According to informed sources, the Trump administration is preparing trade sanctions against China, and an announcement is expected this week. Although denied by the US administration, the move follows Donald Trump’s “disappointment” with China on Twitter, accusing Beijing of doing nothing to tackle DPRK over nuclear crisis. Is such a move fair or even reasonable? And, as tensions escalate again between world’s largest and second economies, could a trade war be in the offing?
A court in Beijing has ordered yet another freeze on the assets of struggling tech company LeEco, which is well known in China as an ambitious company that pledged to challenge American giants like Apple and Tesla. In 2004 Jia Yueting founded a video website and expanded it into an integrated ecosystem which includes media content, smartphones, TVs, electric bicycles, and cars, as well as movies. The expansion, however, relied heavily on debt to fund its ever expanding list of projects. What are the top risks for businesses to expand? What is the current venture capital situation in China?
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