In the News: China-US Tariff Hikes; Chinese Outbound Deals Plummet; Goldman Set For Majority JV Control; and Beijing to Trial Foreign Investment in VPNs

China-U.S. trade war further escalates with latest retaliatory tariff hikes from both sides; Chinese outbound M&A continues downward spiral amid trade war and heightened regulatory scrutiny; Goldman Sachs set to take majority control of Chinese securities JV; and Beijing to trial foreign investment in VPN services by the end of the year

7 minute readAugust 26, 2019 at 02:37 AM
By
Vincent Chow
In the News: China-US Tariff Hikes; Chinese Outbound Deals Plummet; Goldman Set For Majority JV Control; and Beijing to Trial Foreign Investment in VPNs

China unveiled plans to impose new tariffs on U.S. imports in retaliation against the latest round of U.S. tariffs on Chinese imports, targeting U.S. agricultural products, automobiles and apparel.

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