INDUSTRY
On May 14, U.S. President Joe Biden announced a sweeping increase in tariffs on $18 billion worth of Chinese exports. Though the move is aimed at countering Beijing’s product dumping, it also underscores escalating tensions between the world's two largest economies. The new tariffs — set to impact a variety
Delta Airlines Rejects Vaccine Mandate
While many U.S. airlines are mandating COVID-19 vaccinations for employees, Delta Airlines is prioritizing...
Made-in-China Passenger Jet Comes With 40 Percent Foreign Components
The Commercial Aircraft Corp of China (COMAC) is set to deliver its first large passenger jet, the C919...
Chinese Manufacturing Sector Weakens, Power Crisis Remains a Major Threat to Factory Output
China was said to have made a strong economic recovery following the damage unleashed by the COVID-19...
Crude Oil Hits $80 for the First Time in Three Years
On Sept. 28, the price of crude oil touched the $80 mark. This was the first time in three years that...
Washington Accuses Beijing of Blocking Boeing Sales in China
U.S. Commerce Secretary Gina Raimondo has accused Chinese authorities of stalling Boeing’s sale of planes...
Douyin, Chinese Version of TikTok, Limits Kids to 40 Minutes a Day
Minors in China are now only allowed to use Douyin — the original, mainland Chinese version of video...
Global Semiconductor Supply Shortage, Nissan Shuts Down Operations at US Plant
Japanese carmaker Nissan is temporarily suspending operations at its assembly plant in Tennessee. The...
British Government May Block China From Owning British Nuclear Power Plants
Recent news reports have revealed that British government ministers are considering various financing...
Japanese Firms Partner Against Chinese Competition to Produce Home-built Electric Trucks
Isuzu and Hino, two prominent Japanese vehicle manufacturers, will be entering the zero-emission light...