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by Ben Dooley DONGGUAN, China (AFP) — US presidential candidate Donald Trump has pledged to bring long lost American manufacturing jobs back from China. But he may be too late — even for products that bear his family name. A Chinese company that makes shoes for his daughter’s fashion line is moving production to Africa, where labour is much cheaper. The billionaire tycoon has frequently accused China of stealing US jobs through unfair trade practices […]
TOKYO, Japan (AFP) — Japanese industrial production dived in May for the first time in three months, official data showed Thursday, in a worrying sign for the already fragile economy. Factory output dropped 2.3 percent in May from a month earlier, much worse than the average 0.2 percent drop expected by economists, according to Bloomberg News. The weak figures come after Japan logged a trade deficit in May, its first since January, while retail sales […]
