U.S. lawmakers advised to bar Chinese state-owned companies from buying U.S. firms

[Michelle Kim| November 11, 2016 |Market Watch] WASHINGTON — The United States should bar Chinese state-owned enterprises from acquiring U.S. companies – takeovers that give China an unfair advantage in trade relations, according to a report released Wednesday by a congressional advisory panel. While Chinese companies face less restricted access in the U.S., China has…

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Top Senate Dem: Obama’s Asia-Pacific trade deal is dead

[JORDAIN CARNEY| November 11, 2016 |The Hill] Sen. Charles Schumer is signaling that President Obama’s signature trade agreement won’t clear Congress, roughly two days after Republican Donald Trump — who opposes the deal — won the White House.  A source familiar with the New York Democrat’s remarks said he told the AFL-CIO executive council that Senate Majority Leader Mitch McConnell(R-Ky.)…

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