Bloomberg The rivals to replace Prime Minister Boris Johnson are locked in a battle to take the toughest line on China, firmly drawing a line under the vaunted golden era for Sino-British ties. Liz Truss, the front-runner in the Conservative leadership race, has branded Chinese tech giants a security risk, called to arm Taiwan and, in private, labeled China’s ...

Bloomberg Almost 2,000 dock workers at Britain’s biggest container ship port plan to strike for eight days this month after failing to reach a pay deal, threatening to sever one of the UK’s most important trade routes. Workers at Felixstowe will strike from August 21 to August 29, the Unite union said in a statement. Talks failed after the port, ...

  Bloomberg US consumer borrowing surged in June, reflecting a jump in credit-card balances and a record increase in non-revolving lending that includes auto and school loans. Total credit increased $40.2 billion from the prior month, second only to March’s $47.1 billion spike, Federal Reserve figures showed. The median forecast in a Bloomberg survey of economists called for a $27 ...