Gina Raimondo, the U.S. commerce secretary, told Chinese officials yesterday that the U.S. was not seeking to sever economic ties with China. But she raised a list of concerns that were prompting American businesses to…
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China Real Estate Giant Country Garden Could Be Next To Go Bust
BlackRock, others, are holders of Country Garden outstanding debt. No one here’s getting bailed out of this mess as stock prices head to zero.
China continues coal spree despite climate goals
World’s biggest carbon emitter approving equivalent of two new coal plants a week, analysis shows
House GOP investigates billions of COVID-19 relief stolen by Russia, China, and Nigeria
Rep. Brad Wenstrup (R-OH) sent a letter to Attorney General Merrick Garland on Tuesday inquiring what the Department of Justice is doing to investigate the billions of dollars in COVID-19 relief funds …
A key barometer for China’s economy is shining bright despite the nation’s property crisis
Iron ore, among other commodities like copper, is traditionally associated with growth in China’s economy, according to JPMorgan strategists.
Gina Raimondo’s double message to China: ‘We do not seek to decouple’ but of course the answer is no on export controls
The curbs crippled the smartphone business of Huawei Technologies Ltd., China’s first global tech brand. “Their asks were to reduce export controls on technology” with possible military uses and to …
US gains authority to unilaterally enforce maritime law in Pacific amid regional tensions with China
The United States has been given authority to unilaterally enforce maritime regulations around Palau after signing a new agreement with the tiny Pacific island country, the U.S. Coast Guard said Tuesday.
US companies are finding China increasingly ‘uninvestible’, commerce secretary Gina Raimondo says
“Increasingly I hear from businesses, China is uninvestible because it’s become too risky,” Raimondo said Monday.
China looks ‘uninvestable’ due to political risks, Raimondo says
China has begun to appear “uninvestable” in the judgment of U.S. business leaders, according to Commerce Secretary Gina Raimondo. “Increasingly I hear from American business that China is uninvestable because it’s become too risky,” Raimondo…
China ready to improve relations with US, top official says
A top Chinese official told Commerce Secretary Gina Raimondo on Tuesday he was prepared to “make new positive efforts” to improve relations with the United States. Raimondo’s visit to China comes amid the Biden administration’s…
US commerce secretary rejects Chinese appeal to ease export controls
The curbs crippled the smartphone business of Huawei Technologies Ltd., China’s first global tech brand. “Their asks were to reduce export controls on technology” with possible military uses and to …
Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem
the economists Laura Alfaro at Harvard Business School and Davin Chor at the Tuck School of Business at Dartmouth wrote that China’s share of U.S. imports fell to about 17 percent in 2022 after …
China’s 24-Point Strategy to Attract Foreign Investment: Too Little, Too Late?
After enduring three years of stringent zero-COVID measures that have disrupted regular business operations, foreign companies have grown increasingly wary of investing in China. The policy, issued by …