Chinese beef importers are seeking to renegotiate prices previously agreed when they closed deals to buy dozens of shipments from Brazil and Uruguay because values are too high, according to a report in the online edition of local newspapers on Monday.
A SARS-like virus that has spread across China and reached three other Asian nations is contagious between humans, a government expert said, and the World Health Organization announced that a key emergency committee would meet this week to discuss the infections. The news came as Wuhan health authorities reported on Tuesday that a fourth person had died of the coronavirus.
Protests in Hong Kong bear an “overwhelming” similarity to political unrest that has wracked Venezuela in recent years, Venezuelan Foreign Minister Jorge Arreaza said on Friday.
The United States and China still have a long way to go to resolve their trade disputes although the partial deal signed this week is a step forward, IMF chief Kristalina Georgieva said on Friday. “Trade truce is not the same as trade peace,” she said.
China's economy weakened to its slowest pace in three decades last year as weaker domestic demand and trade tensions with the United States took their toll, official data showed on Friday.
Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.
The United States will begin screening efforts at three U.S. airports to detect travelers from the central Chinese city of Wuhan who may have symptoms of a new respiratory virus that so far has killed two people and infected 45 more, public health officials said on Friday (Jan 17).
Chinese state media on Thursday warned against any nitpicking as Beijing portrayed the Phase 1 trade deal with United States and its new commitments to massive purchases of US goods as a boon for China's economy.
Wall Street stocks surged to fresh records on Thursday after the US Senate approved a new North American trade pact, adding to the momentum from the US-China trade deal. All three major indices finished at all-time highs, with the Dow Jones Industrial Average up 267.42 points (0.92%) at 29,297.64.
World stocks inched to a record high on Thursday after the United States and China signed a deal to defuse their 18-month trade war, which has weighed on global economic growth and hampered investments.