In a surprise move which probably shouldn’t come as a surprise, Trump admin goes for the usual shock tactic ahead of key talks with China. The Trump admin has added an additional 28 Chinese firms to its Entity List, which effectively restricts their ability to do business with the US firms. Whilst the US has denied that the move is related to trade talks, it’s hard to imagine the move is not designed to provide the US with leverage, given trade talks are just 2 days away. But for what it’s worth, the official reason is for Beijing’s mistreatment of ethnic minorities and breach of human rights. Asked on whether a ... (full story)