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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Farm-to-table dining is a way of life in France, both in restaurants and at homeI shop at farmers markets regularly. Related storiesWith two farmers markets weekly per neighborhood in Paris, I also now think in terms of seasons when it comes to food. Kasia DietzOne of the most significant lifestyle changes I've made since moving to Paris is connected to sustainability. To further celebrate local design, I even lead custom fashion tours to introduce visitors to unique and ethically-minded Parisian brands.
Persons: , Mais, I'm, Kasia Dietz, I'd, me, I've Organizations: Service, Paris ., EU, Business, New Yorker Locations: Paris, France, New York City, New York, Bordeaux, Burgundy, Candelaria, moonlighting, Western Europe, New
San Miguel Gate, Tohono O’odham Nation CNN —The thermometer hit 111 Fahrenheit as we rolled up to a battered tent deep in the Tohono O’odham Nation reservation in Arizona. Chairman Verlon Jose, leader of the Tohono O’odham Nation, considered addressing them, and then turned away. CNNPeople wait to be taken in by Border Patrol after crossing the US-Mexico border near the San Miguel gate on the Tohono O'odham reservation, Arizona in June 2024. Evelio Contreras/CNNYou could drive for miles on the sprawling Tohono O’odham reservation without encountering anyone beside the free-ranging cattle. Some Tohono O’odham Nation members put out water or food for the migrants, others are afraid to.
Persons: Verlon Jose, , Evelio Contreras, Jose, ” Jose, Katie Hobbs, we’re, Annette Mattia, “ We’re, you’ll, ” Annette Mattia, , Ariel Mattia, Raymond Mattia's, who’ve, CNN –, ” Norma, You’ve, ain’t, Mike Wilson, ” Wilson, Raymond Mattia, ” “, Mattia, Biden, That’s, Trump, CNN’s Rachel Clarke Organizations: CNN, Patrol, Border Patrol, US Border Patrol, US Customs, Border Protection, CNN CNN, Customs and Border Protection, CBP, San, CNN Migrants, CNN Border Patrol, CNN Security, US, Plymouth Rock Locations: Miguel Gate, Arizona, Pima County , Arizona, Mexico’s, Cortez, Mexico, United States, San Miguel, Arizona’s Tucson, Menagers, , Arizona, Pima County, America, Tucson, Arizona's, illegals, American, Atlanta
"Flying Fairy," a 53% alcohol from Shanghai-listed Kweichow Moutai , saw wholesale prices drop by more than 5% in a week. He agreed the drop in wholesale prices won't have a big impact on Moutai's immediate earnings. What's also different about Moutai's stock decline is that investors aren't rushing in to bottom fish as they have in the past, Ye said. "The recent wholesale price drop we think is mostly triggered by the arbitragers in the market," Morningstar's Song said. She expects wholesale prices to increase in coming months given major Chinese holidays in the fall.
Persons: stoking, That's, Jennifer Song, Song, Kweichou Moutai, Ye Yuhua, What's, Ye, Moutai, Huatai, Moutai's, Goldman Sachs Organizations: Nomura, Morningstar, Stock, Capital, Financial Holdings, JPMorgan, Macquarie Locations: Shanghai, Guangzhou, Hainan
How China could take Taiwan without even needing to invade
  + stars: | 2024-06-21 | by ( Brad Lendon | ) edition.cnn.com   time to read: +12 min
“China has significantly increased pressure on Taiwan in recent years, stoking fears that tensions could erupt into outright conflict. China’s escalating gray zone tactics were on stark display this week as China Coast Guard vessels clashed with Philippine Navy boats in the South China Sea. In the 24 hours ending at 6 a.m. Friday, 36 Chinese military aircraft crossed into Taiwan’s air defense identification zone, Taiwan’s Defense Ministry says. Meanwhile, a quarantine, rather than a blockade, would not require China to close or restrict access to the Taiwan Strait, the CSIS report notes. Under its claims that Taiwan is Chinese territory, Beijing could require customs declarations to be filed before vessels can call in Taiwan.
Persons: CNN —, Beijing’s, Xi Jinping’s, Bonny Lin, Brian Hart, Matthew Funaiole, Samantha Lu, Tinsley, stoking, Adm, Dong Jun, , Dong, China’s, , Joe Biden, Rong Xu, Carl Schuster, ” Schuster, Alessio Patalano, Sidharth Kaushal, Patalano Organizations: CNN, Communist Party, Center for Strategic, International Studies, China Coast Guard, CSIS, TAIWAN, GUARD, People’s Liberation Army, PLA, Chinese Defense, Philippine Navy, Taiwan Relations, White, PLA Navy, Maritime Safety Agency, Taiwan’s Defense Ministry, Bloomberg, Getty, , Pacific Command’s Joint Intelligence Center, Taipei, King’s College, Taiwan’s Ministry of Economic Affairs, Imports, Royal United Services Institute Locations: Taiwan, Ukraine, China, Washington, United States, Pengjia, Beijing, Singapore, South China, Manila, Second, Philippines, Taiwan’s, Taiwan Strait, Port, Taichung, Kaohsiung, London, Covid
Hong Kong/London CNN —Battered by Western sanctions, Russia’s largest privately owned bank is expanding its business in the world’s second-largest economy. That would make the lender the first private Russian bank to open full-service branches in the two major Chinese cities. The bank is part of Alfa Group, one of Russia’s largest financial and investment conglomerates, which was founded by Fridman. Alfa Bank made a loss of 117.1 billion rubles ($1.44 billion) in 2022, according to its annual report for that year. A year later, it seemed to bounce back, reporting profit of 120.9 billion rubles ($1.4 billion) for 2023.
Persons: Mikhail Fridman, hasn’t, Fridman Organizations: London CNN, Alfa Bank, CNN, Alfa Group, European, Moscow, Hong Kong Equity Investment Association Locations: China, Hong Kong, London, Russian, Beijing, Shanghai, Ukraine, United States, Russia, Italy, Western
“I don’t hear a lot about the border here in Dallas, and I’m in a border state. Today, border issues are an even greater concern for Texas voters. In his race to unseat Cruz, Allred is now spending at least $380,000 running an online ad exclusively dedicated to the border issue. To fix it, we have to go after the cartels and fix the border,” Allred says in the ad. Allred has also shifted his rhetoric on a border wall popularized by Trump.
Persons: Colin Allred, who’s, GOP Sen, Ted Cruz, , Joe Biden, Allred, Trump, , Biden, – Allred, ” Allred, CBS News ’ Major Garrett, Cruz, “ I’m Colin Allred, we’ve, I’m Colin Allred, I’m, Josh Stewart, Allred –, Pete Sessions, Organizations: CNN — Democratic, GOP, Republican, NFL, CBS News ’, Customs, Border Protection, University of Texas, Texas Tribune, Texas, Senate, Facebook, CNN, Democratic, Republicans, Trump Locations: Texas, Mexico, Dallas, Biden’s, Covid, Brownsville,
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTThe Apple Siri AI icon is being displayed on a smartphone, with Apple Intelligence in the background. Apple Intelligence is the Cupertino giant's play that aims to bring AI across its devices. Apple's China AI challengesNavigating these rules will be tricky for Apple. "Localising the Apple Intelligence experience will be a major challenge for Apple," Wood told CNBC. CCS Insights' Wood said Apple's focus on privacy could help introduce AI features to the market.
Persons: Siri, Jonathan Raa, Apple, Bryan Ma, Nicole Peng, Ben Wood, Wood, Neil Shah Organizations: Apple Intelligence, Nurphoto, Getty, Huawei, CNBC, Apple, IDC, Baidu, Insight, Counterpoint Research Locations: China, Beijing, Cupertino
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia is rushing to expand its arms production by buying secondhand machine tools from China through covert networks to get around Western sanctions. A report from Washington-based nonprofit think-tank The Center for Advanced Defense Studies, or C4ADS, said that Russia's arms manufacturers were "scrambling to expand their production capabilities using whatever they can get." And Russian defense industry analyst and lead researcher Allen Maggard told the Financial Times that the decades-old machine tools Russia is importing are still effective. AdvertisementGlenn Gray, the president of Gray Machinery, told the FT he'd never heard of the company.
Persons: , Allen Maggard, Andrey Mironov, Glenn Gray, Tsugami, hasn't, C4ADS, UMIC —, ELE Organizations: Service, Advanced Defense, Business, Financial Times, Kremlin, AMG, ELE Technology, Gray Machinery Locations: Russia, China, Washington, Ukraine, UAE, Russian
"Marriage takes hard work," Kate tells Colin. "Our marriage is not hard work," Anthony quips. Luckily, "Bridgerton" has just given us the perfect set-up for a potential Kanthony spinoff — one that feels like it could generate another story. Simone Ashley as Kate and Jonathan Bailey as Anthony on the season three premiere of "Bridgerton." All episodes of "Bridgerton" season three are now streaming on Netflix.
Persons: , Kate, Anthony's, they've, Simone Ashley, Jonathan Bailey, Anthony, Colin, they're, Colin's, Shonda Rhimes, Betsy Beers, Rhimes, Liam Daniel, Charithra Chandran, Edwina —, Ashley, Jess Brownell, Bailey Organizations: Service, Business, Town, Netflix Locations: India
London CNN —Beijing has launched an investigation into prices of pork from the European Union, targeting a major EU food export just days after Brussels hiked tariffs on electric vehicles from China. A hike in import tariffs could be very costly for European pork producers if it ends up hurting demand in China, the world’s largest pork market and the main destination for EU pork exports. The EU is the second-biggest pork producer after China. According to EU customs data, the bloc exported more than €2.5 billion ($2.7 billion) worth of pork, including offal, to China last year. Beijing had been widely expected to use targeted measures to try to dissuade EU officials from permanently adopting higher tariffs on electric cars imported from China, a decision the EU must make by November.
Persons: Olof Gill, Gill, , Xu, Maisie Linford Organizations: London CNN —, European Union, China’s Ministry of Commerce, EU, European Commission, World Trade Organization, WTO Locations: London CNN — Beijing, Brussels, China, Beijing, Spain, Netherlands, Denmark, France, Europe
Prices in 70 major cities were down 0.7% in May from April, National Bureau of Statistics (NBS) figures showed on Monday. According to separate calculations by the Macquarie Group, prices of existing homes in those cities fell by 7.5% year-on-year last month, marking the biggest decline on record. A month ago, Beijing unveiled wide-ranging measures to rescue the crisis-hit property market, including asking local governments across the country to buy unsold homes from beleaguered developers and easing rules on purchases. Measures, including efforts to provide cheap loans to state-owned enterprises for buying unsold homes from distressed developers, will “take time” to have an impact on the property market, the analysts said. Property investment for the first five months of the year dropped 10.1% from a year ago, according the NBS on Monday.
Persons: , Organizations: Hong Kong CNN, National Bureau of Statistics, Macquarie Group, Societe Generale, NBS, Labor, Macquarie, HSBC, Communist Party Locations: China, Hong Kong, Beijing
While secluded, remote coastal destinations have enduring appeal, a great beach city provides travelers with top-notch hotels, restaurants and cultural attractions, as well as the requisite sandy feet, endless waves and ocean sunsets of a great beach vacation. We’ve gone farther afield from the Miamis and Honolulus of the world to offer these five beach-city suggestions. As always, research site-specific travel tips and observe local customs on appropriate beachwear and seaside behavior.
Persons: We’ve
The building was being used by a rival political party, she believes. A few miles east along the border, CNN met several more Mexican families who had been sheltering for days in a tent erected by a local humanitarian group. Intimidation was particularly pervasive in local-level elections, experts told CNN, where races could hand the winners broad control over small communities’ police and fiscal resources. Immigrant rights advocates warn closing the border to asylum seekers endangers vulnerable people and ultimately makes the border less safe. They were treated with respect by the US agents, she told CNN, who swabbed them for DNA – likely to ensure that the children were really hers.
Persons: Norma, Norma doesn’t, Strange, Joe Biden, , Norma Galeana, Carin Zissis, Zissis, “ We’re, Yolanda Sánchez Figueroa, Salvador Guerrero, Andres Manuel Lopez, Lopez, Morena, ” Zissis, Claudia Sheinbaum, Lopez Obrador, Norma’s, , Joe Biden’s, It’s, CNN’s Priscilla Alvarez, Tara John, David Shortell Organizations: Arizona CNN, CNN, Border Patrol, Homeland Security, Americas Society, Legal Clinic, National Guard, AS, Border Locations: Sasabe, Arizona, Mexico City, , Mexico, United States, Cotija, Michoacán, North America, Hermosillo
China's exports in May blew past estimates, rising 7.6% year-over-year in dollar terms. But as cheap products flood the US and EU, Western leaders are responding with trade barriers. But as Beijing unloads its products on the world, it's turning up the heat on trade tensions. Friday's data suggests that technology products are boosting China's exports, resulting from the country's growing emphasis on advanced manufacturing. Last month, President Joe Biden announced fresh tariffs against Beijing's advanced products, including quadrupling the duties on Chinese electric vehicles.
Persons: that's, Joe Biden, Donald Trump, Leland Miller, Donald Trump's, Neil Shearing Organizations: Service, Reuters, European Union, Beijing's, Republican Locations: EU, Beijing, China, Southeast Asia
There are more than 70 cases in which Tren de Aragua is mentioned in law enforcement documents or prosecutors’ complaints. Castro-Mata entered the country illegally last July, a member of Immigration and Customs Enforcement told CNN. The Venezuelan has tattoos associated with Tren de Aragua – which court documents for a suspected gang member in Georgia describe as five-pointed crowns, five-pointed stars and teardrops – the New York Police Department told CNN. A fellow police officer who refused to cooperate with the gang in his native Aragua state was shot 50 times, Boza says. They tied his body to a motorcycle and dragged it throughout the San Vicente neighborhood to demonstrate the power of the Tren de Aragua,” Boza said.
Persons: CNN —, Biden, , Óscar Naranjo, Aragua, Yuri Cortez, Primeiro Comando, ” Britton Boyd, Jason Owens, Tren, ” Owens, Bernardo Raul Castro, Mata, Castro, teardrops, , Allbert Herrera Machado, Vanesa Chourio, Diaz, Josmar Jesus Zambrano, Zambrano, Herrera Machado, Chourio, Álvaro, Boza, ” Boza, Florida Sen, Marco Rubio, Ana María Salazar, Joe Biden, ” CNN’s Jaide Timm, Garcia Organizations: CNN, Chicago . Local, Transnational Criminal Organization, , South, Colombian National Police, CNN Tren, , Transparency Venezuela, Venezuelan, Bolivarian National Police, Gang, Getty, National Liberation Army, Villa del Rosario, Norte de Santander, US State Department, Police, Customs, Border Protection, FBI, Border Patrol, , Enforcement, New York Police Department, Baton Rouge Sheriff’s Department, Tren, San, Florida, Republican Locations: South Florida, New York, Chicago ., Aragua, Venezuela, United States, Bolivia, Colombia, Chile, Peru, America, Carabobo, Tocorón, AFP, Venezuelan, Brazilian, South America, Tren, Villa, Norte, El Paso , Texas, Texas, Georgia, Queens . Castro, Louisiana , Texas, Virginia , New Jersey, Florida, , San Vicente, Central, Ecuador
China's exports grow more than expected in May, up by 7.6%
  + stars: | 2024-06-07 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +1 min
BEIJING — China's exports in May grew faster than expected, while imports missed forecasts, customs data showed Friday. Exports rose by 7.6% in May from a year a go in U.S. dollar terms, beating expectations for 6% growth, according to a Reuters poll. In April, China's exports rose by 1.5% year-on-year, while imports climbed by 8.4%. China's imports and exports to the U.S. and EU fell during that time, according to CNBC calculations of official data. China's exports to Russia fell during that time, while imports from Russia rose by 7.5%.
Organizations: BEIJING, Reuters, ., CNBC, Association of Southeast Locations: U.S, EU, Nations, Russia
CNN —With an election looming, President Biden’s new executive action on the border aims to send a loud and clear message about his approach to immigration. The president’s proclamation, announced Tuesday, still allows for the normal flow of commerce and legal immigration across the border. But it bars migrants who cross the border illegally from seeking asylum once a daily threshold is met. Border authorities encountered around 3,500 migrants crossing the border unlawfully on Monday, according to a Homeland Security official, above the threshold needed for the executive action to take effect. And immigrant rights advocates warn that closing the border to asylum seekers will endanger vulnerable people and ultimately make the border less safe.
Persons: Biden’s, Biden, that’s, It’s, Joe Biden, Al Drago, we’ve, Andres Manuel Lopez Obrador, haven’t, , Claudia Sheinbaum’s, she’s, she’ll, Lopez Obrador, they’d, Trump, CNN’s Rosa Flores, Priscilla Alvarez, Donald Judd, Ana Melgar, Karol Suarez Organizations: CNN, Homeland Security, Border, Congress, Bloomberg, Getty, Biden, Civil Liberties Union, ACLU Locations: Mexico, America, Caribbean
Tuesday’s election results, in which Prime Minister Modi sealed a rare third term, only enhance the sense of gloom and doom for Indian Muslims like me. With the BJP back in power – albeit without the supermajority it had vowed – my only hope lies in a politically weakened Modi now. A weakened Modi shall, hopefully, translate into a more robust India and more secure minorities. In the days and months to come, things could get seriously tough for Indian Muslims. It could be the norm for the rest of India soon as the BJP tries to deny Indian Muslims the right to follow Islamic laws in civil matters, a right granted by the Indian Constitution.
Persons: Salam, Read, Modi, Modi’s, Mukhtar Khan, , , Narendra Modi, Elke Scholiers, Rahul Gandhi, Jawaharlal, Taj Mahal, Qutb, We’ve Organizations: , New, New Delhi CNN, Bharatiya Janata Party, BJP, India’s Independence, Indian National Congress, INC, Union Budget, SC, , OBC, Twitter, Telugu Desam, Janata Dal, Congress Locations: Hindu India, New Delhi, Narendra Modi’s India, India, , Srinagar, Rajasthan, Muslim, Pakistan, Lok, Gujarat, Ghaziabad, Uttar Pradesh, Lower, Independence, Kerala, Mumbai, Gandhi’s, BJP, Qutb Minar, Delhi, Babri, Assam, Uttarakhand, Indian
How the super rich ship their cars
  + stars: | 2024-06-05 | by ( Simon Usborne | ) edition.cnn.com   time to read: +6 min
Hallworth's business, Dan Car Logistics, ships more than 100 flash cars a year. If anything, he says, the flow of wheels has reversed; he’s often transporting cars from London to Dubai for people travelling or doing business there. December was the busiest month, and the biggest destinations for cars leaving the UAE were Frankfurt, Zurich and Chicago. Some of Hallworth's clients have been put off storing cars in cities like London. “We always want the owner’s ID, the registration documents of the cars and to get a feel of the customer,” he says.
Persons: Naran, , Daniel Hallworth “, he’s, , ” Dan Hallworth, Daniel Hallworth Hallworth, Hallworth, ” Mercedes, Chiron, Daniel Hallworth, “ I’ve, “ It’s, I’m Organizations: CNN, Porsche Carrera GT, Private Jets, Porsche, London Volkswagen, Dan Car Logistics, Cape Town, Samsung TV, Nissan, Bugatti, London . Newspapers, Police, Etihad Cargo, UAE, Daniel Hallworth Etihad Locations: Zimbabwe, Dubai, London, Los Angeles and New York, Emirates, hatchbacks, Cape, Manchester, England, East, Harrods, Los Angeles, Marbella, Spain, Qatari, Heathrow, Abu Dhabi, Frankfurt, Zurich, Chicago
Mike Blake | ReutersSince 2019, immigration has added 2 million workers to the U.S. labor supply, according to an April analysis by Tedeschi. Without immigrants, Tedeschi estimated that the size of the U.S. labor supply would have shrunk by 1.2 million during that period. The short answer is that this executive order will probably not increase inflation. Some experts say the executive order could bring down costs by smoothing out the U.S.-Mexico supply chain. Biden's executive order could help clear some of these supply chain bottlenecks.
Persons: Joe Biden, Leah Millis, Joe Biden's, Biden, Andrés Manuel López Obrador, Jose Luis Gonzalez, Ernie Tedeschi, Tedeschi, Trucks, Daniel Becerril, Donald Trump, I'd, Mike Blake, Tara Watson, Guillermo Arias, Jerry Pacheco, It's, Pacheco, Watson, Trump, Saul Loeb Organizations: White, . Border Patrol, Department of Homeland Security, NBC, Texas National Guard, Reuters, United, Yale University's, White House Council, Economic Advisers, Customs, Brookings, Immigrants, AFP, Getty Images Shipping, Border Industrial Association, Getty Locations: U.S, Mexico, Washington , U.S, United States, Texas, Ciudad Juarez, Nuevo Laredo, Biden's, San Diego , California, Mesa Port, Tijuana , Mexico, New Mexico, Calexico , California
Biden unveiled the sweeping executive action Tuesday afternoon at the White House, attempting to use executive action to affect the situation on the border after a bipartisan measure failed earlier this year. The new executive action bars migrants who cross the border illegally from seeking asylum – a departure from decades-long protocol – once a daily threshold is met. Senior administration officials told reporters Tuesday it would be lifted when there’s a daily average of less than 1,500 encounters in between ports of entry. Senior administration officials acknowledged that federal resources are strained, which could pose a challenge, but they maintain that the measure will help them remove people more quickly. Senior administration officials Tuesday cited the measure as a tool to help head off that potential increase.
Persons: Washington CNN —, Biden, Joe Biden, Donald Trump, ” Biden, Jose Luis Gonzalez, Critics, Trump, they’re, Gregory Bull, , , There’re Organizations: Washington CNN, White House, White, Republicans, Homeland Security, Texas National Guard, Reuters Homeland Security, Customs and Border Protection, Border Patrol, Trump, AP, , Migrants Locations: Mexico, United States, Ciudad Juarez, Trump’s, San Diego, Cuba, Haiti, Nicaragua, Venezuela
The measure, which is expected to take effect in October, will see drinking alcohol forbidden on streets or public places in Shibuya from 6 p.m. to 5 a.m. every day. Shibuya City, which is a self-governed district within Tokyo, can make its own local regulations. Last fall, Shibuya banned Halloween-related activities in the district, with alcohol cited as a main reason behind the prohibition. That included a ban on drinking alcohol outside of bars and restaurants. Local Gion residents have also taken some measures themselves, such as blocking off private alleys.
Persons: Ken Hasebe, Hasebe, overtourism, Organizations: CNN, Shibuya, overtourism, Local Locations: Shibuya, Japan, Shibuya City, Tokyo, Meiji, Kyoto
Just ask Ross Stores: America’s largest off-price retailer reported earnings and revenue that beat analysts’ forecasts last week. The US Labor Department releases April figures on job openings, quits, hires and layoffs. The US Commerce Department releases April figures on new orders for manufactured goods. The US Commerce Department releases April data on exports and imports. Friday: The US Labor Department releases May data gauging the state of the job market, including monthly payroll growth, wage gains and the unemployment rate.
Persons: Ross, , ” Adam Orvos, ” TJX, TJ Maxx, LVMH Moët Hennessy Louis Vuitton, ” Clayton Allison, Allison, ” Allison, Brown Forman, Campbell Organizations: CNN Business, Bell, Washington CNN, Companies, Ross Stores, Marshalls, Burberry, Prime Capital Investment Advisors, CNN, Walmart, P Global, Institute for Supply Management, CrowdStrike, Hewlett Packard Enterprise, Body, US Labor Department, US Commerce Department, Bank of Canada, Autodesk, Smucker, DocuSign, Vail Resorts, European Central Bank Locations: Washington, North America, Europe, Australia, Americas, Zumiez
It was spring, and I wanted to do something spontaneous, so I asked her to cut my long hair. I had moved to Kosovo, where every decision had to be approved by my husband. My husband doesn't care what I do with my hair as long as I keep it out of his food. To this day, I regret not going, but I trust that my husband understands his culture better than I do. Adjusting hasn't always been easy, but after three years, I have grown to accept and feel comfortable in this culture.
Persons: me, , wouldn't Organizations: Service, Hollywood Locations: America, Kosovo, Europe
China to restrict exports of some aviation and space components
  + stars: | 2024-05-31 | by ( ) edition.cnn.com   time to read: +2 min
Beijing (Reuters) — China will control exports of some aviation and space components from July 1, its Commerce Ministry announced on Thursday, citing a need to protect the country’s national security and interests. Beijing brought in its Export Control Law in late 2020, amid an escalating trade war kicked off by Trump-era tariffs on $300 billion of Chinese goods in 2018. The United States and European Union, for example, also control the export of various aerospace components over concerns such parts might find “dual-use” application by hostile states. “China has learned from international practices and implemented export controls on relevant items according to its own needs,” an explanatory note from the Commerce Ministry said. Exports will be licensed if they comply with the relevant regulations,” it added.
Persons: Organizations: Reuters, Commerce Ministry, China’s Customs Administration, Central Military Commission, State Council, Ministry of Commerce, Export Control Law, Trump, European Union Locations: Beijing, China, United States
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