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Friday, January 15, 2021

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Chinese takeovers of US companies plummet this year amid tough Trump talk

As of early August, Chinese dealmaking in the U.S. has dropped by 65 percent this year, according to Dealogic. The sharp decline comes...

Apple may face backlash in China over demanding App Store cut on tips

Chinese app makers are reportedly upset with Apple after it issued a new policy that recognizes tips as in-app purchases.

Trump delays announcement of trade action against China

In the latest delay of a White House trade move, a planned Friday announcement of President Donald Trump's trade action against China has been...

U.S. politicians warn Silicon Valley about doing business with China

A bipartisan group of senators have held classified briefings with intelligence officials and American businesses to warn them about the dangers China presents.

Trump levels new tariff threat against China if Xi doesn’t meet him

President Trump on Monday threatened to impose large tariffs on $300 billion in imports if Chinese leader Xi Jinping did not meet with him in Japan later this month

China hopes U.S. shows sincerity at G20 trade talks

China hopes the United States can show sincerity and promote proposals both countries can accept when their two leaders meet at this week’s G20 summit, the Chinese Foreign Ministry said on Friday ahead of the key trade talks.

China prepares to strike back at US as Huawei suffers another loss

SoftBank snubs Huawei for 5G equipment while China mulls rare earths embargo

President Trump declares national emergency to fight coronavirus

To unleash the full power of the federal government in this effort, today I am officially declaring a national emergency. 

US is said to water down demand that China curb subsidies amid push for...

“China continues to shield massive sub-central government subsidies from the scrutiny of WTO members,” the USTR said in a February 2019 report to Congress on China’s WTO compliance.

FedEx misses delivery of Huawei package to U.S.; China paper says retaliation threatened

FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S. delivery company said an error led to the Chinese firm’s packages being misdirected.

Cornell Cuts Ties with Chinese School After Crackdown on Students

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, once a hero in China, is now seen as erratic and unreliable

In 2016, after Donald Trump won the Republican nomination for president, social media in China embraced him with tribute pages including the “Trump Fan Club” and “Great Man Donald Trump.”