Business groups chronicle the difficult environment inside China for U.S. and European companies navigating confusing regulations and an intensified security focus.
Category: Regulation and Deregulation of Industry
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China’s Import Curbs on Cosmetics Face Pushback in Europe
Cosmetics sales in China are soaring, but a group of exporting nations led by France are pushing Beijing to lift restrictions they say are blocking them unfairly.
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Why It Took So Long for the FDA to Tackle a Cold Medicine
Pharmacists affiliated with the University of Florida have spent decades nudging the agency to pull a decongestant from over-the-counter medicines.
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Common Patenting Tactic by Drug Companies May Be Illegal, F.T.C. Says
Experts say the exploitation of a loophole in the patent system has contributed to high prices for inhalers.
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People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending
The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing.
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Meet the Man Making Big Banks Tremble
Michael Barr, whom President Biden appointed as the Federal Reserve’s top bank cop, has drawn blowback for his bank regulation push.
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U.S. Blasts Google Over Paying $10 Billion a Year to Cut Out Search Rivals
In opening statements for the government’s first monopoly trial of the modern internet era, Google defended itself and said people had many choices for online search.
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Senate Republicans Grill S.E.C. Chair on Pace of Rule Making
Gary Gensler told a Senate Banking Committee that he was not pushing through new rules without giving businesses time to respond.
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Federal Court Says Consumer Watchdog Can’t Check Banks for Discrimination
A Texas judge’s sweeping ruling says the Consumer Financial Protection Bureau exceeded its authority in trying to examine banks for uneven treatment.