BEIJING—China's Ministry of Industry and Information Technology agency said last week that the country's automobile sector is back to normal, with both output and sales in May increasing more than 50 percent from April. Major suppliers SAIC Motor and SKF concur.
STOCKHOLM—Air-filtration manufacturer Camfil Group has begun building a state-of-the-art facility in Taicang city, Jiangsu province, China, that will cover an area of 40,467 square meters.
WASHINGTON—The U.S. trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the trade dispute with China, Commerce Department data showed last Thursday. The goods trade gap with China widened to a record.
WASHINGTON—A 14-month Congressional investigation uncovered 1,800 cases of counterfeit electronic components for American military equipment, including missiles, targeting systems and instrument panels. All totaled, the cases involved more than 1 million bogus parts.
BEIJING—A television reporter for ABC News was granted unrestricted access to Foxconn’s assembly lines. The contract manufacturer, which counts Apple and Dell among its customers, has faced scrutiny over working conditions at its factories.
BEIJING—Apple and the Fair Labor Association will be inspecting Foxconn’s assembly plants throughout China next week, following widespread protests over working conditions at the Chinese contract manufacturer.
WASHINGTON—A U.S. industry and union coalition accused China of sweeping illegal subsidies to its auto-parts sector that threaten to destroy more than a million U.S. jobs.
