News Snapshot:
This article first appeared in Forum, The Edge Malaysia Weekly, on August 16, 2021 - August 22, 2021. - A + A In economic affairs, the phrase “when the US sneezes, the world catches a cold” refers to the influence the world’s largest economy has on other countries. It also reflects the fact that when there is a slowdown in the US, the rest of the world is likewise affected. Today, China has become equally influential. This is seen in the technology sector, where the country — the largest consumer of semiconductor microchips — has gained notoriety for its crackdown...
