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...Additional reporting by Amanda Chu in New York and Wang Xueqiao in Shanghai ate...
...This looked at whether the company was trying to restrict “parallel” trade, where products can be sold for lower prices because they have been brought in from a country where they cost less....
...Financial disclosures from the companies provide little context for the pay cuts, though Guotai Junan Securities cited a Shanghai government opinion dating back to 2015 on “Deepening the Reform of the Remuneration...
...practices as Chinese factories now flood international markets with exports....
...The country’s biggest chipmaker SMIC has put together new semiconductor production lines in Shanghai, according to two people familiar with the move, to mass produce the chips designed by technology giant...
...“There are many criticisms pointing to our overcapacity since February, and suggesting that our industrial policies could impact the international trade order,” said Huang, a professor of economics, in a...
...Some experts also point out that nearly one-third of Chinese EV exports last year were cars that Tesla, a US company, produced at its factory in Shanghai....
...In 2019, some 2mn Chinese tourists took a cruise, compared with 14mn people from the US, according to the Cruise Lines International Association, an industry trade body....
...State-owned Comac was established jointly with companies including Shanghai-listed Aluminum Corporation of China, China Baowu Steel Group and Sinochem Corporation....
...Experts said this was a further sign that Beijing wanted to allay international concerns over a wave of Chinese EV exports....
...But despite the controls, Chinese mobile phone maker Huawei and Shanghai-based Semiconductor Manufacturing International Corporation — both of which are on a US trade blacklist — revealed in August they...
...“We have the largest number of businesses and exhibitors this year — that’s more than any other country,” Burns told an enthusiastic scrum of reporters at the China International Import Expo in Shanghai...
...companies bring trade complaints....
...Traders in China reported they were unable to access Wind, one the country’s most popular financial terminals, after the company told clients its system was suffering from a “technical issue”....
...In a statement Pegatron said: “There’s limited impact on the company’s overall operation since the current business model has no change due to the capital injection.”...
...Li’s company, which has offices in Hefei, near Shanghai, as well as in Silicon Valley, designs and sells EV chassis — known as skateboards....
...The meeting in Beijing is part of an international push by China to rekindle investor sentiment, with the Shanghai and Shenzhen stock markets also leading a roadshow in the US this week....
...“I think it is essential and it is the future,” the paper quoted Cook, whose company employs hundreds of thousands of workers in China, as saying....
...Authorities have passed anti-espionage and data security laws to tighten cross-border controls of sensitive trade and economic information that have left companies struggling to comply....
...“This level is significantly lower than that used in other [anti-dumping] investigations,” the company said....
...Even as western countries have imposed sanctions and trade embargoes against Russia, Moscow has sustained its economy and defence industry thanks to expanded trade with China, imports from third countries...
...Time was when the bottlenecks in global trade were limited in number and obvious to all. In 1904, the British Royal Navy admiral Sir John Fisher declared: “Five keys lock up the world!...
...According to the International Energy Agency, China accounts for about 60 per cent of the world’s rare earth mining production, but close to 90 per cent of processing and refining....
...Beijing has long faced international criticism over its treatment of Xinjiang’s Uyghur population, which numbers about 12mn....
...In late July, companies listed on the Shanghai stock exchange said Zhongrong — which is not mentioned in the bankruptcy filing — had failed to make investment payments....
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