“China will impose export restrictions on industrial products and materials containing gallium and germanium from August 1 to ensure its national security and interests,” China Daily, a mouthpiece for the Chinese Communist Party,
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Trade War Heats Up With China’s Export Restrictions on Two Critical Minerals
Yellen criticizes China’s ‘punitive’ actions against US companies, urges market reforms
U.S. Treasury Secretary Janet Yellen called on Friday for market reforms in China and criticized the world’s second-largest economy for its recent harsh actions against U.S. companies and new export controls on some critical minerals.
Yellen appeals to China to revive talks and not let technology tensions disrupt ties
Yellen appealed for “regular channels of communication” at a time when relations are strained amid disputes over technology, security and other irritants.
What to know: Janet Yellen criticizes Chinese export curbs as Beijing visit kicks off
The U.S. treasury secretary also raised the matter of punitive actions against foreign businesses operating in China. We round up insights into the issues at stake.
U.S. Raises Pressure on China to Combat Global Fentanyl Crisis
The Biden administration push comes after cooperation on halting the flow of the drug into the United States was derailed by wider geopolitical tensions.
China’s export curbs on raw materials are concerning, Yellen says on Beijing trip
Beijing’s newly unveiled export controls on two strategic raw materials critical to the global chipmaking industry are a “concern,” US Treasury Secretary Janet Yellen said on the first day of her trip …
Beijing may be facing one of its hottest summers on record
Beijing’s temperature soared past 40 degrees Celsius (104 degrees Fahrenheit) again Thursday, as the Chinese capital grapples with what is shaping up to be one the most severe heat waves on record.
Fukushima: China extends ban on some Japanese food over wastewater release plan
China says it will maintain a ban on some Japanese food imports over the plan to release water from the wrecked Fukushima nuclear plant into the ocean. China’s customs administration said it would also implement…
China’s Expanded Anti-Espionage Law Threatens Business Consultants and Advisers
The revised anti-espionage law is merely a reflection of Chinese President Xi Jinping’s “bottom-line thinking,” says Alfred Wu, an associate professor who researches Chinese governance at Singapore’s Lee Kuan Yew School of Public Policy. The…
China’s Xi urges greater innovation amid tech curbs from US
China’s President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States intensifies curbs on Chinese access to advanced technologies.
China’s Central Bank Boosts Gold Reserves for Eighth Month
China added to its gold reserves for an eighth consecutive month, with economic and geopolitical risks as well as a desire to move away from the US dollar driving the purchases.
Analysis-China’s Banks Bear Brunt of Concerns Around Growth and Debt
Analysts at Morgan Stanley also had a note on banks this week that said China’s banks have been “in a constant process of risk digestion”, with 25% of industrial and trade finance …
Yellen criticizes China’s treatment of U.S. companies during visit to improve relations
U.S. Treasury Secretary Janet Yellen has criticized China’s treatment of U.S. companies and new export controls on metals used in semiconductors.
