Generous subsidies are helping the United States steal green industries from Europe, as countries race to secure the energy supplies of the future.
Category: International Trade and World Market
How China Built BYD, Its Tesla Killer
The leading Chinese electric vehicle company, with origins as a battery maker, has posted two years of million-car growth in sales.
For First Time in Two Decades, U.S. Buys More From Mexico Than China
The United States bought more goods from Mexico than China in 2023 for the first time in 20 years, evidence of how much global trade patterns have shifted.
What Hefei, China’s EV City, Says About the State of the Economy
Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.
New U.S. Solar and Electric Car Factories Face Familiar Challenge: China
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
Indian Stocks Are Booming. Why Is Long-Term Investment Lagging?
Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
Philippine Poverty and Farm-Based Economy Have Roots in Colonial Era
Decades after independence, the Philippines lacks the kind of factory economy that has lifted up other Asian nations, tying millions to farm work.
Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
How China Is Profiting From Trade With Russia
The country’s trade with Russia this year has exceeded $200 billion, and makers of cars and trucks are the big winners.
Red Sea Attacks Add Another Snarl to Global Shipping
Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.