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Trucks in Ciudad Juarez await entry into Texas. U.S. imports from Mexico has increased sharply, overtaking China as the top source for foreign goods.
The State of Texas is taking action against China that some are worried could trigger a trade war with the superpower. Texas Rep. Gene Wu raises concerns about state's potential trade war with ...
Peak globalization has actually already come and gone, according to David Roche, president and global strategist at London-based Independent Strategy. Globalization is waning, and a US-China trade ...
In 1989 China's population was the largest in the world but its GDP was only ninth in the world, yet twenty-five years later China's economy has become the second largest after only the U.S. This major increase in economic development was not without a cost because although economic reform and globalization had brought China unprecedented ...
Globalization is sometimes perceived as a cause of a phenomenon called the "race to the bottom" that implies that to minimize cost and increase delivery speed, businesses tend to locate operations in countries with the least stringent environmental and labor regulations. Pressure to do this is increased if competitors lower costs by the same means.
[3] [4] Assessing and enforcing compliance has become issues in China-US trade relations, [5] including how China's noncompliance creates benefits for its own economy. [ 6 ] In 2024, the WTO stated that there is an "overall lack of transparency" in the Chinese government's financial subsidies for key industrial sectors.
SINGAPORE/HONG KONG (Reuters) -The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of ...
(The Center Square) – Gov. Greg Abbott issued an executive order “to protect Texans from the coordinated harassment and coercion by the People's Republic of China (PRC) or the Chinese ...