Cheongung-II, a South Korean air defense system, on display last year. The country’s defense companies are rapidly taking on new business, as U.S. firms struggle to keep pace with demand from multiple conflicts.
Cheongung-II, a South Korean air defense system, on display last year. The country’s defense companies are rapidly taking on new business, as U.S. firms struggle to keep pace with demand from multiple conflicts.
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
The country has prioritized self-sufficiency in producing a crucial battlefield weapon, though weaning itself fully off cheaper Chinese components is difficult.
Once celebrated for its fiery spirits, the town of Maotai has reeled from a bad Chinese economy, changing tastes and a crackdown on boozy official banquets.
The goal of between 4.5 percent and 5 percent, announced at a gathering of Communist Party leaders, was the lowest since 1991 and can offer clues about China’s policymaking plans.
General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
Investors are selling shares of Chinese E.V. companies, concerned that intensifying competition and shorter production cycles mean the years of easy growth are over.
Even as American automakers have scaled back their ambitions for electric vehicles, some are pivoting to a technology that could help boost renewable energy.
The shipping traffic and factories never stop in China’s port city of Ningbo, but the local housing market has crashed and nearby restaurants sit empty.
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
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