President Trump’s coming tariffs on foreign steel and aluminum imports is the first step in targeting China’s unfair trade practices, according to a senior White House trade official. The next phase in the president’s bid…
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China says no to U.S. trade war, but vows to defend interests
Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less restrictive. “We have noticed that some foreign-funded businesses have complained about China’s investment environment,” Zhong said.…
China allows Xi to remain president indefinitely, tightening his grip on power
BEIJING (Reuters) – China removed presidential term limits from its constitution on Sunday, giving President Xi Jinping the right to remain in office indefinitely, and confirming his status as the country’s most powerful leader since…
China makes historic move to allow Xi Jinping to rule indefinitely
BEIJING — China’s rubber-stamp lawmakers on Sunday passed a historic constitutional amendment abolishing a presidential two-term limit that will enable Xi Jinping to rule indefinitely. The amendment upends a system enacted by former Chinese leader…
Trump’s steel tariffs are nothing compared with the looming war over intellectual property theft with China
US President Donald Trump’s proposed steel tariffs have caused China to warn of trade wars and potential damage to the US economy, but steel tariffs are nothing compared with the coming fight over intellectual property…
Property tax not just aimed at taming home prices in China
China will “prudently advance legislation on real estate tax,” Premier Li Keqiang said on Monday while delivering his annual government work report at the opening of the 2018 two sessions. It is expected that the…
China allows Xi to remain president indefinitely, tightening grip on power
BEIJING (Reuters) – China removed presidential term limits from its constitution on Sunday, giving President Xi Jinping the right to remain in office indefinitely, and confirming his status as the country’s most powerful leader since…
Beijing: ‘No winners’ in any trade war with US
(CNN)There would be no winner in any trade war between China and the United States, but Beijing can handle any challenge, China’s commerce minister said Sunday. “Trade war has no winners, it will only bring…
China makes historic move to allow Xi to rule indefinitely
China’s rubber-stamp lawmakers on Sunday passed a historic constitutional amendment abolishing presidential term limits that will enable President Xi Jinping to rule indefinitely. The National People’s Congress’ nearly 3,000 hand-picked delegates endorsed … ( read…
China allows Xi to remain president indefinitely
BEIJING (Reuters) – China’s largely rubber stamp parliament on Sunday passed a series of constitutional amendments, including one that removes presidential term limits, allowing President Xi Jinping to remain in office indefinitely. The announcement of…
China says trade war with U.S. will only bring disaster to global economy
But the target of Trump’s ire is China, whose capacity expansions have helped add to global surpluses of steel. China has repeatedly vowed to defend its “legitimate rights and interests” if targeted by U.S. trade…
China’s move to end Xi term limits blanketed in censorship
However, a 35-year old IT industry worker surnamed Huang said her friends were concerned about China returning to the Mao era. “I saw on (state broadcaster) CCTV’s evening news that they were saying everyone fully…
Socialism with Chinese characteristics? Beijing’s propaganda explained
(CNN)Few political groups in the world have mastered the art of obfuscating phrases and confusing doublespeak as successfully as the Chinese Communist Party (CPC). From “socialism with Chinese characteristics” to the “One Belt One Road”…