December 13, 2024 at 01:49AM
Wall Street Journal (gated) reporting.
In recent days, Beijing has launched
a regulatory probe into U.S. semiconductor champion Nvidia,
threatened to blacklist a prominent American apparel maker,
blocked the export of critical minerals to the U.S.
squeezed the supply chain for drones
offering clues into how non-tariff measures are likely to dominate China’s tool kit.
***
Meanwhile, China stocks are lower just after the opn:
CSI 500 down 1% intraday
Chinext down 1%
Shenzen down over 1%
This article was written by Eamonn Sheridan at www.forexlive.com.
China’s retaliation against Trump trade sanctions has begun already
