The chancellor agreed to settle for a smaller deal that would give the Chinese state-owned company less sway after six members of his cabinet voiced their opposition.
China released a set of economic figures which had been postponed from the previous week, one day after Xi named party loyalist Li Qiang as the new second-in-command.
Some of America’s leading chip-equipment manufacturers are pulling workers from China’s largest chip maker because of new U.S. restrictions on semiconductor exports.
The Biden administration declared Oct. 6 that batteries from China may be tainted by child labor, a move that could upend the electric vehicle industry.
The luster of China as a source of low-cost production has been progressively fading, and the push for more responsible supply chains extends well beyond measuring carbon emissions.
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.
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