EU Expects Little From China Summit
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China, Xi and Trump
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Chenguang Gong, 59, a dual citizen of the United States and China, admitted to transferring more than 3,600 files to personal devices during his brief tenure at the company, according to a statement from the U.S. Attorney's Office for the Central District of California.
New report details China's strategic control of battery materials essential for military systems, while U.S. companies face permitting obstacles and processing limitations.
China recently banned a foreign Wells Fargo executive and a United States government employee from leaving its territory, spotlighting its opaque judicial and security system and rekindling concerns over the risks facing foreign companies and nationals operating there.
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Amazon will shut down its AI research lab in a cost-cutting move as tensions flare with China and as other global companies even seek to leave the nation because of Chinese influence.
Washington had been a buffer against China’s efforts to use UNESCO to influence education, historical designations and even artificial intelligence.
Surging investment into Hong Kong by mainland Chinese investors is increasing market liquidity and depth while strengthening the island’s position as a gateway to China. Short-term headwinds could slow this capital flood,
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.
"This is not what a major country should do," Chinese foreign ministry spokesman Guo Jiakun said of Donald Trump's decision to withdraw the U.S. from UNESCO.
The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.