10.3 C
Beijing
Saturday, March 14, 2026

Ramp Expands to Europe and UK with Billhop Acquisition

Ramp acquires Billhop to expand its financial operations platform into Europe and the UK, opening new offices and enabling direct services for businesses in the region.

Eurosystem Charts Future of Finance with Appia Roadmap for Tokenised Markets

The Eurosystem has launched the Appia roadmap, outlining its strategy for developing a tokenised wholesale financial ecosystem in Europe, ensuring central bank money remains central.

Voyager Acquisition Corp. and VERAXA Biotech AG Merger Gains Shareholder Approval

Voyager Acquisition Corp. shareholders approve merger with VERAXA Biotech AG, paving the way for Nasdaq listing under 'VRXA' despite high redemption rates.

Chinese Ministry of Commerce slams US export control list as an act of economic bullying

BusinessChinese Ministry of Commerce slams US export control list as an act of economic bullying

The Chinese government has condemned the United States’ actions to place multiple Chinese entities on an export control list. The move has been described as an act of economic bullying that undermines the legitimate rights and interests of companies and disrupts normal business exchanges between countries.

A spokesperson for China’s Ministry of Commerce stated that the country firmly opposes the US’s generalization of national security and abuse of export controls. The spokesperson added that the US should cease its unreasonable suppression of Chinese enterprises and correct its erroneous practices immediately.

The US’s actions are being seen as an act of unilateralism and protectionism that suppresses companies and institutions from China and other countries. The spokesperson described the US’s tactics as “typical acts of economic bullying and market distortion.”

The Chinese government has warned that these practices seriously harm the security and stability of global industrial and supply chains, hinder global economic recovery and development, and affect the legitimate rights and interests of Chinese companies.

The spokesperson for China’s Ministry of Commerce emphasized that China will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese companies.

The US and China have been locked in a trade war for several years, with both countries imposing tariffs on each other’s goods. This latest move by the US is expected to further escalate tensions between the two economic superpowers.

Check out our other content

Check out other tags:

Most Popular Articles