China complains over end to Iran oil sanction waivers
Beijing – China’s Foreign Ministry said on Tuesday it has formally complained to the United States over its decision to end waivers on sanctions on Iranian oil imports, adding another fault line to already complicated Beijing-Washington ties.China is Iran’s largest … Continue reading China complains over end to Iran oil sanction waivers
MIT cuts ties with Chinese tech firms Huawei, ZTE
Boston – The Massachusetts Institute of Technology has severed ties with Huawei Technologies and ZTE Corp as U.S. authorities investigate the Chinese firms for alleged sanctions violations, the school said on Wednesday. MIT is the latest top educational institution to … Continue reading MIT cuts ties with Chinese tech firms Huawei, ZTE
China-U.S. trade talks ‘making a final sprint’
Shanghai – Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced “step-by-step” progress. Xi made the comments at a … Continue reading China-U.S. trade talks ‘making a final sprint’
Vietnam welcomes second Trump-Kim summit
Hanoi – Hanoi welcomes the second U.S. – North Korea summit, planned to take place in Vietnam by this month-end, the spokesperson of the Vietnamese foreign ministry said on Wednesday. In his State of the Union address on Tuesday night, … Continue reading Vietnam welcomes second Trump-Kim summit
US in discussion with North Korea
Washington – US President Donald Trump confirmed Sunday talks for the location of a second summit with North Korean leader Kim Jong-un are underway, after the two said last week they are ready to meet to further discuss Pyongyang’s denuclearization. … Continue reading US in discussion with North Korea
G20 summit : U.S., China agree on trade war ceasefire
Buenos Aires – China and the United States agreed to a ceasefire in their bitter trade war on Saturday at the G20 summit in Buenos Aores after high-stakes talks between U.S. President Donald Trump and Chinese President Xi Jinping. Trump … Continue reading G20 summit : U.S., China agree on trade war ceasefire
Wang: China ready to talk to Washington
Singapore – ‘When I hear words of praise, I fear that it is peng sha,’ Wang tells audience at Bloomberg New Economy Forum in Singapore China’s Vice-President Wang Qishan delivered unusually personal, off-the-cuff remarks in Singapore before his keynote address … Continue reading Wang: China ready to talk to Washington
Tencent Music seeks $2 billion in U.S. IPO
Shenzhen/New York – Tencent Music Entertainment Group, China’s biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing, according to three people close to the deal, down from the up to $4 billion that had been touted … Continue reading Tencent Music seeks $2 billion in U.S. IPO
US-China trade war also endangers Taiwan firms
Taipeh – Taiwanese businesses are weighing up whether to move manufacturing operations from the Chinese mainland if the US trade dispute worsens. Such a move would be hugely expensive, but the island’s companies are likely to be one of the … Continue reading US-China trade war also endangers Taiwan firms
US-China trade: Beijing responds
Beijing – Trade tensions between China and the US have been ramped up after Beijing responded to US plans for putting new taxes on hundreds of Chinese imports. China said it would place 25% trade tariffs on 106 US goods, … Continue reading US-China trade: Beijing responds