Latest in Resolve U.s China
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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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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 -
The U.S. may have reached 'the high-water mark' in tensions with China, Jim Cramer says
CNBC's Jim Cramer wondered how President-elect Donald Trump's relationship with Tesla CEO Elon Musk will affect his administration's approach to China.CNBC - Dec. 3 -
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 -
Alleged North Korea operative uncovered in the U.S.
The Department of Justice has charged a Chinese national for working as a North Korean operative to ship guns and ammunition from the U.S. for a potential attack against South Korea. CBS News' Rob ...CBS News - Dec. 3 -
U.S. looks to end subminimum wage for workers with disabilities
A Biden administration proposal would phase out a program that lets employers pay some workers less than $7.25 an hour.CBS 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 -
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 -
Biden delivers remarks on the relationship between Angola and the U.S.
Watch live coverage as President Biden delivers remarks to honor the past and future of the relationship between the United States and Angola during his trip to Africa.NBC News - 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 -
Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel
While he made similar statements on the 2024 campaign trail, it was the first time that Trump had spoken about the deal since he won a second presidential term last month.CNBC - Dec. 3 -
Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel
President-elect Donald Trump said he is "totally against" Japan's Nippon Steel buying U.S. Steel.CBS News - Dec. 3 -
Missing U.S. climbers' gear found on New Zealand's highest peak
Silverton Avalanche School in Colorado said it had been notified that the climbers "appear to have taken a fatal fall from high upon the peak."CBS News - Dec. 3 -
U.S. Steel shares drop on Trump’s pledge to block Nippon Steel takeover
U.S. Steel Corp. shares fell 7% in Tuesday’s pre-market trading session after President-elect Donald Trump pledged to block Nippon Steel’s plans to acquire the 123-year-old Pittsburgh-headquartered ...MarketWatch - Dec. 3 -
Trump Says He Will Block Nippon Steel’s Acquisition of U.S. Steel
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.The New York Times - Dec. 3 -
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 -
Three climbers from the U.S. and Canada are missing on New Zealand’s tallest peak
Three mountain climbers from the U.S. and Canada are missing after they did not return from their planned summit of New Zealand’s tallest mountain, Aoraki.NBC News - Dec. 3 -
China's AI balancing act — beating the U.S. but keeping the tech from threatening Beijing's rule
Prominent AI scientist Max Tegmark said the narrative of a geopolitical battle between the U.S. and China racing to build the smartest AI is a "suicide race."CNBC - 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 -
Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - 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 -
Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China.CNBC - Dec. 3 -
U.S. Sending $725 Million in Arms to Ukraine, Including More Land Mines
The package, the largest since April, comes amid deep concerns in Ukraine that the Trump administration may cut off aid. The president-elect has vowed to end the war quickly, but has not said how.The New York Times - 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 -
U.S. oil prices log modest gains on upbeat China data, ahead of OPEC+ meeting
Global oil prices ended little changed Monday, while U.S. prices posted a modest gain as upbeat manufacturing data from China lifted prospects for energy demandMarketWatch - 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 -
Biden makes history as the first U.S. president to visit Angola
President Joe Biden will make history Monday as he becomes the first ever American head-of-state to visit the west-African nation of Angola.NBC News - Dec. 2
