By effectively blocking Qualcomm’s $44 billion acquisition of NXP, Beijing made two points: It showed it has weapons beyond tariffs in the trade fight, and it checked the advance of a powerful rival.
WSJ.com: What's News Asia, Wall Street Journal: What's News Asia
Thu, 07/26/2018 - 6:04pm
By effectively blocking Qualcomm’s $44 billion acquisition of NXP, Beijing made two points: It showed it has weapons beyond tariffs in the trade fight, and it checked the advance of a powerful rival.