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Stock impact report

How ‘Made in China 2025’ became the real threat in a trade war [Los Angeles Times (CA)]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
How ‘Made in China 2025’ became the real threat in a trade war China unveiled its plan to dominate the world's most crucial technologies with little international fanfare, another vague, guiding principle in the labyrinth of Communist Party bureaucracy. Three years later, it's at the core of a trade dispute with Washington that threatens to upend the global economy. Made in China 2025 is a blueprint for transforming the country from a labor-intensive economy that makes toys and clothes into one that engineers advanced products like robots and electric cars. The Trump administration views it as an attempt to steal U.S. technology and control cutting-edge industries. Officials aimed to temper the initiative this month when they announced potential tariffs on $50 billion in goods. But Chinese leaders consider the plan key to the country's development and refuse to alter its course. "China is trying to achieve a clear goal and America wants to stop it," said Andrew Polk, co-founder of Tri Show less Read more
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