China just torpedoed a major global deal between two non-Chinese chipmakers. By refusing to grant regulatory approval to the deal, the Chinese commerce department effectively blocked it. This could be direct retaliation for Trump's denial of a Broadcom-Qualcomm linkup on national security grounds. It is also a signal of China's market power. Some thoughts below
Revisiting the proposed Broadcom takeover of Qualcomm
Broadcom made an extraordinary $117 billion bid for US chip giant Qualcomm, the co...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.