“China will never trade off its core interests,” Hu wrote. Still, the list was welcomed by a U.S. business group which has lobbied the Trump administration for greater clarity on what it wanted China to…
Monthly Archives For May 2018
China Mobile says 5G networks do not require new SIM cards, increased data usage
The use of 5G networks will not lead to an increase in data consumption, and users won’t be required to replace their existing 4G SIM cards, network operator China Mobile has said. Regulators are expected…
The Latest: Trump says US needs ‘fairness’ on China trade
BEIJING — The Latest on China-U.S. trade talks in Beijing (all times local): 11:30 p.m. President Donald Trump says there’s a need to “bring fairness to trade between the U.S. and China” and his administration…
China Biologic Reports Financial Results for the First Quarter of 2018
–1Q18 Total Sales Up 13.7% YoY and Non-GAAP Adjusted Net Income Up 2.1% YoY in RMB terms, or Total Sales Up 23.0% YoY to $112.5 Million and Net Income Up 5.3% YoY to $31.6 Million…
Trump team demands China slash U.S. trade surplus by $200 billion, cut tariffs
China also offered to reconsider anti-dumping duties on U.S. sorghum, according to the proposal. Xinhua’s statement said there had been exchanges of opinion on intellectual property protections, expanding U.S. exports and bilateral services trade. (…
The main barriers to a US-China trade deal: from US$200 billion deficit cuts to better market access
Immediate and verifiable steps will be taken to cease government-sponsored cyber-enabled intellectual property theft and snooping on confidential information. 3) China will not challenge US restrictions on investments from China in sensitive technology … (…
Trump wants China to cut US trade deficit by $200B by 2020
BEIJING — The Trump administration is demanding that Beijing reduce America’s massive trade deficit with China by $200 billion by the end of 2020,striking an assertive stance in talks aimed at averting a trade war…
Property boom in China border town as world warms to N. Korea
The dramatic diplomatic thaw on the Korean peninsula is sparking an unexpected economic windfall on the Chinese border, where property prices are skyrocketing. The northeastern border city of Dandong — the main artery for China’s…
The Finance 202: Beijing trade talks conclude with no progress. Get ready for a long slog.
Chinese President Xi Jinping is displayed on a big screen as he delivers a speech at the closing session of the annual National People’s Congress in March. (AP Photo/Ng Han Guan) The Trump trade mission…
China denies using lasers on U.S. aircraft in Djibouti after 2 pilots injured
China on Friday denied allegations that its forces targeted U.S. military aircraft with high-powered lasers near China’s military base in Djibouti, resulting in minor injuries to two pilots. Foreign Ministry spokesperson Hua Chunying said China…
No deal: Progress made, but U.S. trade delegation leaves China empty handed
Xinhua News Agency. Chinese proposal: China proposed increasing imports from the United States; asked U.S. to let its government and companies freely buy and use Chinese technology products and services; asked the U.S. to resume…
China Bank income rises in Q1
CHINA BANKING Corp. (China Bank) saw its net profit rise slightly in the first quarter of the year amid growth in its core businesses. In a disclosure to the Philippine Stock Exchange on Friday, the…
U.S. to pitch for higher lending rates at ADB meet as region eyes China
The administration of U.S. President Donald Trump had chided the World Bank’s lending to higher-income countries such as China, saying they should “graduate” to non-concessional loans. “Some of the reform priorities that we pursued at…
