The concept of “Made in America” is slowly giving way to “Made by China … in America,” as Chinese investors are increasingly snatching up U.S.-based companies and assets and raising the eyebrows of some regulators and market spectators. Read more
A PEEK under the hood of three new cars from Volvo, Buick and Cadillac will not reveal a Made in China label. But those cars are breaking new ground in the auto industry, becoming the first to be manufactured in the People’s Republic and exported to the United States. Read more
Less than three months before China shocked markets with a surprise devaluation of its currency, a top Chinese exchange-rate official told a closed-door gathering that Beijing had no need for such a dramatic move. Read more
The U.S. economy is facing a predicament the Federal Reserve didn’t anticipate — a stronger than expected U.S. dollar. Investors are encouraged to Buy American. Read more
Later this year along the banks of the James River outside Richmond, Virginia, a paper products maker based in northeastern China will begin construction on a new U.S. manufacturing plant. The factory will churn the region’s straw and corn stalks into household products including napkins, tissue and organic fertilizer—all marked “Made in the USA.” Made by China, in America.
Daniel Acker | Bloomberg | Getty Images
Jack Brown Produce workers sort apples on a packing line in Sparta, Mich. The state, a big exporter of agricultural goods, is among U.S. regions raising its export profile.
It’s well-known American jobs have been lost to overseas competition. While work on U.S. manufacturing floors has declined, overseas markets have developed a growing appetite for American-made goods—from chemicals and wood products, to medical devices.
