Attacks near the Strait of Hormuz have claimed the lives of at least 25 seafarers. Their survivors are reeling.
Category: China
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Families of Sailors Killed in Gulf Struggle for Compensation and Closure
The New York Times – Business: -
China’s Exports Soar, Putting Its Trade Surplus on Track for a Record
The New York Times – Business:China’s exports grew last month at the fastest pace in almost any month since the end of the global financial crisis.
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Europeans Have a Love-Hate Relationship With Chinese Cars
The New York Times – Business:Consumers across the continent increasingly want to buy low-cost Chinese vehicles. Policymakers are seeking to slow them down.
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China and Europe Agree to Deal to Limit Chinese Exports of Hybrid Cars
The New York Times – Business:The European Union said that the deal could roughly halve Chinese shipments over four years. But it also could lead to an even stronger Chinese auto industry.
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Europe’s Trade Tensions With China Are Coming to a Head
The New York Times – Business:The European Union is weighing tougher trade measures as negotiators prepare to meet Chinese officials in Beijing, with surging exports from China pressuring key industries in Europe.
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China’s ‘Self-Reliance’ Drive Is Upending Trade With Europe
The New York Times – Business:China’s push to manufacture more at home has widened its trade imbalance with Europe, intensifying pressure on European industries and policymakers to take action.
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Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force
The New York Times – Business:The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
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Porsche’s New Look: Pricier Cars and 25% Fewer Employees
The New York Times – Business:The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
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The Hidden Policies That Power China’s Export Boom
The New York Times – Business:Huge tax breaks and a weak currency sustain exports, widen the government budget deficit and complicate the country’s efforts to rebalance its economy.
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US Solar Panel Makers Try to Catch China With a Big Leap in Technology
The New York Times – Business:Manufacturers say they are close to perfecting a new, more efficient solar panel that could help the United States reclaim ground it lost.
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China Resumes Curbs on Fuel Exports, Tightening Global Energy Markets
The New York Times – Business:China has started limiting exports of refined products again as its own inventories of crude oil and refined products have dwindled.
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Oil Is Flowing From the Persian Gulf, but Prices Remain High. Why?
The New York Times – Business:Crude oil costs close to $100 a barrel because traders are worried hostilities could soon restart and the world is burning through its emergency stockpiles.