Penny pinchers have put even the all-powerful Chinese central government on its back heel

Penny pinchers have put even the all-powerful Chinese central government on its back heel

China’s local governments, long the engines of infrastructure-driven growth, have turned into reluctant **penny pinchers** amid a crushing debt overload and plummeting revenues from the property slump. This widespread austerity at the provincial and municipal levels is now putting unprecedented pressure on the **all-powerful central government**, forcing Beijing into a delicate balancing act as it … Read more

Trump gets NATO allies to spend 5% of GDP on defense, now must pay bills

Trump Gets Nato Allies To Spend 5% Of Gdp On Defense, Now Must Pay Bills

Trump Secures NATO 5% Defense Spending Pledge: Allies Step Up, But U.S. Taxpayers Still Foot the Bill? President Donald Trump just pulled off what many called impossible: NATO allies agreed to pump 5% of their GDP into defense by 2035. It’s a win for fair share talks, but as Trump himself notes, America can’t keep … Read more

U.S. and China agree to slash tariffs for 90 days in major trade breakthrough

U.s. And China Agree To Slash Tariffs For 90 Days In Major Trade Breakthrough

U.S. and China Conform to Slash Tariffs for 90 Days in Main Commerce Breakthrough Might 12, 2025 – In a major step towards de-escalating a commerce warfare that has roiled international markets, the USA and China have agreed to drastically scale back tariffs on one another’s items for a 90-day interval. The breakthrough, introduced Monday … Read more

How Trump’s trade policy is putting pressure on U.S. farmers

How Trump’s trade policy is putting pressure on U.S. farmers

Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Affiliation Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, nevertheless, he has to navigate a tariff minefield at a time when the sector is already dealing with main headwinds. Ragland works … Read more

China says market has spoken after Trump tariffs spark stocks rout

China Says Market Has Spoken After Trump Tariffs Spark Stocks Rout

China Says “Market Has Spoken” After Trump Tariffs Spark Stock Rout Beijing, China – In a pointed response to the recent turmoil in global financial markets triggered by President Donald Trump’s announcement of new tariffs on Chinese imports, Chinese officials are asserting that “the market has spoken” in reaction to the escalating trade tensions. The … Read more

Designing A Carwash Building For Southern China

When it comes to functional designs in business it takes a lot more than a college design student or a superstar design architect – it takes that too, but mostly you need someone with lots of industry experience who can flow. Understands the business model, the difficulties, and how to achieve process efficiency. It does … Read more

Nvidia CEO Hammers Chip Controls That ‘Effectively Closed’ China Market

Nvidia Ceo Hammers Chip Controls That ‘Effectively Closed’ China Market

SAN FRANCISCO — Nvidia CEO Jensen Huang delivered a blistering critique of U.S. export controls on advanced semiconductors to China, declaring that “The $50 billion China market is effectively closed to U.S. industry” and announcing his company is taking a multibillion-dollar writeoff on unsellable inventory. Market Share Collapse in China Speaking at the annual Computex … Read more

Nvidia says its AI chips do not have ‘kill switches’ after China claim

Nvidia Says Its Ai Chips Do Not Have ‘Kill Switches’ After China Claim

Nvidia Denies ‘Kill Switch’ Claims in AI Chips Amid China’s Security Concerns Santa Clara, California, August 5, 2025 – Nvidia Corp. has firmly rejected accusations from China’s Cyberspace Administration of China (CAC) that its H20 artificial intelligence (AI) chips contain “kill switches” or backdoors that could allow remote deactivation or tracking. The controversy, sparked by … Read more

Consumer food businesses ‘nowhere to absorb it’

Consumer Food Businesses ‘Nowhere To Absorb It’

As inflation continues to soar, consumer food businesses across the country are grappling with unprecedented cost increases and supply chain disruptions. In a growing number of industries, businesses are finding themselves “nowhere to absorb it,” unable to offset the rising prices of raw materials, labor, and logistics without passing them on to consumers. According to … Read more

Nvidia Announces Resumption of H20 AI Chip Sales to China with Trump’s Approval

Nvidia Announces Resumption Of H20 Ai Chip Sales To China With Trump’s Approval

July 15, 2025 – Nvidia announced on July 15, 2025, that it will resume sales of its H20 artificial intelligence (AI) chips to China, following assurances from the U.S. government under President Donald Trump that export licenses will be granted. This reverses an April 2025 ban imposed by the Trump administration, which had restricted H20 … Read more