China’s retaliation against the US’ latest round of tariffs by slapping additional duties on US$50 billion worth of US imports has sent global markets jittering, with the US market expected to open its next session…
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Trump’s China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
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China’s retaliation against US tariffs hits global financial markets
Beijing strikes back in trade war with US as Trump accuses China of ‘theft’
China has struck back in its trade dispute with the Trump administration, imposing tariffs on $50bn of US goods. Beijing is targeting 106 US products, including aircraft, cars and soybeans, after Washington imposed its own…
What’s at stake in China-US trade dispute
That followed the release of a U.S. government list of Chinese goods targeted for punitive tariffs in response to complaints Beijing pressures foreign companies to hand over technology. On Monday, China raised duties on $3…
China lists $50B of US goods it might hit with 25 pct tariff
Zhu, the deputy finance minister, expressed thanks to American soybean farmers who he said had lobbied the Trump administration to “safeguard hard-won economic relations between the United States and China.” Story Continues To minimize the…
China State Media Journalist Says on Twitter Beijing to Announce Retaliatory Trade Steps Wednesday
BEIJING — Global Times’s Editor-in-Chief Hu Xijin said on Twitter that China will announce retaliatory steps on Wednesday afternoon, after the U.S. administration unveiled a list of Chinese goods that could face additional U.S. tariffs.…
China’s home prices expected to rise in 2018 on falling inventories: Reuters poll
China aims to pursue “stable and healthy development” of the property market in 2018, protecting the interests of first-time buyers and upgraders while taming speculation, Premier Li Keqiang said in his work report to the…
China vows countermeasures as U.S. issues extensive tariff list
WASHINGTON/BEIJING (Reuters) – China condemned the United States on Wednesday as the Trump administration pushed ahead with plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products, and vowed imminent countermeasures…
China will actively resolve shadow banking risks: central bank
BEIJING (Reuters) – China will actively resolve shadow banking risks and prudently tackle risks associated with financial institutions, the central bank said on Wednesday. China will effectively control the macro leverage ratio and credit risks…
China’s Financial Opening Isn’t Quite What It Seems
Although trade tensions between the U.S. and China show no signs of abating, there are some reasons for cautious optimism. One is that the Americans have finally gotten around to giving the Chinese a concrete…
China, Spotify, Fake News: Your Wednesday Briefing
President Trump made the pledge on his third day of railing about America’s “weak” border laws, stirred by Fox News’s alarmist coverage of a caravan of migrants slowly heading north through Mexico. Our reporters note:…
US-China tariffs represent a ‘slap-fight,’ not a trade war… for now
First, the United States imposed a tax on Chinese steel and aluminum. Then, China counterpunched Monday with tariffs on a host of U.S. products, including apples, pork and ginseng. On Wall Street, the stock market…
US-China trade row a potential blow to the IPO ambitions of Hong Kong and Chinese markets
An escalating US-China trade dispute could be bad news for the initial public share offering ambitions of Hong Kong and mainland Chinese exchanges as companies would be less willing to consider a listing if the…
China cites Deutsche Bank report to dispute US trade deficit numbers
There are several factors which weigh against China in its trade with the US, and the US tends to ignore these, Global Times said. NEW DELHI: Vowing to reduce trade deficit of the US with…