China

Chinese Balloon 2.0: Biden White House dismisses mystery drone sightings, suggests mistaken identity

The Biden administration has dismissed the recent wave of drone sightings on the East Coast, suggesting that most reports are likely cases of mistaken identity involving legally-operating aircraft.

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Former Chrysler exec says Trump’s win is prompting CEOs to move out of China

President-elect Donald Trump’sย landslide victory over Vice President Harris is already sending shockwaves through the business world as executives have looked to move production out of China since last week, former Home Depot and Chrysler CEO Bob Nardelli told FOX Business.

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Steve Madden announces plan to ‘rapidly’ move production out of China following Trump election win

Steve Maddenโ€™s CEO announced on a post-earnings call Thursday โ€” less than 48 hours after Trumpโ€™s victory โ€” that the retailer has put a “plan into motion” that cuts Chinese sourcing up to 45%.

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โ€˜We have deepened our ties with China,โ€™ Treasury Secretary Janet Yellen says of U.S.

During an interview with CNBC on Thursday, Treasury Secretary Janet Yellen stated that the relationship between the U.S. and China has โ€œgotten closer. I think we have deepened our ties with China.โ€

โ€˜We have deepened our ties with China,โ€™ Treasury Secretary Janet Yellen says of U.S. Read More ยป