Shanghai-based Advanced Micro-Fabrication Equipment Inc. China (AMEC) announced that it has recently filed a federal lawsuit against the US Defense Department over its designation as a "Chinese Military Company." Another Chinese tech firm, Hesai Technology, reportedly succeeded in "forcing" the Pentagon to remove it from the blacklist through...More

While the US policy of reshoring manufacturing has made progress, prioritizing the promotion of the US manufacturing industry completely over economic efficiency will inevitably pose challenges and uncertainties to the sustainability of its return. A Financial Times investigation revealed on Monday that $84 billion of the US manufacturing...More