The biggest US technology companies are re-examining their supply chains to identify Chinese groups that may be targeted in the escalating trade war between China and the US. Executives at several … ( read original…
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How markets are reacting to the US-China trade war
The financial markets have become extremely focused on the twists and turns in the tariff negotiations involving the US and China and, more recently, on the likelihood of a technology war centred … ( read…
China tells Canada of ‘consequences’ of helping U.S. with Huawei case
Chinese authorities detained Spavor, a businessman, and former diplomat Kovrig on Dec. 10, shortly after Canada arrested China-based Huawei’s Chief Financial Officer, Meng Wanzhou, on a U.S. warrant. … ( read original story …)
China says U.S. can’t use pressure to force trade deal
BEIJING (Reuters) – The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said on Sunday, refusing to be drawn on whether the leaders of…
China Says It Doesn’t Want to Replace U.S. as ‘Boss of World’
(Bloomberg) — China doesn’t seek to surpass the U.S. as the globe’s dominant power but is prepared to “fight to the end” if needed, Defense Minister Wei Fenghe said, as trade friction grows between ……
China blames US for trade war, says ‘nothing is agreed until everything is agreed’
China on Sunday blamed the United States for the trade war, vowing it would not back down and accused Washington of being an untrustworthy negotiator as tensions continue to escalate between the … ( read…
Banking system liquidity ample after Baoshang Bank takeover: Chinese central bank
SHANGHAI (Reuters) – China’s central bank said on Sunday that liquidity in the banking system is reasonably ample, and that it would use various monetary policy tools including medium-term facility … ( read original story…
China central bank urges calm after Baoshang takeover
SHANGHAI (Reuters) – China’s central bank sought to calm investors on Sunday after last month’s takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not planning any more such moves … ( read original story…
China says war with US would bring disaster to world as tensions mount
“Due to this, China has enjoyed stability, and if you visit China you can understand that part of history.” On the ongoing trade war, which has shaken financial markets around the world, Wei said ……
China blames US for trade dispute, ‘unacceptable demands’
BEIJING — China issued a report Sunday blaming the United States for a trade dispute and said it won’t back down on “major issues of principle,” but offered no clarification about what additional … (…
China Targets FedEx in ‘Warning’ to U.S.
(Bloomberg) — China targeted FedEx Corp. in its escalating trade war with the U.S., giving a hint of which foreign companies it may blacklist as “unreliable.” With Chinese officials due to announce … ( read…
China investigates FedEx for Huawei cargo error
BEIJING — China is investigating FedEx after it diverted packages sent by Chinese tech giant Huawei, state media reported Saturday. The missed deliveries drew unusual attention because of speculation … ( read original story …)
China to investigate whether FedEx harmed client interests: Xinhua
BEIJING (Reuters) – China will open an investigation into whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency reported on Saturday. The U.S. … ( read original…
