China has gone rogue by putting export controls for rare earths and other commodities on the entire world. And of course, the U.S. has got to punch back. Scott Bessent is right, China is a…
Tagged By export
GIC sues China EV maker Nio, top execs for allegedly inflating revenues of at least US$600 million
It’s accusing Nio of fraud via manipulation of battery ‘sales’; seeks damages for its purchase of 54 million Nio depositary shares Read more at The Business Times.
China accessed classified UK systems for a decade, officials say
LONDON] Chinese state actors systemically and successfully compromised classified UK government computer systems for more than a decade, according to two former senior security officials and other …
At China’s biggest export fair, the trade war’s rising toll is clear to see
Exporters say they are pivoting to Europe and emerging markets to survive, as the US market is ‘essentially lost’.
China rare earth export curbs a ‘lose-lose’ for everyone, Spain economy minister says
“We are very concerned because of the potential impact” of the growing US-China trade spat, Carlos Cuerpo said at Semafor’s World Economy Summit.
Bunge Soars After Trump Targets Cooking Oil Imports From China
Shares of Bunge and other agricultural companies are rising thanks to threats of a ban on used cooking oil – a key ingredient needed to produce renewable fuels.
Watch the full interview with ex-Meta exec Clegg on crypto, AI, China
Nick Clegg, Meta’s former president of global affairs and former U.K. deputy prime minister, joins Arjun Kharpal to discuss crypto, China and artificial intelligence.
CNBC Daily Open: A Trump post drowns out positive developments for markets
At its lowest, the S&P 500 fell as much as 1.5%, but traded positive for most of the day. Then Trump said he was considering “retribution” against China.
Auto industry raises the alarm as China tightens export rules for rare earths
Automotive industry groups have sounded the alarm over China’s latest move to impose restrictions on the export of rare earths.
Chinese firms turn to Hong Kong IPOs amid rising tensions with Washington
Dealogic data showed that Chinese companies have pulled back from listing in the U.S., while Hong Kong-based companies increased their IPOs in the U.S.
Crypto Markets Ready To Rally on Powell’s Dovish Tone, But China–US Deal Talks Cloud Outlook
The crypto market is searching for a catalyst after the largest liquidation event in history. Fed Chair Powell’s dovish comments raise expectations of a rate …
Trump Feuds Over Cooking Oil Though China Exports Are Waning
Chinese exports of used cooking oil to the US were already in retreat well before President Donald Trump chose them as the latest flashpoint in his trade war with Beijing.
China blocks business with 5 U.S. subsidiaries of Hanwha Ocean in trade dispute
China has taken a dramatic step in its ongoing trade tensions with the United States. The country has added five U.S. subsidiaries of South Korea’s Hanwha Ocean to its sanction list. This move has …