China

US government to probe Zoom deal over China ties

A Justice Department-led panel is investigating Zoom Video Communications Inc.’s deal to buy an American customer-service software company, citing potential national-security risks posed by the U.S. videoconferencing giant’s China ties.

China's Evergrande says it will make debt payment

Evergrande's struggle to comply with financial restrictions imposed by regulators to curb rising debt in the Chinese economy has prompted fears a default might cause global shockwaves.

Beijing unlikely to save Evergrande, report says

Evergrande, the massive Chinese real estate developer that rattled the US market on Monday after reports that it is struggling to avoid defaulting on $89 billion in debt, is unlikely to benefit from a Beijing bailout, according to a report.

Trump sanctions on Iran decimated regime's global trade: report

Trump administration sanctions on Iran decimated the hardline regime's trade with the world's largest economies, knocking it from $46 billion in 2019 to $28 billion in 2020, according to a non-public report sent by the Biden administration to Congress earlier this month.