In July 2018, United States electric carmaker Tesla launched its gigafactory in Shanghai. Producing an entire EV on its own, Tesla aims to completely localize its China supply chain.
In June, Powell laid out both a defense of the Fed's gradualist path and a critique of those, including some of his competitors for the Fed job, who argued the central bank had increased the risk of high inflation and other problems.
In January 2018, Ji was placed under investigation by the Communist Party of China Central Commission for Discipline Inspection and the National Supervisory Commission for serious violations of Party discipline and laws. He was expelled from the Party and removed from his administrative post.
In July, however, Japan said unequivocally that it had no plans to deploy members of the SDF to the Middle East, as there had been a lull in attacks on commercial vessels near the Strait of Hormuz.
In July, Tesla announced plans to build its third Gigafactory - the first outside the US - in Shanghai.
In January, Chinese media outlet Caixin reported COSCO Shipping was bidding for OOIL, the seventh largest container shipping company in the world and owner of Hong Kong's biggest container-shipping line. However, the two companies later dismissed merger rumors.
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In February 2014, China's top legislature designated Dec 13 as a national memorial day for the victims of the Nanjing Massacre.
In January, Microsoft announced that it intends be carbon negative by 2030, removing more carbon from the environment than it emits each year, and said it plans to remove enough carbon by 2050 to make up for all of its emissions and electrical consumption since its founding 45 years ago.
In February, UK Prime Minister Theresa May said the government will target the nation’s “throwaway culture” and eliminate single-use plastics by 2042.
In June last year, the company won a bid to build a high-speed transport connection from Chicago's O'Hare airport to the city's downtown area.