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France 24

Business

Bryan QUINN

China targets US defence firms over Taiwan, launches trade probe

Taiwan China United States Beijing European Union Japan

BUSINESS DAILY © FRANCE 24

Beijing sanctions three American defence companies as Taiwan's new president takes office. China is also launching an anti-dumping investigation into imported EU, US, Japan and Taiwan chemicals amid a growing trade spat. The country's struggling property market gets a government lifeline, but investors remain unconvinced that it will be enough.

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