The Biden administration plans to keep some Trump-era policies in place as it reins in China’s unfair trade practices. The top trade representative says she’ll talk to her Chinese counterpart as China failed to make good on its purchasing promises from 2020.
Goldman Sachs says hidden government debt at the local level in China is now more than half the size of China’s economy. The debt is all wrapped up in local investments that are not reported on by the central government.
The UK is reportedly forcing a Chinese business to sell its stake in a nuclear power station, as relations between London and Beijing cool off and the UK takes another look at Chinese involvement in its critical infrastructure.
The British government is asking an American fertilizer company for help. Britain is facing food shortages as an effect of rising energy prices. The meat industry needs CO2 derived from fertilizer production, but soaring gas prices have put production on hold.
China is asking to join the Asian trade deal that former President Donald Trump pulled out of. But Japan says it will need to determine if China can meet the group’s extremely high standards. The United States initially spearheaded the deal to counter China’s presence in the region.
Britain’s largest employers’ group says the UK’s economic recovery is being hampered by a lack of skilled people in key positions and that the government needs to act to prevent the problem from dragging on for years.
The Biden administration today pushes back against reports that it’s allowing Huawei to buy certain microchips. The White House reportedly approved the sales of auto chips to the Chinese tech firm. This comes as Huawei continues its expansion into the electric vehicle industry,
A new study says the sun may be the cause of global warming—not greenhouse gases. It goes further, saying that the United Nations’ recent climate report contains bias. NTD spoke to one of the report’s authors.
China currently dominates the rare earth industry, but there’s a new bill in the House seeking to boost U.S. domestic production. The bill plans to extend tax credits to American companies that produce rare earth magnets.
Amazon stocks fell 8 percent, and it has missed its quarterly revenue target for the first time in three years. It reported a slowing in sales growth, stalling its share price. But its Web Services business is doing just fine.
The UK’s COVID Test and Trace app is telling workers to isolate themselves for ten days. The UK’s meat processing industry already had shortages before the pandemic. Now, the isolations could mean production lines may close.
The United States and a coalition of allies are accusing China of a global cyber hacking campaign. The coalition condemned the spying on Monday. The secretary of state says it poses a major threat to economic and national security.
Tesla cars are so popular it seems even rats want a piece of them. According to Fox, one owner in Manhattan says a rat chewed through the car’s cabling and took a nap in the car’s glove compartment. Telsa uses soy to insulate its cables instead of oil because it’s cheaper and better for the […]
The Chinese regime is cracking down on domestic companies listed on U.S. stock exchanges. This comes as Beijing launched a cybersecurity investigation into ride-hailing giant Didi just days after its debut on the New York Stock Exchange.
Tesla’s image took another dent in China on Monday as the company recalls nearly 300,000 vehicles. China’s safety regulator says drivers can accidentally switch cruise control on or off during sharp turns.