Chinese e-commerce platform AliExpress is in talks with Dongwon F&B to introduce the Korean food company's products on its platform, increasing engagement with Korean brands to expand its presence here. According to industry sources on Wednesday, the Chinese company has been in contact with several food businesses here, including Dongwon F&B, the South Korean food company renowned for its canned tuna pro.
President Joe Biden s official launch of the first funding opportunity for the CHIPS and Science Act (CHIPS Act) features a set of export controls that include detailed measures to cut China off from importing advanced semiconductors made in any country using U.S.-patented chip equipment.
Chinese President Xi Jinping and the Chinese Communist Party have tightened their grip on power further by approving Xi s third term in office. Xi has already been in power for a decade, a period characterized by growing authoritarianism in the world s second-largest economy.