Tension between Washington and Beijing has risen after a major setback in negotiations last week when China revised a draft deal and weakened commitments to meet U.S. demands for trade reform. … ( read original…
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Recent Posts
First day of U.S.-China trade talks end; Trump’s tariff hike set to take effect
Op-Ed: China’s bond defaults looking grim
This is a far less regulated banking system, which China has been trying to bring under control with varying levels of success. The shadow banking system lends vast amounts of money, and China has ……
What’s the U.S.-China trade war all about?
Another major beef the Americans have with China is over so-called forced technology transfer policies. The rules dictate that foreign companies looking to enter the Chinese marketplace must share … ( read original story …)
North American stocks drift as U.S.-China trade war escalation looms
TORONTO – North American markets drifted up and down again Thursday with every presidential tweet and comment ahead of a possible escalation in the U.S.-China trade war. Markets have been volatile all … ( read…
Burned before, US pushes for way to enforce China trade deal
Business groups, disappointed that China didn’t fully open up to foreign competition after joining the World Trade Organization in 2001, are pressuring the administration to hold out for a deal that … ( read original…
US international business council seeks to defuse trade tensions
Nobody wins in an escalation of the US-China trade standoff, the United States Council for International Business (USCIB) said on Wednesday, as the world’s top two economies are locked in a fresh bout … (…
Rebecca Grant: Game over for China as Trump lays down new trade rules
Mnuchin told Fox Business the deal was “close to done.” Then China dug back into the 150-page document and started making changes. Out went agreements by China to clean up their act on intellectual ……
Canadian trade delegation presses U.S. on Huawei, China dispute: ‘We’re taking a hit for them, big time’
Eyking, who led a delegation of members of the international trade committee, spoke with Global News about his visit … Canadian businesses brace for China’s next move Eyking, who is also … ( read original…
China-U.S. trade worries weigh on stock markets again
LONDON — Global stock markets remained under pressure Thursday after China’s Commerce Ministry said Beijing would retaliate if the U.S. follows through with a plan to raise tariffs on Chinese imports … ( read original…
Trump rattles saber at China ahead of make-or-break trade talks
“We hope the U.S. can meet China halfway, take care of each others’ concerns, and resolve existing problems through cooperation and consultations,” he told a news briefing. “The U.S. side … ( read original story…
FCC rejects China Mobile’s bid to provide phone service in U.S.
Commissioner Brendan Carr, a Republican, said the FCC should investigate whether other Chinese carriers that had been given permission to operate in the U.S. years ago, China Unicom and China Telecom, … ( read original…
Hong Kong issues four more virtual bank licences to spur innovation and disrupt bricks-and-mortar financial services
Hong Kong’s monetary authority has issued four virtual banking licences to applicants affiliated with a trio of China’s largest technology companies as well as the city’s stock exchange, in a move to … ( read…
China Beige Book CEO on US trade war: ‘The Chinese decided to get greedy’
China Beige Book CEO Leland Miller blames China for derailing negotations last week. “Substantively we are very close [to a deal.] We’re almost there,” Miller told Yahoo Finance’s “The Ticker” on … ( read original…
