, if China does not work toward repairing the relations, the episode may even endanger the meeting between President Joe Biden and President Xi Jinping that is being planned in Indonesia this November.
Biden while delivering his first major speech to a divided Congress after Republicans took control of the House of Representatives, said, "If China threatens our sovereignty, we will act to protect our country. Let's be clear, winning the competition with China should unite all of us. We
A high-altitude balloon from China carrying a payload the size of three coach buses equipped with what American officials have described as surveillance equipment was spotted over the continental US, visibly hovering above a state with key military assets and ultimately sparking an internati