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Is China’s ‘going global’ strategy at risk after US widens its trade blacklist?

Washington’s decision to broaden its trade blacklist could put many overseas subsidiaries of Chinese firms under scrutiny, potentially disrupting their “going global” strategies and reigniting trade tensions between the two superpowers, analysts said.
The US Bureau of Industry and Security (BIS) announced on Monday that any company at least 50 per cent owned by firms already on the US Entity List or the Military End-User List – which target entities Washington deems a security threat – will now…

Malaysia Stock Market May Add To Its Winnings

(RTTNews) – The Malaysia stock market has moved higher in two straight sessions, collecting more than a dozen points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it’s tipped to open in the green again on Tuesday.

Efficiency, not involution: China curbs metals sector to fight extreme competition

China has announced production curbs in its strategic non-ferrous metals sector, the latest step in Beijing’s drive to rein in cutthroat competition and boost industrial efficiency.
In a new action plan the Ministry of Industry and Information Technology (MIIT) has projected output growth of 1.5 per cent for primary non-ferrous metals this year, down from 4.3 per cent last year.
The initiative expands Beijing’s campaign against “involution”, or neijuan in Chinese – a self-defeating cycle of…
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