Tag: China

• Saturday, August 17th 2019 - 07:00 UTC

  Trump reveals “productive” trade talks with Beijing and anticipates a “fairly short war”

  

  US President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. tariffs on over US$125 billion worth of Chinese imports taking effect Sept 1.

• Thursday, August 15th 2019 - 12:31 UTC

  Trump praises Xi and says the Chinese leader can “humanely” resolve the Hong Kong situation

  

  US President Donald Trump on Wednesday said Xi Jinping can “humanely” resolve the violent standoff with protesters in Hong Kong and appeared to suggest meeting the Chinese leader.

• Tuesday, August 13th 2019 - 07:11 UTC

  China anticipates less corn imports because of outbreaks of African swine fever

  

  China's agriculture ministry said it was lowering its forecast for corn consumption in the 2019/20 crop year amid outbreaks of African swine fever across the country.

• Saturday, August 10th 2019 - 07:32 UTC

  China's growth vulnerability to US tariffs exposed by the IMF

  

  China's economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned on Friday.

• Saturday, August 10th 2019 - 07:25 UTC

  Markets sharply lower as Trump says he's “not ready for a trade deal with China”

  

  President Donald Trump cast more doubt on chances for a trade deal with Beijing on Friday, signalling he might cancel talks set for September amid an intensifying US-China trade war.

• Friday, August 9th 2019 - 08:27 UTC

  Soybean sales in Brazil booming helped by a weaker currency and port premiums

  

  The price of Brazilian soybeans in local currency reached the highest level in almost two months, driven by a spike in port premiums for soybeans and a weaker currency, both caused by the trade dispute between China and the United States.

• Friday, August 9th 2019 - 07:56 UTC

  Despite the trade dispute, China's exports rose 3.3% during July

  

  Chinese exports rose unexpectedly in July, beating expectations for a fall, as trade tensions with the US continued to simmer. Official figures showed exports rose 3.3% last month, compared to forecasts for a 2% drop. Imports fell 5.6% in July, less than the expected 8.3% decline.

• Wednesday, August 7th 2019 - 09:33 UTC

  Trump vows to protect US farmers against China and promises further aid

  

  US President Donald Trump on Tuesday vowed to protect US farmers against China by signaling to provide further aid if needed, a day after Chinese firms stopped agricultural purchases and Beijing threatened more tariffs on US farm products.

• Wednesday, August 7th 2019 - 08:44 UTC

  Sino/US clash eases: Beijing supports Yuan and Washington pledges to continue trade talks

  

  Asian shares steadied slightly on Wednesday as investors caught their breath from a searing week-long selloff, with steps taken by Chinese authorities to contain a sliding Yuan helping calm fears of a full-blown Sino-U.S. trade and currency war.

• Tuesday, August 6th 2019 - 09:06 UTC

  Fed expected to further lower interest rate as trade tensions with China increase

  

  Federal Reserve Chair Jerome Powell, who last week cut U.S. interest rates as an insurance policy against the effects of “simmering” trade tensions, may need to buy more coverage after the United States late on Monday designated China a currency manipulator.