VENTURE CAPITAL POST

China has expressed willingness to work with US dairy companies that would like to expand their business in the Chinese market.

The United States (US) is investigating China Mobile, China Telecom, and China Unicom over data misuse concerns.

Chinese companies are optimistic about global trade, posing challenges to complete separation, especially as European firms, notably Germany, Spain, and France, express confidence in expanding their presence in China.

The IMF is urging the US to maintain its open trade system instead of imposing new punitive duties on goods from China.

Analysts believe a full-blown trade war is unlikely as both sides show reluctance to escalate tensions, although some retaliatory measures from China are anticipated.

President Biden has announced massive tariff increases on Chinese-made electric cars, solar panels, steel, and other goods to counter unfair trade practices and protect American jobs. Electric vehicle tariffs will rise from 25% to 100%, and solar cell tariffs will increase from 25% to 50%.

The Biden administration ordered a Chinese-backed cryptocurrency mining company to sell its land near a Wyoming nuclear missile base due to national security after the US Committee on Foreign Investment in the United States (CFIUS) investigation.

Chinese physicists raise concerns over US trade restrictions impacting quantum research, with 22 entities, including Origin Quantum Computing Technology, facing limitations.

President Biden's administration plans to announce new tariffs on China, focusing on industries like electric vehicles, batteries, and solar cells, continuing the economic competition between the two nations.

Differences between Western nations led by the U.S. and China-aligned economic blocs threaten global trade cooperation and economic growth, as a top IMF official warned. Escalating tensions between Washington and Beijing could potentially cost the world's GDP up to 7%.

US Secretary of State Antony Blinken has emphasized the importance of fair treatment for American businesses during his visit to China.

The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.

President Joe Biden and China's President Xi Jinping clashed in a telephone call on Tuesday about US restrictions on high-technology exports.

The US is anticipated to intensify restrictions on China amid a potential TikTok ban in the country.

The United States (US) is reportedly considering imposing sanctions on Chinese companies suspected of helping Russia in its war in Ukraine.