China

Business

China Plant-Closing Cascade May Cost Automakers 1.7 Million Cars

Employees work in a weld shop in Liuzhou, China, in May 2018. Employees work in a weld shop in Liuzhou, China, in May 2018. (Qilai Shen/Bloomberg News)

Forget about clinging to hopes that China, the world’s largest car market, will recover from its unprecedented two-year slump anytime soon.

February 3, 2020
Government, Business, Equipment, Logistics

Trucking Watches China Trade Deal Progress

China Trade Deal Workers on the production floor at a tire manufacturing plant in Dongying, China. (Kangrui Group)

The U.S.-China trade war has put a lot of stress on trucking, but the signing Jan. 15 of the first phase of a more comprehensive agreement between the two countries has spurred cautious optimism for the industry.

Connor D. Wolf | Staff Reporter
January 29, 2020
Government, Business

China’s Wider Fight With US Is Only Just Beginning After Trade Deal

Fight With US President Donald Trump (left) and Chinese President Xi Jinping at the G20 Summit last June. (Susan Walsh/Associated Press)

In a letter read out during the Jan. 15 trade deal signing at the White House, Chinese leader Xi Jinping asked U.S. President Donald Trump to take steps to “enhance mutual trust and cooperation between us.”

January 17, 2020
Government, Business

China Welcomes Currency Decision Ahead of US Trade Deal

currency Getty Images

BEIJING — China on Jan. 14 welcomed a U.S. decision ahead of the signing of a trade deal with Beijing to drop it from a list of governments accused of manipulating the value of their currencies to gain an unfair advantage in trade.

Joe McDonald | Associated Press
January 14, 2020
Government, Business, Fuel

Two Federal Studies Say Trade War With China Is Damaging US Economy

Trucks at the Port of Los Angeles Trucks at the Port of Los Angeles. Officials at the port assisted in putting together a study that found as many as 1.5 million U.S. jobs, and nearly $190 billion in economic activity, is threatened by tariffs. (Nick Ut/Associated Press)

Even as the Trump administration is set to sign phase one of the trade agreement with China, consumers and American businesses continue to feel the impact of the U.S.-China trade war.

Dan Ronan | Associate News Editor
January 9, 2020
Government, Business, Fuel

China’s Economy Czar Coming to Washington to Sign Trade Deal

Liu He Liu He. (Jason Lee/Associated Press)

China’s economy czar will visit Washington the week of Jan. 13 for the signing of an interim trade deal, the government said Jan. 9.

January 9, 2020
Government, Business

Trump Says China Trade Signing Set for Jan. 15

President Donald Trump President Trump says he will sign the first phase of a trade deal with China on Jan. 15. (Andrew Harrer/Bloomberg News)

President Donald Trump said he will sign the first phase of a trade deal with China on Jan. 15, sealing an agreement that sees the Asian nation raising purchases of American farm goods in exchange for lower tariffs on some of its products. The date has yet to be confirmed by the Chinese side.

Ana Monteiro | Bloomberg News
January 2, 2020
Business, Technology

Tesla Set to Deliver First China-Built Car in Milestone for Musk

Tesla plant in China An aerial view of the Tesla factory on the outskirts of Shanghai on Nov. 1, 2019. (Qilai Shen/Bloomberg News)

Tesla Inc. will start delivering China-built cars Dec. 30, a major milestone for Elon Musk’s company as it expands in the world’s largest electric-vehicle market.

December 27, 2019
Government, Business

Trump Says ‘Formal Signing’ of China Trade Pact Is Being Arranged

Containership at Xiamen, China Containership at Xiamen, China, by Qilai Shen/Bloomberg News

The U.S. and China are arranging the formal signing of the first phase of a broader trade deal between the world’s two biggest economies, President Donald Trump said after discussions between him and his counterpart, Xi Jinping.

December 20, 2019
Government, Business

Trucking, Port Officials Praise US-China 'Phase One' Trade Deal

China A truck is parked among containers at the Yangshan Deep Water Port in Shanghai. (Qilai Shen/Bloomberg News)

Trucking and transportation leaders praised the news that the United States and China reached an agreement to stave off a round of tariffs just days before they were set to take effect Dec. 15.

Dan Ronan | Associate News Editor
December 16, 2019

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