GUANGZHOU, China, April 17 (Reuters) – China and Europe face a “slow motion train accident” as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group
U.S. officials said Chinese materials are filing critical gaps in Russia's defense production cycle and helping Moscow undertake the expansion of its defence industrial base.
WASHINGTON (AP) — China's burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight, highlighted by Treasury Secretary Janet Yellen during her five-day visit to China and seized on by former President Donald Trump in incendiary remarks on the campaign trail. China has sharply ramped up its production of cheap electric vehicles, solar panels, and batteries just as the Biden administration has pushed through legislation supporting...
On March 28, the Chinese Mission held the first Media Salon of 2024.
The occasional burst of candour from US diplomats provides a striking, air clearing difference to their Australian and British counterparts. Official statements about the AUKUS security pact between Washington, London and Canberra, rarely mention the target in so many words, except on the gossiping fringes. Commentators and think tankers are essentially given free rein to speculate, masticating More
DAILY MAIL COMMENT: China is not just any country. It is the ultimate surveillance state, obsessively watching its citizens and spying on the rest of the world.
Major Asia-Pacific markets traded mixed on Friday, with investors assessing economic data from Singapore and South Korea and ahead of China's awaited trade figures. Earlier, it was known that the
Turkey said it would impose trade restrictions on Israel starting Tuesday over the war in Gaza, covering a range of products including cement and steel and iron construction materials.The new measures come a day after Turkey said Israel had blocked its attempt to airdrop aid to Gaza."This decision will remain in place until Israel declares a ceasefire immediately and allows adequate and uninterrupted flow of humanitarian aid into Gaza," the trade ministry announced on social media.It attached a...
Manila says China's coast guard harassed local fishermen during a government food security mission last week in a disputed part of the South China Sea.Beijing, which claims most of the sea as its territory, said the Philippine vessels were "illegally" intruding at Iroquois Reef.The reef is situated at the southern end of Reed Bank in the northeastern part of the Kalayaan Island Group, which the Philippines claims as part of its province of Palawan. The feature is well within the the U.S. treaty...
‘Bidenomics’ and Xi’s common prosperity share strikingly similar beliefs but because both economies are trade-linked and seek tech advancement, conflict becomes inevitable.
Xi's Production Push Set To Fan Renewed Trade War By George Lei, Bloomberg markets live reporter and strategist US Treasury Secretary Janet Yellen implored Beijing’s top leaders during her four-day visit to refrain from boosting the country’s already vast manufacturing capacity and to focus on lifting domestic demand instead. That push, however, is in stark contrast to the priorities of President Xi Jinping, whose “new productive forces” slogan is now dominating the economic...