US-China Trade War Current Affairs, GK & News

US Bill on Rare Earth supplies

The United States Government has recently proposed a bill to end China’s “chokehold” on rare – earth metal supplies. Why the bill? The rare earth metals are used almost in every latest technology starting from electric batteries to fighter jets. China has a strong chokehold on all these metals. In 2019, 80% of the US ..

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NATO declares China a Global Security Challenge

NATO leaders have declared China a constant security challenge stating that, Chinese are working to undermine global order. Key Points As per NATO leaders, China’s goals and assertive behaviour put challenges to rules-based international order and across the areas relevant to alliance security. This warning has come, as US President started making effort to bring ..

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UN: China overtakes US for Foreign Direct Investment

Recent figures by the United Nations Conference on Trade and Development highlights that, China has surpassed the United States as the world’s top destination for the foreign direct investment (FDI) in the year 2020. Highlights The eastward shift of the destination was the result of Covid-19 pandemic from which the United States is still recovering. ..

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EU-China New Investment Treaty

The European Union and China recently signed a New Investment Treaty after seven years of negotiations. The EU-China Comprehensive Agreement in Investment is the most ambitious agreement China has ever concluded with a third country. The treaty is expected to create friction with the US. What is the New Investment Treaty? The treaty will ensure ..

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Japan to join Five Eyes Network

The Five Eyes network comprises of five nations namely Australia, Canada, Britain, US and New Zealand. Japan is now to join the Five Eyes network to become the sixth eye. About Five Eyes The Five Eyes network collaborated to respond against the increasing threats by China and North Korea. The Five Eyes countries are parties ..

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