in computing, it will try to apply those to intelligence capability then to military systems, since that s what all great powers have tended to do in the past. linghao, if i can bring you in, how are the us efforts to try and prevent china from advancing and chip technology affecting chinese companies? i think the most famous example is huawei, right? the company was cut off from getting advanced chips for a smartphone. and to give you a bit of context, like how impactful that was, at that time, huawei was the second largest smartphone maker in the world, after samsung. but now, huawei s smartphone business is essentially dead. so that sjust, you know, how easy it was for washington to cripple a chinese tech company. if you look at the latest us export controls, that is the most aggressive actions that from the us the world has seen. previously the us was targeting individual chinese companies, but this time the scope has expanded to the entire country. beijing has gone to th
Welcome to day break australia. Im haidi here with paul. Paul jay powell reinforcing the feds wait and see approach. Oil extending its rally after opec plus sticks with current supply goods. Haidi taiwans chipmakers are set to resume work after an earthquake caused maim damage. Paul lets look at howie shaping up for this thursday in the asia pacific we have just opened for trade in australia, in the early going, just higher by a few points at the moment. Well keep and eye on a few stocks today. Rio tinto, after the Sovereign Wealth Fund expressed concern about the deforestation impact of a bauxite mine in brazil. Gold topping 2,300 an ounce for the first time. Not a lot of movement in yields at the moment. Dewid see yields in the u. S. Slipping a lit a. F. L. Jay powells q a following his remarks. Well get to that in a moment they have aussie a bit of a bep fishery from rare u. S. Dollar weakness, 65. 66 at the moment. Lets take a look at how were doing for japan. Futures right now a l
And is expected to meet National Security adviserjake sullivan. Blinken told the Un Security Council on tuesday that he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to resolve disagreements on other issues, including trade. Earlier this week, beijing restricted the exports of graphite, of which it produces 90 of the worlds supply. Graphite is a Critical Metal used in many products including electric cars. The us responded by advising its top tech firms which included nvidia to stop exporting some of their latest ai products to china. Soaring demand for its chips has driven nvidias share price up by more than 200 over the past year, with china being its leading buyer. Joining me now is rory green, chief china economist, and head of asia research, at ts lombard. Thanks for being with us today. What you expect to come out of these talks . ,. ,. , you expect to come out of these ta
Those rent increases which some of you have mentioned this morning talking about the rent. We will reconvene. The chair recognizes mr. Keating. Thank you, esther chairman. I would like to think the secretary for his extraordinary efforts, the travel and the stress and everything that has been involved. Not just you but your staff and other members of the cabinet have been extraordinary. I want to center on ukraine for the focus of my attention. The war that begin in 2014, six years before joe biden became president of the United States. It was one that as the war escalated while he was president , he put together a coalition of 56 Different Countries dealing with the Defense Group working to in conjunction with all of our allies and the nato allies in particular. The 32 nato allies expanded under his watch as well. I would like to talk about, a few weeks ago i was in ukraine. I spoke with the ministry of defense there. I saw the impact of the six month delay that occurred in this congr
Things stand right now i do not see that coming to a conclusion in the nearterm. There is just not consensus on in burlington 64 and some of those rent increases which some of you have mentioned this morning talking about the rent. We will reconvene. The chair recognizes mr. Keating. Thank you, esther chairman. I would like to think the secretary for his extraordinary efforts, the travel and the stress and everything that has been involved. Not just you but your staff and other members of the cabinet have been extraordinary. I want to center on ukraine for the focus of my attention. The war that begin in 2014, six years before joe biden became president of the United States. It was one that as the war escalated while he was president , he put together a coalition of 56 Different Countries dealing with the Defense Group working to in conjunction with all of our allies and the nato allies in particular. The 32 nato allies expanded under his watch as well. I would like to talk about, a fe