The multi-edged weapon to protect America’s chipmaking lead over China
The recently passed Chips and Science Act is designed to weaken China's chipmaking capabilities and give the US greater influence in the global semiconductor industry.
The recently passed Chips and Science Act is designed to weaken China's chipmaking capabilities and give the US greater influence in the global semiconductor industry.
"The move is extremely egregious in nature and the consequences are extremely serious. China will not sit idly by," noted Chinese vice-foreign minister Xie Feng.
Mrs Pelosi said in a statement that her visit was one of several congressional delegations to Taiwan, and "in no way contradicts longstanding United States policy".
The People's Liberation Army has already conducted several live-fire exercises over the past several days.
While the South Korean ministry did not provide an official comment regarding Pelosi’s possible visit to Taiwan, the ministry said it still supports peace and stability in…
The two defense chiefs will also exchange views on North Korea issues and discuss how to coordinate in enforcing sanctions on North Korea.
The visit is the first official visit to Taiwan by a Speaker of the United States House of Representatives in 25 years.
Foreign Minister Retno LP Marsudi noted concerns from other Asean countries that any additional pressure could prove unproductive.
Asean has barred the Myanmar junta from joining its meetings due to its lack of progress in implementing the peace plan its generals agreed to last year.
A total of five countries – South Korea, Australia, Canada, Japan, and the US – will participate in the multilateral exercise.