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Given the spate of news about international trade lately, Americans might be surprised to learn that the United States isn’t very dependent on it. Indeed, looking at trade as a percentage of gross domestic product (GDP) – a metric economists sometimes call the “openness index” – the US is one of the least trade-oriented nations in the world.
China’s automotive industry has revolutionized over the past decade, from producing basic Western clones to making cars that equal the world’s best. As the manufacturing powerhouse of the world, China is also producing them in huge volumes.
TAIPEI -- In February, Wu Pei-yi walked into Taiwan's parliament to take up her rightful seat as a newly elected lawmaker. Nearly 10 years earlier, she sneaked into the same building by night in an occupation by hundreds of young protesters that launched a mass movement opposed to government plans to bind Taiwan and its economy closer to China.
HONG KONG -- China's manufacturing activity grew for the second consecutive month in April, though the rate of expansion decreased amid weak domestic demand and a still-sluggish property sector.
Shares of Tesla rose sharply on Monday, their best day since March 2021, after the electric carmaker passed a significant milestone to roll out its advanced driver-assistance technology in China.
It's not easy to pick up your life and move overseas to work abroad, but it can also be very rewarding.
Stocks closed higher Monday, lifted by Tesla, while traders geared up for a week dominated by corporate earnings and a Federal Reserve meeting.
The emergence of green technology has once again put African manufacturing in the spotlight.