
US prosecutors may end oversight tool in corporate criminal cases
Review comes as Trump’s DoJ appointees loosen enforcement on crypto, sanctions and foreign bribery
Beijing will ‘strengthen bottom-line thinking’ as reports say it could drop tariffs on some US products
Xi Jinping has announced a plan to counter China’s continuing economic problems and the impact of the US trade war, as reports swirl that it could drop tariffs on some US products, including semiconductors.
Friday’s meeting of the politburo was convened to discuss China’s economic situation, which since the pandemic has faced difficulties fuelled by a housing sector crisis, youth unemployment, and Donald Trump’s tariffs on all Chinese exports.