FRANKFURT, Germany—Sales of industrial robots in China increased by 19 percent in 2020, according to preliminary data from the International Federation of Robotics (IFR).
STOCKHOLM—Air-filtration manufacturer Camfil Group has begun building a state-of-the-art facility in Taicang city, Jiangsu province, China, that will cover an area of 40,467 square meters.
WUHAN, China — Honda Motor Co. said it has partially resumed four-wheel vehicle production here, the epicenter of the new coronavirus outbreak, after obtaining permission from local authorities.
HONG KONG — Geely Automobile Holdings Ltd. said it is investing $326 million in a new satellite manufacturing plant in China in efforts to provide more accurate data for autonomous vehicles.
In January, the U.S. and China agreed to a trade deal that cut some U.S. tariffs on Chinese goods in exchange for Chinese pledges to purchase more American farm, energy and manufactured goods and address U.S. complaints about intellectual property practices.
PUNJAB, India—International Tractors Ltd. anounced Monday that it has entered into a joint venture with Shandong Luyu Heavy Industry Co. Ltd. that will invest $10 million to set up an assembly plant in China for tractors and engines.
WASHINGTON—The U.S. trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the trade dispute with China, Commerce Department data showed last Thursday. The goods trade gap with China widened to a record.
