Alakai Development, a Honolulu-based residential development company, has terminated its $23.3 million deal to purchase nearly 20 acres of land in West Oahu from China Oceanwide Holdings, KITV4 has learned.Alakai
Federal Trade Commission continues pursuit of deceptive Made in USA claims, this time with allegations that company Lions Not Sheep and its owner, Sean Whalen. Whalen appeared in social media posts claiming he could conceal the fact that his product were of Chinese origin.
Concerns about international trade have grown, as recent studies document a negative effect of Chinese import competition on US labour markets. This column provides a new framework to explain this observation, which relies on the presence of downward nominal wage rigidity in US labour markets. The increased competition from China improves US terms of trade, but nominal wage
Get latest articles and stories on World at LatestLY. China's infamous Zero-COVID policy has gained eyeballs for all the wrong reasons and amid this European and US companies in China have expressed concern about an increasingly unstable investment climate due to seemingly unending lockdowns and severe disease control measures. World News | Companies Relocate Investments as China Reels Under Strict Zero-COVID Lockdowns.