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Boeings Wrong Lesson to Learn
Losing China’s order of the century is beyond “geopolitical differences” Last week, the US Boeing Company took a huge blow by losing China’s biggest civil aviation order to its European nemesis Airbus. The transaction order of the century, placed by China’s three leading airlines, contains 292 Airbus A320 NEO passenger ...
Biden’s China Tariffs Is An Own Goal
The cost of Washington’s de-sinicized EV transition may be dire In 2021, Biden offered the American voters an alternative to trade barriers touted by the self-acclaimed “Tariff Man” in the Oval Office. “We’re going after China in the wrong way,” he said during the bumpy ride to the White House. ...
“Overcapacity” Talks Will Hurt America, Not China
Washington’s protectionist instinct is counterproductive when Chinese EV firms are simply more competitive Janet Yellen’s trip to China this April laid bare Washington’s latest focus of China anxiety: the country’s alleged “excess industrial capacity” in electric vehicles (EVs), lithium-ion batteries, and solar panels. The U.S. Treasury Secretary complained to Beijing ...