Our Scans · Beijing · Weekly Summary

• [New] The U.S. State Department has said it will firmly oppose financing for Latin American projects tied to China's Belt and Road Initiative, a global investment strategy backed by Beijing that aims to expand its economic influence through critical infrastructure development around the world. UPI
• [New] American officials hope a US ship will be able to dock, for the first time, near Sihanoukville in Cambodia's Ream Naval Base which is undergoing massive upgrades by China as part of Beijing's Belt and Road Initiative. Asia Times
• [New] US officials have grown increasingly wary of allowing Beijing to access the most powerful US-made chips over fears that China will surpass the US in the race to develop advanced AI. New York Post
• [New] China is the primary threat and argue that all instruments of US power should be directed toward countering Beijing. Eurasia Review
• [New] Beijing is taking advantage of Moscow's isolation to gain more opportunities to exploit Russia's extensive Arctic coastline, absorb its energy and mineral resources, develop its polar science and technological capabilities, and expand its military reach. DNyuz
• [New] China's Commerce Ministry in Beijing released a statement on Wednesday that threatened legal action against anyone who enforces U.S. export restrictions on Huawei's AI chips. TechCrunch
• America will get rare earth minerals and magnets from China under a new trade deal with Beijing, which will also see tariffs on Chinese goods move to 55%. Australian Broadcasting Corporation
• The US will receive rare earths and magnets from China as part of a deal with Beijing. Australian Broadcasting Corporation
• Over the past month, Trump has imposed punitive measures on Beijing, including limits on technology sales to China and threatening to revoke the US visas of Chinese students, which was prompted by a belief that China had failed to live up to commitments it made in Geneva. CNN
• Since the talks in Geneva, Trump has accused Beijing of effectively blocking the export of rare earths, announcing additional chip curbs and threatening to revoke the US visas of Chinese students. CNN
• Beijing will likely use rare earths and magnets to extract concessions on U.S. semiconductor and high-tech export controls. McAlvany Financial Group
• Crackdown on China: The US will aggressively revoke visas for Chinese students, Secretary of State Marco Rubio announced, in a major escalation of tensions with Beijing and another blow to American education institutions. CNN
• Six years on, easing export controls on China will be a tough sell in Washington, where blocking Beijing's access to advanced American technologies has become a rare bipartisan issue. CNN
• Beijing has bristled at Washington's moves to warn companies against using China's most advanced AI chips, restrict chip design software sales to China and aggressively revoke Chinese student visas. CNN
• Beijing has historically favored stability on the Korean Peninsula, and any shifts in alliances could prompt a reaction that may influence regional security. County Local News
• The plunge in new orders and exports could pressure Beijing to consider new stimulus measures to stabilize growth within China's manufacturing framework. Otet Markets Blog
• Washington has sought in recent years to curb exports of state-of-the-art chips to China, concerned that they could be used to advance Beijing's military systems and otherwise undermine American dominance in AI. The Star
• In return, Beijing could ease its nearby force deployments and slow the tempo of its military exercises around Taiwan. Time
• China had violated an agreement with the U.S. to mutually roll back tariffs and trade restrictions for critical minerals and issued a new veiled threat to get tougher with Beijing. Fox Business
• While Washington and Brussels frequently view Beijing through a lens of competition or threat, much of the Global South sees China as a partner willing to engage on more equal footing. GorakhaPatra
• As Beijing moves towards establishing a comprehensive legal framework for AI governance, there will be growing interest in how China's approach may influence AI governance and regulation at a global level. Cambridge Core

Last updated: 25 June 2025