The plastics can partially replace some metals and have various applications including in auto parts, electronics, and medical equipment, China’s Commerce Ministry said
The cancellation came at the request of RusChemAlliance, a subsidiary of Russian gas giant Gazprom and the operator of the project, German news agency dpa reported
Supply chain issues, saturated market took a toll
China reportedly is considering a plan for local governments to buy millions of unsold homes from distressed companies
Chinese government appears to be weighing its options for responding to new slate of US tariffs, including 100% levy on Chinese electric vehicles
43% of master’s degrees fail to deliver a return, new research shows
The US president also adds new levies on computer chips, solar cells and lithium-ion batteries
Hong Kong is battling to revive its economy following a national security crackdown
Analysts say China achieved some success with Xi’s trip, but the dynamics between Beijing and Brussels are unlikely to change
The tariffs reportedly were also set to include semiconductors and solar equipment
The U.S. economy is one of the biggest issues for voters in the 2024 presidential contest between Joe Biden and Donald Trump. Biden campaigned this week on new tech investments. Trump says he will roll back Biden infrastructure spending and increase oil drilling. VOA's Scott Stearns has the story.
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