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Foxconn's giant factory in Wisconsin sounded too good to be true. Turns out it was


Foxconn s giant factory in Wisconsin sounded too good to be true. Turns out it was
CNN
2 hrs ago
By Chris Isidore, CNN Business
© Yichuan Cao/NurPhoto/Getty Images
A shovel is set in place before the groundbreaking ceremony of Foxconn flat-screen TV factory in Wisconsin on June 28, 2018. Over a year after U.S. President Donald Trump, Softbank CEO Masayoshi Son and Foxconn Chairman Terry Gou attended the groundbreaking ceremony in Mount Pleasant, Wisconsin, United States, the plan has not been finalized on whether the factory will become a reality.
When first announced in 2017, Foxconn s plan to build a massive electronics factory in Wisconsin was hailed by then-President Donald Trump as a sign of the rebirth of American manufacturing. ....

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Fiscal support to lift China's growth efforts - People's Daily Online


Fiscal support to lift China s growth efforts
(China Daily)    09:55, December 13, 2020
A teller counts cash at a bank branch in Hangzhou, capital of East China s Zhejiang province. [Photo by Hu Jianhuan/For China Daily]
Finance Minister says policies to boost R&D investment and tech innovation
China will step up fiscal policy support to the new economic development pattern by being largely reliant on expanding domestic demand and facilitating technology innovation, Finance Minister Liu Kun said on Friday.
Fiscal policies can be made more effective to moderately lift public consumption and stimulate consumer consumption by increasing the personal incomes of the medium-and low-income groups. That will help form a broad domestic market in the world s second largest economy and sustain its economic growth, Liu said in an article for the Study Times. ....

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