China’s President Xi Jinping says his country will “significantly lower” import tariffs on automobiles as part of a broader move to open up its economy amid a major trade dispute with the U.S. In a…
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Trump complains about ‘stupid trade’ with China
“This is a problem caused by China, not a problem caused by President Trump,” Kudlow said on “Fox News Sunday.” But he also downplayed the tariff threat as “part of the process,” suggesting on CNN…
China says hiked U.S. duties violate international trade rules
China is filing a complaint with the World Trade Organization against U.S. tariffs on steel, aluminum products. The Geneva-based trade body said Tuesday that China has requested 60 days of consultations with the United States…
China’s Xi renews pledges to open economy, cut tariffs this year
Xi also said China would speed up opening up of its insurance industry, with Shanghai Securities News citing a government researcher after the speech saying foreign investors should be able to hold a controlling stake…
Vanuatu and China deny holding military base talks
In Beijing, China’s defense ministry said the Fairfax report “completely did not accord with the facts”, while a foreign ministry spokesman described it as “fake news”. Fairfax said Chinese naval ships would dock to be…
China state media say 4 popular news apps suspended
BEIJING — Four popular Chinese news apps have been temporarily removed from the Android store in China following an order from regulators to tighten control over the spread of information, state media reported Monday. Toutiao,…
Ford to launch five new, redesigned car models in China in 2018
BEIJING (Reuters) – Ford Motor Co , struggling to revive sales in China, on Tuesday unveiled five new models for the world’s biggest auto market, part of a business revitalization effort centered around a plan…
Stocks rally as Xi calms jitters over U.S.-China trade row
Toyota Motor Corp (Tokyo:7203.T – News) and Honda Motor Co (Tokyo:7267.T – News), which have operations in China, rallied 1.9 percent and 2.1 percent, respectively. “By and large it appears that the speech is more…
China stocks have best day in 7 weeks as Xi’s speech eases trade war fears
Xi also said China would speed up opening up of its insurance industry, with Shanghai Securities News citing a government researcher after the speech saying foreign investors should be able to hold a controlling stake…
China demands halt of U.S. arms sales to Taiwan
BEIJING (Reuters) – China said on Monday that it opposed the United States selling weapons to Taiwan, after the Trump administration approved the marketing license required for American manufacturers to sell technology to Taiwan that…
‘QVC on steroids’: China sees the rise of web video commerce
Now, as the technology matures, the third-party selling format in China that’s been rattled by government regulations and looked down upon by brands is seeing a rebirth. Through these livestream shopping shows, China’s gray market…
Top 10 developments in China for brand owners
This alert covers issues such as increasing political sensitivity, an increasingly tough online environment, an increase in the number of trademark fillings made in China, the new Chinese anti-unfair competition law, a more stringent examination…
China looks to yuan devaluation as a tool in trade war with Donald Trump
While a weaker yuan could help President Xi Jinping shore up China’s export industries in the event of widespread tariffs in the US, a devaluation comes with plenty of risks. It would encourage Trump to…
