Wang Yi says recent improvements in ties face ‘disruptions’ amid threats of sanctions over support for Russia’s defence industryChina’s foreign minister, Wang Yi, has warned the US that the recent improvements in the two countries’ relations were being jeopardised by “disruptions” which could take them back to a “downward spiral” leading to rivalry, confrontation and even conflict.Wang was speaking at the start of a meeting in Beijing with the US secretary of state, Antony Blinken, at a time of...
A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China
By ELAINE KURTENBACH AP Business Writer A report by the American Chamber of Commerce in China says that simmering tensions between Beijing and Washington remain the top worry for U.S. companies operating in China. The survey of American companies said inconsistent and unclear policies and enforcement, rising labor costs and data security issues were other
Simmering tensions between Beijing and Washington remain the top worry for American companies operating in China, according to a report by the American Chamber of Commerce in China released Tuesday. The survey of U.S. companies said inconsistent and unclear policies and enforcement, rising labor costs and data security issues were other top concerns. It also []
Tensions between Beijing and Washington are the biggest worry for US companies in China, report says
TOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world. The Bank of Japan ended a policy meeting with no major changes, keeping its benchmark interest rate in a range of 0 to 0.1%. In March, it raised the key []
China produces about half of the world’s steel and sells it for less than half what U.S.-produced steel costs, administration officials said.
How the US handles its shaky relationship with China will affect the future of the world, says JPMorgan chairman and CEO Jamie Dimon."It's the thread from Ukraine, oil and gas, food, migration, all our relationships, the most important one being China," Dimon told Bloomberg's Emily Chang in an interview that aired Wednesday. "That is the most important for the future of the world.""And obviously Ukraine is affecting it. In fact, it's very hard to see really positive outcomes with China until the...
Investing.com-- US stock index futures edged higher Monday, recovering
A price floor means ex-president gets bonus even though Trump Media & Technology Group’s stock value has plummetedFormer president Donald Trump qualified for a bonus worth $1.2bn after shares in his social media company remained above a certain value despite falling sharply.Trump is poised to receive 36m additional shares in Trump Media & Technology Group (TMTG), owner of his Truth Social platform, under an “earn-out” windfall which boosts the paper value of his stake in the business to about...
By Shaun Tandon US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences “responsibly” as he went on a charm offensive ahead of expected tough talks. A day before meeting Beijing’s top brass to tackle thorny issues including Russia, Taiwan and trade, Blinken’s visit to Shanghai saw […]
Trump, who owns a majority stake in Trump Media and Technology Group, is due to receive an additional 36 million shares of the company on Tuesday.