U.S. targets Xiaomi, Cnooc in Trump’s late anti-China push
The Trump administration blacklisted Chinese smartphone manufacturer Xiaomi Corp. for alleged military links along with the country’s third-biggest oil company over its drilling in the…
Siemens Energy sinks as GE accuses rival of trade-secret theft
Siemens Energy AG shares fell Friday after General Electric Co. accused its rival of stealing trade secrets for gas turbines and using them to win…
China set to topple U.S. as biggest economy sooner after virus
China’s economic ascent is accelerating barely a year after its first coronavirus lockdowns, as its success in controlling Covid-19 allows it to boost its share…
China names new chief trade negotiator before Biden takes office
China has appointed a veteran of trade talks as the Ministry of Commerce’s top negotiator, filling a ministerial-level position that was vacant for two years,…
China ends 2020 with record trade surplus as pandemic goods soar
China’s export boom continued into December, pushing the trade surplus to a record high in the month and bolstering what is already the world’s best-performing…
China made 40 face masks for every person around the world
China’s export dominance during the coronavirus pandemic is best reflected by the item that’s become essential in protecting against the virus: face masks.
Surging shipping rates pose new headwind for the global economy
Shocks to supply chains are engulfing a wider swath of the global economy as the pandemic rages on, threatening to stifle Asia’s trade-led recovery just…
Xi asks Starbucks’s Schultz for help mending US-China ties
President Xi Jinping called on Starbucks Corp. to help improve China-U.S. ties, striking a business-friendly tone as the Biden administration prepares to take over in…
Millions of dollars of artworks left UK before Brexit cutoff
Among the thousands of trucks backed up in Dover last month trying to get across the Channel, one was carrying a painting by Henri Matisse.…
Commerce adds China National Overseas Oil Corporation to the entity list and Skyrizon to the military end-user list
Today, the Bureau of Industry and Security (BIS) in the Department of Commerce (Commerce) added Chinese National Overseas Oil Corporation (CNOOC) to the Entity List…
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