Articles by tag: China

A driving force behind Industry 4.0 efficiency, and in essence the sustainable and operational evolution overtaking industrial manufacturing, are so-called “lighthouse factories”. The World Economic Forum recently identified 18 more Industry 4.0 lighthouse factories, bringing the total to 132 manufacturing sites across various industries and regions. In these advanced manufacturing hubs, mindset and strategy…

After nearly three years of Covid isolation, one of the world’s largest economies has begun to reopen. As China re-emerges from intense lockdowns, new fear over global oil demand sparks economic woes. But will Chinese demand for fuel spill out into global markets? Posting a 3% growth rate GDP for the 4th quarter, the Chinese…

Oil prices have dropped to their lowest level since before the war in Ukraine, after Saudi Arabia and other OPEC+ countries were reported to be considering increasing their output after China’s tightened COVID restrictions. Will significantly-low oil prices genuinely hurt the outlook for U.S. demand, and what other geopolitical forces are at play? Economist Tim…

(Bloomberg) — China is on the cusp of lifting an almost three-year grounding of Boeing Co.’s 737 Max, after the nation’s civil aviation body on Thursday issued an airworthiness directive for the single-aisle workhorse. The planemaker’s shares climbed. The notice, posted on the website of the Civil Aviation Administration of China, removes the last safety…

China partially closed one of the world’s busiest container ports due to a Covid outbreak. Bloomberg’s James Mayger reports on the potential impact the move could have on global trade. (Source: Bloomberg) Transcript: Francine Lacqua: China has partially shut the world’s third busiest container port after a worker became infected with COVID. It’s threatening more…

China, the world’s largest exporter, has reported its latest import and export numbers – and they might surprise you. While exports came up shy of projected growth (but still saw a 27.9% jump), the country’s import numbers exploded. The country saw a 51.1% spike in import value, the fastest pace it’s seen in a decade….

According to reports from Reuters, Apple is in talks with Chinese companies BYD & CATL regarding car batteries, another indicator that the rumored “Apple Car” could be one step closer to reality. This could be big news for global electric vehicle production and competition, as well as introduce conflicting dynamics in the broader EV supply…

As Chinese automobile manufacturer Geely, the parent company behind Volvo and Daimler AG, plans to launch its sub-brand of luxury electric vehicles, a possible competitor to Tesla’s growing footprint, the country appears poised to dominate the EV industry. Since the early ‘90s, China has ramped up its annual automobile production capacity. In 2001, after joining…

Some of the recent talk about the growing market for electric vehicles has centered around making EV offerings more affordable to capture a broader swath of would-be owners – but Geely is taking a different approach. The China-based auto manufacturer and parent company for Volvo and Daimler AG is expanding its vision and footprint in…