Tesla Secures Land in Shanghai for First Foreign Factory
BEIJING — Electric auto brand Tesla Inc. said it signed an agreement Oct. 17 to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.
China Trade Surplus With US Widens to Record $34.1 Billion
BEIJING — China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13% over a year earlier despite a worsening tariff war.
China Announces Tariff Cut, Stays Silent on US Technology Complaints
China announced more tariff cuts Sept. 26 on construction machinery and other goods but no action on U.S. complaints about its technology policy that are fueling an escalating trade battle.
China Official Says Talks Impossible With ‘US Holding Knife’
BEIJING — China cannot hold talks with Washington on ending their escalating trade dispute while the United States “holds a knife” to Beijing’s neck by imposing tariff hikes, a Chinese official said Sept. 25.
China Looks Unlikely to Give In After US Tariff Hike
BEIJING — China unveiled a slew of changes under mounting pressure from U.S. President Donald Trump over technology.
US, China Raise Tariffs in New Round of Trade Dispute
BEIJING — The United States and China went ahead with tariff hikes on billions of dollars of each other’s automobiles, factory machinery and other goods Aug. 23 in an escalation of a battle over Beijing’s technology policy that companies worry will chill global economic growth.
China Appeals for Cooperation as It Warns of ‘Trade War’
A top Chinese official warned March 25 that a “trade war” would harm all sides but gave no indication of Beijing’s possible next move in a spiraling dispute with President Donald Trump over steel and technology.