That “is a very serious issue and can’t be changed easily.” The amount of purchases by China should be “in line with reality,” according to a commentary by state news agency Xinhua on Saturday. China…
Monthly Archives For May 2019
China, U.S. agree to hold more trade talks in Beijing – Liu He
Vice Premier Liu He said China and the United States have agreed to hold more trade talks in Beijing, but said there were “issues of principle” on which China would not back down. ( read…
Escalating U.S.-China trade spat to hit Canadian business confidence, wallop global economy
Canadian business confidence will take the hardest hit from the rapidly escalating U.S.-China trade war, as Beijing and Washington prepare to exchange tit for tat tariffs at levels not seen since … ( read original…
The Latest: Trump administration ups tariff talk on China
The U.S. just after midnight Friday raised tariffs on $200 billion of Chinese imports to 25% from 10%. Hours later, an 11th round of U.S.-China talks ended without an agreement. The tax hike brings to…
U.S. Gives China a Month for Trade Deal as Talks Deadlocked
In a commentary published Saturday, Xinhua news agency said the two sides differ on whether or not all tariffs should be removed as part of an agreement. The second sticking point is on the amount…
china tarriffs
Trump has minimized the worth of China’s purchases of U.S. goods and services, misstated the trade deficit and ignored the inevitable rise in many costs to consumers when imports are heavily taxed. ( read original…
China state media says three main differences remain in US trade talks
Three main differences remain in the China-US trade talks, including the removal of all … Advertising The ruling Communist Party’s official People’s Daily and the official Xinhua news agency said … ( read original story…
US-China relations near new low amid trade battle
Those allegations are at the heart of the yearlong trade dispute that has rattled financial markets and cast a cloud over the prospects for world economic growth. Story continues In the ongoing trade … (…
Chinese brands set to move up the value chain
Performers demonstrate how a traditional Chinese dress shop runs during an event of the third China Brand Day in Shanghai. GAO ERQIANG/CHINA DAILY More efforts should be made in the globalization of … ( read…
U.S.-China talks break up after U.S. raises tariffs
“China deeply regrets that it will have to take necessary countermeasures,” a Commerce Ministry statement said. U.S. business groups appealed for a settlement that will resolve chronic complaints … ( read original story …)
Former Interpol president indicted on bribery charges in China
The announcement from the prosecutor’s office in the northeastern city of Tianjin said Mr. Meng had abused his positions, including as a vice-minister of public security and head of the maritime … ( read original…
China, U.S. to hold more trade talks as Trump ratchets up tariff threat
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trade chief to … ( read…
China’s Car Slump Drags On as Consumers Wait for Incentives
Global Brands Big global manufacturers that have an established brand following and more buyers in China’s cities have thus far fared better than smaller local contenders. Customers for cheaper … ( read original story …)
