US-China

    • US adds eight Chinese firms to trade blacklist

      US adds eight Chinese firms to trade blacklist

      The US government widened its trade blacklist to include some of China’s top artificial intelligence startups, ratcheting up tensions ahead of high-level trade talks in Washington this week. The decision, which drew a sharp rebuke from Beijing, targets 20 Chinese public security bureaus and eight companies including video surveillance firm Hikvision, as well as leaders in facial recognition technology SenseTime Group Ltd and Megvii Technology Ltd.

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    • China warns of countermeasures if US puts missiles on its 'doorstep'

      China warns of countermeasures if US puts missiles on its 'doorstep'

      China threatened countermeasures on Tuesday if the United States deploys intermediate-range, ground-based missiles in Asia and warned US allies of repercussions if they allow such weapons on their territory. US Defence Secretary Mark Esper said on Saturday he was in favour of placing ground-launched, intermediate-range missiles in the region soon, possibly within months. Fu Cong, director general of the arms control department at China’s foreign ministry, said Beijing “will not stand idly by” and watch the United States base missiles in Asia.

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    • Latest US-China trade talks  increase uncertainty

      Latest US-China trade talks increase uncertainty

      US and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as “constructive”. The first face-to-face trade talks since a ceasefire was agreed last month amounted to a working dinner on Tuesday at Shanghai’s historic Fairmont Peace Hotel and a half-day meeting on Wednesday, before US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin flew out.

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    • Huawei says sales up 23% despite US controls

      Huawei says sales up 23% despite US controls

      Huawei’s sales rose by double digits in the first half of this year despite being blacklisted by Washington and its chairman, saying US pressure has “galvanised our people,” expressed confidence Tuesday the Chinese tech giant will “enter a new period of growth.” Sales in the six months through June rose 23.2% over a year earlier to 401.3bn yuan ($58.3bn), according to Liang. That was up from 2018′s full-year growth rate of 19.5%, but Liang warned Huawei will “face difficulties” in the second half.

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    • China's economic growth the lowest in 27 years

      China's economic growth the lowest in 27 years

      China released on Monday its second-quarter figures on Monday and they are showing that country's economy slowed to 6.2% - the weakest rate in at least 27 years, as the country’s trade war with the US remains still unsolved. The 6.2% growth from a year ago is in line with the expectations of analysts polled by Reuters, but is way lower than the 6.4% year-on-year growth in the first quarter of 2019.

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    • US, China resume trade talks

      US, China resume trade talks

      Top US and Chinese trade officials relaunched trade talks as Washington and Beijing work to iron out a trade deal after a two-month hiatus. According to American media, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan “to continue negotiations aimed at resolving the outstanding trade disputes” between the world’s two largest economies.

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    • US and China agree to continue tariff talks

      US and China agree to continue tariff talks

      The United States and China agreed on Saturday to restart trade talks and Washington will not levy new tariffs on Chinese exports, China’s foreign ministry said, raising hopes for the world’s two largest economies to resolve their trade war.

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    • Trump blacklists more China tech companies

      Trump blacklists more China tech companies

      The US Commerce Department has banned five more Chinese entities from buying US components just a week ahead of a high-stakes meeting between President Donald Trump and Chinese leader Xi Jinping at the G-20 summit this month, where lingering trade differences are to be discussed.

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    • China adds tariffs on $60bn of US goods

      China adds tariffs on $60bn of US goods

      China announced on Monday it was raising tariffs on $60bn of US goods in retaliation for the latest hike in US tariffs on its exports. The Finance Ministry in Beijing said the new penalty duties of 5% to 25% on hundreds of US products including batteries, spinach and coffee will take effect on 1 June.

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    • Crucial week for the US-China trade war

      Crucial week for the US-China trade war

      Chinese Vice Premier Liu He will travel to Washington for two days of trade talks this week, China said on Tuesday, setting up a last-ditch bid for a deal that would avoid a sharp increase in tariffs on Chinese goods ordered by US President Donald Trump. US officials have accused China of reneging in the past week on substantial commitments made during months of negotiations aimed at ending their trade war, prompting Trump to issue a new deadline to raise tariffs on $200 billion worth of Chinese goods to 25% from 10%.

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