Heard on the Street: For the first time in a long time, U.S. factories seem to be doing worse than Chinese ones
Chinese factories are suddenly looking a bit healthier. U.S. manufacturers aren’t. While some Beijing-based trade warriors may be gloating and Washington-based ones sulking, investors shouldn’t jump to conclusions.
The U.S. September factory purchasing managers index , released Tuesday by the Institute of Supply Management, was the worst since 2009. U.S. manufacturing has been trending down for a while and is likely to remain weak, thanks to a strong dollar and faltering global trade. Yet Tuesday’s alarming number can...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
To mark 70 years of Communist rule, China shows off new weaponsFifteen thousand troops marched through central Beijing, accompanied by 580 pieces of weaponry and more than 160 aircraft
Read more »
Biden’s trip to China with son Hunter in 2013 comes under new scrutinyBiden’s trip to Beijing is coming under new scrutiny amid revelations about President Trump’s efforts to dig up information to corroborate his unproven corruption allegations regarding Biden and his son’s work in Ukraine.
Read more »
India's moves in Kashmir raise tension in part next to ChinaAfter the Indian government stripped away statehood from disputed Kashmir, new tensions are brewing in Ladakh, a remote and picturesque part of that territory that borders China. There are fears of land grabs by outsiders and widespread anxiety.
Read more »
Don't Underestimate The Threats Posed By U.S.-China DecouplingThe U.S. goal of bilateral decoupling from China will not only fail in a globalized marketplace, but the tools waged by the U.S., paired with its go-it-alone approach to try to contain and isolate China both economically and technologically, will not induce the changes Washington seeks from Beijing.
Read more »
China showcases fearsome new missiles to counter U.S. at military paradeChina&39;s military on Tuesday showed off new equipment at a parade in central Beijing to mark 70 years since the founding of the People&39;s Republic, including hypersonic-glide missiles that experts say could be difficult for the United States to counter. In a speech at the start of the nearly three-hour
Read more »