Trump compares Fed chief with ‘enemy’ China
Washington – President Donald Trump reacted furiously on Friday after Federal Reserve Chair Jerome Powell linked the trade war with China to risks to the U.S. economy, asking whether the man he handpicked to run the U.S. central bank was … Continue reading Trump compares Fed chief with ‘enemy’ China
U.S. grants Huawei another 90 days to buy American
Washington – The United States will extend a reprieve that permits China’s Huawei Technologies to buy components from U.S. companies to supply existing customers, the Commerce Department said on Monday, but it also moved to add more than 40 of … Continue reading U.S. grants Huawei another 90 days to buy American
China, U.S. court ASEAN to strengthen Indo-Pacific ties
Bangkok – China and the United States are on a mission to strengthen ties with allies and expand their influence in Southeast Asia this week as their trade war enters a second year. US Secretary of State Mike Pompeo arrived … Continue reading China, U.S. court ASEAN to strengthen Indo-Pacific ties
U.S., China trade talks show no progress
Shanghai/Washington – U.S. and Chinese negotiators wrapped up a round of trade talks on Wednesday without visible signs of progress and put off their next meeting until September, extending an uneasy truce between the world’s two largest economies for at … Continue reading U.S., China trade talks show no progress
USA: Huawei’s research arm cuts jobs
Santa Clara/Hong Kong – China’s Huawei Technologies laid off more than two-thirds of the 850-strong workforce at its Futurewei Technologies research arm in the United States, after being blacklisted by the government. Futurewei, which has offices in Silicon Valley and … Continue reading USA: Huawei’s research arm cuts jobs