Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense. He previously worked as a journalist in Taiwan for eight years, covering semiconductor supply chains, defense and geopolitics. Prior to that he was based in Shanghai for five years covering the technology and hospitality sectors. He is proficient in Mandarin Chinese and French. Matthew holds a Master of International Affairs from the School of International and Public Affairs at Columbia University and a BA in History from Kenyon College.
New export controls have been unveiled by the U.S. Department of Commerce aimed at curbing China’s development of advanced military technology and capabilities.
Flight autonomy software developer Shield AI closed a $240 million Series F-1 round in March that raised its valuation to $5.3 billion from $2.7 billion.
The U.S. is moving to reduce its mineral dependency on China as technology, trade and geopolitical frictions rise between the world’s two largest economies.