BEIJING — U.S. officials have a name for their frustration with Beijing’s technology ambitions: “Made in China 2025.” Issued in 2015, it calls for China to develop its own global competitors in fields from information technology to electric cars to pharmaceuticals. The U.S. Trade Representative’s Office cited “Made in China 2025” in announcing last week […]
CONCORD, N.H. — An international crackdown on illegal logging in tropical forests has ensnared the makers of some guitars and other musical instruments, whose top-end products require small amounts of rosewood, a material prized for its rich, multicolored grain and resonant sound. Since new trade rules took effect in 2017, guitar makers have complained about […]
BEIJING — China’s government has denied President Xi Jinping’s promises this week to cut import tariffs on cars and open China’s markets wider were aimed at settling a worsening tariff dispute with Washington. State media cited a Commerce Ministry spokesman, Gao Feng, as saying on Thursday that negotiations are impossible under “unilateral coercion” by President […]
TOKYO — Takata Corp., the Japanese air bag maker embroiled in a massive recall, says the acquisition by U.S. mobility safety company Key Safety Systems has been completed, and the president resigned. Takata President Shigehisa Takada said Thursday in a statement he has resigned as president and chairman, replaced by Yoichiro Nomura, chief financial officer, […]
WELLINGTON, New Zealand — Signalling its commitment to a clean energy future, New Zealand’s government announced Thursday it won’t issue any more permits for offshore oil and gas exploration. The announcement won’t affect existing permits for exploration or extraction, meaning the industry is likely to continue in the South Pacific nation for several more decades. […]
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