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Our cover looks at the battle between America and China for
This week, citing the threat from China, President Donald Trump vetoed
the takeover of Qualcomm, a chip giant, by its rival, Broadcom. China
has the biggest online-payments system and the fastest supercomputers,
and is poised to take a leading position in artificial intelligence.
America is right to be rattled, but this week’s knee-jerk response was a
the sacking of Rex Tillerson as secretary of state, the presidency of
Donald Trump has entered a new stage. The foreign policy of “Trump
Unbound” will be shaped by grievance and the idea that others must lose
for America to win.
Watch out, Iran and North Korea
Merkel was sworn in as Germany’s chancellor for a fourth term. The
Social Democrats, coalition partners to her Christian Democrats, have
been given the jobs of finance minister and foreign minister, filled by
Olaf Scholz and Heiko Maas respectively
chose Rotterdam as the site for the headquarters of a new unified
company. It is a symbolic blow to the British government, which had
hoped the Anglo-Dutch consumer-goods group would keep its headquarters
in London. The company denied that the decision was connected to Brexit