China's navy has started escorting Chinese cargo ships through the Red Sea, according to a shipping company and Chinese state media reports. This comes as many cargo shipping companies have decided to avoid the globally important trade passage because of attacks from Houthi rebels. Since November, Iran-backed Houthis have launched scores of drone and missile…
Another trade war in the making? China s growth model pushes Beijing into more conflicts with the West thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Swiss solar panel
maker Meyer Burger is facing the brunt of competition
from China and is warning it may have to close its loss-making
production plant in Germany unless the government steps in.
Analysis-China s growth model pushes Beijing into more trade conflicts By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
Swiss solar panel maker Meyer Burger is facing the brunt of competition from China and is warning it may have to close its loss-making production plant in Germany unless the government steps in with financial support. "Chinese manufacturers are deliberately selling goods in Europe far below their own production costs," chief executive Gunter Erfurt told Reuters. "They can do this because the solar industry in China has been strategically subsidised with hundreds of billions of dollars for years."