Published by Promoting Economic Pluralism
Foxconn is halting new work rotations for its Chinese employees at its Apple iPhone factories in India, and sending Taiwanese workers instead, according to five people familiar with Foxconn’s operations …
Foxconn stops sending Chinese workers to India iPhone factories Read More
For Apple suppliers in Vietnam, the end of summer is recruitment season. In the months ahead of the busy holiday shopping rush, companies like Luxshare and Foxconn try to fill …
Apple manufacturers moved from China to Vietnam. Now they’re desperate for workers Read More
President Joe Biden has slapped major new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminium and medical equipment, taking potshots at Donald Trump along the way as …
Biden slaps new tariffs on Chinese imports, ratcheting trade war Read More
TOKYO, March 13 (Reuters) – Toyota Motor (7203.T), opens new tab agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening expectations that bumper pay raises will …
Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift Read More
The anti-China restrictions imposed by the United States are paying dividends and, on one level in particular, Mexico has been the major beneficiary. Since the toughening of President Joe Biden’s …
Mexico set to surpass China as the largest exporter to the US in 2023 Read More
Pakistan’s mobile assembly industry was poised to take off, but a foreign exchange crisis caused the nascent, import-dependent sector to crash. Only 10.6 million phones have been manufactured so far …
Laid-off workers hesitate to rejoin Pakistan’s yo-yoing phone assembly industry Read More
At first glance, the scene is just one of countless images of India’s contrasts. A child walks naked down a dusty street near a group of huts with corrugated iron roofs, …
How India is seeking to gain ground on China Read More
The U.S. considers building strong economic and security ties with Vietnam a priority, U.S. Treasury Secretary Janet Yellen said Thursday as she met with Vietnamese officials in a visit aimed at fortifying …
Yellen visits Vietnam to build US ties and push supply chain diversity to offset tensions with China Read More
Muhammad Faisol Chowdhury explains how, in Bangladeshi clothing factories, safety is a side show when survival is at stake. This year is the tenth anniversary of the worst garment factory …
Risky Business in the Rag Trade Read More
BEIJING, June 9 (Reuters) – China’s factory gate prices fell at the fastest pace in seven years in May and quicker than forecasts, as faltering demand weighed on a slowing …
China’s factory deflation steepens as demand wanes Read More