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...But Nuctech is a subsidiary of Tsinghua Tongfang, which is partly owned by China National Nuclear Corporation, a powerful civilian and military nuclear group....
...All three senators are from states where the United Steelworkers union has a large presence....
...In the domestic debate, both the government and big corporations seem determined that any “de-risking” must go hand in hand with more trade and staying invested for the long haul....
...His comments follow a report from the German Economic Institute that found that the country’s corporations had made little progress in “de-risking” their China exposure and reducing their critical import...
...“Allowing one of our nation’s largest steel manufacturers to be purchased by a foreign-owned corporation leaves us vulnerable when it comes to meeting both our defence and critical infrastructure needs,”...
...In a globalised market, the workers have more incentive to seek investment in their industries than large public corporations that can place jobs or investments anywhere, according to McCall....
...Since then, it has raised capital from investors including India’s Tata Electronics, Taiwan’s United Microelectronics Corporation, and US-based contract chip equipment manufacturer Lam Research....
...The deal, which needs to be approved by US regulators, is facing opposition from senators and the United Steelworkers, a 1mn-strong union....
...“China has been a place where you could deploy capital, but getting it out is harder,” said Allen Waldrop, director of private equity investments at the $81bn Alaska Permanent Fund Corporation, which has...
...After the last Dilli Chalo, or “Let’s Go to Delhi”, protest, Modi in November 2021 scrapped three laws that would have transformed farming, including by allowing private corporations to enter the market....
...But the merger is opposed by the United Steelworkers labour union....
...The deal has also been greeted with hostility by the United Steelworkers union, which said neither Nippon Steel nor US Steel had consulted it in advance....
...The deal drew a furious response from the United Steelworkers union, which said that neither US Steel nor Nippon Steel had consulted it....
...Or, on the financial side, the fact that labour unions are having to take charge of safety and capital investment at many companies (think Boeing, or big US steelworks, but there are dozens of others I could...
...And a reciprocal invocation of Article V — if, say, Europe was attacked by Russia — is at best untested and, at worst, a bluff....
...The US International Development Finance Corporation (DFC) held a ceremony on Wednesday in Colombo to publicise the commitment....
...The White House, US armed forces and the European Union’s executive branch have banned the Chinese-owned social media app TikTok from government devices....
...Related stories Japan retail, restaurant labour union to seek 6% wage hike in 2024 Tokyo-Osaka bullet train to end food cart sales in October Japan minimum wage target exceeds 1,000 yen for first time...
...supersede “developing countries”, an expression traditionally used by development economists, or “emerging markets”, originally a marketing term for financial assets invented at the International Finance Corporation...
...This applies mainly to Chinese acquisitions of UK companies and Chinese corporations investing in areas of UK critical infrastructure....
...But, overall, surveys chart a retreat in the democratic spirit after a high-water mark in the decade after the end of the Soviet Union and apartheid in the 1990s....
...Washington merged federal agencies to create the International Development Finance Corporation (DFC) in 2018, and at the G7 rich nations meeting in 2021 President Joe Biden launched a Build Back Better World...
...The US allows corporations a freer rein to use and transfer information, while the EU regulates to protect individuals’ privacy....
...Elsewhere, though, the march of the mash-up is producing less immediately likely — though often highly successful — unions....
...“Access to China” for EU corporations increasingly means expanding production in China itself, not exporting Europe-made goods and services there....
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