US Treasury secretary tells Beijing its trade practices will distort markets and harm workers
Beijing seeks to revive investor confidence as concerns mount about oversupply and potential dumping
Microsoft’s Windows and foreign database programs also sidelined as Beijing favours Chinese hardware and software
President Biden risks undermining sound economic policy and support for a key ally if he blocks the Nippon Steel deal
US is alienating Japan and EU by mishandling its obsession with swing voters in steel states
President seeks to keep company ‘domestically owned and operated’ despite Washington’s alliance with Tokyo
Also in this newsletter: Putin in nuclear warning, UK returns to growth, art market in doldrums
Domestic industry wants stronger tariffs as subsidies have not done enough to ward off Chinese competition
President expected to back trade investigation as industry becomes 2024 election issue
Labour unions are urging the Biden administration to investigate China’s dominance of naval engineering, potentially inflaming Sino-American tensions
Washington keen to counter Beijing’s economic influence by bolstering investment links to its oldest Asian ally
Samsung and SK Hynix have been storing used machines in warehouses as US-China tensions rise
Some American voters seem to care more about starting trade fights with China than winning them
Biden administration wants greater curbs after technological advances by Huawei and SMIC
Prosecutors say man had access to the ‘building blocks’ of company’s cutting-edge technology
Boost for trade body though progress lacking on overfishing and aid for farmers
White House concerned about sensitive data ending up in Beijing’s hands as more vehicles hit market
Strategists warn of sharp falls against dollar longer term if Donald Trump wins presidency in November and carries out tariffs threat
Friction with the west has prompted Beijing to build its own alternative system focused on developing nations
Our understanding of comparative advantage is confused and damaging
Expect more emphasis on global trade deficits, more dramatic intervention and bigger problems for Europe
Move includes billions of dollars to replace container cranes amid concerns hackers could disrupt supply chains
Data highlight difficulties in cutting Chinese exporters out of American supply chains
Demand for air travel is booming in south and south-east Asia, which are less sensitive to US-China tensions
Western governments fear Beijing may try to ease domestic overcapacity with cheap exports
International Edition