Categories
Brief Economics & Trade Investment Law & Regulation Politics & Society Tech, Media & Telecom

China now “open” to Qualcomm-NXP deal as tensions with US ease

President Xi Jinping said that he is “open to approving” the acquisition of Dutch semiconductor firm NXP by US-based Qualcomm, the Nikkei Asian Review reports. Xi’s comments come several months after the $44 billion deal was all but killed by Chinese regulators at the outbreak of the trade war. The buyout had secured the necessary approval […]

Categories
Business Practice Consumer Economics & Trade Investment Politics & Society Tech, Media & Telecom This Week in China

Still waiting

The run-up to the G20 meeting between Trump and Xi has been exhaustingly long, but the meeting is due to be held tomorrow China time. Our gut feel, a concept growing in popularity in terms of political analysis, is that some kind of ceasefire will be announced, with a delay on the imposition by the […]

Categories
Brief Economics & Trade Politics & Society

Washington and Beijing are discussing a tariff ceasefire deal

US and Chinese officials have been holding talks for several weeks in the run up to the meeting between Presidents Donald Trump and Xi Jinping in Buenos Aires on Saturday, sources from both countries told the Wall Street Journal. However, it remains unclear whether substantial progress has been made in the discussions. Details of what the […]

Categories
Brief Economics & Trade Investment Politics & Society

China continues to court EU leaders ahead of G20 summit

President Xi Jinping stopped off in Spain this week where he discussed bilateral investment opportunities and China’s partnership with the wider EU bloc, the South China Morning Post reports, before flying to Buenos Aires for the G20 leaders’ summit. Xi was welcomed by King Felipe VI and Queen Letizia in Madrid, where he used the […]

Categories
Autos Brief Economics & Trade Politics & Society

US looking to hit back at China auto tariffs

US Trade Representative Robert Lighthizer criticized China’s protectionist policies towards its auto industry on Wednesday, telling reporters that his office was considering matching the 40% duties currently imposed on American cars by Beijing, Reuters reports. The statement slammed China’s “egregious” tariffs on US autos, and said that any retaliatory measures were at the behest of […]