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Economy, Trade & Business

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US-China tech war

China’s lagging basic research calls for core tech pivot, economic adviser urges

Wang Yiming says Beijing must innovate from the ground up to create deterrents against foreign supply cuts, citing missed R&D spending target.

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Trump says preferred Fed pick is ready, again teases firing Powell

US labels Chinese chips an economic threat, but delays tariff impact until 2027

Timeline reflects effort to preserve trade truce with Beijing rather than build leverage through faster import duty escalation, analysts say.

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