China receives US equipment to make advanced chips despite new rules - report
Wednesday, 15 November 2023 Chinese companies are reportedly buying US chipmaking equipment to produce advanced semiconductors, despite recent export curbs aimed at limiting China's progress in the semiconductor industry. The report highlights that importers can purchase the equipment by claiming it is used for older production lines, making it difficult to verify if they are being used for advanced chip production. China has also found alternative ways to obtain equipment from countries like the Netherlands and Japan.
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A recent report reveals that 98% of China's funding to Pakistan consists of loans, not grants. The outstanding debt amounts to $67.22 billion, 19.6% of Pakistan's GDP, higher than reported. China has..
Wednesday, 15 November 2023
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