Chrysler, Ford and General Motors saw a booming Chinese driving culture and cheap labor. Now the market is slowing, competition is rising and the Trump administration wants limits. Source: NYT > Business – KEITH BRADSHER and AILIN TANG
Trump Undermines Top Trade Adviser as He Pushes for China Deal
Robert Lighthizer, the United States trade representative, must defend a trade pact that is shaping up to be less ambitious than he might once have hoped. Source: NYT > Business – ANA SWANSON
Trump Delays a Tariff Deadline, Citing Progress in China Trade Talks
The president, who has been eager to cut a deal with Beijing, said the negotiators had forged a compromise on key issues. Source: NYT > Business – ANA SWANSON
China’s Tech Firms Are Mapping Pig Faces
As a devastating disease afflicts the country’s swine, companies are scrambling to roll out facial and voice recognition and other unproven ways to save them. Source: NYT > Business – SUI-LEE WEE and ELSIE CHEN
The New New World: China’s Entrepreneurs Are Wary of Its Future
Behind the scenes, businesspeople worry that Beijing has become more interested in solidifying its control over people’s lives than promoting economic growth. Source: NYT > Business – LI YUAN
The Dollar Is Still King. How (in the World) Did That Happen?
Despite talk that the dollar was losing dominance, it has only gained stature, reinforcing President Trump’s power to dictate foreign policy. Source: NYT > Business – PETER S. GOODMAN