Merz backs EU plan to protect steel sector from Chinese imports
Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, especially from China, Chancellor Friedrich Merz said Thursday. “These proposals are a step in the right direction,” Merz said following talks with key steel industry players in Berlin. The EU in October floated plans to double […]
Chinese manufacturers in fighting spirits despite scrapped US orders
On a sweltering spring day, workers at a Christmas tree factory in eastern China rhythmically assembled piles of branches, wiping away sweat as they daubed white-paint snow onto plastic pine needles. Like countless other companies in the manufacturing powerhouse of Zhejiang province, its products are geared largely towards export — a sector freshly menaced by […]
Chinese hackers preparing to ‘wreak havoc’ on US, warns FBI chief Christopher Wray
Cyber hackers working for the Chinese government are preparing to “wreak havoc” on the US, FBI director Christopher Wray is warning. Critical infrastructure such as water treatment plants, the electrical grid, and transportation systems are being targeted to cause “real-world harm” to American citizens, he will tell US politicians on Wednesday. Mr Wray will speak […]