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‘[This] cannot become the norm’

With the European Union’s goal of reducing planet-heating air pollution by 55% by 2030, a new move by the European textile and clothing federations may bring this aim even closer. According to Just Style, 20 organizations at the Première Vision trade event in France signed a declaration against fast fashion. The organizations highlighted the rise…

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China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute

China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute

In a move that could dent China’s relations with the European Union, Chinese technology company Wingtech said control of its Dutch subsidiary Nexperia has been effectively frozen, following an intervention by a government ministry and court in the Netherlands. In a corporate filing dated October 13, lodged with the Shanghai Stock Exchange on Sunday, Wingtech…

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Transformation of China’s supersized market will suit Italian investors: Wang Yi

Transformation of China’s supersized market will suit Italian investors: Wang Yi

Beijing is committed to a “fair” playing field for Italian investors, top diplomat Wang Yi pledged in Rome on Wednesday, as he courted international support for China’s next five-year plan. Addressing a joint press conference with his Italian counterpart Antonio Tajani, the Chinese foreign minister also announced a further extension to Beijing’s unilateral visa-free entry…

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