Day: June 11, 2019

Apple can make US-bound iPhones outside of China if necessary – Engadget

China reportedly met with tech companies in recent days, telling them not to comply with US orders that would dramatically affect their Chinese manufacturing plans. It allegedly threatened serious consequences, although it didn’t outline what those were. The safety net could be vital for Apple, not to mention for millions of people who could suddenly …

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Commerce Secretary Wilbur Ross predicts Trump and China will reach a trade deal — ‘even shooting wars end in negotiations’ – CNBC

Commerce Secretary Wilbur Ross predicted on Tuesday that the U.S. and China will successfully negotiate a trade deal. “Eventually, this will end in negotiation,” Ross said on CNBC’s “Squawk Box.” “Even shooting wars end in negotiations.” With questions circulating about whether President Donald Trump and Chinese leader Xi Jinping would meet on trade at the …

Commerce Secretary Wilbur Ross predicts Trump and China will reach a trade deal — ‘even shooting wars end in negotiations’ – CNBC Read More »

China dreams on hold: heartland city feels chill of economic slowdown

ZHENGZHOU, China (Reuters) – For the last decade, the city of Zhengzhou has been getting a taste of the Chinese dream. Fueled by investment, including large subsidies from the central government in Beijing, the provincial capital of the inland province of Henan has boomed. Once an impoverished city of 10 million set between the Yellow…