Xi Jinping’s solution for China’s economy risks triggering new trade war
“China’s new focus on ’industrial upgrading’ means pushing into sectors now dominated by the wealthiest nations. That’s leading to lower imports from countries such as Germany, South Korea and Japan that traditionally ran trade surpluses with China because they provided its factories with high-tech components.”
[Bloomberg]
CBP reopens four Southwest ports of entry after weekslong closures
“Along with the disruption from migrants, the Texas Department of Public Safety (DPS) began safety inspections on Nov. 28 for all cargo trucks arriving from Mexico in Eagle Pass and Del Rio, Texas.”
[FreightWaves]
China sanctions U.S. provider of forced labor research
“In response, Los-Angeles based Kharon said it had no presence in China, so the action was ‘largely symbolic’ and would not impact its operations or ability to service its clients.”
[Voice of America]
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