Some of America’s most formidable technology companies have headed to China. Once they got there, their superpowers seemed to vanish. Uber, Amazon, and Apple are just a few examples of firms that have been humbled by the Chinese market.
Ahead of that China's President Xi Jinping will press Pacific island leaders to sign up to his signature trillion dollar "Belt and Road" infrastructure plan when he arrives in PNG today, two days before the APEC leaders' summit.
The Chinese government granted a total of 18 trademarks to companies linked to U.S. President Donald Trump and his daughter Ivanka Trump over the last two months, Chinese public records show, raising concerns about conflicts of interest in the White House as Americans vote in national elections.
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.