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US Strengthens China Takeover Rules

Beijing has condemned new rules introduced by the US which it says target Chinese firms.

Beijing has condemned new rules introduced by the US which it says target Chinese firms. Shaun Rein is managing director of China Market Research Group in Beijing, and explains why China is opposed to the new US Defence Authorisation Act. Also in the programme, amid fears that Turkey's currency crisis is spreading to other emerging markets, our regular economic commentator, Roger Bootle of Capital Economics considers the likelihood of wider contagion. After our coverage yesterday of a court ruling in California against Monsanto, makers of the weedkiller Glyphosate, where we heard from the company, we get reaction from Brent Wisner, who is a lawyer for Dwayne Johnson, the beneficiary of $289m compensation ordered in settlement of the case. Plus we talk to Zack O'Malley Greenburg of Forbes magazine, about his list which ranks the top ten richest country music stars.

(Picture: Donald Trump signs the Defence Authorisation Act. Picture credit: Getty Images.)

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27 minutes

Last on

Tue 14 Aug 2018 14:32GMT

Broadcast

  • Tue 14 Aug 2018 14:32GMT