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Ford Moving Production to China

Ford Moving Production to China

In a move that’s likely to generate a fierce backlash from United States President Donald Trump, Ford has announced it is not moving production to Mexico – it’s taking it to China instead. The company will cease production of its Ford Focus vehicle in Michigan and shift that project to China by 2019. Last January, […]

China’s Auto Industry Could Run Over Relations With U.S.

China’s Auto Industry Could Run Over Relations With U.S.

Anyone who thought President Donald Trump was just spewing hype when he criticized China for unfair business practices may want to take a look at the auto industry. Because of the hefty taxes that China imposes on imported vehicles, an American-made Jeep Wrangler could cost $30,000 more in China, making it a lucrative spot for […]

Income Inequality Bigger in U.S.

Income Inequality Bigger in U.S.

According to data gathered by the World Wealth & Income Database and published by the National Bureau of Research, income inequality is bigger in the United States than it is in China. The research indicates that the bottom half of earners make 12% of income while the top 1% makes 20% of income. The same […]

New Pollution Tax Could Reap in More than 50 Billion Yuan

New Pollution Tax Could Reap in More than 50 Billion Yuan

China may be on the verge of unleashing its most aggressive environmental-protection tax to date. The new law passed through the National People’s Congress is designed to reduce the contamination of air, soil and water. It targets factories, power plants and other emitters of pollutants such as sulphur dioxide. Some analysts say the tax could […]

Trump Empire Widening Scope on Taiwan

Trump Empire Widening Scope on Taiwan

President-elect Donald Trump may be on his way to the White House, but what will become of the Trump business empire he leaves behind? Its next stop may be Taiwan. This week, the mayor of the northeastern Taiwanese city of Taoyuan confirmed that Trump was considering erecting a series of luxury hotels and resorts there. […]

China Increases Economic Ties With UK in Aftermath of Brexit

China Increases Economic Ties With UK in Aftermath of Brexit

Britain’s vote to leave the European Union last week has left things, well, complicated – not only domestically, but for the world as a whole. On the global front, the Brexit result will profoundly affect the United Kingdom’s relations with foreign nations, including economic partnerships and affairs. In fact, the shifting of attitudes has already […]

In Effort to Combat Forced-Labor Camps Abroad, U.S. Blocks Prison-Made Imports from China

In Effort to Combat Forced-Labor Camps Abroad, U.S. Blocks Prison-Made Imports from China

You buy a cute and trendy $10 shirt. “What a steal!” you think, right? But then you look at a label, and what does it most likely say? That’s right; “Made in China”. While in some cases I’ll find a shirt that says “made in India” or “Thailand”, or even the more rare “made in […]

China Gets Hit with a 522% Tax Increase on Steel Imports to U.S.

China Gets Hit with a 522% Tax Increase on Steel Imports to U.S.

As accusations against China for its “unfair trading practices” are increasingly making a presence in U.S. political discourse (especially in this election year), the United States has raised its import duties tax on Chinese steelmakers by an astronomical 522%. The fivefold tax increase applies specifically to Chinese-made cold-rolled flat steel, the material used in car […]

Bi-Annual U.S.-China Talks Likely to be Overshadowed by South China Sea Ruling

Bi-Annual U.S.-China Talks Likely to be Overshadowed by South China Sea Ruling

One of the most crucial meetings in international relations will take place this June: U.S. Secretary of State John Kerry, along with U.S. Treasury Chief Jack Lew, and other top officials will meet with State Councillor Yang Jiechi and Vice-Premier Wang Yang in Beijing for the Sino-U.S. Strategic and Economic Dialogue (SED). The SED, which […]

Thousands of Coal Miners Protest Pay Cuts in China

Thousands of Coal Miners Protest Pay Cuts in China

Thousands of coal miners stormed the streets of Heilongjiang, a north-eastern town in China, to protest pay cuts and unpaid wages, according to local media. The protestors rallying over the weekend are employees at the Shuangyashan Mine, which is owned by the Longmay Group. Many carried banners reading “We want to live. We want to […]

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