Tag: China

Tuesday, January 14th 2020 - 09:50 UTC
Money markets react to US decision reversing China as a currency manipulator

The Yen plumbed an eight-month low while the Yuan climbed to its highest level since July on Tuesday after the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.
Monday, January 13th 2020 - 09:07 UTC
Beijing will not change its position despite Taiwan's president landslide election victory; threats from Xinhua news agency

China will not change its position that Taiwan belongs to it, Beijing said on Sunday, after President Tsai Ing-wen won re-election and said she would not submit to China’s threats, as state media warned she was courting disaster.
Monday, January 13th 2020 - 08:42 UTC
All ready to sign US/China Phase 1 trade deal, following lengthy translation process

China's commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, US Treasury Secretary Steven Mnuchin said on Sunday.
Saturday, January 11th 2020 - 09:31 UTC
Hong Kong troubles ensure election victory for Taiwan's incumbent candidate

By Gwynne Dyer – “Over the past few years, China’s diplomatic offensives, military coercion, interference and infiltration have continued unabated,” said Taiwan’s President Tsai Ing-wen on New Year’s Day, as the Jan. 11 elections neared. “China’s objective is clear: to force Taiwan to compromise our sovereignty.” But every leader of her Democratic People’s Party (DPP) has always said that.
Friday, January 10th 2020 - 14:28 UTC
Chinese fishing vessels withdraw from Indonesian EEZ, following standoff with Beijing

Dozens of Chinese vessels which were fishing in Indonesia’s Exclusive Economic Zone (EEZ) in Natuna are leaving the area, the Indonesian military said on Thursday, after days of stand-off.
Friday, January 10th 2020 - 09:52 UTC
US/China second phase trade negotiations results after presidential election, Trump warns

Negotiations for the second phase of a pending US-China trade deal will begin promptly but the outcome may wait until after this year's elections, President Donald Trump said on Thursday.
Thursday, January 9th 2020 - 09:49 UTC
Brazil after other markets if US and China agree on farm deal, mainly soybeans

Brazil could lose some recent gains it made in the global soy market during the US-China trade war if those two countries reach a deal to end their dispute, a Brazilian Agriculture Ministry official said on Wednesday.
Thursday, January 9th 2020 - 09:22 UTC
WHO growing concern with a possible new coronavirus outbreak in China

A cluster of more than 50 pneumonia cases in the central Chinese city of Wuhan may be due to a newly emerging member of the family of viruses that caused the deadly SARS and MERS outbreaks, World Health Organization (WHO) said on Wednesday.
Tuesday, January 7th 2020 - 07:23 UTC
Indonesia sends warships to support its fishing vessels in a standoff with China

Indonesia will mobilize fishermen to join warships in the South China Sea to help defend against Chinese vessels, the government said on Monday, as the biggest stand-off with China for years escalated off South-east Asia's largest country.
Saturday, January 4th 2020 - 09:18 UTC
China pumps an extra US$ 115bn stimulus to the economy effective Monday

China moved to pump more cash into its financial system, suggesting that Beijing remained concerned about faltering growth despite signs that the world's second-largest economy was stabilizing.