Latest news with #decoupling
New York Times
29-05-2025
- Business
- New York Times
Trump Makes a New Push to ‘Decouple' U.S. From China
The Trump administration has threatened to revoke the visas of many of the 277,000 or so Chinese students in the United States and to subject future applicants from China, including Hong Kong, to extra scrutiny. Cargo ships laden with goods from China stopped coming into American ports earlier this spring as President Trump escalated his trade war against Beijing. And the Trump administration is suspending sales of some critical U.S. technologies to China, including those related to jet engines, semiconductors and certain chemicals and machinery. Taken together, the actions by the Trump administration amount to an aggressive campaign to 'decouple' the United States from China, as it seeks to break the close commercial ties between the world's two largest economies and toss away what had been the anchor of the relations between the nations for decades. Aggressive decoupling would bolster American security, from the perspective of Mr. Trump and his aides. And it would also accelerate a trend toward each power being entrenched in its own regional sphere of influence. Officials in the first Trump administration spoke of the need to decouple from China, with the view that economic and educational ties across many fields equated to a national security threat. But while the efforts reframed the relationship as one of competition rather than cooperation, the volume of trade remained high, even through the pandemic. Want all of The Times? Subscribe.
Yahoo
24-05-2025
- Business
- Yahoo
Linear Capital's Wang on Investment Strategy
Harry Wang, founder and CEO of Linear Capital, says he sees a complete decoupling between China and the US in technology, and shares more on his investment strategy in the Chinese tech sector. He speaks with Annabelle Droulers on the sidelines of the BEYOND Expo in Macau on "Insights with Haslinda Amin'. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
23-05-2025
- Business
- Bloomberg
Linear Capital's Wang on Investment Strategy
Harry Wang, founder and CEO of Linear Capital, says he sees a complete decoupling between China and the US in technology, and shares more on his investment strategy in the Chinese tech sector. He speaks with Annabelle Droulers on the sidelines of the BEYOND Expo in Macau on "Insights with Haslinda Amin'. (Source: Bloomberg)
South China Morning Post
15-05-2025
- Business
- South China Morning Post
Beijing is a ‘red line': Hungary vows it won't decouple from China if pushed by Trump
Decoupling from China is a 'red line' in Hungary's relations with the United States, a deputy minister has said, in rare remarks clarifying Budapest's thinking on its close ties with both superpowers. Hungarian Prime Minister Viktor Orban has spent years cementing his position as Europe's most pro-Trump and pro-China leader. With the US government now suggesting that its allies must choose between the two, many speculate that Budapest could find itself in an awkward position. 'Definitely not. That's a red line for us, we're having excellent trade relations with China, and China has become one of the biggest investors in Hungary,' said Levente Magyar, a deputy minister for foreign affairs and trade, when asked in Brussels on Thursday if Hungary was willing to decouple from China, 'if that's what Trump wants'. 03:51 China and Hungary hail 'all-weather' partnership as Xi Jinping gets red carpet treatment in Budapest China and Hungary hail 'all-weather' partnership as Xi Jinping gets red carpet treatment in Budapest The official pointed to a swathe of Chinese investment in Hungary , with research showing that 44 per cent of capital pumped into Europe in 2023 went into the country, allowing it to overtake Germany, France and Britain as the most popular destination for Chinese funds. 'We are highly over-represented, considering our population and the size of our economy. So Hungary is benefiting from these very intensive Chinese economic and trade relations. We're not willing to give that up,' Magyar said. EU officials have long wondered how Orban would thread the needle as superpower hostilities escalated. Several of Trump's aides have said they want to cut Beijing out of global supply chains, and will lean on American allies to do so. 'Eventually, [Orban] will have to make a choice,' a senior EU official told the South China Morning Post after last year's US election. 'It's Trump or China. We don't know which one he would choose.' Big Chinese companies such as CATL, the global leader in batteries, and BYD, the world's biggest EV maker, have invested heavily in the central European country. CATL's €7.3 billion (US$7.8 billion) plant in the eastern city of Debrecen is expected to start production this year. BYD's Hungarian facility is also set to start producing EVs this year.
