Tag: China

• Saturday, November 3rd 2018 - 08:01 UTC

  Booming US economy sees September trade deficit reach it highest in seven months

  

  A hungry American economy powered by a strong U.S. dollar saw record imports in September, driving the U.S. trade deficit to its highest level in seven months, the government reported on Friday.

• Friday, November 2nd 2018 - 08:51 UTC

  US justice indicts Chinese individuals and companies for stealing US companies trade secrets

  

  US justice department has indicted three individuals and two companies based in China and Taiwan for allegedly stealing a US company's trade secrets. This is the fourth economic espionage case the department has brought against Chinese-based companies and individuals since September.

• Friday, November 2nd 2018 - 07:37 UTC

  US/China trade talks “moving along nicely”; Trump and Xi plan to meet at G20 in Argentina

  

  U.S. President Donald Trump and Chinese President Xi Jinping both expressed optimism on Thursday about resolving their bitter trade disputes ahead of a high-stakes meeting planned for the two leaders at the end of November in Argentina.

• Wednesday, October 31st 2018 - 08:52 UTC

  Beijing concerned a weaker Yuan could further trigger trade war with the U.S.

  

  The Chinese Yuan weakened to a decade low on Tuesday on concerns over China's slowing economy and the US trade war, but Beijing was expected to prevent it breaking the psychologically important 7 Yuan per dollar barrier. The Yuan drifted past 6.96 to the dollar, hitting its weakest levels since May 2008.

• Wednesday, October 24th 2018 - 08:55 UTC

  Trump-Xi summit in Buenos Aires next month announced the White House

  

  President Trump and his Chinese counterpart Xi Jinping will meet at the G-20 summit in Argentina next month, the White House announced on Tuesday, amid an escalating trade war between the world’s two largest economies. The G-20 Summit, comprising top 20 economies of the world, including India, is scheduled to take place in Buenos Aires in Argentine on November 30 and December 1.

• Saturday, October 20th 2018 - 08:33 UTC

  China's growth cools to its weakest since the global financial crisis

  

  China's economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to tackle debt risks and the trade war with the United States began to bite.

• Friday, October 19th 2018 - 09:15 UTC

  Human rights violations and environmental disasters: What leaves the Chinese investment in Latin America

  

  Chinese companies present a pattern of violations of human and environmental rights in Latin America, according to a report revealed by the International Federation of Human Rights (FIDH).

• Thursday, October 18th 2018 - 08:31 UTC

  Beware of Chinese manufactured vaccines: this time human rabies

  

  A Chinese vaccination firm has been fined US$ 1.3bn after it was found to have illegally produced the human rabies vaccine. Changchun Changsheng had blended different batches of vaccine fluid and used expired fluid to produce some of the batches, according to state news agency Xinhua.

• Thursday, October 18th 2018 - 08:24 UTC

  Despite grumblings, US refrains from labeling China a “currency manipulator”

  

  United States has refrained from labeling China a “currency manipulator” in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.

• Thursday, October 18th 2018 - 08:12 UTC

  US targets China on international rates for parcels sent by post service

  

  The United States has announced plans to withdraw from a 144-year-old postal treaty, which the White House says lets China ship goods at unfairly low prices. The United Nations treaty sets lower international rates for packages from certain countries, a move originally designed to support poorer nations.