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Global Trade & Economics: Page 204

Tesla Pursues Building a New U.S. Plant With China’s Dominant Battery Maker
The auto industry has been lobbying to influence how the U.S. Treasury Department will interpret requirements in President Joe Biden’s signature climate package.
Photo: Bloomberg
Russia and India Discuss Northern Sea Shipping Route
Russia wants the route to become a major shipping lane and has invested heavily in infrastructure there.
A Russian Icebreaker on the water in Arctic Ocean toward to the North Pole. Photo: iStock.com/Sergey Zemnuhov
China Spent $240bn on Belt and Road Bailouts From 2008 To 2021, Study Finds
The share of Beijing’s overseas lending directed to borrowers in financial distress increased from 5% in 2010 to 60% in 2022, according to the study.
Image: iStock.com/MicrovOne
Alibaba to Split Into Six Groups and Explore IPOs
The reorganization marks a dramatic overhaul of one of China’s largest private companies, one that was once valued at over $800 billion.
Photo: iStock.com/Robert Way
Aging Shadow Fleet Carrying Russian Oil Poses Disaster Risk
The aftermath of European Union sanctions on Russia mean that some older vessels may not be properly inspected and maintained, leading to a catastrophic accident at sea.
The oil tanker Prestige sinks off the northwest coast of Spain in November 2002. Photographer: Douanes Francaises/Getty Images
Watch: How Corporate Boards Should Prepare for a Recession
Stephanie Resnick, partner and co-chair of the Directors’ and Officers’ Liability and Corporate Governance Practice Group at Fox Rothschild LLP, offers advice to corporate boards and leaders on how they can avoid being faulted for failing to prepare for an economic downturn.
How Corporate Boards Should Prepare For A Recession
Bombardier CEO Sees Blue Skies and Less Debt After Major Overhaul
Ending production of the small cabin Learjet and betting instead on mid- and large-size private jets, the Challenger and the Global, turned out to be a wise move.
Bombardier developed the C Series aircraft, but was unable to make it a financial success and had to offload it to Airbus, which renamed it the A220. Photo: Bloomberg
U.S. Due Diligence Firm Says China Detained Its Employees
The move highlighted the potential risks that firms involved in due diligence face in China as Xi Jinping has tightened the ruling Communist Party’s grip on information.
Photo: iStock.com/adrian825
The Race is on to Lure Manufacturers From China
Governments are pulling out the stops to welcome the businesses, as they seek to turbocharge economic development and create millions of new jobs.
Brick Factory at Kampong Chhnang, Cambodia. Photo: iStock.com/Goddard_Photography
Oil Tankers Divert Away From Strike-Ridden French Ports
France released strategic stockpiles of oil products in March to avoid fuel shortages as the strikes blocked fuel movements from many local refineries.
Photo: Bloomberg
Freight Rebound Hopes are Fading Because of Retailer Caution
Big shippers including Nike, Target and Kohl’s remain guarded in ordering from suppliers as they continue to dig out from a glut of inventory.
Photo: iStock.com/thitivong
MHI Annual Report Highlights Talent Shortage, Pressures to Go Green
Nearly half of MHI's annual survey respondents said they face increased influences to adopt a more sustainable supply chain.
The MHI panel discussion March 22 at ProMat 2023 in Chicago. Photo: Helen Atkinson
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