The President Can’t Counter China on His Own

May 5, 2023

There is a growing bipartisan awareness in the United States that the totalitarian global ambitions of the Chinese Communist Party (CCP) make it the most dangerous threat the free world has faced since the Cold War, and perhaps ever. In recognition of that threat, U.S. President Donald Trump’s National Security Council announced a comprehensive China […]

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South Korea pushes back against Chinese economic coercion

May 5, 2023

Authors: Dominic Simonelli, David Hundt and Baogang He, Deakin University South Korea has been in the firing line of Chinese economic coercion. Like Australia, the East Asian nation is a key member of the US alliance in the Pacific, whose role as a like-minded member of the rules-based order was emphasised during President Yoon’s recent […]

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Reshoring and nearshoring – is China still relevant?

May 5, 2023

China has been an interesting opportunity and a dynamic environment this century. During COVID-19, it became a challenging international conundrum. While still one of the world’s largest medtech markets, it was difficult to further penetrate (or even understand), given the lack of access due to the closed markets. Add-in the current global political situation and […]

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Fewer luxury shoppers but bigger spenders as Chinese return to Europe

May 4, 2023

SHANGHAI/PARIS, May 5 (Reuters) – China’s five-day Labour Day holiday in early May was once a good excuse for a quick European jaunt – with a side of luxury shopping on the agenda. But with flights remaining limited after China’s border reopening in January, European luxury stores will need to wait longer for the return […]

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Here’s Why Nearshoring To Mexico Might Be The Right Move For Many Manufacturers

May 3, 2023

Manufacturers keeping an eye on the news may have begun weighing their reshoring options. Or, if not seriously considering making operational changes, at least anticipating the pain that a geopolitical spar with China could inflict. Our relations with the country that exported $435 billion in goods to America in 2020 have slid into tenuous territory. […]

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Random Thoughts About Reshoring and Buying American

May 1, 2023

We have just posted the final episode of Season 2 of Modern Machine Shop’s podcast, Made in the USA. This season has been devoted to covering companies making choices to manufacture in the United States, and hearing both how and why they are doing so. Working on this season, and encountering companies’ various reasons for manufacturing […]

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Latest Reshoring Numbers Could Bode Well for Processors

May 1, 2023

I spent a good deal of time at our recent PTXPO 2023 trade show (March 28-30) talking to exhibitors and attendees alike about business and technology trends. I asked machine builders serving mostly the injection molding market to try to account for the spike in sales most of them experienced in 2021 and for part of […]

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Friend-shoring, not reshoring, is the answer

May 1, 2023

Kim Doo-sikThe author is CEO of Tech & Trade Institute and a lawyer.The United States has gone all out to rebuild a chipmaking ecosystem on its home turf. The country aims to move beyond chip designing and strengthen the semiconductor manufacturing capacity it has relied on Taiwan, South Korea and others. The goal is to […]

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The drive to spark an electric car revolution

April 28, 2023

It’s not often a regulatory body sets out to remake an entire industry, said the Los Angeles Times, but that’s just what the Environmental Protection Agency (EPA) plans to do with the automakers. A good thing too. Last week it proposed new emission rules that require manufacturers to electrify two-thirds of their passenger vehicles by 2032, […]

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Micron Technology and New York State Partner to Construct StateoftheArt Semiconductor Facility in Central New York

April 28, 2023

On April 28, 2023, a groundbreaking announcement was made by Governor Kathy Hochul, U.S. Senate Majority Leader Charles Schumer, Onondaga County Executive Ryan McMahon, and Micron CEO Sanjay Mehrotra. They revealed a public-private partnership with Micron Technology to construct a state-of-the-art semiconductor facility in Central New York. This project is set to become one of […]

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