Modest expectations from India-US Trade Policy Forum meeting: Experts

Modest expectations from India-US Trade Policy Forum meeting: Experts

The crucial India-US Trade Policy Forum meeting is unlikely to make much progress, given the sharp differences, but would hopefully ignite trade talks between the world’s two largest democracies, according to eminent trade experts. Minister of Commerce and Industry Piyush Goyal, who is in the US on an official visit, held a series of meetings … Read more

China summons chip firms for emergency talks after US curbs

China summons chip firms for emergency talks after US curbs

China’s top technology overseer convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the Biden administration’s sweeping chip restrictions and pledging support for the critical sector. The Ministry of Industry and Information Technology has summoned executives from firms including Yangtze Memory Technologies Co. and … Read more

US Blacklists Chipmaker SMIC, Drone Company DJI Among Other Chinese Firms

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The United States added dozens of Chinese companies, including the country’s top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology, to a trade blacklist on Friday as US President Donald Trump’s administration ratchets up tensions with China in his final weeks in office. Reuters first reported the addition of SMIC and other companies earlier on … Read more