A Wells Fargo banker and a U.S. government employee were blocked from leaving and a Japanese pharmaceutical executive was imprisoned, even as Beijing tries to court overseas investors.
A Wells Fargo branch in New York City. Wells Fargo is one of six global banks that dominate the processing of dollar-denominated payments for China’s exports and imports.
CATL, a Chinese company that is the world’s largest producer of electric vehicle batteries, displayed at the Shanghai auto show in April a lithium-ion battery that can be recharged in five minutes.
Shipping containers on flatbed railway cars, at the port of Hamburg, Germany, in April. European exports to China remain substantial, especially from Germany.