China puts curbs on us exportsof chemicals used for Fentanyl
Five government agencies now require special export licenses for three newly restricted compounds, according to an official announcement on Friday. The targeted substances are primary building blocks used to manufacture illicit fentanyl, a deadly ...

Five government agencies now require special export licenses for three newly restricted compounds, according to an official announcement on Friday.
The targeted substances are primary building blocks used to manufacture illicit fentanyl, a deadly synthetic opioid that has caused a public health crisis across North America.
The enforcement action comes as the world's two largest economies seek to steady bilateral ties. Joint narcotics initiatives have emerged as one of a few areas of successful diplomatic collaboration.
Also Read: Rubio coming on a rescue mission to India? Here are the high stakes
The announcement follows earlier reports of joint efforts to tackle narcotics, including coordinated drug busts last month in the Chinese provinces of Liaoning and Guangdong, as well as Florida and Nevada.
The United States keeps a 10% tariff on Chinese imports for its failure to curb illegal exports of fentanyl and the precursors used to make it.
Better Welfare Access for migrant workers
In another move on Friday, China issued a plan to open up public services like schools and health care in cities, potentially expanding access for vulnerable migrant workers as part of a broader effort to boost living standards and consumer spending by millions of urban residents.
Also Read: India great partner, ready to expand energy exports: Marco Rubio
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.