Guan Cha Zhe Wang·2025-09-25 00:07Group 1 - The U.S. Treasury Secretary, Yellen, emphasized that the U.S. is working to strengthen the supply of strategic materials and products, highlighting that the U.S. has leverage over China due to its reliance on certain U.S. products [1] - Yellen pointed out that 99% of high-performance chips are produced in Taiwan, indicating a significant risk in the supply chain, and stressed the need to shift a portion of semiconductor production back to the U.S. or allied countries [1] - The U.S. government is in discussions with Intel regarding an investment that would convert funding from the CHIPS and Science Act into equity, marking a significant shift in U.S. semiconductor policy [3] Group 2 - During recent U.S.-China economic talks, China expressed concerns over the U.S. expanding sanctions against Chinese entities, labeling it as unilateral bullying and a violation of international law [4] - China urged the U.S. to correct its course and remove restrictions to maintain the hard-won results of U.S.-China economic negotiations, advocating for a healthy and stable bilateral economic relationship [4]