U.S. President Donald Trump looked set on Wednesday to authorize steep tariffs on imported steel and aluminum this week as he stepped up pressure against China to develop a plan to reduce its trade imbalance…
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China hit by floods, landslides and heat as extreme weather takes its toll
Chinese hacker arrested over U.S. COVID-19 cyberattacks and data theft
Nvidia’s Jensen Huang plans Beijing trip ahead of new China AI chip launch
Live updates: Trump says in audio that he threatened to bomb Moscow and Beijing; more tariff rates released
Live updates: Trump told donors he threatened to bomb Moscow and Beijing, audio reveals
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems
Live updates: Trump told donors he threatened to bomb Moscow and Beijing, audio shows
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Trump to push ahead with tariffs, piles pressure on China over trade
Here’s a guide to who said what about technology at China’s Two Sessions
The heads of China’s major hi-tech companies joined thousands of delegates and deputies at the annual parliamentary sessions and meetings of the top political advisory body in Beijing this week, as they shared proposals that…
Pentagon official warns China is an even bigger threat than we thought
China’s technologies — which news.com.au has previously reported on — includes multiple independently targetable re-entry vehicles (MIRV manuevering), mwarheads, decoys, chaff, jamming and thermal shielding. It also includes hypersonic missiles … ( read original story…
Beijing puts foot on accelerator for bank lending
China’s banking regulator has softened rules requiring lenders to set aside provisions against losses on bad loans, to encourage banks to provide more trustworthy assessments of their health. The move suggests that even as regulators…
BRIEF-China Industrial Securities International Financial Group Posts FY Profit Of HK$152.8 Mln
* PROFIT FOR YEAR HK$152.8 MILLION VERSUS HK$ 101.1 MILLION Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles. ( read original story …)
China to approve Foxconn Industrial IPO in Shanghai
SHANGHAI/BEIJING — China’s securities regulator is poised to allow the core subsidiary of Taiwan’s Hon Hai Precision Industry to list in Shanghai, and the watchdog’s quick decision-making has stirred speculation about political motives. The China…
India-China bilateral trade hits historic high of $84.44 billion in 2017
BEIJING: The India-China bilateral trade reached $84.44 billion last year, an historic high notwithstanding bilateral tensions over a host of issues including the Doklam standoff. A rare novelty of the bilateral trade otherwise dominated by…
‘Significant’ consequences if China takes key port in Djibouti: U.S. general
“We hope that the U.S. side can objectively and fairly view China’s development and China-Africa cooperation,” he told a daily news briefing. China has sought to be visible in Africa, including through high-profile investment in…
China bank regulator softens loan-loss provision rules
China’s banking regulator has softened rules requiring lenders to set aside provisions against losses on bad loans, to encourage banks to provide more trustworthy assessments of their health. The move suggests that even as regulators…
Repercussions of Foxconn’s IPO application to A-share market
Is it make or break for the Initial Public Offering (IPO) application by Foxconn Industrial Internet in China’s A-share market? The answer will be known on March 8. If the greenlight is given, it will…
China says financial risks ‘under control’
China’s finance minister has said Beijing is fully confident of its capacity to avoid systemic debt risks. The remark came as international organizations including the IMF kept warning of the country’s ballooning debt. On the…
China reassures that fiscal policy still expansionary despite deficit cut
“I’m clearly telling everyone that the pro-active fiscal policy’s orientation has not changed, although this year’s fiscal deficit ratio declined from the previous year,” Xiao said at a news briefing during China’s annual parliament meetin…
China Executive Blasts Trump’s Latest Tariff Threat: NPC Update
two people familiar with the matter told Bloomberg News. The proposed “CPC leadership system” — approved by the party on Feb. 28 — calls for merging more than a dozen state agencies, are due to…