News
Factory Closures Expand to Major Manufacturing Base in China as PMI Continues to Drop
China has published its official Manufacturing Purchasing Managers’ Index (PMI) for July, showing that production and business activity continues to contract. Meanwhile, many manufacturing companies in the Pearl River Delta, a major manufacturing base in China, US to Close China Transshipment Loophole With New 40 Percent Duty Rule
In response to China’s rare earth ban, the United States is moving to tighten trade loopholes with new tariffs. New U.S. tariff rates are drawing mixed reactions across Indo-Pacific countries. We look at their responses. China is demanding security proof