Lessons From a Law Firm’s Decision to Leave China
Dentons’ decision to quit the country and new investment limits by the Biden administration underscore the growing challenges facing Western companies there.
Posted inBiden, Joseph R Jr China Computer Chips Defense and Military Forces International Trade and World Market Private Equity United States International Relations United States Politics and Government Venture Capital
Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
China’s Exports Fall Again, Imperiling Its Economic Recovery
Shipments to trading partners slid 14.5 percent in July from the year before, the biggest decline since February 2020, adding to the pressure on Chinese authorities trying to rekindle growth.
Posted inCompany Reports International Trade and World Market Nasser, Amin H Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Saudi Arabia Saudi Aramco
Saudi Aramco Reports $30 Billion in Profit for Latest Quarter
It was a steep fall from last year’s record profit, but still enough for the company to introduce additional dividend payments and increase capital investment.