Tag: China

• Tuesday, September 18th 2018 - 08:58 UTC

  Trump escalates the trade war with China imposing 10% tariffs on US$ 200bn imports

  

  United States president Donald Trump escalated his trade war with Beijing, imposing 10% tariffs on about US$ 200 billion worth of imports in a move one senior Chinese regulator said “poisoned” the atmosphere for negotiations.

• Saturday, September 15th 2018 - 08:42 UTC

  Trump ready to move with a next round of tariffs on Chinese goods

  

  United States President Donald Trump has instructed staff to move forward with the next round of tariffs on Chinese goods, US media have reported. The tariffs are expected to apply to about US$ 200bn worth of imports from China, including electronic parts and consumer goods such as handbags.

• Friday, September 14th 2018 - 08:50 UTC

  Maduro in China after more financial support to prop Venezuela's collapsing economy and oil output

  

  Venezuelan President Nicolas Maduro is travelling to China to discuss economic agreements, as the crisis-struck OPEC nation seeks to convince its key Asian financier to disburse fresh loans.

• Friday, September 14th 2018 - 08:42 UTC

  US comes out strongly in support of Taipei in its influence policy dispute with Beijing

  

  The State Department announced last week that it would temporarily recall U.S. ambassadors to the Dominican Republic, El Salvador and Panama for consultations in Washington. The meetings will focus on recent decisions by Latin American countries to no longer recognize Taiwan and ways the U.S. can “support strong. independent, democratic institutions and economies throughout Central America and the Caribbean”

• Friday, September 14th 2018 - 08:37 UTC

  BoE and European central bank keep rates unchanged; Turkey hikes 625 points to 24%

  

  Stocks in Europe reversed earlier gains by Thursday's close to finish lower, as investors digested fresh news out of the central banking sphere. The pan-European STOXX 600 closed down 0.15%, with the majority of sectors falling into negative territory. The U.K.'s FTSE 100 slipped 0.43% by the close, while France's CAC 40 ended a touch lower, off 0.08%, and Germany's DAX rose 0.19%.

• Thursday, September 6th 2018 - 08:50 UTC

  World stock markets lower on fears of trade tensions and emerging markets currencies

  

  World stock markets pushed lower on Wednesday amid simmering trade tensions and the spreading financial firestorm across emerging market currencies. MSCI’s emerging markets equity index dropped for the sixth straight day, losing more than 1% in Asia and nearly fully reversing the late August bound in the benchmark.

• Thursday, September 6th 2018 - 08:22 UTC

  U.S. trade deficit at a five month high in July; China maintains a comfortable surplus

  

  The U.S. trade deficit rose to a five-month high in July, with the politically sensitive gap with China hitting a record high, which economists said could embolden the Trump administration to aggressively pursue its “America First” agenda.

• Thursday, September 6th 2018 - 08:12 UTC

  Trump says the US is not yet ready to reach a trade agreement with China

  

  U.S. President Donald Trump said on Wednesday that the United States was not yet ready to come to an agreement over trade disputes with China but he said talks would continue.

• Friday, August 31st 2018 - 08:53 UTC

  Chinese buyers leave the US soy exporters conference empty handed

  

  An annual U.S. soy exporters' conference wrapped up on Wednesday without any known sales to Chinese buyers, in sharp contrast to previous years when billions of dollars of the main U.S. cash crop have been signed over to China in elaborate ceremonies.

• Friday, August 31st 2018 - 08:34 UTC

  India announces its first manned space mission to cost US$1.4bn

  

  India announced it expected to spend less than 100 billion rupees (US$1.43 billion) on its first manned space mission to be launched by 2022, suggesting it is likely to be cheaper than similar projects by the United States and China.