The article discusses significant developments in business and finance, highlighting China's response to a new UK-US trade deal that may affect Chinese product imports. Additionally, it covers the UK's Competition and Markets Authority (CMA) as it reviews Aviva's 3.7 billion acquisition of Direct Line, assessing potential impacts on competition within the insurance market. The developments reflect the complexities and interdependencies of global trade and competition, particularly between Western nations and China.
China has reportedly taken aim at last week's trade deal between the UK and US that could be used to squeeze Chinese products out of Britain's supply chains.
Britain's competition watchdog is reviewing Aviva's proposed 3.7bn acquisition of its smaller insurance rival Direct Line to see whether it poses any competition concerns.
The Competition and Markets Authority is assessing whether the deal may lead to a realistic prospect of a substantial lessening of competition.
It could make it harder for London to rebuild relations with Beijing.
Collection
[
|
...
]