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’s Xi promises to cut auto import tariff, warns against ‘Cold War’ mentality
“We will take the initiative to expand imports,” Xi said during his keynote speech at the opening of the Boao Forum for Asia, China Plus News reported. “China does not seek trade surplus; we have…
Revealed: Atlanta remains the world’s busiest airport with Beijing and Dubai second and third – and London Heathrow seventh
Atlanta’s Hartsfield-Jackson airport was the busiest in the world in 2017, new figures have revealed. The US-hub saw off competition from Beijing and Dubai to retain the title after almost 104million passengers passed through last…
Celebrate Spring In Beijing By Reviving Your Mind, Body And Soul
Given its harsh winters and muggy summers, Beijing shows best in the spring. It’s a time when blossoms return to trees and locals ditch the heavy mittens and blankets attached to their scooters. In fact,…
China blames U.S for trade frictions, says negotiations currently impossible
China is evaluating the potential impact of a gradual yuan depreciation as a tool in the trade dispute, Bloomberg News reported on Monday, citing people familiar with the matter, though it said the analysis doesn’t…
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