Politicians and pundits say the world’s largest economies are bound for a seismic “decoupling”. Yet, with businesses harbouring long-term ambitions for these two giant markets, breaking up may be hard to do.
Browsing: Xi Jinping
US President Donald Trump is poised to sign a deal with China on Wednesday that for the first time would punish Beijing if it fails to deliver on pledges related to its currency, intellectual property and the trade balance.
The Chinese government is taking further steps to remove foreign technology from state agencies and other organisations, a clear sign of determination for more independence amid escalating tensions with the US.
China has said it will raise penalties on violations of intellectual property rights in an attempt to address one of the sticking points in trade talks with the US.
Chinese investors snapped up every blockchain-related stock in sight after President Xi Jinping said Beijing wants to speed up development of the technology.
A senior Chinese foreign-exchange regulatory official called for “special attention” to be paid to blockchain as the nation looks to gain advantages from digital finance.