Growing Republican criticism risks complicating passage of a once-bipartisan bill intended to make the U.S economy more competitive, saying it goes too easy on China even as it aims to aid the domestic semiconductor industry.
The House of Representatives unveiled its legislation to bolster U.S. research and development to better compete with China and aid the domestic semiconductor industry, in a bid to negotiate a final bill this year with the Senate.
China’s zero tolerance approach to Covid has idled Toyota Motor Corp. and Volkswagen AG factories — a troubling sign for global carmakers as the omicron variant begins to spread in the world’s biggest auto production hub.
An omicron outbreak in China is sending jitters through supply chains as manufacturers and shippers brace for disruption inside the world’s-biggest trading nation if it can’t contain the fast-spreading variant.
Lee Smith, attorney and leader of the International Trade & Security Practice of the law firm of Baker Donelson, lays out the major trade issues that importers and exporters are likely to encounter in the coming year.
Mince pies. Latkes. Eggnog. Tamales. As extended families the world over plan holiday celebrations again, they’re encountering a harsh reality: Traditional foods, especially those sold for a limited time in even a normal year, are significantly costlier in 2021 — if they’re even available at all.
Asia’s relentless buying of liquefied natural gas earlier this year has left the region so well stocked for winter that spot shipments are being diverted to energy-hungry Europe.
Asia’s largest ports are showing signs that congestion is easing ahead of the holiday season, a potentially positive step for key trade gateways in the U.S. that are still battling an influx of imports.
The latest supply chain news, analysis, trends and best practices for companies operating in China. Learn how businesses are optimizing supply chain and logistics performance across China’s 22 provinces, five autonomous regions and four direct-controlled municipalities (Beijing, Tianjin, Shanghai and Chongqing) - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and trade laws, unstable political climates and government controlled exchange rates.
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