Tag Archives: China

China welcomes Putin’s proposed summit on Iran 

US President Donald Trump said he probably would not participate in any such summit after arms resolution failure.

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America musters the world’s biggest naval exercise 

The drills come as America and China are locking horns across Asia’s flashpoints

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Chinese business leaders urge country to keep thinking global 

China should resist anti-globalisation sentiment and promote international cooperation, Chinese business leaders have said. Beijing has announced a master plan to shift the focus of its economic growth engines towards “domestic circulation”, to become more self-reliant, especially in key technologies. But Xu Weiping, chairman of Advanced Business Park, which […]

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China’s state-owned giants given new order: create global industrial champions 

In the midst of its escalating economic conflict with the US, China’s largest state-owned enterprises have been given a new directive: work with small and medium-sized firms to build new global champions.In an interview with the state-run Xinhua news agency published on Monday, Hao Peng, chairman and Communist Party secretary of the State-owned Assets Superv […]

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Canada Goose loss deepens as coronavirus shutters stores 

The company bolstered its direct-to-consumer strategy, increasing investment in e-commerce, and will concentrate its store openings in mainland China, where business appears to be recovering at a faster pace from COVID-19.

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China to sanction Rubio, Cruz, and others over U.S. action on Hong Kong 

The U.S. lawmakers targeted by Beijing on Monday have been vocal critics of a new national security law that expands Beijing’s authority in Hong Kong.

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Two beluga whales are transported from captivity in China to a new ocean refuge 6,000 miles away 

Beluga whales Little Grey and Little White, have been freed from captivity in China to swim in the sea for the first time in nearly a decade. The Sea Life Trust took the whales to a sanctuary in Iceland.

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Apple imported clothes from Xinjiang firm facing US forced labour sanctions 

Details on staff uniforms come after CEO Tim Cook says he will not tolerate modern slaveryApple has imported clothes – probably uniforms for staff in stores – from a company facing US sanctions over forced labour at a subsidiary firm in China’s western Xinjiang region, shipping records show.The details come a week after Apple’s chief executive, Tim Cook, tol […]

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Market Snapshot: Stock-index futures mostly higher after Trump signs orders to extend coronavirus relief 

U.S. stock-index futures trade mostly higher Monday after President Donald Trump over the weekend signed executive orders that would extend some elements of coronavirus relief. The measures face likely legal hurdles and questions about their effectiveness, however, while continued U.S.-China tensions might also cap upside, analysts say.

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Trump signs four executive orders on coronavirus aid after Congress negotiations stalled 

Trump signed four executive orders related to what he called ‘China virus relief’ during a press conference at his golf resort in Bedminster, New Jersey, on Saturday afternoon.

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China-US ties plunge further over Hong Kong sanctions 

China on Saturday slammed the United States for imposing “barbarous” sanctions in response to Beijing’s crackdown in Hong Kong, capping a dramatic week of deteriorating relations between the world’s two biggest economies.

Read More on Times of India

Can Trump ban TikTok? What the executive order means – explained 

The move requires TikTok and WeChat to find new owners or shut down, but it may not be that simpleOn Thursday, Donald Trump issued two executive orders aimed at banning TikTok and WeChat, saying the US must take “aggressive action” against the China-based social media platforms in the interest of national security.The move would effectively require TikTok an […]

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Arvind Panagariya cautions govt: Import licences will be a complete violation of WTO 

Panagariya’s comments come at a time when India has introduced certain imports in the restricted list including tyres and TVs to curb imports from China as it aims to become self reliant. “While I am not yet worried about the return of term Atma Nirbhar Bharat, what is worrying is turn in policies three years ago and that have not reversed since,”.

Read More on India Times

India may impose anti-dumping duty on Chinese PET Resin 

PET resin is used in textiles, plastic bottles, tires, undersea cables and 3-D printing, among others. However, the department said that the scope of product under consideration does not include recycled PET Resin used to manufacture preforms, which are then converted into PET bottle and jars for the storage of mineral water, carbonated soft drinks, edible o […]

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Trump Targets WeChat and TikTok, in Sharp Escalation With China 

The government cited national security concerns in announcing sweeping restrictions on two popular Chinese social media networks, a move that is likely to be met with retaliation.

Read More on NY Times