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Japan's largest steelmaker has brought the U.S. government to court as the latter has blocked the steelmaker's acquisition of an American firm. Why is Nippon Steel so obsessed with a loss-making company? Why would Washington say the deal threatens national security? What implications does a failed acquisition have for those hoping to invest in the U.S.?
Host Tu Yun joins William Lee, the Chief Economist at the U.S.-based Milken Institute, Dr. Edward Lehman, the Founder and Managing Director of China-based law firm Lehman, Lee & Xu, and Dr. Zhou Mi, Deputy Director of the Institute of American and Oceania Study, Chinese Academy of International Trade and Economic Cooperation for a close look at the issue on this episode of Chat Lounge.