Yellen makes first trip to China, seeks stronger ties as supply chains drift apart

Comment on this storyComment Treasury Secretary Janet L. Yellen jetted to Beijing this week to test the Biden administration’s ability to improve relations with China while pursuing an economic strategy aimed at reducing the reliance of American companies on Chinese factories. His visit comes as China’s economic recovery from its strict zero-covid policy shows signs…

Read More
Canada is “continuing to monitor” the Activision deal, saying there are “factual inaccuracies” in Microsoft’s filings

Canada is “continuing to monitor” the Activision deal, saying there are “factual inaccuracies” in Microsoft’s filings

Update 30/6/23: As legal proceedings brought by the US Federal Trade Commission have ended, Microsoft has responded to the Canadian report released last night by its Competition Bureau. In short, Microsoft noted that Canada’s window to meaningfully respond to the agreement has now passed. Globally, only the US and the UK are opposed. “We have…

Read More