The country’s legal marijuana business — a rarity in Asia — is struggling with oversupply, illegal imports and regulatory ambiguity. Investors are piling in anyway.
Tag: Foreign Investments
Raimondo Heads to China to Both Promote Trade, and Restrict It
The commerce secretary’s trip may be the clearest demonstration yet of the balancing act the Biden administration is trying to pull off in its relations with China.
Could U.S. Toughness on Chinese Business Have Unintended Consequences?
Businesses fear that efforts to look tough on Beijing, which have the potential to be more expansive than moves by the federal government, could have unintended consequences.
Biden Orders Ban on New Investments in China’s Sensitive High-Tech Industries
The new limits, aimed at preventing American help to Beijing as it modernizes its military, escalate a conflict between the world’s two largest economies.
UAE, a US Ally, Looks to China and Russia for Deeper Ties
The United Arab Emirates, which has translated its wealth into outsize global influence, is diverging from U.S. foreign policy — particularly when it comes to isolating Russia and limiting ties with China.
Europe Vowed to Make Russia Pay for the War. It’s Not That Easy.
Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
UK Sanctions on Russian Oligarchs Allow Generous Exemptions
Despite tough talk, Britain’s new sanctions program against Russia’s invasion of Ukraine has proved shaky. Some oligarchs have received generous exemptions. Officials have at times overreached.
Looming U.S. Investment Restrictions on China Threaten Diplomatic Outreach
Any such restrictions are expected to anger Beijing and will be the first test of the new channels of communication that the world’s two largest economies are trying to restore.
Janet Yellen’s Trip to China: No Breakthroughs But 10 Hours of Talks
Treasury Secretary Janet Yellen, after 10 hours of meetings with Chinese officials, said the two sides would pursue “more frequent communication” despite their deep differences.
Chips Make It Tough for the U.S. to Quit China
Chipmakers are finding it increasingly hard to operate in China but say doing business in the country is still key to their survival.