[ad_1] Sharm El Sheikh, Egypt CNN — It’s a story President Joe Biden tells at nearly every opportunity: last year, meeting his new counterparts at his first international summit, he proudly informed them, “America is back.” “For how long?” one of them asked. As Biden departs this week for a …
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[ad_1] London/Berlin CNN Business — The German government has blocked the sale of one of its semiconductor factories to a Chinese-owned tech company because of security concerns. Germany’s economic ministry said in a statement that it had prohibited Elmos Semiconductor, which makes chips for the automotive industry, from selling its …
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[ad_1] China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as surging inflation and rising interest rates hammered global demand while new COVID-19 curbs at home disrupted output and consumption. The bleak October trade figures highlight the challenge for policymakers in China as exports …
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[ad_1] Hong Kong/London CNN Business — German Chancellor Olaf Scholz arrived in China on Friday with a team of top executives and a clear message: business with the world’s second largest economy must continue. Scholz met with Chinese leader Xi Jinping at Beijing’s Great Hall of the People after landing …
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