There’s something irresistible about a clash of titans. The fate of the world hung in the balance during the Cold War standoff between the U.S. and the U.S.S.R. Coke vs. Pepsi once mattered mightily. Ali-Foreman defined a pugilistic era. And then there’s the celebrity spat pitting Taylor Swift against Kanye West. (Look what he made her do.)
With a dragnet closing in, engineers at a Taiwanese chip maker holding American secrets did their best to conceal a daring case of corporate espionage.
At least three U.S. coal shipments on their way to China may end up casualties of the escalating trade dispute after Beijing said it would impose steep tariffs that may kick in before the ships reach their destinations.
Few people consider used plastic to be a valuable global commodity. Yet China has imported 106 million tons of old bags, bottles, wrappers and containers worth $57.6bn since 1992, the first year it disclosed data. So when the country announced last year that it finally had enough of everybody else's junk, governments the world over knew they had a problem. They just didn’t know exactly how large it was.
The merchandise has never been more plentiful or easier to find. Tote bags that say “United” from H&M. T-shirts emblazoned with “I Am Proud” from Levi Strauss & Co. An inflatable, rainbow-colored whale from Target — a “Pride Narwhal.”
The Trump administration’s China tariffs spared some finished goods like smartphones and washing machines, while charges on parts and components could drive up costs in the U.S. supply chain.
President Trump imposed tariffs Friday on $50bn in Chinese products, signaling his willingness to unwind nearly a quarter-century of growing commercial links between the world’s two largest economies unless Beijing agrees to transform the way it conducts business.
Google will invest $550m in JD.com, one of China’s largest e-commence companies, as part of a strategic partnership to jointly develop markets outside of the country, the two said in a statement Monday.
On a smoggy afternoon in Jinan, China, huge log carriers and oil tankers thundered down a highway and hurtled around a curve at the bottom of a hill. Only a single, unreinforced guardrail stood between the traffic and a ravine.
A watchdog group is calling on Amazon.com Inc. to improve conditions for factory workers in China who make Echo speakers and Kindle e-readers, renewing criticisms that CEO Jeff Bezos became the world’s wealthiest man on the backs of low-paid laborers.