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WASHINGTON, United States (AFP) — US President Donald Trump said in an interview released Friday he is willing to hit all Chinese goods imported to the United States with tariffs if necessary. “I’m ready to go 500,” the Republican leader told the US network CNBC, referring to the $505.5 billion in Chinese imports accepted into the United States in 2017. “I’m not doing this for politics, I’m doing this to do the right thing […]
(Eagle News) — Chinese Ambassador to the Philippines Zhao Jianhua on Tuesday, July 17, denied the Philippines was headed for a debt trap with its availing of Chinese loans to finance projects under the “Build, Build, Build” program. “Let me make it quite clear, these projects, these two bridges are going to be financed by Chinese grants. That is, we’re going to build it for free,” Zhao, who graced the groundbreaking ceremony for the Binondo-Intramuros bridge on […]
(Eagle News) — The Philippines will never be a province of China. “It has never been any part of China. No, not now, not ever,” Chinese Ambassador to the Philippines Zhao Jianhua told reporters on Tuesday, July 17. Zhao made the comment in response to the “Welcome to the Philippines, Province of China” banners that were hung in some overpasses in Metro Manila on July 12, two years after the Philippines won the arbitration case against […]
by Ben Dooley Agence France-Presse BEIJING, China (AFP) — The European Union called Monday on the United States, China and Russia to work together to cool worsening global trade tensions, warning that they could spiral into violent “conflict and chaos.” The comments from EU Council President Donald Tusk comes as Washington and Beijing stand on the brink of an all-out trade war many fear could hammer the global economy, while the US has also picked […]
BEIJING, China (AFP)–Chinese growth slowed slightly in the second quarter as the world’s number two economy faced a snowballing trade fight with the United States. The economy expanded by 6.7 percent in April-June, down from 6.8 percent in the first quarter and in line with a 6.7 percent rate tipped in an AFP survey of economists. Despite the quarterly deceleration, growth was still higher than the annual target of around 6.5 percent set by […]
BEIJING, China (AFP) — An explosion at a chemical plant in southwest China left 19 dead and injured another 12, authorities said Friday, the latest industrial accident in a country where lax regulations often lead to tragedy. The blast occurred at 6:30 pm Thursday night at an industrial park in Sichuan province’s Yibin city, according to a statement on the website of the local work safety administration. The injured had been taken to hospital and […]
(Eagle News) — Binalaan ng Philippine Overseas Employment Administration (POEA) ang mga nagbabalak magtrabaho sa China laban sa bagong modus na tinatawag na marriage-for-job. Kasunod ito ng ulat mula sa Department of Foreign Affairs (DFA) hinggil sa limang Filipina na stranded sa Tongxu, China at humingi ng tulong sa pamahalaan matapos lokohin at pangakuan ng trabaho kapalit ng kasal sa mga Chinese national. Ayon sa POEA, mula Urbiztondo, Pangasinan ang nasabing mga Filipina na ni-recruit […]
by Ivan Couronne Agence France-Presse WASHINGTON, United States (AFP) — For months, a major recycling facility for the greater Baltimore-Washington area has been facing a big problem: it has to pay to get rid of huge amounts of paper and plastic it would normally sell to China. Beijing is no longer buying, claiming the recycled materials are “contaminated.” For sure, the 900 tons of trash dumped at all hours of the day and night, […]
BEIJING, China (AFP) – China on Wednesday said tit-for-tat tariffs will “destroy” trade between the world’s top two economies, after Washington fired the next shot in a ballooning trade war, readying fresh levies on $200 billion in Chinese goods. “The outburst of large-scale mutual levying of tariffs between China and the United States will inevitably destroy Sino-US trade,” assistant minister of commerce Li Chenggang told a forum in Beijing. US policy “actually interferes with the […]
by Dan Martin Agence France-Presse SHANGHAI, China (AFP)–Tesla unveiled plans on Tuesday to build a factory in Shanghai to dramatically increase its production capacity, with boss Elon Musk making his electric-car company’s biggest overseas move yet just as a US-China trade battle heats up. Musk said the plant, which has been in the works for a year, would eventually have an annual production capacity of 500,000 cars, and he hoped it would be “completed very soon.” […]
SAN FRANCISCO, United States (AFP) — An ex-Apple engineer on Monday was charged with stealing secrets from a hush-hush self-driving car technology project days before he quit to go to a Chinese startup. Xiaolang Zhang was in custody for stealing trade secrets from the Apple project, according to a copy of the criminal complaint posted online. The charge is punishable by 10 years in prison and a $250,000 fine. “Apple takes confidentiality and the protection […]
by Heather Scott Agence France-Presse WASHINGTON, United States (AFP) — The United States late Tuesday announced it was starting the process to slap 10 percent tariffs on another $200 billion in Chinese export goods as soon as September, escalating the trade war between the world’s two largest economies. President Donald Trump vowed to hit back on a growing list of products after China retaliated in kind for the first round of 25 percent tariffs on […]
