Tag: China

Tuesday, February 19th 2019 - 09:21 UTC
Hammond visit to China called off amid reports of Beijing anger with UK defense actions

A visit to China by Chancellor Phillip Hammond has been called off amid reports a speech by the UK's defense secretary angered Beijing. There were plans for trade talks between Mr Hammond and senior Chinese government figures during the brief visit this week. But last week, Gavin Williamson had indicated the UK's intention to send an aircraft carrier to the Pacific.
Tuesday, February 19th 2019 - 09:20 UTC
US/China trade talks resume in Washington... and are going “extremely well”

US-China trade talks aimed at ending a damaging tariff war will resume from this Tuesday in Washington, the White House has announced. The last set of talks ended Friday in Beijing with no deal, though US President Donald Trump said the discussions were going “extremely well” and suggested he could extend a Mar 1 truce deadline for an agreement to be reached.
Saturday, February 16th 2019 - 11:30 UTC
China/US trade talks break down; Washington warns “very difficult issues” remain unresolved

Trade talks between the US and China have broken up without a deal, with the US warning that “very difficult issues” remain unresolved. The talks in China this week were aimed at securing a new deal before further US tariffs are imposed on 1 March. China said negotiations would now continue in the US next week.
Thursday, February 14th 2019 - 10:22 UTC
US/China trade talks take off in Beijing with much expectations

United States and Chinese negotiators kicked off two days of official trade talks in Beijing on Thursday as the world's top two economies try to patch up their festering economic dispute. Pressure to seal an accord ahead of a March deadline lessened before the talks as US President Donald Trump indicated on Tuesday in Washington he was open to extending a trade truce, depending on progress in Beijing.
Wednesday, February 13th 2019 - 09:26 UTC
Trump open to extending the deadline for a trade deal with China

United States president Donald Trump said on Tuesday he would consider extending the deadline for a trade deal with China beyond March first.
Tuesday, February 12th 2019 - 09:24 UTC
China iron ore futures soar on concerns over the Vale tragedy in Brazil

China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country’s second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.
Saturday, February 9th 2019 - 07:34 UTC
Trade war: US and China set to discuss intellectual property on Monday

United States negotiators are preparing to press China next week on longstanding demands that it reform how it treats American companies’ intellectual property in order to seal a trade deal that could prevent tariffs from rising on Chinese imports.
Friday, February 8th 2019 - 10:10 UTC
Trade deal: Trump said no meeting with Xi before the March first deadline

President Donald Trump said on Thursday he did not plan to meet with Chinese President Xi Jinping before a March 1 deadline set by the two countries to achieve a trade deal.
Friday, February 8th 2019 - 09:13 UTC
Collapse in China sales hits Jaguar Land Rover profits

Jaguar Land Rover booked a loss for the last three months of 2018 as sales collapsed in China. The company booked a £3.1bn reduction in the value of its plants and other investments leading to a £3.4bn quarterly loss, its biggest to date.
Thursday, February 7th 2019 - 10:33 UTC
As March countdown clicks, UN warns about global implications of the US/China trade dispute

United Nations trade official has warned a US plan to raise tariffs on Chinese goods next month would have “massive” implications for the global economy. The US plans to increase tariffs on Chinese goods if the two sides fail to make progress on a trade deal by 1 March.