FirstFT: The U.S. blacklists eight other Chinese companies


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The Biden administration lists eight Chinese companies including DJI, the world’s largest commercial drone manufacturer Investment blacklist Suspected of participating in the surveillance of the Uyghur Muslim minority.

According to two people familiar with the matter, the U.S. Treasury Department will add DJI and other groups to its blacklist of “Chinese military enterprises” on Thursday. American investors are prohibited from holding financial shares in 60 Chinese groups that have been blacklisted.

The measure marks the latest effort by US President Joe Biden to punish China’s crackdown on Uighurs and other Muslim minorities in northwestern Xinjiang.This is the rest Blacklisted companies.

Do you agree with the actions of the Biden administration? Why or why not?tell me your idea [email protected]. Thank you for reading FirstFT Asia.This is the rest of the news today-Emily

1. Fed officials expect to raise interest rates three times next year more Hawky interest rate forecast It was announced at the same time as the Fed’s plan to withdraw or double the speed of the “scaling” of the large-scale bond purchase program implemented at the beginning of the pandemic. It will reduce purchases by US$30 billion a month starting in January to curb inflation.

2. The SEC proposes to increase the transparency of Archegos swaps U.S. market regulators have Proposed rules Injecting more transparency into the derivatives that bombed the hedge fund Archegos Capital will force investors to disclose swap positions, allowing them to establish invisible shares in listed companies.

3. Iran allows IAEA cameras to enter key nuclear facilities Iran has agreed to allow the UN’s atomic monitoring agency Reinstall the camera This move will ease tensions with the International Atomic Energy Agency as Tehran meets with world powers on the future of the 2015 agreement.

4. Lithuania withdraws diplomats from China As Beijing retaliated against the Baltic States’ efforts to strengthen relations with Taiwan, Lithuania Pulled the remaining diplomats Leaving China out of concerns about their safety. This consequence threatens the EU’s dilemma.

5. Kaisa’s foreign investors negotiate on the acquisition of the group’s non-performing loans Kaisa’s international investors are negotiating to purchase up to US$1 billion of non-performing loans from Chinese real estate developers to promote getting information Regarding its opaque restructuring process, the industry was in trouble due to the collapse of Evergrande.

Coronavirus Digest

  • Two doses made in China ZTE Vaccine provision “Insufficient” antibodies According to Hong Kong researchers, it targets the Omicron variant.

  • The data shows that Pfizer and Moderna’s Booster Jab provides protection Omi Kron, A senior U.S. health official said. “At this point, there is no need for variant-specific boosters,” Anthony Facui said.

  • This UK Recorded it Highest number The number of coronavirus cases per day since the pandemic began, as more than 78,000 people tested positive in a single day.

  • The world will face Lack of 3 billion vaccine shots At the beginning of next year, if richer countries “actively” increase the number of adults and provide immunizations for children, World Health Organization warn.

the day before

Interest rate determination This is an important day for interest rate decisions.Economists expect the Bank of England to maintain interest rates at 0.1% When we met today.Decision makers in European Central Bank And the Swiss National Bank will also announce its decision.

Rivian Earnings The start of an electric car Soar Companies listed on the Nasdaq last month will report third-quarter earnings.

European Council Summit The Brussels meeting will be the first time a new German Chancellor will attend Olaf Schultz.

Thanks to the readers who participated in our poll yesterday. 86% of the interviewees said that inflation has made the goods where they live become more expensive.

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FT Person of the Year: Elon Musk Although facing a large number of doubters in the traditional auto industry and Wall Street, the controversial CEO of Tesla triggered a historic shift to electric vehicles.therefore British “Financial Times” named Musk as Person of the Year. Edited by Roula Khalaf in A letter to readers.

Musk claims to be the most innovative entrepreneur of his generation

Musk claims to be the most innovative entrepreneur of his generation © AFP via Getty Images

Putin and Xi Jinping discuss strengthening cooperation Russia tried to describe this week’s call between Vladimir Putin and Xi Jinping as the 37th meeting between them since 2013. He expressed support At a time when the relationship between the two countries and the West has deteriorated to a low point that has never been seen since the Cold War more than 30 years ago.

Catherine Murdoch has a plan (and $100 million) to solve American political problems It has been more than 20 years since she married this family known for its media empire.Her family has Profit from the party. Now she is using these proceeds to try to repair the center. (No, she said she never watched HBO succession.)

“Green defector” abandons the high-flying career More and more executives are quitting blue chip jobs Responding to climate change. Those who have switched careers admit that they are fortunate to have financial security that allows them to quit their jobs. For those who want to follow suit but are afraid of the consequences, many people think that this shift is ultimately worthwhile.

Tennis player struggling to break even Tennis champions Novak Djokovic and Naomi Osaka are among the highest paid athletes in the world. But lower-ranked players often struggle to make a living.for This video, The Financial Times tracked two players struggling to reach the top and get paid.

music

Musician Nile Rodgers wants you to play his guitar.Co-founder of the disco group Chic, whose hits include “Le Freak” and “Good Times”, is collecting dozens of electric and acoustic guitars from his personal collection Auction at Christie’s In New York this week, I hope they find a new life.

Rogers of the Nile

© Getty Images

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