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Tag: titfortat

Chip war: Is there an end to tit-for-tat China-US trade restrictions? | Counting the Cost

Semiconductor chips are a vital component used in devices including smartphones, electric cars, wind turbines and even missiles. They are now considered as crucial to economic production as oil. The United States is worried China could use chip technology to further develop its military power. It unveiled export controls in October to prevent Beijing from getting the most advanced ones. That marked the start of…

South Korean street vendors eagerly await Chinese tourists amid tit-for-tat Covid travel measures

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube After China eased its zero-Covid policy and reopened its borders on January 8, 2023, tourism-dependent businesses in South Korea have been eagerly awaiting the arrival of mainland Chinese tourists. China’s nationwide surge in Covid cases has led South Korea, among other nations, to impose restrictions on travellers coming from China. Beijing retaliated on January 10 by…

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