The news knocked the dollar sharply lower and bolstered the price of gold . The Treasury Department said a statement from the People’s Bank of China (PBOC) on Monday made clear that Chinese … (…
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China Signals No Surrender to Trump’s Latest Tariff Threat
China wasted very little time in signaling on Monday that President … For even more: Subscribe to Bloomberg All Access for full global news coverage and two in-depth daily newsletters, The Bloomberg … ( read…
China just let its currency fall to an 11-year low — a sign Beijing is ready fight back in Trump’s trade war
China’s central bank on Monday let the yuan tumble beyond the key 7-per-dollar level for the first time in more than a decade, citing the trade war as the reason for devaluing the currency. It’s…
China media warns Beijing won’t ‘sit idly by’ and let Hong Kong protests continue
Thousands of protesters took to Hong Kong’s streets on Sunday, a day after violent clashes between anti-government protesters and police, and as China’s official news agency warned Beijing will not … ( read original story…
Reports of a secret base deal are raising fears that Beijing is boxing in the South China Sea
Reports of a deal between China and Cambodia over a naval base have stoked concerns about Beijing’s ambitions in the South China Sea and Indian Ocean. … ( read original story …)
Trump says he wants a new nuclear weapons pact with Russia and China
U.S. President Donald Trump said Friday that he would like a new nuclear weapons pact that includes Russia and China, the same day that the U.S. withdrew from a Cold War-era nuclear pact with Russia.…
US China trade war: Beijing has ‘few good options’ to hit back against new tariffs
Beijing said it was ready for a fight. Load Error “China will have to take necessary counter-measures,” a spokesperson for China’s Ministry of Commerce said in a statement, adding that “all the … ( read…
Beijing Says Progress on China-Australia Ties ‘Unsatisfactory’
BEIJING — The progress of repairing China-Australia ties, strained over Canberra’s concerns about Chinese influence in its domestic affairs, has been “unsatisfactory,” said China’s top diplomat after … ( read original story …)
China Turns Back to Brazilian Beans After Trade War Escalation
we’ll see renewed speculation on the possibility of Brazil importing soybeans for local supplies to free its own production to export to China.” –With assistance from Michael Hirtzer and Dominic … ( read original story…
China wants trade talks with U.S., but also ready for a fight
China’s new UN ambassador says Beijing is ready to talk to the Trump administration about their escalating trade war but “if they want to fight we will fight” — not just for China but for…
Levi’s slims down China supply chain exposure as trade war rages on
However, China still is a big supplier to the industry … Following the latest tariff news, several large retail trade groups warned the levied tariffs will hurt consumer purchases, raise prices … ( read original…
U.S. ‘fanning flames’ of Hong Kong protests: Top China envoy
“It must be pointed out that the U.S. and some other Western governments …. are constantly fanning the flames of the situation in Hong Kong,” Yang was quoted as saying by the official Xinhua News…
Civil servants join Hong Kong protests as Beijing accuses US
Hong Kong civil servants joined in anti-government street protests Friday as China’s top diplomat accused the U.S. and other Western nations of “fanning the flames” of the demonstrations he said aim … ( read original…
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