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U.S. Treasury Secretary Janet Yellen comments on China's excess manufacturing capacity seek to rehash "China threat" rhetoric and appear to create a pretext for more protectionist policies from the U.S., Chinese state media said.
Outgoing Boeing CEO Dave Calhoun's take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and his latest compensation package is taking a hit from the prolonged safety crisis surrounding the company's bestselling jetliner, the 737 Max.
TOKYO -- Japanese Prime Minister Fumio Kishida visited Taiwan Semiconductor Manufacturing Co.'s production complex in Kumamoto prefecture on Saturday, touring a site where Japan plans to spend more than 1.2 trillion yen ($7.9 billion) in subsidies.
GUANGZHOU (Reuters) -- U.S. Treasury Secretary Janet Yellen comments on China's excess manufacturing capacity seek to rehash "China threat" rhetoric and appear to create a pretext for more protectionist policies from the U.S., Chinese state media said.
TOKYO -- Prime Minister Fumio Kishida will visit Taiwan Semiconductor Manufacturing Co.'s production complex in Kumamoto prefecture on Saturday, Nikkei has learned, touring a site where Japan plans to spend more than 1.2 trillion yen ($7.9 billion) in subsidies.
For years, China has been Asia's technology powerhouse.
Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared to the same period last year.
GUANGZHOU, China (AP) -- U.S. Treasury Secretary Janet Yellen called on China on Friday to address manufacturing overcapacity that she said could cause global economic dislocation and to create a level-playing field for American companies and workers.