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People's Republic of China

People's Republic of China

Government Ministry

Appears in 2 stories

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America's semiconductor reshoring bet

Money Moves

China's diplomatic agency, which considers Taiwan part of Chinese territory and opposes formal US-Taiwan agreements. - Opposing US-Taiwan agreements

The United States produced 37% of the world's semiconductors in 1990, but by 2024 that share had fallen below 10%, with Taiwan manufacturing over 90% of the most advanced chips. A $500 billion US-Taiwan trade framework, initiated with a January 16, 2026 memorandum and formally signed February 12, commits Taiwanese firms to $250 billion in direct US investments plus $250 billion in credit guarantees for semiconductors, AI, and energy in exchange for 15% tariffs (down from 20%).

Updated Feb 13

Thailand and Cambodia's year of border wars

Force in Play

Beijing positioning itself as power broker in Southeast Asian security disputes. - Emerging as alternative mediator to ASEAN and US

A Cambodian soldier died in a border firefight on May 28. Within two months, the countries were exchanging artillery fire and airstrikes across a dozen locations. Three ceasefires later—brokered by Malaysia, pressured by Trump, witnessed by ASEAN—over 100 people are dead and a million displaced. The latest truce, signed December 27, holds the same promise as the ones before it.

Updated Dec 28, 2025