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China tightens export rules for crucial rare earths
Posted onChina has tightened its rules on the export of rare earths – the elements that are crucial to the manufacture of many high-tech products. New regulations announced by the country’s Ministry of Commerce “to safeguard national security” formalise existing rules on processing technology and unauthorised overseas cooperation. China is also likely to block exports to…
Legoland Shanghai: China bets on Western theme parks to lift spending
Posted onOsmond Chia Business reporter, BBC News Getty Images Tourists flocked to China’s first Legoland theme park as it opened in Shanghai earlier this month, marking another step in the country’s efforts to establish itself as a global travel destination. It is the latest amusement park to be launched in China by a Western brand. Warner…
Trump launches $1m gold card immigration visas
Posted onPresident Donald Trump has launched a scheme offering fast-tracked US visas to wealthy foreigners who can pay at least $1m (£750,000). The card will give buyers a “direct path to Citizenship for all qualified and vetted people. SO EXCITING! Our Great American Companies can finally keep their invaluable Talent,” Trump said on social media on…
Ukraine to import US liquefied natural gas via Greece
Posted onVital supplies of US liquefied natural gas are due to start flowing into war-ravaged Ukraine this winter via a pipeline across the Balkans. The deal was announced after Ukrainian President Volodymyr Zelensky met Greek Prime Minister Kyriakos Mitsotakis in Athens on Sunday. Greece is working to increase the flow of American LNG to its terminals…
