Tag: China

• Friday, May 22nd 2020 - 08:41 UTC

  Oil prices slump after China omits 2020 economic growth target

  

  Oil prices slumped on Friday after China's decision to omit an economic growth target for 2020 renewed concerns that the fallout from the coronavirus pandemic will continue to depress fuel demand in the world's second-largest oil user.

• Friday, May 22nd 2020 - 07:25 UTC

  China plans to increase 6,6% defense spending in fiscal year

  

  China's defense spending this year will rise 6.6% from 2019, according to a report issued at the opening of the country's annual meeting of parliament on Friday, a slower rate than last year.

• Thursday, May 21st 2020 - 08:29 UTC

  US Senate votes a bill targeting Chinese companies' opacity in US exchanges

  

  The U.S. Senate passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they follow standards for U.S. audits and regulations.

• Thursday, May 21st 2020 - 08:25 UTC

  Trump accuses China of “mass worldwide killing” because of its “incompetence”

  

  US President Donald Trump on Wednesday again lashed out at China over the coronavirus pandemic, blaming Beijing for “mass Worldwide killing.” His morning tweet, which also referred to an unidentified “wacko in China,” was the latest heated rhetoric from the White House, where Trump is making attacks on Beijing a centerpiece of his November re-election bid.

• Tuesday, May 19th 2020 - 08:53 UTC

  WHO admits an independent probe into the coronavirus management; China pledges US$ 2 Billion

  

  The World Health Organization bowed to calls on Monday from most of its member states to launch an independent probe into how it managed the international response to the coronavirus, which has been clouded by finger-pointing between the U.S. and China over a pandemic that has killed over 300,000 people and leveled the global economy.

• Tuesday, May 19th 2020 - 08:02 UTC

  China slaps 80% tariff on Australian barley alleging subsidies and dumping

  

  Australia is “disappointed” China has imposed massive tariffs on its barley and will consider taking the dispute to the World Trade Organization, the country's agriculture minister said on Tuesday.

• Tuesday, May 19th 2020 - 07:58 UTC

  Brazilian agribusiness exports to China booming

  

  In the first four months of this year, Brazilian agribusiness exports totaled US$31.40 billion, marking a 5.9% increase year-on-year. The growth of agribusiness exports resulted in an increase in volumes 11.1%, while the index price suffered a drop of 4.7%.

• Monday, May 18th 2020 - 07:22 UTC

  Critical World Health Organization assembly: US-China clash anticipated

  

  At the first meeting of the World Health Organization's (WHO) governing body since Covid-19 stormed the globe, China is set to be challenged on two of its most sensitive issues: The Communist Party's initial handling of the virus and the status of Taiwan's participation.

• Saturday, May 16th 2020 - 07:54 UTC

  Trump set to restore partial funding for WHO, to similar level of China's contribution

  

  US President Donald Trump's administration is set to restore partial funding to the World Health Organization (WHO), Fox News reported late on Friday, citing a draft letter.

• Saturday, May 16th 2020 - 07:18 UTC

  China calls on the US to “fulfill their financial obligations to the United Nations”

  

  China on Friday issued a statement calling on all UN member states to “actively fulfill their financial obligations to the United Nations,” stressing that Washington owes the organization more than US$2 billion.