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cnbc.com

Nearly five decades after the fall of Saigon, U.S. will help Vietnam boost its military capabilities (www.cnbc.com)

Nearly fifty years after the fall of Saigon, the United States agreed to help build up Vietnam’s defense capabilities, a tacit acknowledgement that China poses a greater geopolitical challenge today to both nations than they do to each other....

China’s biggest chipmaker SMIC warns of ‘fierce’ competition as it misses quarterly profit expectations (www.cnbc.com)

SMIC, China’s biggest contract chip manufacturer, is seen as critical to Beijing’s ambitions of cutting foreign reliance in its domestic semiconductor industry as the U.S. continues to curb China’s tech power. SMIC lags behind Taiwan’s TSMC and South Korea’s Samsung Electronics, according to analysts....

U.S. eyes change to military command in Japan as China threat looms: Reuters (www.cnbc.com)

U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida will agree next month to tighter military cooperation, including talks on the biggest potential change to Washington’s East Asia command structure in decades, two sources said....

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