Billionaire Maurice Chang, the former CEO of a Taiwan company and founder of the world's largest semiconductor manufacturing plant, warned that the US government's efforts to shift the production of processor chips from Asia to the United States will double their cost and slow down the spread of their use in phones, cars, and other products
John Kirby, a White House spokesperson on national security issues, said that the U.S. has “additional information” about Iran’s support for Russia’s war in Ukraine is growing.
China resolutely opposes the U.S. move to place Chinese companies on its "entity list" and Specially Designated Nationals List under the so-called Russia-related excuses, a spokesperson with China's Ministry of Commerce said on Saturday.
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