News

Stocks Slide Over Worsening U.S.-China Trade Tensions

Investors seemed to be reacting to a growing sense that the dispute between Washington and Beijing was deepening and would continue indefinitely.
Tags: News, Washington, Beijing, Standard & Poor's 500-Stock Index, International Trade and World Market, United States International Relations, British Pound (Currency

China seeks Asian neighbors’ support in trade fight with US

BEIJING (AP) — China is seeking to support from some of its Asian neighbors and Russia in its escalating tariff fight with the U.S. Speaking Wednesday at a meeting of the Shanghai Cooperation Organization in Kyrgyzstan, Foreign Minister Wang Yi said representatives of the eight-nation grouping had expressed “broad support” for China’s position. Wang reiterated […]
Tags: Business, News, China, Russia, US, Ap, Beijing, Nation, Kyrgyzstan, Wang Yi, Wang, Shanghai Cooperation Organization

EE keeps Huawei in first British 5G network but halts handsets

The United States has said Huawei is a security risk and open to spying by Beijing, a claim the Chinese company denies. The government will rule imminently whether Huawei will be allowed to participate in these new networks. EE Chief Executive Marc Allera said its planned 5G launch was "the start of the UK's 5G journey and great news for our customers that want and need the best connections".
Tags: UK, News, Beijing, United States, Huawei, Marc Allera

Trump administration considers blacklisting another major Chinese technology firm, further inflaming trade conflict

The Trump administration is considering blacklisting another major Chinese technology company in a move that would broaden a US campaign to sever China’s access to American know-how and inflame a deepening trade conflict, according to an individual familiar with the debate.Although no final decision has yet been reached, the administration is preparing to move against Hikvision, the world’s largest maker of video surveillance technology, the person said, speaking on the condition of anonymity.Th...
Tags: Asia, News, China, US, Beijing, United States, New York Times, Muslim, Fox News, Defence, Xinjiang, Huawei, Qualcomm, Justice Department, Trump, Commerce Department

Fears rise China could weaponise rare earths in US tech war

The US has hit China where it hurts by going after its telecom champion Huawei, but Beijing's control of the global supply of rare earths used in smartphones and electric cars gives it a powerful weapon in their escalating tech war. A seemingly routine visit by President Xi Jinping to a Chinese rare earths company this week is being widely read as an obvious threat that Beijing is standing ready for action. Xi's inspection tour "is no accident, this didn't happen by chance," said Li Mingjiang,...
Tags: News, China, US, Beijing, Xi Jinping, Huawei, Li Mingjiang, S Rajaratnam School of International Studies RSIS

China uses AI, facial recognition, and blockchain to monitor its farms — but it still can't stop the gruesome swine fever that will leave 200 million pigs dead

Many Chinese tech firms are equipping the country's farms with artificial intelligence, facial recognition, and blockchain technologies to monitor their pigs' health. But none of this has managed to curb the biggest epidemic facing Chinese farms today — the outbreak of the African swine flu, a gruesome and deadly disease that's poised to leave 200 million pigs dead. It shows the limit to China's technological ambitions, which many observers consider dystopian and Orwellian. China is the world'...
Tags: China, US, Trends, Cnn, Beijing, George Orwell, New York Times, Alibaba, Cambodia, Vietnam, Times, Donald Trump, Rabobank, NetEase, Maya Wang, Hikvision

China cuts taxes on circuit industry in face of US pressure

BEIJING (AP) — China is cutting taxes on its fledgling software and integrated circuit industries to spur development in the face of U.S. export controls that threaten to handicap Chinese tech companies. The Finance Ministry’s announcement Wednesday comes amid tension over Washington’s decision to restrict technology exports to Chinese telecom equipment giant Huawei and other […]
Tags: Business, Technology, News, Washington, China, US, Ap, Beijing, Nation, Huawei, The Finance Ministry

Pope urges China’s Catholics to unify after bishop deal

VATICAN CITY (AP) — Pope Francis is urging China’s divided Catholic community to come together in communion, as he seeks to heal decades of estrangement following a landmark deal with Beijing over bishop nominations. Francis made a special appeal at the end of his weekly audience Wednesday, noting that May 24 is a feast day […]
Tags: News, China, Ap, Beijing, Nation, Pope Francis, Catholic, Pope, Vatican City, Francis

US firms in China fear 'retaliation' against Huawei curbs: AmCham

A top lobby group says US firms in China are worried about Beijing's response to curbs on Huawei.
Tags: News, China, US, Beijing, Huawei, AmCham

Air China seeks Boeing compensation for 737 Max delays

BEIJING (AP) — Air China Ltd., one of China’s three major state-owned airlines, is joining carriers that are asking Boeing Co. for compensation for the grounding of their 737 Max jetliners following two fatal crashes. The carrier also has asked Boeing for compensation for disruptions due to delays in delivery of new aircraft, an employee […]
Tags: Business, News, China, Ap, Beijing, Nation, Boeing, Boeing Co, Air China Ltd

Could you give up flying? Meet the no-plane pioneers

Growing numbers of travellers are abandoning air travel to help save the planet – even if it means spending 14 days on a trainIt has taken Roger Tyers four days to reach Moscow by train from Kiev. His destination is Beijing: a trip that will take 14 days, with a couple of overnight stops along the way. Tyers, an environmental sociologist at the University of Southampton, is on his way to China to research attitudes to the environment, the climate emergency and personal responsibility. “Given tha...
Tags: Travel, Climate Change, China, Environment, World news, Beijing, Rail Travel, Air transport, Moscow, Travel websites, Skype, Mongolia, Green travel, Kiev, University Of Southampton, Roger Tyers

Canada delegation pressing China on detained Canadians

TORONTO (AP) — A Canadian delegation in China is pressing Chinese officials to free two detained Canadians but there has been no contact between the two nations’ leaders or foreign ministers despite the worst relations between Ottawa and Beijing since the Tiananmen Square massacre in 1989. Adam Austen, a spokesman for Canada’s foreign minister, said Tuesday […]
Tags: News, China, Toronto, Ap, Beijing, Canada, Nation, Ottawa, Tiananmen Square, Nation & World, Adam Austen

TikTok Owner Preparing Streaming Service to Rival Spotify (Report)

ByteDance, the Beijing-based owner of the TikTok video app, is developing a paid streaming music service aimed at the same emerging markets that Spotify and Apple are seeking to explore, according to a report in Bloomberg. The app could be introduced as early as autumn, according to the report, which adds that the company has […]
Tags: Apple, Spotify, News, Bloomberg, Beijing, Apple Music, Bytedance, Tiktok

Trump's China trade war risks damaging US economy, says OECD

Intensification of tariff dispute also likely to knock almost $600bn off world economyDonald Trump has been warned by the west’s most influential economics thinktank that further escalation of the US-China trade war would unleash significant damage for the American economy, as well as the rest of the world.The Paris-based Organisation for Economic Co-operation and Development (OECD) said that an intensification of the dispute between Washington and Beijing would likely knock as much as 0.7% off ...
Tags: Business, Washington, China, US, International Trade, Economics, UK News, World news, US news, Beijing, Paris, Global Economy, OECD, Organisation for Economic Co, US China

Asian stocks mixed after Wall Street fall on Huawei anxiety

BEIJING (AP) — Asian stocks were mixed Tuesday after anxiety over U.S. restrictions on sales to Chinese tech giant Huawei pulled Wall Street lower. Benchmarks in Shanghai, Seoul and Sydney advanced, while Tokyo and Hong Kong declined. Anxiety over U.S.-Chinese trade tension was reignited by Washington’s decision to require export licenses for technology sales to […]
Tags: Hong Kong, Business, News, Washington, Wall Street, Ap, Beijing, Sydney, Tokyo, Huawei, Nation & World, Shanghai Seoul

Analysis: China's latest trade war card isn't as strong as Beijing thinks

Chinese President Xi Jinping's actions this week have been rich with symbolism.
Tags: News, China, Beijing, Xi Jinping, Stories

China's latest trade war card isn't as strong as Beijing thinks

Chinese President Xi Jinping's actions this week have been rich with symbolism.
Tags: China, Cnn, Beijing, Xi Jinping

China's Tariff List Advertises Its Trade War Weakness

Unless Chinese leader Xi Jinping and his advisors are completely incompetent, there’s only one way to interpret Beijing’s list of U.S. products that will be slapped with retaliatory tariffs on June 1 if the trade war with the United States isn’t somehow deescalated pronto: China increasingly realizes that it’s playing a losing hand in the trade war, and its counter-moves have been made mainly for public consumption in China.After all, the ostensible purpose of retaliation is inflicting enough pa...
Tags: News, China, Beijing, United States, Xi Jinping, Quartz, People 's Republic

U.S. warship sails in disputed South China Sea amid trade tensions

The U.S. military said one of its warships sailed near the disputed Scarborough Shoal claimed by China in the South China Sea on Sunday, a move likely to anger Beijing at a time of tense ties between the world's two biggest economies. The U.S. destroyer Preble carried out the operation, a U.S. military spokesman told Reuters. "Preble sailed within 12 nautical miles of Scarborough Reef in order to challenge excessive maritime claims and preserve access to the waterways as governed by internatio...
Tags: News, China, Beijing, South China Sea, Clay Doss, Preble, Reuters Preble, Scarborough Reef

China wants us to forget the horrors of Tiananmen as it rewrites its history | Louisa Lim and Ilaria Maria Sala

The state is enforcing a collective amnesia about not only recent political events but those that happened thousands of years agoRemembering the deaths of 4 June 1989 is no neutral task. It is a civic duty, a burden and an act of resistance in countering a state-level lie that risks spreading far beyond China’s borders.On that day the Communist party sent tanks to clear protesters from Tiananmen Square in the centre of Beijing, killing hundreds of people, maybe more than a thousand. In the inter...
Tags: Protest, China, UK News, World news, History, Beijing, Asia Pacific, Tiananmen Square protests 1989, Tiananmen Square, Tiananmen, Louisa Lim, Ilaria Maria Sala

Luckin, a Starbucks rival in China, jolts higher in US debut

NEW YORK (AP) — Luckin Coffee, a fast-growing rival to Starbucks in China, jolted higher in its U.S. stock market debut Friday. The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in China by the end of […]
Tags: Business, New York, News, China, US, Ap, Beijing, Starbucks, Luckin

I.M. Pei's legacy stretched from the West to the East

BEIJING (AP) — The legacy of American architect I.M. Pei stretches from west to east, from the Louvre museum to his native China, where he helped fuse tradition and modernity as the country opened up after the Cultural Revolution.
Tags: News, China, Ap, Beijing, West, Louvre, Pei

No Longer a Trade Tiff: China Screams ‘People’s War’

“People’s war.” That’s the Communist Party’s new term for the trade dispute with the United States.The Global Times, the party’s nationalist tabloid, used that phrase on the May 13, but China’s leaders obviously approved of the rhetorical escalation. Both People’s Daily, the self-described “mouthpiece” of China’s ruling organization, and the official Xinhua News Agency carried the piece to wider audiences.There seems to be a mismatch in perceptions. President Donald Trump, in comments to reporte...
Tags: News, China, America, Beijing, United States, Treasury, Donald Trump, Trump, Communist Party, Xinhua News Agency, Global Times, People 's Daily, Steven Mnuchin

China, Iran foreign ministers meet amid Middle East tensions

BEIJING (AP) — The foreign ministers of China and Iran have met in Beijing amid heightened Middle East tensions and efforts by Tehran to keep its world markets open. Wang Yi, whose country has been a major customer for Iranian oil, held talks with Mohammad Javad Zarif at the Diaoyutai state guesthouse on Friday. The […]
Tags: News, China, Iran, Ap, Beijing, Middle East, Tehran, Wang Yi, Mohammad Javad Zarif, Nation & World, China Iran, Diaoyutai

I.M. Pei’s legacy stretched from the West to the East

BEIJING (AP) — The legacy of American architect I.M. Pei stretches from west to east, from the Louvre museum to his native China, where he helped fuse tradition and modernity as the country opened up after the Cultural Revolution. Pei, who died earlier this week at the age of 102, added elegance to landscapes worldwide […]
Tags: News, China, Ap, Beijing, West, Nation, Louvre, Pei, Nation & World

As Trade War Rages, China’s Sway Over the U.S. Fades

Beijing once could count on allies in business and politics to help get its way. Now many of its old allies are staying on the sidelines.
Tags: News, China, General Motors, Corporations, Beijing, Xi Jinping, World Trade Organization, Currency, Automobiles, Apple Inc, Trump, General Electric Company, Google Inc, Caterpillar Inc, Communist Party of China, ZTE Corp

HP OMEN X 2S world’s first dual-screen gaming laptop, new OMEN and Pavilion gaming laptops announced

At the HP Gaming Festival in Beijing, HP announced a range of OMEN and HP Pavilion Gaming laptops which included the world’s first dual-screen gaming laptop OMEN X 2S. It is a first of its kind laptop with liquid metal compound cooled CPU and will go on sale in July 2019. HP OMEN X 2S is the world’s first dual-screen gaming laptop and comes in either 15-inch 1080p or 4K display options. The second screen is a 6-inch 1080p touchscreen mounted above the keyboard.  The display has a refresh ra...
Tags: News, Hp, Blogging, Beijing, Nvidia, Intel Core, HP Omen X 2s, HP dual screen laptop, World’s First Dual-screen Gaming Laptop, HP Pavilion Gaming

Chinese authorities say 17 people trapped in flooded mine

BEIJING (AP) — Chinese authorities say 17 people have been trapped in a flooded iron mine in the country’s northeast. The accident comes a day after 10 people were killed when a building being refurbished in the financial hub of Shanghai collapsed. The incidents underscore continuing problems with occupational safety despite a government drive to […]
Tags: Business, News, Ap, Beijing, Shanghai

China's US Treasury holdings lowest since 2017

China's US Treasury holdings fell in March to their lowest level in two years, with Beijing trimming its lending to the United States amid a protracted trade war, government data shows. In March, China's Treasury holdings fell by $10.4 billion to $1.12 trillion, the lowest level since May 2017, according to Treasury Department data released Wednesday.
Tags: News, China, Beijing, United States, Treasury, US Treasury, Treasury Department