A botched spying case prompted accusations that the British government was soft on China, highlighting tensions between economic and national security interests.

Chinese leader Xi Jinping is convening a key political meeting this week where he will push forward his next five-year strategy to strengthen the world’s second-largest economy in the face of mounting friction with the United States.

If China wants a domestic chip manufacturing business, which it absolutely does, it needs DUV. That's because a finer brush, Extreme Ultraviolet lithography (EUV), cannot be sold to China. ASML is the world's only major supplier of EUV machines, and the US and Dutch have rolled out export controls to limit China's access to this complex technology.

But what exactly is this prize for which China must strive? TFP is best defined by what it is not. Some economic growth comes from mobilising more workers and giving them more machinery and infrastructure with which to work.

China has a major presence in Argentina’s telecommunications and internet markets. Local telecom giant Telecom Argentina recently agreed to receive a $74 million loan from the Bank of China. Huawei, a Chinese technology company restricted from conducting much business in the U.S., also runs a 5G mobile network business in Argentina.

China's Quest to Engineer the Future," said intense competition has helped drive China's success in solar and EVs.

China is confident of its leverage over America. That swagger is hard for trade partners to take. But its intransigence has still deeper roots. China’s rulers like their plan to dominate the commanding heights of global manufacturing, and do not wish to change.

Given this background, it becomes easy to understand how, in this scenario, China has become a global leader in the clean energy transition. Xi's speech did not go into much detail, but it did mention all the main points of China's strategy.

Beijing wants to double down on advanced semiconductor technologies, artificial intelligence and basic research.

Sophie Bellon, chairwoman of Sodexo's board of directors and CEO, stated in an exclusive interview with China Daily that China is a crucial market for Sodexo, with the elderly healthcare sector presenting a core opportunity for the company in the future.

CBS News New York's Willie James Inman has more on what the president got accomplished overseas.