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.
A former Google software engineer has been convicted of trade secrets theft and economic espionage in connection with his efforts to launch a start-up in his native China. The Wire China sat in on Ding Linwei’s trial in San Francisco.
The world's biggest battery manufacturer is pushing the limits of battery tech and supplies carmakers around the world — but a path further into the U.S. is far from certain.
Now on podcast platforms everywhere, The Wire China hits the airwaves to take you behind the scenes of the stories we cover each week. We are dedicated to understanding and explaining one of the biggest stories of our time: China’s economic rise and its influence on the world.
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.OKPrivacy policy
