DW Business | Business News - The Latest financial, market & economic news | DW | 05.08.2022

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China says it's sanctioning US House Speaker Nancy Pelosi after she visited Taiwan. Beijing considers the democratic self-governing island part of its territory - and called her trip a provocation. It's begun naval exercises that have prompted some ships to navigate around the Taiwan Strait, disrupting key trading routes for cargo and commodities sailing around the world.