US Federal Reserve in high-wire rate decision

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The Federal Reserve faces a pivotal decision on March 22, 2023: whether to continue its aggressive fight against inflation or put it on hold. Making another big interest rate hike would risk exacerbating the global banking turmoil sparked by Silicon Valley Bank’s failure on March 10. Raising rates too little, or not at all as […]Continue Reading

AUKUS a hard nuke sale in next door SE Asia

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MANILA – “I would say, ‘Do you need to be contained? Are you expanding? Are you an expansionist power?’ To a very great extent, the United States was the champion for China’s rise. And in no way are we seeking to contain China. But we are seeking for them to play by the rules,” said […]Continue Reading

China should step up its game on Law of the Sea 

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As Xi Jinping begins his unprecedented third term as president of China, he has urged his country to fight back against US-led effort to embarrass, isolate, contain and suppress his country. As a follow-up, in his first press conference, new Foreign Minister Qin Gang said he wants China to be the champion of the developing world and […]Continue Reading

China gives chipmakers easier subsidy access to help guide industry recovery: Report

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China is facilitating easier access to subsidies and more control over state-backed research for a handful of its chip companies, the Financial Times reported on Tuesday (Mar 21). Chipmakers such as Semiconductor Manufacturing International (SMIC), Hua Hong Semiconductor and Huawei, as well as equipment suppliers like Naura and Advanced Micro-FabricationContinue Reading