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Exclusive-China's top chipmaker has supplied chipmaking tech to Iran military, US officials say
By Steve Holland and Alexandra Alper WASHINGTON, March 26 (Reuters) - SMIC, China's largest chipmaker, has sent chipmaking tools to Iran's military, two senior Trump administration officials said on Thursday,
Cargo ship and tanker traffic to and from the Persian Gulf has been virtually halted for four weeks.
China’s long-awaited shift toward reflation may finally be near, raising hopes it can revive corporate earnings and spur gains in stocks.
HONG KONG, March 27 (Reuters) - China is willing to strengthen economic and trade cooperation with the United States, its Commerce Minister Wang Wentao said during a meeting with U.S. Trade Representative Jamieson Greer,
Joseph M. Humire, acting assistant secretary of War for Homeland Defense and Americas Security Affairs, explains the Trump administration's strategy for the Western Hemisphere.
China's 15th five-year plan targets futuristic technologies including flying taxis, fusion power, quantum computing and brain-computer interfaces by 2030.
The Trump administration said the Middle East would “recede” in importance as the China challenge took priority. But the president started the war in Iran.
One Chinese and two U.S. citizens have been charged of conspiring to commit smuggling and export control violations after they attempted to order servers containing controlled chips for export to
The officials said SMIC, which had been heavily sanctioned by the U.S. government over alleged ties to the Chinese military, began sending the tools to Iran roughly a year ago.
Chinese Commerce Minister Wang Wentao raised “serious concerns” with US Trade Representative Jamieson Greer over new trade investigations, even as both sides signal a desire to stabilize relations before an expected presidential summit.