Mitt Romney and Bain Capital purchased a factory in China that took on the demand from outsourcing from other US companies. So they profited by increasing profits from companies they owned by shipping jobs overseas and they profited from other companies shipping jobs overseas by doing the work that used to be done in cities and towns across America.
Sheldon Adelson, the largest foreign investor in China, has invested tens of millions of dollars in influencing the 2012 election and has vowed to spend $100 million to put his thumb on the scale for Mitt Romney in November.
Des Plaines Mayor Marty Moylan has a suggestion for the next Olympics in 2014 –have Hart, Schaffner & Marx make those uniforms at its Des Plaines factory.
The U.S. Olympic athletes are made in America, but their uniforms are made in China. The revelation sparked controversy Thursday that brought angry reaction from the highest levels of government in the U.S.
What is to stop a foreign country from funneling money through US businesses or political donors into Super PACs to buy US elections?
There’s really no good way to set up a Tracy McGrady Chinese beer commercial.
New CTA ‘L’ cars that have been shelved since December will not be back on-line until June, as important repairs must be made first.
Library officials have selected “Gold Boy, Emerald Girl,” a collection of short stories by Chinese author Yiyun Li for this spring’s “One Book, One Chicago” citywide book club.
Members of Chicago’s Korean community protested Thursday morning, after the Chinese government decided to repatriate about 30 defectors from North Korea.
Michael Jordan has filed a lawsuit in China against a Chinese sportswear company, accusing them of unauthorised use of his name.
It’s been no holiday for drivers trying to fill up at the pump. Gas prices continue to rise. As of Monday, the average price for a gallon of regular unleaded gasoline in Chicago was $3.51, up 9 cents from a week ago.
Some toys imported from China won’t make it under Chicago area Christmas trees, after Customs and Border Patrol officers found they were full of lead and other toxic chemicals.
Over the last decade, the American manufacturing industry has lost 6 million jobs, many of them to China. But the tide could be turning; some of those jobs are coming back.
Gov. Pat Quinn is leaving for China on Friday, in hopes of bolstering the state’s economic relationship with the country.
One of China’s most important exports isn’t steel, clothing, or electronics – it’s students. Chinese students are flooding United States graduate schools.
Federal customs agents working at O’Hare recently stopped the importation of an insect classified as one of the top 100 most feared pests in the world.
The Cook County Sheriff’s office has seized dozens of fake IDs made in China destined for young people on the north side of Chicago and in the northern suburbs.
Mayor Richard Daley’s long-standing relationship with China won’t end when he steps down in May, now that he’s been named to a presidential commission that seeks to bolster U.S. ties with the emerging superpower.
Mayor Richard M. Daley said Wednesday that finding investors for a high-speed train from the Loop to O’Hare International Airport is a top priority of his two-week trade mission to China, now underway.
Mayor Richard M. Daley leaves for China tomorrow, for a two-week trip with civic and business leaders to drum up more investment in Chicago.