Scholars at Cornell’s Industrial and Labor Relations School said they were suspending a 6-year-old research and exchange program with Renmin University in Beijing after the school punished at least a dozen students who joined a nationwide call for better protections for low-income workers in China.
Trump has slapped tariffs on $250 billion in Chinese products, in a push to narrow the U.S. trade deficit and push back against what the U.S. views as predatory Chinese tactics on the high technology industry. Beijing has retaliated with tariffs on $110 million worth of U.S. goods.
When we’re getting extraterritorial application of Chinese censorship, that is where companies must draw the line. If that means you don’t take the investment in your film production company from China, then don’t take that investment.
The United States is lagging behind China in promoting its 5G technologies across the world, with officials only just "waking up" to its potential, a former U.S. national security advisor told CNBC Sunday.
The Dow Jones Industrial Average sank more than 2,000 points on Monday, its worst day since 2008, as fears about the spread of the new coronavirus and an oil price war sent investors scrambling out of stocks.