China’s Exports Are Surging. Get Ready for the Global Backlash.
China’s factory exports are powering ahead faster than almost anyone expected, putting jobs around the world in jeopardy and setting off a backlash that is gaining momentum.
Manufacturing asian news
US is constantly assessing expansion of chip export controls that can boost China’s military
MANILA, Philippines (AP) — The United States is constantly assessing the need to expand export controls to stop China from acquiring advanced computer chips and manufacturing equipment that could be used to boost its military, U.S. Commerce Secretary Gina Raimondo said Monday.
Japan's Olympus rescinds purchase of South Korean stent maker
TOKYO -- Olympus will sell its entire stake in South Korea-based Taewoong Medical back to the former shareholders, the Japanese company said Friday, rescinding its acquisition after finding problems with data provided by the medical products maker.
Here’s where the jobs are for February 2024 — in one chart
The U.S. labor market showed continuing strength in February through broad job creation of 275,000, with one sector leading the charge.
Spacecraft maker Terran Orbital 'looking at everything,' CEO says after Lockheed Martin takeover bid
Satellite manufacturer Terran Orbital is "looking at everything" regarding the company's future, CEO Marc Bell told CNBC, as it considers Lockheed Martin's acquisition offer.
China doubles down on manufacturing, leaving real estate behind
BEIJING — China revealed this week it aims to spend more than a billion dollars to bolster manufacturing and domestic tech in a bid to remain globally competitive, while divulging little new support for the struggling real estate market.
China could flood U.S. electric-vehicle market with its offerings, Energy Secretary Jennifer Granholm warns
China could flood the U.S. electric-vehicle market with its offerings, Energy Secretary Jennifer Granholm warned Wednesday, weeks after President Joe Biden raised similar concerns.
China’s C919 jet gets new route as development for widebody sibling rolls on
China has launched a new route for the C919 – China’s home-grown narrowbody passenger jet – a move that will expand its commercial footprint, bolster the country’s push for self-reliance in civil aviation and contribute to its quest to meet economic targets for the coming year.