President Joe Biden could lift certain US tariffs on Chinese imports “shortly,” though any action would have to avoid harming American workers, Commerce Secretary Gina Raimondo said.
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Asia Set for Cautious Open as China Tackles Covid: Markets Wrap
Stocks in Asia look set for a cautious start on Monday amid fresh concerns about the possibility of more growth-sapping Covid curbs in China that could weigh on the global economic outlook.Most Read …
China puts blame on Scott Morrison as Australia seeks to improve relations
China has demanded Australia “seize the current opportunity” and take concrete actions to improve relations between Beijing and Canberra.
Breakfast briefing; China’s economic struggle the global wildcard
China’s CPI rise highest in 23 months but growth fades; Taiwan exports very strong; US jobs expand faster; world food prices stop rising; UST 10yr 3.08%; gold and oil dip; NZ$1 = 61.9 USc; TWI-5…
Joe Biden says action on China import tariffs still being discussed
Biden’s administration has been considering easing some Trump-era tariffs on consumer goods from China for some time amid divisions among his team …
China’s courier sector recovers in June
China’s courier sector accelerated its recovery in June, a monthly industry index shows. The China express delivery development index stood at 289.4 last month, up 7.5 percent month on month, the …
Biden says action on China import tariffs still being discussed
President Joe Biden said his administration is still discussing possible action on US tariffs on Chinese imports, after Commerce Secretary Gina …
Uncertainty dulls prospects for China trade and spending rebounds: analysts
Outlooks for Western economies are declining, lowering forecasts for Chinese exports Consumers in China also becoming more risk averse, analysts say China’s trade and domestic consumption are unlikely …
Biden faces growing pressure to nix Trump’s tariffs on China as inflation keeps raging
One analysis indicated that removing many of the tariffs would yield $797 in savings for households — or just over half a 2021 stimulus check.
Export prices of broken rice to China up from Myanmar’s Muse gate
Export price of broken rice from Myanmar’s Muse gate to China has risen about 9 per cent after the driver substitution rule was eased on May 16, Min Thein, Vice Chair of Muse Rice Wholesale…
U.S. rips China’s Russia support
China’s support for Russia’s war in Ukraine is complicating U.S.-Chinese relations at a time when they are already beset by rifts and enmity over numerous other issues, U.S. Secretary of State Antony …
China offers a first step, but hostilities remain on both sides
While then foreign minister Marise Payne was clumsy in pushing this in a rare TV interview, China’s behaviour has largely quelled complaints by business leaders and Labor premiers that Canberra was …
China’s digital economy grows rapidly in 2021
With a nominal growth of 16.2 percent year on year, China’s digital economy grew rapidly in 2021 to become a leading force in economic development, Xinhua News Agency reported on Saturday, citing …
