American lawmakers told US must learn from China to revive shipbuilding

American lawmakers told US must learn from China to revive shipbuilding

If the US hopes to rebuild a competitive shipbuilding industry and narrow China’s commanding lead, it should adopt some lessons from Beijing – emphasising long-term planning, steady government funding and policy consistency, witnesses told a US Senate hearing this week. China’s phenomenal rise in the global shipbuilding sector has caught the attention of Washington’s policymakers…

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Optimism spikes for a Thursday summit between Trump and Xi Jinping after advance talks yield a ‘substantial framework’

Optimism spikes for a Thursday summit between Trump and Xi Jinping after advance talks yield a ‘substantial framework’

President Trump’s closely-watched summit with Chinese President Xi Jinping is set for this Thursday in South Korea with increasing expectations after the weekend of advance talks have resulted in an environment that both sides say could be conducive to compromise. “I believe we’ve reached a very substantial framework that will avoid [a tariff hike] and…

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