Beijing on Thursday accused the United States of hypocrisy in response to accusations by President Joe Biden that China is “xenophobic” and “cheating” on trade. “I would like to ask him: are you talking about China or the US itself?” foreign ministry spokesman Lin Jian said, when asked about the comments. In a speech Wednesday […]
By Beiyi Seow The United States “will not accept” a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said Monday as she wrapped up high-level talks in China. Yellen has repeatedly warned about the risks of China’s excess industrial capacity during four days of meetings with […]
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...
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Former President Donald Trump expressed support for House Speaker Mike Johnson during remarks at Mar-a-Lago in Florida on Friday.Flanked by Johnson, Trump said that the congressional figure is "doing a, a really good job under very tough circumstances."While some Republicans strongly support the idea of approving more assistance for Ukraine as that Eastern European nation battles Russia, others staunchly oppose the prospect. Asked whether he would support a Ukraine aid bill if Johnson were to...
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...
United States Treasury Secretary Janet Yellen has told Chinese Premier Li Qiang that the ability to have difficult conversations has put the two economic superpowers on a more stable footing. At the start of a bilateral meeting in Beijing on Sunday, Yellen said that the two countries had a duty to responsibly manage a complex […]
A congressional report says Chinese firms are subsidized via tax rebates to export fentanyl raw materials
‘Bidenomics’ and Xi’s common prosperity share strikingly similar beliefs but because both economies are trade-linked and seek tech advancement, conflict becomes inevitable.
Beijing helping with drone production, space-based capabilities and ballistic missile productionChina is helping Russia undertake its biggest military expansion since Soviet times, ramping up sales of machine tools, microelectronics and other technology that Moscow is using to produce missiles, tanks, aircraft and other weaponry for its war against Ukraine, according to a US assessment.US officials are hoping the release of the intelligence will encourage European allies to press China, as the...
US Will Not Accept Another "China Shock", Yellen Says By Dorothy Li of The Epoch Times China commonly floods global markets with cheap products, and the United States will not allow this to threaten U.S. jobs, Treasury Secretary Janet Yellen said on April 8 as she concluded a return visit to China. After Bejing’s acceptance into the World Trade Organization, massive quantities of low-priced products exported from China killed about 2 million jobs in the United States and led to...
President Donald Trump officially announced his position on abortion on Monday, ending months-long speculation about how he would handle the issue should he be elected in November.