The U.S. Department of Defense has designated CATL and Tencent as “Chinese military companies,” escalating trade and political tensions. The designation harms reputations, deters partnerships
Even before Donald Trump takes office on Monday, trade tensions between the world’s biggest economies are already heating up.
Now, Tencent, one of the largest multimedia companies in the world, finds itself appearing on the U.S. Department of Defense's list designating it as a Chinese Military company. According to Bloomberg (paywall), the designation sent Tencent's U.S. stock on a nasty decline.
The US defense department is now barred from working with CATL, China’s largest battery firm, and the Chinese social media giant Tencent.
Tencent hopes to negotiate with the US government to have it removed from a blacklist of firms believed to have ties with the Chinese military.
The move against Tencent and CATL is part of a flurry of final acts by the Biden administration ahead of Donald Trump’s return to the presidency. The White House has also launched a trade ...
The president-elect and his family have a direct and potentially lucrative stake in the sale of a cryptocurrency product that surged in value in the hours after going on sale, days before his inauguration.
Many have noticed how differently some business leaders are greeting the second Trump presidency, write Jeffrey Sonnenfeld and Steven Tian
The Supreme Court’s ruling represents the end of TikTok’s legal fight for survival. Its faint hopes now rest on a political solution. Donald Trump, who is due to become president on January 20th, the day after TikTok’s banishment,
With President-elect Donald Trump set to take office again soon, he’s facing a countdown when it comes to Social Security retirement benefits. Social Security benefits are set to collide with a ...
App will shut down on Sunday unless it is sold or saved by Trump after Supreme Court decision - Biden administration said it will not enforce ban on Sunday, leaving fate of the social media platform u
Donald Trump’s inauguration as president signals the start of a new chapter in U.S. policy toward Asia, particularly in its approach to China and regional