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Thursday, December 9, 2021

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Former Coca-Cola scientist accused of stealing trade secrets to form Chinese beverage rival

A Chinese-born scientist formerly employed by Coca-Cola is now accused of trying to steal trade secrets from companies reportedly working with the beverage giant in order to set up her own rival venture funded in part by China’s government.

‘We’re at economic war ‘: China is playing with fire in Trump battle

China's currency slide is moving from benign neglect to something more deliberate. Whether or not you deem it currency warfare, it is playing with...

Trump ready to ratchet up China trade war with more tariffs: report

U.S. President Donald Trump is prepared to quickly ramp up a trade war with China and has told aides he is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week, Bloomberg News reported on Thursday.

U.S. Views of China Increasingly Negative Amid Coronavirus Outbreak

Roughly two-thirds of Americans now have a negative opinion of China, the highest percentage recorded since Pew Research Center began asking the question in 2005. Only about a quarter in the U.S. report a favorable attitude.

Apple Supplier, Foxconn, to Invest $10B in Wisconsin as Trump Promotes ‘Made in USA’

Foxconn, the largest contract electronics maker in the world, has decided to invest $10 billion to build a display factory in Wisconsin that could employ up to 13,000 workers.

China trying to force Chinese nationals living in US to return home – FBI...

Chinese agents have been pursuing hundreds of Chinese nationals living in the US in an effort to force their return, as part of a global campaign against the country’s diaspora, known as Operation Fox Hunt, the FBI director has said.

California rice growers stand to prosper from China deal

For all of the angst concerning trade deficits with China, the United States has something China increasingly needs: rice.

Biden doesn’t think China is a threat to the U.S., many say otherwise

China is going to eat our lunch? Come on, man. They can’t even figure out how to deal with the fact that they have this great division between the China Sea and the mountains in the east, I mean in the west.

U.S. to send delegation to China’s Belt and Road summit

The United States will send a delegation led by White House adviser Matt Pottinger to a summit for China's new Silk Road plan this weekend, China's Foreign Ministry said on Friday.

BlackRock’s Fink: CEOs tell me they’re pulling their supply chains out of China

Companies are moving their supply chains out of China instead of waiting for a resolution of the trade war between Washington and Beijing, BlackRock Chairman and CEO Larry Fink told...

US-China trade tensions weigh on chipmakers, Apple ahead of G-20 summit

Citi believes it's likely the White House will crack down on U.S. exports, with an extreme scenario including a ban on sales of U.S. semiconductor components to China.

U.S. should not block Chinese chip acquisitions: China think-tank

The United States should not block Chinese acquisitions of U.S. semiconductor technologies, a leading state think-tank in Beijing said on Wednesday, as Washington heightens scrutiny of Chinese investments in the sector.