U.S. stock indexes fell more than one per cent on Thursday, as investors sold off technology, industrials and energy stocks on fears that a spiraling trade war between the United States and China … (…
Monthly Archives For May 2019
Retailers depend on China and don’t ‘have anywhere else to go’: Analyst
“Made in China” is no exaggeration. The U.S. sneaker market is valued at $21.2 billion, according to Cowen Equity Research, and, with sneaker brands manufacturing roughly 90% of their goods in China, … ( read…
U.S. brands are losing ground in China, but don’t blame Trump
Yang Jian is managing editor of Automotive News China and covers China for Automotive News. SHANGHAI — The Trump administration slapped punitive tariffs on a broad range of Chinese goods in July 2018, … (…
Trump says nobody can estimate how much intellectual property China steals, before estimating himself
Speaking at the White House Thursday, U.S. President Donald Trump said nobody could estimate the dollar value of the intellectual property stolen by China, before estimating himself that it was $ … ( read original…
China capable of keeping RMB exchange rate stable: central bank
BEIJING, May 23 (Xinhua) — A senior central bank official on Thursday reiterated that China is “capable and confident” of keeping the renminbi exchange rate generally stable on a reasonable and … ( read original…
Trump pledges $16B for farmers hurt by China trade war
Financial markets buckled Thursday on heightened tensions between the U.S. and China. The Dow Jones industrial average fell 286 points, or 1 per cent, to 25,490. It had been down 448 points … ( read…
Contrarians: A Severely Undervalued “China Stock” That Could Make You Rich
You see, Jamieson is still a top foreign brand in China. And although a preference for Chinese-made vitamins, minerals, and supplements may prevail in these trade-war-ridden times, hurting Jamieson’s … ( read original story …)
Senior U.S. senator urges Canada to protest China’s abuse of Uyghur minority
U.S. Democratic Senator Mark Warner says Western countries, including Canada, must speak out more forcefully against China’s crackdown on its Muslim Uyghur minority and use of “bone-chilling” … ( read original story …)
China’s Supply of Minerals for iPhones and Missiles Could Be a Risky Trade Weapon
Three Japanese companies dominate the business of turning rare earths into magnets. The three — Hitachi, TDK Corporation and the Shin-Etsu Group — have built large magnet factories in China but have … ( read…
China says door open to trade talks, but slams tech controls
A spokesman for China’s Commerce Ministry said Washington was “using American national power to suppress Chinese companies.” This “not only seriously disrupts regular business co-operation between the … ( read original story …)
China’s Xi Jinping tells his country to get ready for hard times in trade war
Google suspends some business with Huawei, restricts access to Android updates U.S. temporarily eases restrictions on Huawei — but founder says it means little China must master more core technologies … ( read original story…
China responsible for surge in ozone-depleting emissions, study suggests
China is to blame for much of the increase in illegal ozone-depleting substances (ODS) since 2013, according a study published by the journal Nature on Thursday, with domestic companies accused of … ( read original…
China Urges U.S. to Fix ‘Wrong Practices’ to Resume Trade Talks
China blamed Washington for wrecking trade talks and insisted the U.S. must alter its “wrong practices” before negotiations can resume, leaving the next move to President Donald Trump as financial … ( read original story…