China announced it will conduct live-fire drills in the Taiwan Strait near Niushan Island, just 165 kilometers from Taipei, following recent US and Canadian warship transits. The drills, scheduled from 9am to 1pm local time, will be restricted to ships, according to the Maritime Safety Administration. The People’s Liberation Army has stated it will defend national sovereignty and regional peace, denouncing foreign presence in the contentious waterway.
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China races to stockpile US chips before Trump ramps up sanctions
China is increasing its efforts to stockpile microchips from the US to prepare for potential sanctions from the incoming administration of president-elect Donald Trump, with purchases reaching US$1.11 billion in October, a 60 per cent increase from last year. China has imported US$9.61 billion of microchips from the US over the first 10 months of the year, focusing on CPU-based processors and controllers, as well as chips for storage and signal amplification, to meet its...
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