Bloomberg Business

US Criticizes China’s Pattern of Moves Against Foreign Firms

The Biden administration criticized Beijing for measures it took against American and other foreign companies in China, with a US official saying the actions are worrisome and inconsistent with pledges from Chinese officials to maintain an open business environment.

Saudi Arabia Seeks Regional Embrace of Assad in Win for Iran

Saudi Arabia is leading efforts to formally bring Syrian President Bashar al-Assad back into the Arab inner circle as early as next month, in what would be a win for Iran and Russia and in defiance of US warnings after more than a decade of conflict.