China Builds New Economic Weapons Ahead of Trump Summit
Key Points: U.S. President Donald Trump rated his October meeting with Chinese President Xi Jinping a 12 out of 10, expecting an end to trade retaliation. Beijing enacted sweeping new laws to seize assets and punish foreign companies that move their supply chains out of China. The United States threatened to impose sanctions on Chinese purchases of Iranian oil, which account for 80% of Iran's...