The action to cut off five Chinese companies and a research institute from American parts and technologies is part of the Biden administration’s response to the balloon it shot down last week.
Category: China
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U.S. Blacklists 6 Chinese Entities Involved in Spy Balloon Programs
The New York Times – Business: -
U.S. Aims to Curb Investment in China Amid Security Concerns
The New York Times – Business:The Biden administration is preparing new rules that would restrict U.S. dollars from flowing to China.
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China’s Bid to Improve Food Production? Giant Towers of Pigs.
The New York Times – Business:High-rise hog farms have sprung up nationwide as part of Beijing’s drive to enhance its agricultural competitiveness and reduce its dependence on imports.
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Flowers, Fresh Fish and Movies: China Is Spending Again, Cautiously
The New York Times – Business:The outlook for the world’s second largest economy is brighter as consumer spending picked up after “zero Covid” was lifted. But scars remain from the harsh pandemic restrictions.
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China mira hacia México para satisfacer al mercado de EE. UU.
The New York Times – Business:Alarmadas por el caos naviero y las fracturas geopolíticas, las compañías de China están instalando fábricas en México para preservar sus ventas en Estados Unidos.
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Why Chinese Companies Are Investing Billions in Mexico
The New York Times – Business:Alarmed by shipping chaos and geopolitical fractures, exporters from China are setting up factories in Mexico to preserve their sales to the United States.
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Air Force Says Proposed Chinese-Owned Mill in North Dakota Is ‘Significant Threat’
The New York Times – Business:A proposal for a corn mill, which had been welcomed as an economic development success, reflects just how much things have changed with Chinese investment proposals in the U.S.
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IMF Upgrades Global Economic Outlook as Inflation Eases
The New York Times – Business:The International Monetary Fund said the world economy was poised for a rebound as inflation eases.
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Chinese Travel Is Set to Return. The Question Is, When?
The New York Times – Travel:The country has dropped restrictions on overseas journeys for its citizens, but once-popular destinations are still waiting for the flood of vacationers to arrive.
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Netherlands and Japan Said to Join U.S. in Curbing China’s Access to Chip Tech
The New York Times – Business:A new agreement is expected to expand the reach of U.S. technology restrictions on China issued last year.
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China’s Oil and Gas Use Fell in 2022 for First Time in Decades
The New York Times – Business:Pandemic lockdowns curbed Chinese energy demand, but the International Energy Agency expects a rebound this year.
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Tesla’s Profit Jumped 12% in Fourth Quarter
The New York Times – Business:The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.