However, the Hamilton County community will maintain its long-term sister-city relationship with a Chinese city.
Banks calls on Carmel to withdraw from Chinese sister-city agreement
The rebuke from U.S. Rep. Jim Banks came after a Washington Post report that former Carmel Mayor Jim Brainard had traveled to China before he left office last year. Banks warned that sister-city agreements can unduly influence U.S. cities to support problematic Chinese policies.Read More
Holcomb to make 15th international business-development trip
Indiana Gov. Eric Holcomb and Indiana Secretary of Commerce Brad Chambers plan make their third economic development trip to Europe in just over a year, his office announced Thursday.Read More
SpectronRx teams with Belgian research center to make cancer therapies in Europe
The Indianapolis-based radiopharmaceutical company said it plans to help open a facility in Belgium to make therapeutic agents for cancer patients.Read More
Chinese officials are seizing on opportunities to forge ties with mayors and other local American leaders, the kinds of connections that give Beijing leverage against an increasingly hostile government in Washington.
Plans outlined by the departments of Treasury and Energy would limit electric vehicle buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States.
Indianapolis-based Andretti Global and partner Cadillac must still prove their commercial value to F1 rights holder Liberty Media and the existing teams, which vehemently oppose expanding the 20-car grid.
It’s the last regulatory hurdle before the Commerce Department hands out more than $100 billion worth of federal aid intended to boost domestic chipmaking while containing China’s technological advancement.
The trip will mark Gov. Eric Holcomb’s third visit to Japan and 16th international trip as Indiana governor.
Senior administration officials said the effort stemmed from national security goals rather than economic interests, and that the categories it covered were intentionally narrow in scope.
The news comes less than a month after South Korea-based Samsung SDI chose Indiana for the location of a projected $3 billion electric vehicle battery cell plant.
U.S. Transportation Secretary Pete Buttigieg said he didn’t want the U.S. to be in a situation in which it was dependent on any one country for the resources that are needed for electric vehicles.
The social media company that owns Facebook might have to carry out a costly and complex revamp of its operations if it’s ultimately forced to stop the transfers.
In June, Slovakian startup InoBat announced it was partnering with New York City-based Ideanomics to build the research, development and manufacturing facility. But Ideanomics now says it’s not sure it will be in business in a year.
International Monetary Fund chief Kristalina Georgieva said the period of slower economic activity will be prolonged, with the next five years of growth remaining around 3%
A nearly six-hour grilling of TikTok’s CEO by lawmakers brought the platform’s 150 million U.S. users no closer to an answer as to whether the app will be wiped from their devices.
Employees at the world’s biggest Apple iPhone factory were beaten and detained in protests over pay amid anti-virus controls, according to witnesses and videos on social media Wednesday, as tensions mount over Chinese efforts to combat a renewed rise in infections.
Apple Inc. is warning customers they’ll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor’s factory in central China.
Gov. Eric Holcomb and other state officials plan to join global leaders next week at the United Nations Climate Change Conference in Egypt, marking the first time an Indiana governor has attended the summit.
The World Trade Organization is predicting global trade volumes will grow a lackluster 1% next year as challenges weigh on markets, including high energy prices, rising interest rates and uncertainties about Chinese manufacturing output amid the lingering COVID-19 pandemic.
The Indiana governor will lead a nine-person delegation to Germany and Switzerland next week. It will mark his 13th international trip for economic development opportunities.