Latest News Updates From Joe McDonald

BusinessTechnologyAutonomous

Tesla Secures Land in Shanghai for First Foreign Factory

BEIJING 鈥 Electric auto brand Tesla Inc. said it signed an agreement Oct. 17 to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.

October 17, 2018
GovernmentBusiness

China Trade Surplus With US Widens to Record $34.1 Billion

BEIJING 鈥 China鈥檚 trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13% over a year earlier despite a worsening tariff war.

October 12, 2018
GovernmentTechnology

China Announces Tariff Cut, Stays Silent on US Technology Complaints

China announced more tariff cuts Sept. 26 on construction machinery and other goods but no action on U.S. complaints about its technology policy that are fueling an escalating trade battle.

September 26, 2018
GovernmentBusiness

China Official Says Talks Impossible With 鈥楿S Holding Knife鈥

BEIJING 鈥 China cannot hold talks with Washington on ending their escalating trade dispute while the United States 鈥渉olds a knife鈥 to Beijing鈥檚 neck by imposing tariff hikes, a Chinese official said Sept. 25.

September 25, 2018
GovernmentBusiness

China Looks Unlikely to Give In After US Tariff Hike

BEIJING 鈥 China unveiled a slew of changes under mounting pressure from U.S. President Donald Trump over technology.

September 18, 2018
GovernmentBusiness

US, China Raise Tariffs in New Round of Trade Dispute

BEIJING 鈥 The United States and China went ahead with tariff hikes on billions of dollars of each other鈥檚 automobiles, factory machinery and other goods Aug. 23 in an escalation of a battle over Beijing鈥檚 technology policy that companies worry will chill global economic growth.

August 23, 2018
GovernmentBusiness

China Appeals for Cooperation as It Warns of 鈥楾rade War鈥

A top Chinese official warned March 25 that a 鈥渢rade war鈥 would harm all sides but gave no indication of Beijing鈥檚 possible next move in a spiraling dispute with President Donald Trump over steel and technology.

March 27, 2018