China

Barr warns against Chinese 'dominance' in wireless networks

Attorney General William Barr waded into ongoing diplomatic tensions between the United States and China on Thursday, decrying what he said was Beijing's determination to establish “dominance” in the market of next-generation, high-speed wireless networks.

Coronavirus could cost Coach owner Tapestry $250M

Coach handbag maker Tapestry Inc cut its annual profit forecast on Thursday, warning of a sales hit of up to $250 million due to the coronavirus outbreak in China, where it has closed a majority of its stores.

China allowed coronavirus delays under phase one trade deal

Beijing has pledged to buy $76.7 billion of additional U.S. goods and services, on top of a 2017 baseline, in the 12 months that started Jan. 1, 2020, but the deal deliberately does not spell out when during the year these goods should be purchased.