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by Rob Lever / with Ryan McMorrow and Laurent Thomet in Beijing WASHINGTON, United States (AFP) — President Donald Trump on Thursday for the first time linked a dispute over telecom giant Huawei, which he views as a threat to American security, with a deal to resolve the US-China trade war. “Huawei is something that is very dangerous,” Trump told reporters at the White House. “You look at what they’ve done from a security standpoint, […]
Chinese telecoms giant Huawei is ready to deal with Washington’s crackdown and will reduce its reliance on US components, its founder told Japanese media. President Donald Trump effectively barred Huawei from the US market on Wednesday and added it to a list which would restrict US sales to the firm amid an escalating trade war with Beijing. “We have already been preparing for this,” Huawei founder and CEO Ren Zhengfei told a group of Japanese […]
BEIJING, China (AFP) — Chinese President Xi Jinping declared Wednesday there was “no clash” of civilizations and denounced racial supremacy as “stupid” amid tensions with the United States and concerns over Beijing’s rising global power. His remarks came after a top-level US official last month described the rivalry between China and the US as “a fight with a really different civilization and a different ideology”. Kiron Skinner, the director of policy planning at the US […]
by Poornima WEERASEKARA BEIJING, China (AFP) — China said Monday it will raise tariffs on $60 billion worth of US goods from June 1, in retaliation for the latest round of US tariff hikes and Washington’s plans to target almost all Chinese imports. The announcement came after the latest round of US-China trade negotiations ended Friday without a deal, and after Washington increased tariffs on $200 billion worth of Chinese products. US President Donald Trump […]
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 […]
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 […]
HONG KONG, China (AFP) — President Donald Trump sent Asian markets plunging Monday after threatening to hike tariffs on $200 billion of Chinese goods at the end of the week in a bid to speed up stuttering trade talks between the economic superpowers. Shanghai and Hong Kong equities led big losses across the region, with the Chinese yuan also taking a battering after the president threw a spanner into the high-level negotiations, which many observers […]
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. […]
BEIJING, China (AFP) — China’s President Xi Jinping on Friday called for a “fair and friendly” environment for Chinese companies and citizens overseas, as pushback against its tech giants rises and academics find their visas cancelled. Beijing and Washington have been locked in a bruising trade war — which negotiators have been working to resolve — but there has also been a growing strategic rivalry between the world’s two largest economies. “China’s measures to expand […]
BEIJING, China (AFP) — China is trying to woo more nations to join a massive network of ports, railways, roads and industrial parks that links dozens of countries in Asia, Europe, and Africa. President Xi Jinping touted the benefits of his signature foreign policy, the Belt and Road Initiative, as he welcomed 37 world leaders at a summit dedicated to it on Friday. Since Xi launched Belt and Road in 2013, China has invested $90 […]
BEIJING, China (AFP) — China said Friday leaders from 37 nations and North Korean representatives will attend a summit for its Belt and Road Initiative next week as it hit back at criticism of the massive trade infrastructure project. Chinese President Xi Jinping’s pet project is a $1 trillion programme that includes maritime, rail and road projects in Asia, Africa and Europe. The Belt and Road Initiative has divided Europe, and Washington has called it […]
