Latest in China Antitrust Probe
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GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
Fulton County DA ordered to turn over election probe records to watchdog group
A judge has ordered Fulton County DA Fani Willis to turn over records related to her election interference probe following a lawsuit from a conservative legal group.ABC News - Dec. 4 -
China bans export of key minerals to U.S. as trade row deepens
As China responds to the latest U.S. measures by banning the export of several key minerals, one analyst warns of "a trade war that has no winners."CBS News - Dec. 4 -
A Hockey Player’s Unlikely Journey From China to the Top of the N.H.L. Draft
How did Haoxi “Simon” Wang become one of the most coveted N.H.L. prospects? It starts in the west end of Beijing.The New York Times - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
U.S. slams China for hitting Philippine vessels with water cannons
China put "lives at risk" with the "unlawful use of water cannons" against Philippine vessels in the South China Sea, the U.S. ambassador in Manila says.CBS News - Dec. 4 -
South Korea’s tumult is a symptom of China-US strife
As the globalisation-friendly world order fades, its new geoeconomic course is fraught with riskFinancial Times - Dec. 4 -
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Belgian authorities open fraud probe into former EU justice chief days after his mandate ended
Belgian authorities say they have opened a fraud investigation into the former European Union justice chief, just days after his mandate endedABC News - Dec. 4 -
Why Brussels hopes cracking down on China will also save EU industry
Also in this newsletter: Is EU drug policy fair to poorer states?Financial Times - Dec. 4 -
China bans exports of key microchip elements to US as trade tensions escalate
Semiconductor restrictions on China announced by Washington a day earlier prompt retaliation involving critical minerals including gallium and germanium . The Chinese government has said it will ...The Guardian - Dec. 4 -
Antidoping Agency Froze Out Investigators Who Warned About China
The World Anti-Doping Agency’s investigative unit highlighted intelligence about Chinese athletes possibly using a banned medication, but was kept out of the loop when 23 swimmers tested positive ...The New York Times - Dec. 4 -
China’s ties with Saudi Arabia buoyed by green tech
Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administrationFinancial Times - Dec. 4 -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - Dec. 4 -
China bars some mineral exports to US
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story China bars some mineral exports to US China has banned exports of some rare minerals to the ...The Hill - Dec. 3 -
UN watchdog to conduct probe into sexual misconduct allegations against top international prosecutor
The Associated Press has learned that a United Nations watchdog has been selected to lead an external probe into allegations of sexual misconduct against the top prosecutor of the International ...ABC News - Dec. 3 -
UN watchdog to conduct probe into sexual misconduct allegations against top international prosecutor
THE HAGUE, Netherlands (AP) — A United Nations watchdog has been selected to lead an external probe into allegations of sexual misconduct against the top prosecutor of the International Criminal ...Yahoo Sports - Dec. 3 -
NASCAR recovers from early washouts to produce decent racing in season marred by antitrust lawsuit
NASCAR opened the season with washouts in the first two races of the year that could have set the tone for a miserable 2024 campaignABC News - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
FTC Opens Microsoft Antitrust Inquiry
It will fall to the incoming Trump administration to pursue or drop the investigation.Inc. - Dec. 3 -
To defend Taiwan tomorrow, we must prepare to sanction China today
Taiwan is reportedly considering a $15 billion military package to strengthen its military against China, while the U.S. and Taiwan have agreed to spend over $2 billion in American weapons ...The Hill - Dec. 3 -
China bans exports to U.S. of some materials for electronics manufacturing
China has banned exports to the U.S. of some materials essential to the manufacturing of electronics and some military equipment. It comes in response to Washington's chip sanctions on Beijing. CBS ...CBS News - Dec. 3 -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - Dec. 3 -
China responds to US chip sanctions, banning exports of key minerals
China has banned exports of some rare minerals to the United States as tensions over trade heat up after the U.S. issued new restrictions on exports of certain semiconductor chips and equipment to ...The Hill - Dec. 3 -
To beat China, Washington needs facts, not myths, about telework
Despite misconceptions, the federal workforce has embraced telework at a rate consistent with or lower than the private sector, and telework has proven to be a cost-effective and productive way to ...The Hill - Dec. 3 -
China’s share of global electric car market rises to 76%
Market share increases after strong demand within country offsets risks from western tariffs on Chinese-made EVs. Business live – latest updates China’s share of the global electric vehicle ...The Guardian - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
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Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
China's Flood of Cheap Goods Is Angering Its Allies, Too
The deluge of inexpensive items washing over the developing world is jacking up tensions between China and the Global South, complicating Beijing’s plans to build alliances as it confronts trade ...The Wall Street Journal - Dec. 3 -
Chip war ramps up with new US semiconductor restrictions on China
Biden administration broadens limits on Chinese access to advanced microchip technology, with Donald Trump expected to go even further . The US has announced new export restrictions targeting ...The Guardian - Dec. 3 -
Covid corruption commissioner starts fraud probe
Tom Hayhoe's first task will be reviewing the £8.7bn of pandemic PPE that had to be written off.BBC News - Dec. 2 -
FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop
Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump ...ABC News - Dec. 2 -
Trump Tariff Threat Spurs Malaysian Warning to China Not to ‘Rebadge’ Products There
A senior trade official cautions Chinese companies to not invest there if they only want to mask their merchandise’s country of origin.Inc. - Dec. 2