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Race to Control Electric-Vehicle Supply Chains Leads to Africa
To bypass China, Western companies are investing in facilities to process battery metals in countries such as Tanzania, Mauritius and South Africa A lithium ore
Intel Scraps Tower Acquisition After China Fails to Approve Deal
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The U.S. Is Turning Away From Its Biggest Scientific Partner at a Precarious Time
By Karen Hao in Hong Kong and Sha Hua in Singapore Updated Aug. 16, 2023 12:00 am ET Listen to article (2 minutes) One of
Estée Lauder's Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link
Dubai Automaker to Pump Cash Into China Evergrande's EV Business
The Chinese property developer’s fledgling auto unit said NWTN’s $500 million investment would help it meet imminent funding needs. Source link
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 12:53 am ET Listen to article (1 minute) SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment rate after
Japan's Economy Grows at 6% Pace in Second Quarter
Exports rise and surge in foreign visitors helps lift spending. Source link
China's Worsening Economy Is Hurting Corporate America
Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Source link
The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting left behind. Source link
Biden's First Camp David Summit Looks to Align Allies Facing China Threat
The leaders of U.S., Japan and South Korea are set to meet and agree on annual military exercises. Source link