Treasury Secretary Janet Yellen is visiting Beijing as part of efforts to revive U.S.-Chinese relations that are at their lowest level in decades due to disputes over technology, security and other irritants.
Monthly Archives For July 2023
Yellen aims to mend US-China ties
US Treasury Secretary Janet Yellen starts meetings on Friday with senior Chinese officials, pledging to seek “healthy competition” despite the ongoing economic confrontation between the US and China over technology export controls and planned outbound…
Yellen expresses ‘concern’ about China’s export curbs on strategic raw materials
Beijing’s newly unveiled export controls on two strategic raw materials critical to the global chipmaking industry are a “concern,” US Treasury Secretary Janet Yellen told a group of executives in …
Yellen says she’s ‘concerned’ about China’s new export controls in her first public remarks in Beijing
Starting Aug. 1, companies in China that want to export two metals used in semiconductor manufacturing would need to apply for licenses.
Beijing’s autos intervention is a necessary evil
Beijing has engineered an unlikely truce in an attempt to end China’s car wars. On Thursday, regulators orchestrated an agreement between Tesla and 15 Chinese rivals to avoid “abnormal pricing”, sealing the deal at a…
China tightens scrutiny of Japanese food, citing safety reasons
China will tighten its scrutiny on food from Japan and maintain curbs on some Japanese imports, the government said on Friday, citing Tokyo’s decision to discharge treated radioactive water from the crippled Fukushima plant into…
The Contentious U.S.-China Relationship, by the Numbers
From movie theaters to military spending, here’s how one of the world’s most important economic relationships stacks up.
Yellen urges China to adopt market reforms, insists U.S. not decoupling
U.S. Treasury Secretary Janet Yellen kicked off a four-day visit to Beijing on Friday by calling for market reforms in the world’s second-largest economy and warning that the United States and its allies will fight…
China to Wrap Ant Probe With $1.1 Billion Fine, Reuters Says
China is likely to announce a fine of more than 8 billion yuan ($1.1 billion) on Ant Group Co. as soon as Friday, Reuters reported, capping years of scrutiny over the erstwhile digital finance leader…
Exclusive: China to end Ant Group’s regulatory revamp with fine of at least $1.1 bln-sources
Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge of the matter said, bringing an end to…
US wants coalition of nations to engage China in curbing synthetic drugs
The U.S. wants other countries to engage China on limiting the flow of synthetic drugs, the State Department’s top official on narcotics said on Thursday, as Washington complains of a lack of co-operation by Beijing…
RPT-COLUMN-China imports more LNG but not enough to drive spot prices: Russell
By Clyde Russell LAUNCESTON, Australia, July 6 (Reuters) – China’s imports of liquefied natural gas (LNG) rose to a five-month high in June but tepid demand in the rest of the top-importing continent has kept…
China’s Wuhan, where COVID-19 was first detected, struggles to shed legacy of pandemic
WUHAN: It has been more than three years since the Chinese city of Wuhan reported the world’s first COVID-19 cases, and underwent the world’s first pandemic lockdown. Now, about half a year after …
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