China’s ambassador says his country firmly rejects Canada’s attempts to entrench labour standards in a free trade pact. Envoy Lu Shaye says Canada’s so-called progressive trade agenda has no place in a free trade agreement.…
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Stock markets rise as China extends olive branch to U.S. in trade dispute
“China’s door of opening up will not be closed and will only open wider.” Xi said Beijing plans to ease restrictions on foreign ownership in the auto industry “as soon as possible” and he also…
In US-China tariff fight, German autos are unlikely victims
DETROIT — At the edge of the Blue Ridge Mountains sits a sprawling factory that has become an unlikely victim in the escalating trade fight between the U.S. and China. The plant near Spartanburg, South…
China extends olive branch to U.S. in escalating trade war
Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars, in a speech seen as conciliatory amid rising trade tensions between China and the…
After China’s massive drill, U.S. patrols disputed South China Sea
ABOARD THE USS THEODORE ROOSEVELT, South China Sea (Reuters) – In a span of 20 minutes, 20 F-18 fighter jets took off and landed on the USS Theodore Roosevelt aircraft carrier, in a powerful display…
Xi Says China To Lower Trade Barriers As Beijing Files WTO Complaint Against U.S.
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…
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…
