Friday , 13 December 2024
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China’s retaliation against Trump trade sanctions has begun already

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.

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