Chinese govt bans Australian goods

As tensions between Australia and China rise, Beijing is expected to ban imports of Australian wheat, the South China Morning Post (SCMP) has reported. From Friday, barley, sugar, red wine, timber, coal, lobster, copper ore and copper concentrates from Australia, are expected to be barred from China even if the goods have been paid for … Continue reading Chinese govt bans Australian goods

Pompeo improves ties with India as US-China trade war continues

India and the U.S. held a "productive" and "successful" third round of 22 dialogue in New Delhi, the Indian capital, signing the foundational Basic Exchange and Cooperation Agreement (BECA) and expanding their defence cooperation as visiting Secretary of State Mike Pompeo said that the United States will stand with India as it confronts threats to … Continue reading Pompeo improves ties with India as US-China trade war continues

What experts say about China’s countermeasure

Chinese Foreign Ministry spokesperson Wang Wenbin said Friday the diplomats of the U.S. consulate general in Chengdu interfered in China's internal affairs and engaged in activities that were not in line with their diplomatic identities. Wang urged the U.S. to withdraw its decision to close China's consulate general in Houston and make efforts to bring … Continue reading What experts say about China’s countermeasure

China retaliates against Trump’s decision to close its embassy in Houston

Chinese Foreign Ministry spokesperson Wang Wenbin said Friday the diplomats of the U.S. consulate general in Chengdu interfered in China's internal affairs and engaged in activities that were not in line with their diplomatic identities. Wang said the Chinese side has lodged representations with the U.S. many times. He urged the U.S. to withdraw its … Continue reading China retaliates against Trump’s decision to close its embassy in Houston

China issues new warning to the United States

China strongly condemns the U.S. for asking China to close its Consulate General in Houston, Texas, urging it to recall its wrong decision or there will be countermeasures, said the Chinese Foreign Ministry on Wednesday. The U.S. abruptly asked China to close its Consulate General in Houston in 72 hours starting July 21. The move, … Continue reading China issues new warning to the United States

Did China use coronavirus to amass wealth?

Under President Xi Jinping, China has looked to take up a role as the leading power in the world. While Beijing has begun its recovery from the coronavirus pandemic, Europe has been crippled. With the EU failing to quickly support member states from the coronavirus pandemic, China has used a “divide and rule” approach to gain influence on the … Continue reading Did China use coronavirus to amass wealth?

Trade War: US to sanction more Chinese companies

The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist, citing "national security" and "human rights" issues. The U.S. Commerce Department said in a statement that it will add 24 Chinese governmental and commercial organizations to the Entity List "for engaging in activities contrary to the national security or … Continue reading Trade War: US to sanction more Chinese companies

US-China trade war continues

The United States has imposed stricter restrictions on exports to China, which includes civil aircraft components and items related to semiconductors. The new rules will require licences for U.S. companies to sell certain items to military entities in China, even if those goods are for civilian use. Media reports confirm the new rules also eliminate … Continue reading US-China trade war continues

US Treasury moves to unseat China as a currency manipulator

U.S. Treasury has determined that China should no longer be designated as a currency manipulator. The United States Treasury Department dropped Monday its designation of China as a currency manipulator, two days before the signing of a preliminary trade agreement to ease an 18-month tariff war. The currency report from the U.S. Treasury said the Chinese yuan, had depreciated as far as … Continue reading US Treasury moves to unseat China as a currency manipulator

China keen on resolving trade war with the US

China's Foreign Ministry, when asked about the trade deal with the United States, said it is committed to resolving the issues but the deal must be mutually beneficial. Spokeswoman Hua Chunying made the comments on Friday at a daily briefing. US, China Near Deal That Would Suspend Planned Tariffs The Trump administration and China are … Continue reading China keen on resolving trade war with the US