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Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter told CNBC.
The Biden administration is investigating China Mobile, China Telecom and China Unicom over concerns the firms could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, three sources familiar with the matter said.
MANILA — The Philippines' defence chief said China used "aggressive and illegal force" to disrupt a resupply mission in the South China Sea and said the maritime incident on June 17, which injured a sailor, was neither a misunderstanding nor an accident.
Chinese regulators are in the process of wrapping up a two-month “spring clean” of the country’s social media.
The near-fatal showdown between Chinese and Philippine maritime forces in the South China Sea last week raised fears of unwanted escalation in the disputed waters.
Beijing has expressed serious concerns following Washington’s proposal of a set of detailed rules that would restrict and monitor United States investments in China for artificial intelligence, semiconductors and quantum computing.
Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid to boost the supply of its blockbuster weight loss drug Wegovy, diabetes treatment Ozempic and other injectable therapies.