U.S. Administration fires warning shot in trade action against theft of U.S. intellectual property by China

Although the U.S. action could result in a tit-for-tat trade war, its biggest impact would be the breakdown of supply chain of multinational giants, including Apple Inc and General Motors Co. The presidential memorandum signed by U.S. President Donald Trump, which targets up to $60 billion in Chinese goods, is the start of a long…

ChemChina clinches $43 billion deal for Syngenta’s takeover

This is a significant achievement for China since it wants to put to use Syngenta’s top tier Chemicals and patent-protected seeds to improve its agricultural output. In a significant development, ChemChina has managed to win enough support from Syngenta’s shareholders to approve its $43 billion takeover bid. With this strategic move, China has secured a…