Thanks to its innovative drone industry, Shenzhen has become the leading hub of low-altitude economy for China and the world, boasting 1,085 drone departing and receiving stations, 309 flying routes, over 1,000 companies making low-altitude unmanned flying vehicles, and accounting for 70% of the world’s consumer-drone market. The city allows flying drones to deliver fast…
Workers at a large Nexperia packaging plant in the southern Chinese city of Dongguan said they are worried about becoming collateral damage in a simmering political dispute between the Netherlands and China that has upended the management of the Dutch semiconductor maker. During a visit by the Post on Thursday, operations at the factory appeared…
New York’s leading bridal trade show Mélange de Blanc and The Bridal Council have teamed up to debut a reimagined New York Luxury Bridal Fashion Week to corral bridal designers, buyers and members of the media together under one roof for the first time in more than a decade. With the latest installment of New York Luxury…
China tightened export controls for critical rare-earth metals on Thursday. The new restrictions were announced by the Chinese Ministry of Commerce, and come ahead of an expected meeting between Chinese President Xi Jinping and United States President Donald Trump’s later this month. The world’s two largest economies have been locked in trade negotiations aimed at…
The New Jersey Department of Corrections has teamed up with Pratt Institute to debut a fashion design and workforce development program at the Edna Mahan Correctional Facility. “The Design Studio” will offer incarcerated women a structured curriculum in fashion design, apparel construction, digital design and business planning. Organized with equipment to resemble a professional environment,…
The official non-manufacturing PMI, which covers services and construction, fell to 50.0 in September, its lowest reading since November. The composite PMI, which combines manufacturing and non-manufacturing data, edged up slightly to 50.6 from 50.5 in August. Overall, the data points to slow economic momentum across multiple sectors. Source link
US President Donald Trump said on Thursday that he will impose a 100 percent import tax on pharmaceutical drugs. He also announced new tariffs on other products. Here’s what we know, and what it all means. What pharma tariffs has Trump announced? In a post on his Truth Social platform on Thursday, Trump wrote that…
President Donald Trump said Sunday on social media that the United States would allow foreign companies to temporarily bring in “people of expertise” to train American workers, after which they would return home. Why It Matters Trump supports strict immigration measures and pledged to launch the largest mass deportation operation in U.S. history. Thousands of…
Tariffs haunt the global economy once more. Washington under Donald Trump, driven by a potent mix of economic anxiety and political nostalgia, slapped high duties on imports from virtually every country, dreaming of smokestacks rising again across the Rust Belt. It was all about making America great again – MAGA. Many saw it as a…
And that requires swallowing our pride here, right? Like we actually need to learn from China, even though US politicians don’t want to admit that. Yes. I think that we should all swallow pride. My personal philosophy is that if anyone wants to serve me shit, my answer is always going to be: “Please sir,…