Politicians say Nippon Steel’s Chinese links are a risk in its proposed merger with U.S. Steel, though the Japanese company’s presence in China is small.
Then Nippon Steel President Eiji Hashimoto (left) and then Vice President Tadashi Imai attend a press conference to announce a change in leadership, Tokyo, January 12, 2024. Imai is now serving as Nippon's President, effective April 1, 2024. Credit: The Yomiuri Shimbun via AP Images
It was supposed to be a marquee deal fusing together two allies. Instead, four months after Nippon Steel proposed a $14 billion merger with U.S. Steel, the deal has become mired in election year politics and a protracted national security review.
An excerpt from the letter sent by Ohio senator Sherrod Brown to President Biden, April 1, 2024. Credit: Sherrod Brown's official website
Opposition from the United Steelworkers union — which represents roughly half of U.S. Steel’s empl
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Not content to run the world’s second most powerful country for a decade, Xi Jinping set about changing everything everywhere all at once. In an excerpt from their new book, Steve Tsang and Olivia Cheung examine how Xi seized personal control of China’s foreign policy apparatuses.
The academic talks about whether China’s experience shows there can be such a thing as ‘good environmental authoritarianism’, and what the U.S. could learn from its approach to green policy.
Corporate Risk Intelligence for National Security, Compliance & Due Diligence
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
