Electronic parts manufacturing
FILE - A 1988 photo provided by China's Xinhua News Agency shows Communist Party Leader Xi Jinping, right, then secretary of the Ningde Prefecture Committee of the Communist Party of China (CPC), participates in farm work during his investigation in the countryside. Born in Beijing in 1953, Xi enjoyed a privileged youth as the second son of Xi Zhongxun, a former vice premier and guerrilla commander in the civil war that brought Mao Zedong's communist rebels to power in 1949. At 15, Xi Jinping was sent to rural Shaanxi province in 1969 as part of Mao's campaign to have educated urban young people learn from peasants. (AP Photo/Xinhua, File)
President Xi Jinping, China's 'chairman of everything'

By Joe Mcdonald Feb. 02, 2022 08:22 PM EST

FILE - Chinese authorities test fireworks ahead of the Aug 8 start of the Olympic Games on Tiananmen Square in Beijing, China, Saturday, Aug 2, 2008. Richer, more heavily armed and openly confrontational, China has undergone history-making change since the last time it was an Olympic host in 2008. (AP Photo/Ng Han Guan, File)
China 2008 vs 2022: Richer, stronger, more confrontational

By Joe Mcdonald Jan. 25, 2022 11:08 PM EST

Hairdressers wearing protected suits cut residents' hair at a residential block which has become under lockdown in Xi'an in northwest China's Shaanxi province on Sunday, Jan. 9, 2022. A major Chinese city near Beijing has placed its 14 million residents on partial lockdown after a number of children and adults tested positive for COVID-19, including at least two with the omicron variant. Elsewhere, millions of people are being confined to their homes in Xi'an and Yuzhou, two cities that are farther away but have larger outbreaks traced to the delta variant. (Chinatopix Via AP)
China locks down 3rd city, raising affected to 20 million

By Ken Moritsugu Jan. 11, 2022 02:09 AM EST

A protester stands to oppose South Korean President Moon Jae-in's possible visit to Japan in front of a building which houses Japanese embassy in Seoul, South Korea, Monday, July 19, 2021. Moon has decided not to visit Japan for the Tokyo Summer Olympics, citing a failure to set up a summit with Japan's prime minister that would produce meaningful results in improving relations. The signs on a banner at left read "Expel Hirohisa Soma, deputy chief of mission at the Japanese Embassy in Seoul, from South Korea." (AP Photo/Ahn Young-joon)
With no summit, South Korean president to skip Olympics

By Kim Tong-Hyung Jul. 19, 2021 05:41 AM EDT

FILE - In this Dec. 4, 2015, file photo Ray Curry, a regional director of the United Auto Workers, speaks in Chattanooga, Tenn. On Monday, June 28, 2021, Curry was elected president of the union. (AP Photo/Erik Schelzig, File)
New UAW president will face huge post-pandemic challenges

By Tom Krisher Jun. 28, 2021 03:31 PM EDT

This Nov. 15, 2020 photo shows a long row of unsold used Highlander sports-utility vehicles sits at a Toyota dealership in Englewood, Colo. In 2021, high demand and low supply have driven up used vehicle prices so much that many are now selling for more than their original sticker price when they were new. (AP Photo/David Zalubowski)
Some used vehicles now cost more than original sticker price

By Tom Krisher Jun. 22, 2021 03:51 PM EDT

FILE - In this Dec. 1, 2020 file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. The Federal Reserve signaled Wednesday, June 16, 2021, that it may act sooner than previously planned to start dialing back the low-interest rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided with rising inflation. The Fed's policymakers forecast that they would raise their benchmark short-term rate, which influences many consumer and business loans, twice by late 2023. They had previously estimated that no rate hike would occur before 2024. (AP Photo/Susan Walsh, Pool, File)
Fed sees earlier time frame for rate hikes with inflation up

By Christopher Rugaber Jun. 16, 2021 02:07 PM EDT

FILE - In this Dec. 1, 2020 file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. The Federal Reserve reports that the U.S. economy grew at a somewhat faster pace from early April to late May despite adverse effects from supply chain disruptions. The Fed’s latest survey of economic conditions around the nation released Wednesday, June 2 2021, said that several Fed districts reported positive effects on the economy from increased vaccination rates and relaxed social distancing measures. (AP Photo/Susan Walsh, Pool, File)
Delicate task for Fed: When to pull back on low-rate support

By Christopher Rugaber Jun. 14, 2021 01:18 PM EDT

Patrons are assisted while dining along a sidewalk on Franklin Street in Chapel Hill, N.C., Friday, April 16, 2021. As consumers increasingly venture away from home, demand has begun to shift away from manufactured goods and toward services, from airline fares to restaurant meals, triggering inflation in those areas. (AP Photo/Gerry Broome)
Another jump in prices tightens the squeeze on US consumers

By Martin Crutsinger Jun. 10, 2021 08:42 AM EDT

Editorial Roundup: U.S.

By The Associated Press Jun. 09, 2021 01:26 PM EDT
Excerpts from recent editorials in the United States and abroad: June 8 The Montreal Gazette on anti-Muslim hatred in...

Senate Majority Leader Chuck Schumer, D-N.Y., speaks to reporters after the Democrats' policy luncheon, on Capitol Hill in Washington, Tuesday, May 11, 2021. (AP Photo/J. Scott Applewhite)
China denounces US bill aimed at boosting competitiveness

Jun. 09, 2021 05:40 AM EDT

FILE - In this Wednesday, May 8, 2013 file photo a Ferrari logo is displayed on a wheel in the department Ferrari factory in Maranello, Italy. Luxury sports carmaker Ferrari has tapped Benedetto Vigna, an Italian executive at Europe’s largest semiconductor chipmaker, as its new CEO, the company announced Wednesday, June 9, 2021. (AP Photo/Marco Vasini, File)
Ferrari taps European chip-maker executive as new CEO

By Colleen Barry Jun. 09, 2021 03:47 AM EDT

U.S. flags fly from the facade of the New York Stock Exchange, Monday, June 7, 2021. Stocks are opening mostly higher on Wall Street as gains for Big Tech companies offset weakness in banks and other parts of the market. The S&P 500 edged up 0.1% in the early going Wednesday, June 9. (AP Photo/Richard Drew)
US indexes end lower; more volatility for online favorites

By Damian J. Troise And Alex Veiga Jun. 09, 2021 02:21 AM EDT

FILE - In this Wednesday, March 24, 2021 file photo, mid-sized pickup trucks and full-size vans are seen in a parking lot outside a General Motors assembly plant where they are produced in Wentzville, Mo. General Motors says efforts to manage the global computer chip shortage have worked better than expected, so it’s financial results will improve over previous forecasts. The company says in a statement Thursday, June 3, it has made engineering changes, prioritized semiconductor use and pulled some potential deliveries into the second quarter. (AP Photo/Jeff Roberson, File)
Senate passes bill to boost US tech industry, counter rivals

By Kevin Freking Jun. 08, 2021 01:52 PM EDT

White House press secretary Jen Psaki listens as deputy director of the National Economic Council Sameera Fazili speaks during a press briefing at the White House, Tuesday, June 8, 2021, in Washington. (AP Photo/Evan Vucci)
Biden to launch task force on bottlenecks in supply chains

By Josh Boak Jun. 08, 2021 05:28 AM EDT

A man wearing a protective mask rides a bicycle in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm Wednesday, June 9, 2021, in Tokyo. Asian shares were mixed on Wednesday after China reported a big jump in factory gate prices at a time when inflation is a top investor concern. (AP Photo/Eugene Hoshiko)
Asian shares mixed as China reports jump in inflation

By Elaine Kurtenbach Jun. 08, 2021 02:33 AM EDT

A gantry crane moves containers at a port in Qingdao in eastern China's Shandong province Friday, June 4, 2021. China's exports surged nearly 28% in May while imports jumped 51% as demand rebounded in the U.S. and other markets where the pandemic is waning, though growth is leveling off after a stunning recovery from last year's slump. (Chinatopix via AP) CHINA OUT
Chinese exports jump, gap with US grows as tensions persist

By Elaine Kurtenbach Jun. 07, 2021 12:25 AM EDT

FILE - In this Wednesday, March 24, 2021 file photo, mid-sized pickup trucks and full-size vans are seen in a parking lot outside a General Motors assembly plant where they are produced in Wentzville, Mo. General Motors says efforts to manage the global computer chip shortage have worked better than expected, so it’s financial results will improve over previous forecasts. The company says in a statement Thursday, June 3, it has made engineering changes, prioritized semiconductor use and pulled some potential deliveries into the second quarter. (AP Photo/Jeff Roberson, File)
GM lifts forecast as chip shortage eases, stock hits record

By Tom Krisher Jun. 03, 2021 10:25 AM EDT

Ford pickup trucks built lacking computer chips are shown in parking lot storage in Dearborn, Mich., Tuesday, May 4, 2021. Automakers are cutting production as they grapple with a global shortage of computer chips, and that's making dealers nervous. (AP Photo/Paul Sancya)
Automotive chip maker says it's nearly recovered from blaze

Jun. 01, 2021 11:45 AM EDT

Sen. John Barrasso, R-Wyo., left, chairman of the Senate Republican Conference, and Sen. Todd Young, R-Ind., rush to the chamber for votes ahead of the approaching Memorial Day recess, at the Capitol in Washington, Thursday, May 27, 2021. Senate Republicans are ready to deploy the filibuster to block a commission on the Jan. 6 insurrection, shattering chances for a bipartisan probe of the deadly assault on the U.S. Capitol and reviving pressure to do away with the procedural tactic that critics say has lost its purpose. (AP Photo/J. Scott Applewhite)
Senate R&D bill to counter China shelved by GOP opposition

By Lisa Mascaro May. 28, 2021 01:36 AM EDT