Tesla Inc has managed to secure a place in China's list of approved automotive manufacturers. Tesla's $2 billion factory in the eastern Chinese city of Shanghai would be China's first fully foreign-owned car plant and it can start production now.
US China trade deal saga took another turn as President Trump said he would not sign any deal until he meets Chinese President Xi Jinping. The two leaders are expected to participate in the Asia-Pacific Economic Cooperation.
Nobel Prize winning biologist Sir Venkatraman Ramakrishnan, who was knighted by Queen Elizabeth II in 2012 for his contribution to science, has repeatedly spoken out against the threat of a no-deal Brexit.
In a key decision taken by a Cabinet meeting chaired by Chinese premier Li Keqiang, it was decided that the country will open its doors for foreign banks, securities companies and fund management firms but won't allow forced tech transfers.
U.N.'s World Intellectual Property Organization has said that China accounted for 1.54 million patent filings last year globally, nearly half of the total global patent filings. The US ranked second with almost 600,000 patent applications.
Huawei Technologies is the world’s largest maker of components for 5G networks. Though, smartphones shipments of Huawei have seen a 26% year-on-year growth, the U.S. trade restrictions could soon start affecting its overall business.
The 28-country EU and the smaller 19-nation euro zone both saw their growth slowing in the second quarter of this year, while industry data and confidence indicators point to a possible further deterioration this quarter, leading to fears of the onset of recession.
The new proposals are aimed at clarifying the UK’s suggested customs rules for Northern Ireland, two officials said.
More than 40 states now use one or more of Amazon's election offerings, according to a presentation given by an Amazon executive this year.
Undisclosed documents show that Deutsche Bank’s troubling behaviour in China was far more extensive than the authorities in the United States have publicly alleged.
Boeing recently announced more than $8 billion in costs tied to the crashes, and its stock price has declined by about 15% since early March.
Chinese President Xi Jinping's reported assurance to PM Narendra Modi during the second informal summit held on October 11, 12 at Mamallapuram.
The 18-month trade spat is finally broken. But the thornier issues have been left for later.
The United States is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy $40 billion to $50 billion in U.S. farm products as the world's two biggest economies reached a cease-fire in their 15-month trade war. The White House said the two sides made some progress on the thornier issues, including China's lax protection of foreign intellectual property. President Donald Trump announced the trade truce in a White House meeting with the top Chinese negotiator, Vice Premier Liu He. The news followed two days of talks in Washington.
In 2017, before the trade war started, China imported $19.5 billion of US farm output, falling to just over $9 billion in 2018.
The report called on governments to install buffers to protect against this situation, which could amplify shocks and spread to their economies.
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