President Joe Biden is preparing to sign a $280 billion bipartisan bill to boost domestic high-tech manufacturing, part of his administration’s push to boost U.S. competitiveness over China.
Tagged By import
U.S. accuses Chinese company of helping ZTE hide business with Iran -Commerce Dept
The United States on Tuesday accused Far East Cable, China’s largest wire and cable manufacturer, of violating U.S. export controls related to shipments to Iran, the Commerce …
U.S. Solar Shipments Are Hit by Import Ban on China’s Xinjiang Region
The U.S. solar industry is confronting fresh disruptions as U.S. officials crack down on human-rights abuses in a region of China that produces almost half the world’s supply of a crucial component in …
U.S.-China Trade Shows Nominal Improvement In June 2022
Most of the improvement in recent months has been paced by double digit year-over-year growth in the value of good imported into the U.S. from China.
North Korea’s increasing use of crypto heists to fund nukes worries US
North Korea is increasingly using its crypto heists to fund its nuclear weapons program, worried U.S. officials say. “I’m very concerned about North Korea’s cyber capabilities,” Anne Neuberger, …
Shanghai factory upgrade slashed Tesla’s China sales last month
Hong Kong (CNN Business)Tesla’s sales of China-made vehicles plunged 64% in July from a month earlier, as the company’s ambitious upgrade of its Shanghai factory disrupted production. The sharp drop …
Taiwan’s oil and LNG imports normal despite mainland China’s military drill
The island has enough coal, oil and LNG inventories, although offshore drilling activities were suspended some time ago …
90% of China import expo exhibition area booked
Ninety percent of the planned enterprise exhibition area has been booked for the fifth China International Import Expo (CIIE). The figure was released on Monday at a pre-exhibition supply and demand …
China’s July new yuan loans expected to more than halve from June
China’s new yuan loans are expected to fall back in July after record lending in the first half, a Reuters poll showed, but they are still likely to exceed the year earlier amount as the…
China orders audit of $3 trillion trust industry – Bloomberg News
China’s top auditor is conducting a review of the $3 trillion trust industry, Bloomberg News reported on Tuesday, citing people familiar …
China exports 49,000 NEVs in July, with Tesla China shipping 19,756: Association
China’s NEV (new energy vehicle) exports reached 49,000 in July, with Tesla China exporting 19,756 NEVs, according to the data released by China Passenger Car Association (CPCA) on Tuesday. Tesla’s …
COLUMN-Russian crude is more reliant on India and China, but signs of a peak: Russell
Russia is becoming increasingly reliant on just two countries when it comes to selling its crude oil, with China and India now accounting for more than 40% of export volumes. LAUNCESTON, Australia, …
China’s passenger car sales soar in July as supply chain improves
China’s passenger vehicle market recorded robust growth in July with rising sales and production, industrial data showed on Tuesday. Some 1.82 million passenger cars were sold via retail channels in …
