China

Government, Business

Joe Biden Says He Won’t Immediately Lift China Tariffs

President-elect Joe Biden speaks at an event in Delaware on Dec. 1. (Andrew Harnik/Associated Press) President-elect Joe Biden speaks at an event in Delaware on Dec. 1. Vice President-elect Kamala Harris sits in the background. (Andrew Harnik/Associated Press)

President-elect Joe Biden says he won’t immediately lift tariffs placed by President Donald Trump on many imports from China or break Trump’s initial trade deal.

December 2, 2020
Business, Technology, Autonomous

VW’s Traton to Build China Truck Factory in Expansion Push

The shell of a driver's cabin is carried along the production line at Scania's factory in Sweden. The shell of a driver's cabin is carried along the production line at Scania's factory in Sweden. (Mikael Sjoberg/Bloomberg News)

Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.

Christoph Rauwald | Bloomberg News
November 25, 2020
Business, Technology, Logistics

SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion

China's Full Truck Alliance has raised $1.7 billion from investors ahead of a potential IPO. Akos Stiller/Bloomberg News

Full Truck Alliance has raised $1.7 billion from investors including SoftBank Group Corp. and Tencent Holdings Ltd., a major cash infusion for the Uber-like trucking startup ahead of a potential initial public offering.

Lulu Yilun Chen | Bloomberg News
November 24, 2020
Government, Business, Logistics, TCA

C.H. Robinson Warns US Companies Could Miss Tariff Refunds

The Port of Long Beach in California is seen from above. (adamkaz/Getty Images) The Port of Long Beach in California is seen from above. (adamkaz/Getty Images)

Minnesota transportation and logistics company C.H. Robinson says it has identified almost $1 billion in potential refunds of tariffs its American clients paid on Chinese imports.

Jim Spencer | Star Tribune (Minneapolis)
November 23, 2020
Government, Business, Logistics

Biden Unlikely to Quickly Unwind China Tariffs, Democrat Ally Says

President-elect Joe Biden speaks about economic recovery in Wilmington, Del., on Nov. 16. President-elect Joe Biden speaks about economic recovery in Wilmington, Del., on Nov. 16. (Andrew Harnik/Associated Press)

President-elect Joe Biden isn’t likely to quickly unwind the tariffs President Donald Trump has imposed on Chinese imports, said Delaware Senator Chris Coons, a close ally of the incoming leader.

Daniel Flatley | Bloomberg News
November 20, 2020
Government, Business, Technology, Fuel

China Pushes Ahead With Hydrogen, Defying Skeptics Like Elon Musk

An attendant fills a truck with compressed hydrogen at a filling station in Shanghai. An attendant fills a truck with compressed hydrogen at a filling station in Shanghai. (Qilai Shen/Bloomberg News)

China, the world’s biggest market for electric vehicles, isn’t so quick to dismiss the alternative to batteries. Officials are promoting the development of hydrogen-powered cars, trucks and buses, with Beijing offering to reward cities that achieve adoption targets.

November 20, 2020
Government, Business, Logistics

China Calls for Rejecting Protectionism as It Braces for Biden

President-elect Joe Biden will face tense trade relations with China when he takes office in January 2021. President-elect Joe Biden will face tense trade relations with China when he takes office in January 2021. (Spencer Platt/Getty Images)

Chinese Vice President Wang Qishan called for global solidarity and a shift away from protectionism as Beijing grapples with the prospect of a new administration in Washington.

Peter Martin | Bloomberg News
November 16, 2020
Government, Business, Technology, Safety, Logistics

Purge of Chinese Technologies Confusing, Rushed, Costly, Trucking Groups Say

Huawei store in China A woman walks outside a Huawei store in Beijing on Aug. 5, 2020. The rule targets five Chinese companies: Huawei, ZTE Corp., Hytera, Hikvision and Dahua Technology. (Ng Han Guan/Associated Press)

Trucking industry groups said the rule requiring carriers to locate and purge technology made by five Chinese companies is confusing and doesn't give them time to complete their searches.

Eric Miller | Senior Reporter
September 24, 2020
Government, Business, Logistics

WTO: US Tariffs on China Are Illegal

A WTO panel ruled Sept. 15 that Trump administration tariffs on Chinese goods are illegal. President Donald Trump walks on the South Lawn as he arrives at the White House on Sept. 14. (Manuel Balce Ceneta/Associated Press)

A World Trade Organization panel ruled Sept. 15 that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO’s ability to hand down a final, binding verdict.

Jamey Keaten | Associated Press
September 15, 2020
Government, Business, Logistics

Port of Los Angeles Chief Says China to Miss Agriculture Target

The Port of Los Angeles, as viewed from above. The Vincent Thomas bridge spans the main channel of the Port of Los Angeles in this aerial photograph on May 1. (Patrick T. Fallon/Bloomberg News)

The head of the U.S.’ busiest port said China is on track to buy less than one-third of the American agricultural products it promised to purchase in 2020, the first year of a trade pact between the world’s biggest economies.

Ana Monteiro | Bloomberg News
August 14, 2020

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