In a meeting U.S. Defense Secretary Patrick Shanahan made it clear that Washington will no longer “tiptoe” around China’s aggressive behavior in Asia. According to four sources familiar with the negotiations between the United States and Taiwan, Washington is pursuing… Read More ›
Taiwan
Shrinking global tech demand drags down Taiwan’s economy
The rollout of 5G in many countries along with newer upgraded models of smartphones could spur exports orders for the island nation. On Monday, data from Taiwan’s Ministry of Economic Affairs showed, its export orders fell for the fifth straight… Read More ›
U.S. to further choke Iran’s oil exports
The shortfall in the global oil pool as a result of this potential fall in supply from Iran, is likely to be met by increased production from Saudi Arabia. On Monday, oil prices surged to $74 a barrel, their highest… Read More ›
The Chinese ‘business model’
There are a growing number of instances where Chinese companies are luring top executives with large sums of money to leak and sell corporate and industrial secrets so that they can set up base in China. Former and past BASF… Read More ›
U.S. moves to protect Taiwan, brushes off Chinese protest
The development underscores U.S. efforts at bolstering Taiwan’s independence and securing its economy, the 7th largest in Asia, from Beijing, which has laid claims on the island as its own. Given the geopolitical scenario in the Korean peninsula, the development… Read More ›
Trump Administration to go ahead with $1.42 billion arm sales to Taiwan
China needs to recognize that its gamble to help North Korea’s nuclear and missile programs in contrast to world opinion will have consequences and this U.S Administration will not shy away from taking punitive action. The Donald Trump Administration is… Read More ›
Donald Trump charters that U.S. out of the TPP
In an increasingly interconnected world, where countries across continents have come together to collaborate and knit closer ties, the move to focus, and concentrate economic resources and energies could turn out to be regressive. In a strategic shift, U.S. President… Read More ›
Antitrust regulators in South Korea fine Qualcomm $854 million for violating antirust laws
Qualcomm’s business model under legal scrutiny from regulators across the globe. In a significant development, South Korea’s antitrust regulator have fined Qualcomm $854 million for unfair business practices related to its patent licensing and modem chip sales. This is the… Read More ›
China flexes economic muscles, reminds Trump of its economic might
Beijing is stating rather bluntly that resetting ties with Taiwan has an economic cost attached. In a tit-for-tat move, Beijing’s China Daily newspaper has quoted a senior state planning official as saying the country will soon slap a penalty on… Read More ›