There are a growing number of instances where Chinese companies are luring top executives with large sums of money to leak and sell corporate and industrial secrets so that they can set up base in China. Former and past BASF… Read More ›
Beijing
U.S. trade action bites Chinese economy, trade negotiations scheduled for Jan 7-8
The United States and China have until March to resolve the core issues of the trade war. If Beijing were to continue stonewalling U.S. demands of bringing an end to the abuse of its intellectual property, opening up its market… Read More ›
Bill Gates co-founded TerraPower LLC looking for new partners pursuing nuclear energy
TerraPower aim to use depleted uranium as the fuel for its nuclear reactors. As per a report from the Wall Street Journal, a nuclear energy venture co-founded and chaired by Bill Gates is looking for a new partner for early… Read More ›
European Union launches forced technology transfer case against China
The WTO action by the EU, mirrors similar concerns raised by the United States. This is the second such action the European Commission has taken against China at the WTO. On Thursday, for the second time this year, the European… Read More ›
Germany tightens foreign investment rules eyeing China
Earlier this month, European Union states have agreed to coordinate scrutiny of foreign investments in Europe, notably from China. In a significant development, Germany has agreed to adopt new business rules that lowers the threshold for screening for mergers and… Read More ›
Global trade facing heightened risks from new cold war: French finance minister Bruno Le Maire
One of the ways out of this pickle is to reform the World Trade Organization, opined French finance minister Bruno Le Maire. On Friday, French Finance Minister Bruno Le Maire stated, the world is facing a cold war over trade…. Read More ›
Germany could ban Chinese firms from its 5G auctions
While in the past German policies have been guided by business interests rather than strategic factors, surely Germany, Europe’s biggest and strongest economy, has gained from history’s strategic insight and will take the right decision. Senior German officials are telling… Read More ›
General Motors Co commences cost cutting exercise
As part of the cost cutting exercise, GM, the biggest automaker in the United States, has stopped work on 2 renovation projects and has also offered severance pay to 18,000 of its 50,000 salaried workers across North America. According to… Read More ›
Justice Department indictment shows Chinese intelligence officers wanting to steal U.S jet engine design
This indictment unsealed by the U.S. Justice Department de-hazes to some extent the stance the Trump Administration has taken vis-a-vis China and its accusations of violating U.S. intellectual property. A U.S. indictment unsealed on Tuesday reveals that intelligence officers from… Read More ›
China slaps anti-dumping tariffs on hydroiodic acid from Japan and the United States
The tariffs will kick in on October 16, 2018. On Monday, China’s Ministry of Commerce stated, Beijing will slap anti-dumping tariffs on the imports of hydroiodic acid from Japan and the United States. The tariffs, will go into effect from… Read More ›
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