If the Trump administration wins some concessions from China in the latest trade dispute, it could be a boost to U.S.-based multinationals.
"The upside could be big because business as usual wasn't getting the job done in opening up the market in China," said Daniel Rosen, founder and China director of research and consulting firm Rhodium Group.
Last week, the Trump administration… Read more »
BEIJING — President Xi Jinping renewed a pledge Tuesday to open China's markets further for trade and investment, including in its automobile sector, and said he would also work harder to boost imports, in what was seen as a conciliatory speech amid an escalating trade conflict with the United States.
Speaking at annual economic forum 40 years after China began what is known as… Read more »
SenseTime Group Ltd. has raised $600 million from Alibaba Group Holding Ltd. and other investors at a valuation of more than $3 billion, becoming the world's most valuable artificial intelligence startup.
The company, which specializes in systems that analyze faces and images on an enormous scale, said it closed a Series C round in recent months in which Singaporean state investment… Read more »
On any given day, Skagit County residents recycle a variety of plastic items, from yogurt containers emptied at breakfast to soda bottles drained during for an afternoon pick-me-up.
For years, many of these items have made their way to China — the primary market for recyclables from throughout the United States, including Skagit County.
Now, with China banning the import of… Read more »
President Donald Trump ratcheted up the trade war rhetoric with China on Thursday evening, saying he was considering another wave of steep tariffs on the country's exports to the United States.
"In light of China's unfair retaliation, I have instructed the [United States Trade Representative] to consider whether $100 billion of additional tariffs would be appropriate," the president… Read more »
EVERETT, WA— On Saturday, Rep. Rick Larsen (WA-02) will host a forum on gun violence and school safety. The public event will include student speakers, Snohomish County Sheriff Office Captain Scott Parker, University of Washington School of Public Health Professor Frederick Rivara and Snohomish County NAACP Criminal Justice Chair Riall Johnson.
The event follows the tragic school… Read more »
China is the midst of several megaprojects that will transform its cities.
Over the next decade, China plans to encourage 250 million people (29 times New York City's population) to move into the country's growing megacities. To cope with that huge migration, the country has invested tens of billions of dollars in giant infrastructure projects.
This month, China will open its most… Read more »
— White House officials moved quickly on Wednesday to calm fears of a potential trade war with China, saying the administration's proposed tariffs were a “threat” that would ultimately help, not hurt, the U.S. economy, hours after China said it would punish American products with similar levies.
The administration's insistence that a trade war was not imminent came… Read more »
RONGCHENG, CHINA — Rongcheng was built for the future. Its broad streets and suburban communities were constructed with an eye to future expansion, as the city sprawls on the eastern tip of China's Shandong province overlooking the Yellow Sea. Colorful billboards depicting swans bank on the birds — one of the city's tourist attractions — returning there every winter to… Read more »
China's government is responding to the latest tariffs levied by the Trump administration with its own set of tariffs targeting American soybeans, cars and other exports.
The Washington Post reports that Beijing announced a plan Wednesday to implement 25 percent tariffs on imports of U.S. soybeans, airplanes and automobiles in a package that totals about $50 billion of U.S. goods.
… Read more »
