Chinese auditors say provinces siphoned billions from pensions, school and farm aid, highlighting a local debt crisis that now rivals half of China’s economy.
Imports of Chinese vanillin were found to be unfairly priced and subsidized, causing harm to the American industry, U.S. International Trade Commission said.
The ban coincides with major Chinese power bank brands recalling products internationally due to a lithium battery quality issue that poses safety hazards.
Chinese auditors say provinces siphoned billions from pensions, school and farm aid, highlighting a local debt crisis that now rivals half of China’s economy.
Imports of Chinese vanillin were found to be unfairly priced and subsidized, causing harm to the American industry, U.S. International Trade Commission said.
The ban coincides with major Chinese power bank brands recalling products internationally due to a lithium battery quality issue that poses safety hazards.