Cook Islands PM beats no-confidence vote over China deals
Cook Islands Prime Minister Mark Brown survived on Wednesday a vote of no-confidence in parliament brought by the opposition over deals he struck with China that strained relations with New Zealand.
Members of parliament voted 13-9 to defeat the motion introduced by the Cook Islands United Party. Two members abstained from voting.
Brown visited Beijing this month to strike a strategic partnership with China spanning education, the economy, infrastructure, fisheries, disaster management and seabed mining.
#CookIslands #China #NewZealand
@asianomics
China says Taiwan seeks to give away chip industry to US
China said on Wednesday that Taiwan was seeking to give away the island's semiconductor industry to the United States as a "souvenir" and leverage it to seek political support from Washington.
Speaking at a regular news conference in Beijing, Zhu Fenglian, spokesperson for China's Taiwan Affairs Office, said, without offering evidence, that people in Taiwan were concerned TSMC could become "United States Semiconductor Manufacturing Co".
US media have said Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker and a major supplier to major companies, has been in talks for a stake in Intel.
#China #USA #Taiwan
@asianomics
Cook Islands Prime Minister Mark Brown survived on Wednesday a vote of no-confidence in parliament brought by the opposition over deals he struck with China that strained relations with New Zealand.
Members of parliament voted 13-9 to defeat the motion introduced by the Cook Islands United Party. Two members abstained from voting.
Brown visited Beijing this month to strike a strategic partnership with China spanning education, the economy, infrastructure, fisheries, disaster management and seabed mining.
#CookIslands #China #NewZealand
@asianomics
China says Taiwan seeks to give away chip industry to US
China said on Wednesday that Taiwan was seeking to give away the island's semiconductor industry to the United States as a "souvenir" and leverage it to seek political support from Washington.
Speaking at a regular news conference in Beijing, Zhu Fenglian, spokesperson for China's Taiwan Affairs Office, said, without offering evidence, that people in Taiwan were concerned TSMC could become "United States Semiconductor Manufacturing Co".
US media have said Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker and a major supplier to major companies, has been in talks for a stake in Intel.
#China #USA #Taiwan
@asianomics