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China opposes US move to list top firms as military companies - AP News

15 Jun 2026
4 minute min
Ion Ionescu
Models stand next to a latest EV car from Chinese automaker BYD showcased at the Auto China 2026, in Beijing, April 25, 2026. (AP Photo/Andy Wong, File) Add AP News as your preferred source to see more of our stories on Google. Share (function () { const counter = document.getElementById("scrollToComments"); const HEADER_OFFSET = 120; function findCommentsModule() { return document.querySelector('.vf3-comments, #vf-conversations, '); } function maybeShowCounter() { if (findCommentsModule()) { counter.style.display = "inline-flex"; } else { counter.style.display = "none"; } } // Show only when Viafoura is present maybeShowCounter(); // Watch DOM for late loads const observer = new MutationObserver(maybeShowCounter); observer.observe(document.documentElement, { childList: true, subtree: true }); // Scroll action counter.addEventListener("click", function () { const el = findCommentsModule(); if (!el) return; const top = el.getBoundingClientRect().top + window.scrollY - HEADER_OFFSET; window.scrollTo({ top, behavior: "smooth" }); }); })(); .thin-line-button { display: inline-flex; align-items: center; justify-content: center; border: 1px solid #ccc; height: 30px; padding: 0 10px; cursor: pointer; border-radius: 5px; background: none; text-align: center; font-size: 1.4rem; font-weight: 700; white-space: nowrap; flex-shrink: 0; color: inherit; transition: none; /* Remove animation effect */ } .thin-line-button { color: #000; background: white; } /* Remove hover effect */ .thin-line-button:hover { border: 1px solid #ccc; } .comment-icon { width: 20px; height: 20px; min-width: 20px; min-height: 20px; flex: 0 0 20px; object-fit: contain; display: inline-block; } .Page-actions-commentCounter .embed-caption { display: none; } .vf-comments-count.vf-is-logged-in { margin-left: 4px; } BEIJING (AP) — China said Saturday it firmly opposed the U.S. adding several prominent Chinese businesses to its list of military companies, and that the move ignored the consensus reached during U.S. President Donald Trump’s summit with Chinese leader Xi Jinping last month. The Pentagon on Monday added several non-state-owned Chinese companies, including electric vehicle maker BYD, tech giants Alibaba and Baidu to its list that seeks to identify Chinese companies it deems to have ties to the Chinese military, preventing them from landing U.S. defense contracts. By adding these firms to the list, “the U.S. side has ignored the consensus reached during the meeting between the heads of state of the two countries in Beijing,” a Chinese Ministry of Commerce spokesperson said Saturday in a statement. The U.S. has “disregarded the overall interests of bilateral economic and trade relations, continuously generalized the concept of national security, and abused state power to unjustifiably suppress Chinese enterprises,” the spokesperson added. BYD, Alibaba and Baidu said earlier there’s no basis to include them in the list. Trump in mid-May visited Beijing in a much-anticipated summit with Xi. The two leaders agreed to boost economic ties between the countries, including China’s purchase of more U.S. agricultural products and Boeing jets, and the setting up separate boards of trade and investment.
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South Korea's Starbucks to close for staff history lesson after promotion backlash - BBC

ShareSaveAdd as preferred on GoogleGeorge WrightAFP via Getty ImagesProtests were held outside shops and the chain reportedly suffered a significant drop in salesStarbucks in South Korea will shut all its shops for half a day next week so staff can attend a history lesson following public outrage over a promotional campaign that evoked a deadly crackdown on pro-democracy protesters. The coffee chain faced widespread criticism after it launched a "Tank Day" reusable cup promotion on the anniversary of the Gwangju Uprising, in which at least 165 civilians were killed by the military.

Economie

Trump says "I love the inflation" because U.S. is "taking" Iranian oil - CBS News

Updated on: June 10, 2026 / 5:29 PM EDT / CBS News Washington — President Trump on Wednesday applauded the latest inflation spike, saying the numbers are "great" and "I love the inflation" because the U.S. is "taking out" what he called "millions" of barrels of Iranian oil through the Strait of Hormuz and because once the conflict is over, he said oil prices and inflation will drop rapidly.

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