Much has been written about China’s alleged role in the US opioid crisis. Chemicals from Chinese suppliers have supposedly been used by Mexican cartels to produce fentanyl, which is then trafficked into the United States where it has fuelled a deadly overdose crisis. Successive US administrations have pressured Beijing to crack down on its chemical industry. China has taken repeated steps to regulate precursors, including most recently last month when it restricted 13 new chemicals at US... Events
Nexperia dispute escalates: Dutch minister cancels China visit, Beijing spotlights ex-Wingtech chair DIGITIMES Asia Politics
Japan PM Sanae Takaichi Repeats 1972 Stance Respecting China’s View on Taiwan Bloomberg.com Politics
Dutch politician in Nexperia dispute cancels December visit to China Reuters Politics
The rapid rise of tokenisation risks repeating China’s earlier boom-and-bust cycle in peer-to-peer lending unless clear industry standards are established to ensure discipline and innovation, according to a senior Chinese asset manager. Some multilevel marketing companies in mainland China have already started holding meetings discussing real-world asset (RWA) tokenisation projects over the past year, raising “genuine concerns” that the nascent industry might be heading towards a... Events
Evening digest: global markets wobble, gold spikes, Beijing challenges Dutch chip takeover Invezz Politics
China repeats call for Dutch takeover of Nexperia to be cancelled Reuters Politics
British politics is once again allowing domestic drama to override strategic thinking. The latest hysteria surrounding alleged Chinese spying and Beijing’s plans for a new embassy in London illustrates how Britain’s foreign policy risks being driven less by sober calculation than by political theatre. The consequences could be severe: Britain is edging towards repeating the mistakes of Brexit, trading its long-term national interests for short-term populist gain. In the United States, the... Politics
Opinion | Britain in danger of repeating Brexit mistakes with China relations South China Morning Post Politics