Analysts in a Reuters poll had forecast exports would fall 1.5% from a year earlier after a 3.3% drop in May. Imports were estimated to have contracted 10.0%, versus a decline of 16.7% in May.…
Tagged By beijing
The Virus Is Still Sapping China’s $6 Trillion Power to Consume
Three months after China started to emerge from its coronavirus restrictions, its army of shoppers that help power the global economy are still nervous of travel, reticent to spend and forming habits … ( read…
Asia markets fall amid coronavirus fears, China-U.S. friction
Shares fell in Asia on Tuesday as skepticism set in about the recent upward momentum in global markets given rising confirmed coronavirus cases … ( read original story …)
Asian Markets Hit By New Lockdown, Fresh China-US Tensions
Fears over a spike in infections around the world, the reimposition of containment measures and China-US tensions pushed Asian equities lower Tuesday, while oil prices were also hit by speculation top … ( read original…
China says its dollar-denominated exports, imports jumped in June, beating expectations of a decline
Countries have eased lockdowns and that has led to increased shipments of some cargo backlogs previously stuck at Chinese ports. ( read original story …)
EU Preparing Measures Against China Over Hong Kong
BRUSSELS (Reuters) – The European Union (EU) is preparing counter-measures on China in response to Beijing’s new security law on Hong Kong, the bloc’s top diplomat said on Monday, but envoys stressed … ( read…
Dollar grinds higher amid worries about U.S.-China tensions and virus cases
The dollar was marginally higher in narrow ranges against most currencies on Tuesday as renewed concerns about diplomatic tension between the United States and China and rising coronavirus cases put a … ( read original…
Beijing’s Hong Kong office warns pro-democracy poll could violate new security law
HONG KONG (Reuters) – Beijing’s top representative office in Hong Kong has warned the pro-democracy opposition’s primary elections at the weekend could violate a new national security law, … ( read original story …)
China says the latest U.S. move is aggravating tensions in the South China Sea
The U.S. State Department said Monday that “Beijing’s claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them.” … ( read original…
US brands China’s claims in South China Sea as ‘completely unlawful’
Secretary of State Mike Pompeo said Monday that the United States would treat Beijing’s pursuit of resources in the dispute-rife South China Sea … ( read original story …)
U.S. rejects China’s resource claims in South China Sea
The United States on Monday hardened its rejection of China’s disputed claims to offshore resources in most of the South China Sea, calling it “unlawful,” a move that will further sour the … ( read…
Japan accuses China of pushing territorial claims during coronavirus pandemic
Japan’s annual defence review accuses China of pushing its territorial claims amid the coronavirus pandemic and suspects Beijing of spreading propaganda and disinformation as it provides medical aid … ( read original story …)
The Latest: Number in COVID-19 Treatment Only 297 in China
China says the number of people in treatment for COVID-19 in the country has fallen to just 297, with only three new cases of coronarvirus reported, all brought from outside the country. ( read original…