Move to protect US steelmakers is against norms of world trade

A worker at a steel company in Lianyungang, Jiangsu province, in January 2015. [Photo/China Daily] Announcing that the United States will investigate whether foreign steel imports harm the country’s national security, US President Donald Trump and Commerce Secretary Wilbur Ross have sent an unmistakable message to the big US steelmakers that they will protect them. National… Read more

Korean brands’ strength falls

Customers look at cars at a Hyundai retailer in Tianjin. Provided to China Daily While some blame political tensions, many credit rising quality of domestically produced vehicles South Korean marques are losing ground in China as local brands in the world’s largest auto market are offering improved quality and a wider choice of SUV models. In… Read more

China’s spending on robotics to hit $59.4b in 2020: IDC

Robot Jia Jia displays at the 2016 World Robot Exhibition in Beijing, Oct 21, 2016. [Photo/Xinhua] SHANGHAI – International Data Corp (IDC) reports that China will be spending $59.4 billion on robotics and related services by 2020. As the largest and the fastest growing robotics market in the world, China will account for over 30 percent… Read more

CRRC breaks ground at $100m US railcar factory

Chinese railcar manufacturer CRRC Sifang America broke ground on Thursday in Chicago at a $100 million plant that will build railcars for the city’s transit authority and become the company’s North American hub for the assembly of railcars. In 2016, CRRC Sifang, a unit of China Railway Rolling Stock Corp, was awarded a $1.3 billion contract… Read more