The impact of an immigration raid on a sprawling Hyundai factory on Thursday is reverberating far beyond its home in rural Georgia. The operation, called by one US official the "largest single-site enforcement operation" in history, detained nearly 500 workers, most of them South Korean. It also jolted a company that has poured billions into America's South, helping transform the region into a major global auto manufacturing hub.
Foreign investors invested a record $311.1 billion in U.S. securities in May, reversing a $14.2 billion withdrawal in April, as tariff fears eased.
"The other big thing that we worry about is the fact that foreign private investors may not be adding to Treasury securities and may likely be stepping back from the market as well," said Meghan Swiber, a managing director and U.S. rates strategist at Bank of America.
The anti-China rhetoric of some individual British politicians is extremely absurd, reflecting their arrogance, ignorance and twisted mindset. Such comments attack not only Jingye but all Chinese companies.