International - Financial Times - Credit Squeeze

American semiconductor industry warns move will aid competitors while EU has also protested against the new rules

Adventures in kitchen-sink bond market indicators

Some executives forecast it will take ‘until the end of the decade’ before supply chain issues are worked out

Greenland gambit suggests the country is now a threat to as much as a guarantor of security

Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador

Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’

Rise in exports expected to increase tensions with US and other trade partners

And replies on stablecoins

Oversupply drives intense competition that is undermining prices and profitability

Conference Board survey highlights increasing concerns over impact of threatened tariffs on goods and services

The global rebellion against those in power does not extend to the developing world

Washington and Beijing should conduct a joint intervention on the renminbi

Plus, Joe Biden leaves the White House, Wall Street banks report earnings, and confidential MI5 files are made public

The financial underpinnings look increasingly fragile

The west needs to co-operate, cautiously, with Beijing in the renewable energy trade

How the US’s colossal economy and stock market conceal its flaws

Market Questions is the FT’s guide to the week ahead

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

DHL, Ceva Logistics and Kuehne+Nagel are redeploying Mandarin speakers to help China’s manufacturers set up overseas

Rafizi Ramli suggests semiconductor and tech sectors are seeking to avoid exposure to possible Trump tariffs