U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.

© Erin Schaff/The New York Times

Authorities also imposed a six-month suspension on the local operations of the global firm, which was once a dominant auditor in China.

The G.O.P. pushed through an array of legislation to get tough on China, seeking to persuade voters that they are the party that will protect Americans from economic and military threats from Beijing.

More than 50 African leaders have gathered in Beijing for a summit aimed at projecting the influence of China’s leader, Xi Jinping, in the developing world.

A real estate collapse has made consumers cautious and businesses wary, as China confronts a crisis unlike any other since it opened its economy to the world.

Entrepreneurs and venture capitalists are setting up firms across the Pacific, only to find that any investment with Chinese ties is a hard sell.

Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.

The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.

A new government in Nepal formally asked for relief from a $216 million debt it incurred for construction of an airport in Pokhara that has been beset by problems.

Walmart has divested as its e-commerce partner has struggled to maintain its market share in the country’s cutthroat online sales industry.

Top officials emerged from a high-stakes meeting about lifting the economy out of its malaise with few signs of a fundamental rethink.

President Xi Jinping is presiding over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest.

China has invested billions in megaprojects across Pakistan. But a resurgence in militant violence is threatening to derail badly needed investment.

The Biden administration is trying to get foreign companies to invest in chip-making in the United States and more countries to set up factories to do final assembly and packaging.