China has underestimated President Donald Trump’s resolve to press ahead with tariffs unless Beijing changes its “predatory” trade practices, a top U.S. trade adviser said on Tuesday, in comments that undercut the chances of a…
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Soybeans are tumbling as Trump ratchets up trade fight with Beijing
Soybeans were down more than 2% Tuesday. China promised to retaliate if the Trump administration imposed additional tariffs on the country. Follow soybeans in real time here. Soybeans tumbled Tuesday after President Donald Trump threatened…
China blasts new U.S. tariff threat, warns it will retaliate
BEIJING — China on Tuesday threatened “comprehensive measures” in response to U.S. President Donald Trump’s new tariff hike, raising the possibility Beijing might target operations of American companies. Trump’s announcement fueled fears that economic ……
China accuses U.S. of ‘blackmailing’ as Trump targets $200B in tariffs
It was retaliation, he said, for China’s decision to raise tariffs on $50 billion in U.S. goods, which came after Trump announced similar tariffs on Chinese goods on Friday. “After the legal process is complete,…
Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
The delay was triggered by a dispute between the company and regulators over the valuation of its China depositary receipts (CDRs), sources said, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back…
China slams U.S. ‘blackmailing’ as Trump issues new trade threat
“The United States has initiated a trade war and violated market regulations, and is harming the interests of not just the people of China and the U.S., but of the world.” U.S. business groups said…
North Korea’s Kim visits Beijing, as South Korea, U.S. halt military drill
North Korean leader Kim Jong-un arrived in Beijing on Tuesday, where he will likely brief Chinese President Xi Jinping on his summit with U.S. President Donald Trump last week, as Washington and Seoul agreed to…
Trump threatens China with new tariffs on $200B in goods
The news sent global stock markets lower and pulled down both the dollar and the Chinese yuan in the offshore market. China’s commerce ministry said Beijing will fight back firmly with “qualitative” and “quantitative” measures…
China’s Xiaomi pulls mainland CDR offering until after HK IPO
SHANGHAI/HONG KONG (Reuters) – Chinese smartphone marker Xiaomi will postpone its application for a mainland share offering until after it completes a separate listing in Hong Kong, the firm said on Tuesday, casting a pall…
China says North Korean leader Kim Jong Un to visit Beijing
BEIJING — Chinese state media say North Korean leader Kim Jong Un will make a two-day state visit starting Tuesday. Kim’s trip follows his groundbreaking summit with President Donald Trump in Singapore last week that…
Trump threatens China with $200B in new tariffs
He said the move would be in retaliation for China’s decision to raise tariffs on $50 billion in U.S. goods. “After the legal process is complete, these tariffs will go into effect if China refuses…
As Trump Escalates Trade Fight, China Can Take the Hit
China could retaliate with its own tariffs on the United States’ far smaller exports in the other direction across the Pacific. Plus, it could impose punitive measures against American companies doing business here. Any measures…
Beijing subway to get ‘bio-ID’ tracking systems: China Daily
SHANGHAI (Reuters) – The Chinese capital, Beijing, is looking at introducing “bio-recognition technology”, including palm scanners and facial recognition cameras, to speed up passenger flow through subway stations at peak times, state media reported on…
