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WAHINGTON, United States (AFP) — President Donald Trump on Monday warned China not to retaliate after Washington raised punitive duties on $200 billion worth of Chinese imports to 25 percent from 10 percent. “China should not retaliate-will only get worse!” Trump wrote in a flurry of tweets on trade. The tariffs were imposed on Friday after two days of talks to resolve the US-China trade battle ended with no deal, however negotiations will continue. Trump […]
HONG KONG, China (AFP) — Markets in Asia were largely down in morning trade on Monday as the lack of a US-China trade deal cast a cloud over the market. Investors watched the latest developments warily in the trade war between the world’s top two economies, after negotiations in Washington ended Friday without agreement and a tariff hike on Chinese imports went into effect. White House economic advisor Larry Kudlow said US President Donald Trump […]
by Douglas Gillison with Ryan McMorrow in Beijing WASHINGTON, United States (AFP) — US and Chinese officials returned to the bargaining table late Thursday amid a sudden flare-up in hostilities, while President Donald Trump held out hopes of salvaging a trade deal. The Chinese delegation, including Vice Premier Liu He, was greeted by US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. With punishing US tariffs on hundreds of billions in Chinese merchandise due […]
by Ryan MCMORROW BEIJING, China (AFP) — With the eyes of the world on Washington for this week’s high-stakes trade talks between China and the United States, none will be more focused than those of Chinese exporters who are increasingly worried about the impact of more tariffs. Companies shipping a range of products from seafood to furniture are among those in the firing line as the economic superpowers try to resolve a trade war that […]
BEIJING, China (AFP) — A Chinese court was expected to hold a hearing Thursday on a Canadian man’s appeal against a death sentence for drug smuggling in a case that has deepened a diplomatic spat between Beijing and Ottawa. Robert Lloyd Schellenberg, 36, was sentenced to death in January after a court deemed his previous 15-year prison sentence too lenient. The appeal hearing comes a day after a top executive of Chinese telecom giant Huawei, […]
by Alia DHARSSI VANCOUVER, Canada (AFP) — A top Chinese telecom executive whose arrest in Canada on a US warrant triggered a bitter diplomatic row vowed Wednesday to vigorously fight extradition to the US. Meng Wanzhou, 47, who faces charges related to Iran sanctions violations, was appearing at a Vancouver courthouse to set a timetable for her upcoming extradition hearing. “The criminal case against Miss Meng is based on allegations that are simply untrue,” her […]
by Eva XIAO BEIJING, China (AFP) — A Canadian man handed the death penalty for drug smuggling in China will appeal his sentence Thursday, in a case that has deepened the diplomatic rift between Beijing and Canada. The appeal comes against the backdrop of Beijing’s anger over the December arrest of Meng Wanzhou, a senior executive at Chinese tech giant Huawei, who faces a US extradition hearing in Canada on Wednesday. Robert Lloyd Schellenberg was […]
BEIJING, China (AFP) — China said two US warships sailed near disputed islands in the South China Sea without permission on Monday in the latest US challenge to Beijing’s territorial claims in the region. The Chinese navy asked the US vessels to leave after they entered waters adjacent to Gaven and Chigua reefs in the Spratly Islands, which Beijing calls Nansha, the foreign ministry said. The move comes on top of trade tensions as […]
by Delphine TOUITOU WASHINGTON, United States (AFP) — US and Chinese officials say a historic deal ending their ongoing trade war could be imminent, but a key question is how can Washington be sure Beijing will live up to its end of the bargain? With up to 100 Chinese officials reportedly expected next week in Washington, with the possibility of unveiling a grand agreement after months of tensions, that question is hanging over the talks. […]
by Elizabeth LAW Agence France Presse BEIJING, China (AFP) — Top US and Chinese trade negotiators held productive talks in Beijing on Wednesday, the American side said, as the economic superpowers head towards an endgame in a dispute that has hit businesses with bruising tariffs. Chinese Vice Premier Liu He, a close aide to President Xi Jinping on economic matters, met with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin ahead of […]
BEIJING, China (AFP) — A Chinese court sentenced a second Canadian man to death for drug trafficking on Tuesday amid diplomatic tensions between Ottawa and Beijing. The court in southern Guangdong province said the Canadian, Fan Wei, and 10 others — including an American and four Mexicans — had been part of an international narcotics syndicate working out of Taishan city between July and November 2012. The group produced and sold 6.34 kilos (14 pounds) […]
(Eagle News)—The Philippines and China have inked a deal to combat corruption. The deal was signed between Presidential Anti-Corruption Commission Chairman Dante La. Jimenez, accompanied by PACC Executive Director Eduardo Bringas, and Li Shulei, Vice-Chairman of China’s National Commission of Supervision during the Clean Silk Road Sub-Forum of the Second Belt and Road Forum in Beijing. Under the MOU, the PACC and NCS expect to carry out cooperation in areas of prevention and punishment of […]
