China issued a 24-point guideline for improving the climate for foreign investment and attracting more funds. Dr. John Gong, professor of economics at the University of International Business and Economics in Beijing and a China Forum expert believes that it’s a timely measure which could prove successful.
China's cyberspace regulator said on May 21 that Micron, the biggest U.S. memory chip maker, had failed its network security review and that it would block operators of key infrastructure from buying from the company, prompting it to predict a revenue reduction.
At the G7 summit in Hiroshima, leaders of the world’s wealthiest democracies said that they need to de-risk and not decouple from China. It means reducing Beijing’s control of global supply chains but not isolating it completely