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Geoeconomics

WHAT IS HAPPENING IN GEOECONOMICS? GLOBAL:

CHINA/ USA DISPUTE:

  • China dismissed efforts to shift U.S. supply chains toward alternative sources as unrealistic, hitting back hours after President Joe Biden signed an order to review how America buys strategic goods. Chinese Foreign Ministry spokesman Zhao Lijian made this remarks in response to a question about the order, which came as Biden directed his administration to address shortfalls in semiconductor production that have idled some auto plants.

SOURCE: BLOOMBERG


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