A senior Chinese economist at a government research group called on authorities to seize Taiwan’s TSMC if the US hits China with sanctions on par with those levelled against Russia.
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The US is considering imposing new sanctions on Hikvision for violations of human rights, potentially the harshest measures so far against a major Chinese company.
The US is moving towards imposing sanctions on Chinese video surveillance company Hikvision, the Financial Times reported on Wednesday.
The US and about 60 other nations on Thursday signed a political commitment to push rules for the Internet that are underpinned by democratic values. South Africa was conspicuous by its absence.
Democratic US senators introduced a bill on Thursday that would enable the president to sanction foreign cryptocurrency firms doing business with sanctioned Russian entities.
Semiconductors are becoming “weaponised” with the current trade wars and supply chain issues.
US President Joe Biden has signed an executive order requiring the government to assess the cryptocurrency space.
The US on Thursday restricted exports to Russia of a broad set of US-made products as well as foreign-produced goods built with US technology.
Apple shares hit a record high on Monday amid its longest rally in months.
The rand hit a new 12-month low in early trade on Tuesday, as the dollar jumped on bets for quicker interest rate increases in the US.