Tag: China

President Biden signed an executive order that will restrict US investments in Chinese companies that are involved in sensitive technologies, such as artificial intelligence, quantum computing, and semiconductors. The order is part of Biden's broader efforts to counter China's growing technological prowess. The order is expected to have a significant impact on US-China relations and is a significant escalation of the US-China technology war.

India's imports from China rose across 25 major commodity groups in FY2023, driven by China's low cost of production, strong manufacturing base, and proximity to India. The increase in imports is likely to have a number of implications for India, including a trade deficit with China, job losses in some domestic industries, a boost to India's economy, and technology transfer.