Beijing reported that China produced a record amount of steel in July, but prices are plunging and steelmakers have been defaulting on agreements to purchase iron ore. (Image credit: AFP/Getty Images via @daylife) 8/26/2012 Gordon G. Chang, Contributor The HSBC Flash Purchasing Managers’ Index for August crashed, falling to 47.8, well under the final July reading […]
By Robert E. Scott | August 23, 2012 The China toll: A Report By The Economic Policy Institute The U.S. trade deficit with China eliminated or displaced more than 2.7 million U.S. jobs between 2001 and 2011, a new Economic Policy Institute briefing paper finds. The China toll: Growing U.S. trade deficit with China cost more […]
By Tom Miles August 23, 2012 Aug 23 (Reuters) – In a move that escalates a trade row with the United States, China said it would ask the World Trade Organization (WTO) to adjudicate a dispute over U.S. punitive import duties on 22 Chinese exports, including solar panels and steel products. […]
Aug 20, 2012 BEIJING Aug 20 (Reuters) – China’s Commerce Ministry said on Monday the United States must cut support for six government-backed renewable energy programmes or face unspecified penalties, in the latest trade dispute between the world’s two largest economies. The U.S. measures supporting wind, solar and hydroelectric energy […]
Bags of toys stored at a shop in a wholesale market in Guangzhou, a city in southeast China. | Photo Credit: Forbes Conrad for The New York Times By KEITH BRADSHERAugust 24, 2012 GUANGZHOU, China – After three decades of torrid growth, China is encountering an unfamiliar problem with its newly […]
BANNOCKBURN, Ill., USA, August 15, 2012 — Electronics manufacturing operations with a total value of at least $2.5 billion are expected to be brought to North America in the next three years, according to a much-anticipated new study, On-Shoring in the Electronics Industry: Trends and Outlook for North America, published this week by IPC — […]
Written bySCOTT PAUL Iowans are seeing a lot of both presidential candidates this summer, and the campaign stops are sure to get even more frequent between now and Election Day. Political pundits predict the race to remain close both nationally and here, due to an electorate equally divided between the parties […]
Reported by: Wayne HerefordEmail: whereford@wtva.com STARKVILLE, Miss. (WTVA) — The U.S. Bureau of Labor Statistics shows that Mississippi lost over 9,000 furniture manufacturing jobs between the years 2006 and 2010. Officials at Mississippi State held a conference Monday to discuss ways of getting those, as well as jobs in other industries, […]
By Zhang Monan for China Daily08/20/2012 China has to change its manufacturing strategy to be more innovative in technology and compete with a ‘reviving’ USChina is expected to face fiercer-than-ever competition from the United States in the manufacturing sector, making it all the more urgent for Beijing to expedite its industrial […]
