China's retaliation against Trump trade sanctions has begun already

  • Beijing launched a regulatory probe into Nvidia, threatened to blacklist an American apparel maker, blocked the export of critical minerals to the U.S. and squeezed the supply chain for drones

Wall Street Journal (gated) reporting.

In recent days, Beijing has launched

  • a regulatory probe into U.S. semiconductor champion Nvidia,
  • threatened to blacklist a prominent American apparel maker,
  • blocked the export of critical minerals to the U.S.
  • squeezed the supply chain for drones

offering clues into how non-tariff measures are likely to dominate China’s tool kit.

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Meanwhile, China stocks are lower just after the opn:

  • CSI 500 down 1% intraday
  • Chinext down 1%
  • Shenzen down over 1%
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