Michael Pillsbury discusses how China’s industrial profits dropped for the first time since December 2015 and how the White House is considering a ban that would stop U.S. companies from buying equipment made by China’s Huawei and ZTE.
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This photograph shows a Dassault Rafale aircraft parked on the tarmac of the French Air and Space Force Luxeuil-Saint-Sauveur Airbase in Saint-Sauveur, France, on March 18, 2025. (Ludovic Marin/AFP via Getty Images)