Barron’s (December 9)
2024/ 12/ 10 by jd in Global News
“Buckle up. The tit-for-tat between the U.S. and China is gearing up quickly, most recently with China’s State Administration for Market Regulation on Monday opening an antitrust probe into chip giant Nvidia.” The probe serves as “an example of what could be ahead in the fraught U.S.-China relationship—and the array of companies that could get caught in the middle.” On top of that, China also banned “exports of critical minerals including germanium and gallium used in military applications to the U.S.“ while the Ministry of Finance “unveiled policies to prefer procurement from Chinese-made products—another example of non-tariff pushback from Beijing.”
