Category

Trade War

China’s highflying EV industry is going global. Why that has Tesla and other carmakers worried Trade War

China’s highflying EV industry is going global. Why that has Tesla and other carmakers worried

TAIPEI, Taiwan —  The U.S.-China rivalry has a new flashpoint in the battle for technology supremacy: electric cars. So far, the U.S. is losing. Last year, China became the world’s foremost auto exporter, according to the China Passenger Car Assn., surpassing Japan with more than 5 million sales overseas. New energy…
bubmag
April 19, 2024
US trade office and Joe Biden target China’s steel, maritime and logistics sectors in latest trade war battles Trade War

US trade office and Joe Biden target China’s steel, maritime and logistics sectors in latest trade war battles

US President Joe Biden on Wednesday called for tripling the existing tariff rate on Chinese steel and aluminium , just as the US Trade Representative’s (USTR) office announced the launch of yet another Section 301 investigation into China’s maritime, logistics, and shipbuilding sectors. Biden told the USTR to raise the…
bubmag
April 17, 2024
Hong Kong tycoon Jimmy Lai wrote seditious Apple Daily articles urging ousting of central government, court hears in national security case Trade War

Hong Kong tycoon Jimmy Lai wrote seditious Apple Daily articles urging ousting of central government, court hears in national security case

Hong Kong tycoon Jimmy Lai ‘mastermind’ behind seditious Apple Daily articles portraying central government as ‘totalitarian regime’, prosecutors allege in national security trial Prosecutors accused Hong Kong media mogul Jimmy Lai Chee-ying on Wednesday of being the “mastermind” behind a series of allegedly seditious articles published by his now-defunct Apple…
bubmag
January 3, 2024
Post-pandemic, world facing gloomy stew of debt, trade wars and poor productivity Trade War

Post-pandemic, world facing gloomy stew of debt, trade wars and poor productivity

JACKSON HOLE, Wyoming, Aug 28 (Reuters) - Record levels of government debt, geopolitical tensions that threaten to split the global trading system, and the likely persistence of weak productivity gains may saddle the world with a slow-growth future that stunts development in some countries even before it starts. That sobering…
bubmag
August 28, 2023