Micron Technology would be a less than super deal for China. Beijing sees its reliance on foreign tech as a strategic weakness, and has already struck several small deals to bolster its own semiconductor industry. Yet a reported $23 billion purchase of the American memory-chip maker would be a much tougher proposition. [ by…
Preventing currency manipulation should be a key goal in any future free trade agreement. As ex-Fed Chairman Paul Volcker has said: “Trade is more affected by ten minutes of movements in exchange rates than by ten years of trade negotiations.” Without free trade in currencies, free trade in goods is simply impossible. [by Rep.…
In a victory for the United Steelworkers (USW) union, the U.S. International Trade Commission (ITC) on Tuesday (July 14) issued a final determination that domestic tire producers are being materially injured by dumped and subsidized imports from China. The vote was split along party lines 3-3, but the commission’s regulations require that a tie vote…
There is no lack of ingenuity and innovation in the U. S. today. Each year, thousands of new products are invented, and but most are never produced. Knowing how to use technology to create a product doesn’t mean you know how to manufacture it and get it to market. Obtaining a patent is a key…
HONG KONG — It is either the first step in the largest takeover of an American company by a Chinese one or a new chapter in the emerging technological cold war between the two countries. [ by Paul Mozur and Quentin Hardy | July 14, 2015 | NY Times ] Tsinghua Unigroup, a state-owned…