News Snapshot:
China on Monday said it never bets against the US, and has no intention to “challenge or unseat” it, after a senior US official described Beijing as the “biggest threat” and “not our friend”, weeks after the summit between Chinese President Xi Jinping and his American counterpart Joe Biden. Speaking at an annual national defence forum in Simi Valley in California, US Commerce Secretary Gina Raimondo asked lawmakers, Silicon Valley and US allies to stop China from getting semiconductors and cutting-edge technologies key to national security. She said China is “the biggest threat we’ve ever had” and stressed that “China...
