US-China Current Affairs, GK & News

China Passes Law against Foreign Sanctions

China has passed a new legislation against foreign sanctions. With this law China seeks to build its defences against rising US and EU pressure on trade and human rights. Key Points China passed this law after accusing US of suppressing Chinese firms and issued veiled threats of retaliation. This was done after US President Joe ..

Month: 

Category: 

Topics: 

U.S. passes bill to address China Tech Threat

The U.S. Senate voted 68-32 to approve a “sweeping package of legislation” in a bid to boost USA’s ability to compete with Chinese technology. China, while responding to vote, objected to being cast as an imaginary U.S. enemy Key Points This measure approved about $190 billion for provisions of strengthening technology and research in United ..

Month: 

Category: 

Topics: 

Japan to host first joint military exercise with US and France

Japan is to hold its first military drill with French and US troops in May 2021. According to Japan, the exercise is being held as it is concerned about the increasing Chinese actions in the regional waters. About the exercise The exercise will be the first large scale exercise between Japan, US and France. The ..

Month: 

Category: 

Topics: 

China-US Climate Change Cooperation

The two biggest polluters of the world China and US have agreed to work together in tackling climate change issues. They recently issued a joint statement that they will work together to uphold Paris Agreement. The announcement comes days before the Earth Day Leaders Summit. The announcement was made after Kerry, the former US Secretary ..

Month: 

Category: 

Topics: 

US Treasury report: India placed on currency watch list

The United States recently released its report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. The report reviewed currency practices of the biggest trading partners of the US. About the report The three main criteria used by the report to review the trading partners of US are as follows: ..

Month: 

Category: 

Topics: