Reuters Asia Business

WASHINGTON (Reuters) -Washington has accused online marketplace company Alibaba of providing technological support for Chinese military operations against targets in the United States, the Financial Times said on Friday, citing a White House memo. The national security memo includes declassified top-secret intelligence on how the Chinese group supplies the People’s Liberation Army with capabilities that …

White House says Alibaba is helping Chinese military target US, FT reports Read More »

PARIS (Reuters) -A French consumer watchdog found that besides Chinese fast-fashion retailer Shein, five other online platforms sold illicit products in France, a spokesperson for Commerce Minister Serge Papin said on Friday. The watchdog, called DGCCRF, said AliExpress and Joom were selling child-like sex dolls, while weapons such as brass knuckles and machetes were available …

France finds Wish, Temu, AliExpress, eBay, Joom, Amazon broke rules on illicit products Read More »

By Makiko Yamazaki and Kentaro Sugiyama TOKYO (Reuters) -Japan’s top automobile industry union group has no plans to scale back its wage demands at labour talks next year despite a heavy drag on the sector’s earnings from U.S. tariffs, its chief told Reuters on Friday. The comment from Akihiro Kaneko, president of the Confederation of …

Japan’s automotive union group vows no retreat on wage demands despite tariff pain Read More »

By Eduardo Baptista BEIJING (Reuters) -China’s commerce ministry on Friday criticised comments made by Dutch Economy Minister Vincent Karremans defending the seizure of Chinese-owned, Netherlands-based chipmaker Nexperia, days before senior Dutch officials visit Beijing to discuss how to resolve the dispute. Karremans said in an interview with The Guardian published on Thursday that he had …

China criticises Dutch minister over Nexperia comments ahead of visit to Beijing Read More »

By Ernest Scheyder and Pratima Desai (Reuters) -China has sought to manipulate global critical minerals prices for decades, using its control as an economic weapon to expand its manufacturing sector and its geopolitical influence, a U.S. House of Representatives committee said on Wednesday. The allegations, contained in a 50-page report from the bipartisan U.S. House …

US House report accuses China of minerals market interference Read More »

By Karen Freifeld and Kanishka Singh NEW YORK (Reuters) -Morgan Stanley’s underwriting of Zijin Gold International’s Hong Kong IPO placed it and its U.S. investors at risk of regulatory, financial and reputational harm, a U.S. House of Representatives committee told the bank on Thursday.  Zijin Gold is a subsidiary of Zijin Mining Group, a global mining …

Morgan Stanley questioned by US House panel over Zijin Gold IPO in Hong Kong  Read More »

By Andrew Silver BEIJING (Reuters) -Some doctors in China want national insurance coverage for weight-loss drugs to tackle endemic obesity, medical professionals told Reuters in rare instances of public advocacy, halfway through a decade in which the number of people considered overweight is set to increase. Obesity is China’s sixth leading risk factor in disability …

Chinese doctors call for insurance coverage for weight-loss drugs Read More »