Xi’s message to Trump sets tone for geopolitical rematch between powerful leaders

Xi’s message to Trump sets tone for geopolitical rematch between powerful leaders

Chinese President Xi Jinping congratulated Donald Trump on his sweeping victory in the US presidential election, setting the tone for a geopolitical rematch between the two most powerful leaders in the world. Xi told Trump on Thursday that China and the US would “benefit from cooperation and lose from confrontation”, official news agency Xinhua reported….

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US to ban outbound investments in China’s chips, AI over national security

US to ban outbound investments in China’s chips, AI over national security

The US will ban outbound investments in China’s semiconductors, quantum technologies and artificial intelligence from January 2 if they are deemed to threaten American national security, a key move in the Biden administration’s efforts to address concerns about the mainland’s progress in advanced technologies. The US Treasury released final rules on Monday to prohibit engagement…

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