Brazil's BRF SA, the world’s largest chicken exporter, believes Europe could lift an embargo affecting a dozen of its plants sooner than anticipated because of the global meat supply imbalance deriving from a deadly hog disease in China.
Three issues lie in the way of an agreement between China and the United States, which will have to be ironed out in upcoming talks in Beijing, said China’s chief trade negotiator as the US moved to impose higher tariffs on Chinese goods.
US President Donald Trump said on Thursday that he had received a “beautiful letter” from Chinese President Xi Jinping, as negotiations on a trade deal between the two countries continue in Washington.
US President Donald Trump spoke with Canadian Prime Minister Justin Trudeau on Thursday and offered his support for Canadian citizens detained in China, the White House said. Four Canadians have been detained in China, two of whom have been sentenced to death over drug smuggling accusations.
Top US and Chinese trade negotiators concluded the first of two days of talks on Thursday to rescue a trade deal that is close to collapsing as Washington prepares to go ahead with plans to hike tariffs on hundreds of billions of dollars of goods imported from China.
Asian markets once again fell into the red on Thursday as investors anxiously await the start of high-stakes trade talks between China and the United States. After several rounds of negotiations, the two-day meeting in Washington, which kicks off later in the day, has taken on huge significance after Donald Trump threatened to ramp up tariffs on Chinese goods from Friday blaming backsliding by Beijing.
JPMorgan could become the first foreign company to own a majority stake in its Chinese mutual fund business, after its joint venture partner put a crucial 2% of the business up for sale that analysts expect the Wall Street bank to lap up.
The world consumed 10% more alcohol per adult in 2017 than in 1990, due in large part to heavier and more widespread drinking in China and India, researchers said on Wednesday. On current trends, global consumption per capita will rise another 17% over the next decade, they reported in The Lancet.
Huawei Technologies' chief financial officer is set to return to a Vancouver courtroom this Wednesday ahead of planned extradition hearings as deteriorating relations with China over her arrest exact a growing toll on Canada.
Top US trade officials said on Monday that China had backtracked on previous commitments made in talks, and that this reversal was what prompted President Donald Trump’s earlier announcement that the United States would raise tariffs on billions of Chinese goods next Friday.