BEIJING (Reuters) – China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies Co Ltd was lying about … ( read original…
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China denounces U.S. ‘rumors’ about Huawei ties to Beijing
China aluminum magnate Zhang Shiping dies aged 73
BEIJING (Reuters) – Zhang Shiping, who oversaw the rise of China Hongqiao Group into the world’s biggest aluminum producer, died on Thursday at the age of 73, the company said. Zhang … ( read original…
Trump says Huawei dispute could be resolved in trade deal with China
Washington last week effectively banned U.S. firms from doing business with Huawei … Trump predicted a swift end to the trade war with China, although no high-level talks have been scheduled between … ( read…
Apple’s Earnings Risks Due To China Tensions Are Severe
Social media outrage has intensified in China and now targets Apple by name. Companies have started to inform employees not to use US brands. Chinese consumer sentiment could irreversibly change … ( read original story…
Canada-China relations hit ‘rock bottom’ and at ‘freezing point’: Chinese envoy
OTTAWA — China’s ambassador to Canada says the bilateral relationship is now at “rock bottom” compared to any time since diplomatic ties were first established decades ago. In prepared text for a … ( read…
Stocks tumble amid worries of a U.S.-China tech war
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 … (…
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 …)