Tag: China

Monday, September 9th 2019 - 09:16 UTC
China beginning to feel the pinch of the trade war with US

China's exports fell by 1.0 per cent on-year in August, official data showed Sunday amid a bruising trade war with the US that has roiled markets in the world's top two economies. The drop comes after a surprise 3.3% rebound in July despite the yearlong battle with Washington and weakening global demand.
Friday, September 6th 2019 - 09:50 UTC
Fed estimates US/China trade war could cost US$ 850bn in lost global trade

Trade policy uncertainty driven by the Trump administration's escalating dispute with China means hundreds of billions of dollars in lost U.S. output and as much as US$850 billion lost globally through early next year, research published this week by the Federal Reserve suggests.
Thursday, September 5th 2019 - 09:45 UTC
Brazil soybean sales to China in August down 40% year on year

Brazil shipped 4.1 million tons of soybeans to China in August, down 40% year on year, according to the Secretariat of Foreign Trade of Brazil, or Secex. Though Secex didn’t provide any reason for the sharp drop, but trade sources cited rising competition from Argentina and African swine fever among the reasons for the decline.
Thursday, September 5th 2019 - 09:19 UTC
Soybean plantation in Brazil forecasted to grow at a much lower pace

The area in Brazil to be planted with soybeans in the 2019-20 season, which starts this month, will grow by the slowest pace in 13 years as a global trade war and swine fever in China cloud the outlook for farmers, according to analysts at AgRural.
Wednesday, September 4th 2019 - 08:40 UTC
US/China trade war further escalates; Trump claims Beijing speculating with next year's presidential election

Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday sent stern warnings to China, urging the Pacific power not to drag its feet in trade negotiations.
Tuesday, September 3rd 2019 - 09:20 UTC
China lodges complaint against US import duties before WTO; US accuses Beijing of intellectual property theft

China has lodged a complaint against the United States at the World Trade Organization over U.S. import duties, the Chinese Commerce Ministry said on Monday.
Monday, September 2nd 2019 - 09:49 UTC
US and China in a new round of additional tariffs; Beijing says Trump behaving as a “school bully”

China and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade war, but U.S. President Donald Trump said the sides would still meet for talks later this month.
Saturday, August 31st 2019 - 08:55 UTC
Factory activity in China shrinks in August for the fourth month running

Factory activity in China shrank in August for the fourth month in a row, official data showed on Saturday, as the United States ramped up tariff pressure and domestic demand remained sluggish.
Wednesday, August 28th 2019 - 09:08 UTC
First ordained bishop in China following on Beijing and Vatican deal

China has ordained its first bishop since reaching an agreement with the Catholic Church intended to encourage a rapprochement between Beijing and the Holy See. China's roughly 12 million Catholics have for decades been split between a government-run association, whose clergy were chosen by the atheist Communist Party, and an unofficial underground church loyal to the Vatican.
Saturday, August 24th 2019 - 09:16 UTC
US/China trade war further escalates: where does it end before reaching a point of no return?

President Donald Trump declared on Friday he would further raise American tariffs on all Chinese imports hours after China announced tariffs on American goods, the second escalation within the day of a trade war between the world’s two biggest economies that has shown no sign of ending soon.