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09-18

June 12, 2018 China Quality News-"Hollowing" of Key Components is Dangerous

June 12, 2018 China Quality News-"Hollowing" of Key Components is Dangerous

Recently, various domestic industries are discussing the issue of import tax reduction, and they have expressed that they feel a kind of pressure. China's auto parts companies have also responded, but most of them feel "no impact". Some analysts believe that the tariff reduction has little impact on domestic parts manufacturers, mainly because most auto parts have been localized, and only a few key parts rely on imports. Domestically produced auto parts are mid-range, and imported auto parts are mainly high-end, which belongs to the competition of different categories.

June 12, 2018 China Quality News-"Hollowing" of Key Components is Dangerous

09-18

On November 13, 2018, Johnson & Johnson was fined $4.69 billion to look at the harm of asbestos.

On November 13, 2018, Johnson & Johnson was fined $4.69 billion to look at the harm of asbestos.

On July 13, 2018, Johnson & Johnson was ordered by the court to pay 22 female plaintiffs $0.55 billion in compensatory damages and $4.14 billion in punitive damages. The reason is simply because the plaintiffs used the talcum powder produced by Johnson & Johnson. They accused Johnson & Johnson of knowing that its products contained asbestos since at least the 1970 s, but did not warn consumers. The total compensation faced by Johnson and Johnson this time is 4.69 billion US dollars, which is the highest compensation so far. Prior to this, Johnson & Johnson encountered thousands of litigation compensation cases. After this case, there are still about 9,000 cases waiting for Johnson & Johnson to respond, many of which are related to Johnson & Johnson's asbestos-containing talc products. Although talcum powder itself is not a definite carcinogen, it may cross-infect (I. e., accompany) the identified carcinogen "asbestos" during the production process. Later, it was true that a small amount of "asbestos" was sampled from several bottles of raw powder produced by Johnson & Johnson.

On November 13, 2018, Johnson & Johnson was fined $4.69 billion to look at the harm of asbestos.

07-14

June 2020 Internal combustion engine industry market economy operation overview.

June 2020 Internal combustion engine industry market economy operation overview.

In June, the terminal market obviously recovered. Driven by the growth of automobile, construction machinery, agricultural machinery and other industries, the sales volume of internal combustion engine continued the growth of the previous two months, and the sales volume of that month increased by more than 10% year-on-year, which reached a new level, and the cumulative decline in sales continued to narrow.

June 2020 Internal combustion engine industry market economy operation overview.

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