Members of a congressional panel urged U.S. corporations including Coca-Cola Co. and Visa Inc. to pull their sponsorship of the 2022 Winter Olympics unless the games are moved out of Beijing, adding another pressure point in the strained relationship between the world’s two biggest economies.
The top Chinese legislature has passed a bill aimed at protecting China’s core interests, its businesses and officials, from foreign sanctions amid an onslaught of economic attacks from the US and its Western allies.
The United States and Japan are teaming up to invest $4.5 billion in 6G technology. The goal is to create an alternative to a Beijing-led 5G data network.