Silicon Valley Venture Capitalists Are Breaking Up With China
In Washington, actions to limit investing in China have piled up. President Biden signed an executive order last year restricting investments from U.S. firms in Chinese start-ups working on artificial…
US Needs More Chips Funding as AI Fuels Demand, Raimondo Says
Commerce Secretary Gina Raimondo said that the US will need continued investments in semiconductor manufacturing to regain global leadership and meet demand from artificial intelligence technologies. “I suspect there will have to…
Mexico Replaces China For Imports. What’s Happening?
Chinese automotive companies are seeking high-quality locations near the border. Jorge Luis Baca, regional director for Querétaro at American Industries Group, noted that since the last quarter of 2022, half…
Hearing Looks At Implementing Buy America Provisions
Buy America provisions provide companies like Nucor confidence to invest in the future, because the company knows that dollars spent on infrastructure projects support American products. Such confidence has allowed…
Ford Sees ‘Colossal’ Competitive Threat in Low-Cost Chinese EVS
Ford Motor Co. sees low-cost Chinese electric vehicles as a “colossal strategic threat” that will ultimately arrive on US shores. China’s BYD Co. recently surpassed Tesla as the world’s largest EV maker, with low-priced models…
Elon Musk’s Big Tesla Factory in Mexico Taps Chinese Suppliers, Stoking DC Fears
The value of Chinese auto parts made in Mexico and exported to the US reached $1.1 billion in 2023, up 15% over the previous year. Last year, there were 33…
How China Built BYD, Its Tesla Killer
BYD’s sales grew as the Chinese market soared. Warren E. Buffett bought a nearly 10 percent stake for $230 million in 2008, giving BYD not just a cash infusion but…
How The Year Of The Dragon Will Shape Multinationals’ Approach To China
The past eight or so years have seen the beginnings of a shift in the way the world does business with its largest national economy. Once the world’s factory and…
Two Army Rangers made the bracelet Taylor Swift wore at AFC Championship game
A jewelry company owned by two former Army Rangers has seen its sales increase by 2,000% since Taylor Swift hugged her NFL boyfriend, Travis Kelce, wearing one of their diamond…
US House panel renews push to punish trade fraud by Chinese companies, warning of ‘catastrophic impact’ on manufacturing
Last week, local media reported that the Department of Homeland Security executed a federal search warrant for Harco Manufacturing Group, a firm based in Moraine, Ohio that was acquired by…