For U.S. and other automakers, selling a car in China has always been difficult. But this week, China announced some moves that could pave the way for new sales for some manufacturers.
China's Commerce Ministry says the preliminary finding of a two-month anti-dumping investigation found that imports of the U.S. cereal grain have been unfairly subsidized.
China is hoping for a balance between its desire for an economy based more on consumption while at the same time trying to rein in rapidly increasing household debt.
The announcement puts a new focus on U.S.-China tensions. On Thursday, Chinese President Xi Jinping reviewed his country's largest-ever navy parade, including many warships that were recently built.
The U.S. has been pushing China to lower its high 25 percent tariff on imported cars, but most countries zealously protect their domestic auto markets — including the United States itself.
California produces about 85 percent of American wine, which is worth about $1.5 billion in exports. As of now, China imports little U.S. wine, but it's one of the world's fastest-growing markets.
The Chinese president told a group of investors and regional leaders gathered in Hainan that his country would "significantly" lower tariffs on imported automobiles and other products.
When a Chinese wind turbine maker stole vital trade secrets from American Superconductor, the damage was enormous. The theft cost the firm hundreds of millions of dollars and resulted in mass layoffs.