By W.G. Dunlop US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via video teleconference Tuesday, in the first substantive talks between the superpowers’ defense chiefs in nearly 18 months. The United States has been working to strengthen defense cooperation with its allies in the Asia-Pacific region to counter China’s growing influence […]
US Treasury Secretary Janet Yellen says she and Chinese Vice Premier He Lifeng have agreed to launch exchanges on balanced economic growth, an effort partly aimed at addressing US concerns about China’s excess manufacturing capacity. After two days of economic talks in China’s southern export hub of Guangzhou, Yellen said she and He also agreed […]
U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage. “I think the Chinese realize how concerned we are about the implications of their industrial strategy for the United States, […]
GUANGZHOU, China (AP) — U.S. Treasury Secretary Janet Yellen said Saturday that upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing's economic model and trade practices put American companies and workers at an unfair competitive disadvantage. “I think the Chinese realize how concerned we are about the implications of their industrial strategy []
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
In a meeting organised by People Before Profit, the activist and author will deliver his talk at 7pm in St Columb’s Hall. Allen is the author of several books on US politics, foreign policy and Labour relations. These include, Vietnam the Last War the US lost, and his most recent book on the struggle for Trade Union rights within United Parcel Service. Allen has been active in radical politics for over four decades. Speaking ahead of the event on Wednesday evening in Derry, a spokesperson for...
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...
President Joe Biden and presumptive GOP nominee Donald Trump are now working to one-up each other with various tariff proposals despite both political parties enthusiastically backing free trade just a few years ago. The latest came on Wednesday, when Biden proposed tripling the import tariff on Chinese steel and aluminum, subject to an investigation by […]
The Biden administration on Friday assured the Philippines anew that the US commitment to the country’s defense is steadfast amid increasing concerns about provocative Chinese actions in disputed areas of the South China Sea.
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...
Chinese mouthpiece reports US stated both sides do not look to ‘decouple’.
‘Bidenomics’ and Xi’s common prosperity share strikingly similar beliefs but because both economies are trade-linked and seek tech advancement, conflict becomes inevitable.