A German political and business delegation, headed by Vice Chancellor Sigmar Gabriel, landed in Beijing Tuesday morning, hours after Chinese officials summoned a senior German embassy official to discuss Berlin’s recent decision to halt the takeover of a German chip maker by a Chinese fund on security grounds. Source: WSJ
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Black-clad activists protesting U.S. President-elect Donald Trump’s inauguration smashed store and car windows in Washington on Friday and fought with police in riot gear who responded with pepper spray and stun grenades. Source reuters
The euro clearing houses that currently trade from London could only remain in the city after Brexit if the new framework is “strong enough.” But, for now, such a possibility sounds “challenging,” an executive member of the European Central Bank told CNBC in Davos. Source CNBC
France’s finance minister has cautioned incoming U.S. President Donald Trump against taking unilateral steps to deregulate the U.S. financial industry, stressing the need for international coordination. Source Reuters