China and the U.S. are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and pandemic never happened.
Andrew Viteritti, commerce and regulations lead with The Economist Intelligence Unit, shares the conclusions of a recent whitepaper that predicts no major shift of manufacturing from Asia to North America over the next four years.
The U.S., U.K. and their allies say the Chinese government has been the mastermind behind a series of malicious ransomware, data theft and cyber-espionage attacks against public and private entities, including the sprawling Microsoft Exchange hack earlier this year.
The U.S. Senate passed a bill that would ban all goods from or made in China’s Xinjiang region unless importers can prove they weren’t made with forced labor, a move that could potentially have widespread implications for the solar industry.
The Biden administration’s narrowly focused ban on Chinese solar products is designed to confront supply chain slavery without stifling the fast-growing use of renewable energy in the U.S.
Ship congestion outside the busiest U.S. gateway for trade held steady over the past week, as ports from China to Germany battle with COVID-19 outbreaks and other constraints on their capacity to keep containers moving across the global economy.
The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet.
Trade shocks fueled by unilateral tariffs between the U.S. and China have undone three to five years worth of growth among global value chains in affected countries, according to a UN policy brief.
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.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.