23 h. ago Can Scott Bessent see China’s trade counterstrike with clear eyes?

After a video call last Saturday, US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng are expected to meet in Malaysia this week to hopefully ease tensions before US President Donald Trump and President Xi Jinping potentially meet on the sidelines of this year’s Apec summit. The meeting was in doubt when Trump threatened to impose an additional 100 per cent tariff on China, despite later relenting that it might not be sustainable. Washington blamed Beijing for the escalation,...

Events

3 d. ago Taiwan's main opposition party elects new leader in a race clouded by claims of China meddling

Taiwan's main opposition party elects new leader in a race clouded by claims of China meddling  The Washington Post

Politics

4 d. ago Top US and China envoys set trade talks after ‘constructive’ phone call

Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent held a phone call on Saturday morning and stated that trade negotiators from their countries would meet next week. “This evening, Vice-Premier He Lifeng and I engaged in frank and detailed discussions regarding trade between the United States and China,” Bessent wrote on social media on Friday evening in Washington. “We will meet in person next week to continue our discussions.” In a separate read-out, China described He’s...

Politics

4 d. ago Top US and China envoys set trade talks after ‘constructive’ video call

Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent held a video call on Saturday morning and stated that trade negotiators from their countries would meet next week. “This evening, Vice-Premier He Lifeng and I engaged in frank and detailed discussions regarding trade between the United States and China,” Bessent wrote on social media on Friday evening in Washington. “We will meet in person next week to continue our discussions.” In a separate read-out, China described He’s...

Politics

4 d. ago Hong Kong to navigate trade war with supply chains, says Paul Chan in US

Hong Kong will adjust to navigate lingering geopolitical tensions, welcoming new growth in supply chains, financial services and innovation, the finance chief has vowed while promoting the city’s opportunities in the United States. Financial Secretary Paul Chan Mo-po made his remarks at the end of his first in-person visit to Washington since 2019, as a fresh phase of the US-China trade war looms, with Hong Kong caught in the rivalry. “Geopolitical tensions will continue to be there for quite...

Events

4 d. ago Hong Kong to navigate trade war with new strategies, Paul Chan says in US

Hong Kong will adjust to navigate lingering geopolitical tensions, welcoming new growth in supply chains, financial services and innovation, the finance chief has vowed while promoting the city’s opportunities in the United States. Financial Secretary Paul Chan Mo-po made his remarks at the end of his first in-person visit to Washington since 2019, as a fresh phase of the US-China trade war looms, with Hong Kong caught in the rivalry. “Geopolitical tensions will continue to be there for quite...

Events

4 d. ago Hong Kong will navigate trade war with new strategies, Paul Chan says in US

Hong Kong will successfully navigate protracted geopolitical tensions, serving as a supply chain hub while providing financial services and innovation, the finance chief has said after a visit to the United States where he promoted the city. Financial Secretary Paul Chan Mo-po offered the upbeat assessment in an interview with the Post at the end of his first visit to Washington since 2019, with a fresh phase of the US-China trade war looming and Hong Kong caught up in the rivalry. “Geopolitical...

Events

4 d. ago Opinion | Trump’s approach to Middle East diplomacy won’t work with China

Opinion | Trump’s approach to Middle East diplomacy won’t work with China  The Washington Post

Politics

5 d. ago Micron to cease server memory chips business in China after ban, sources say

Micron Technology plans to stop supplying server memory chips to data centres in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, according to two people briefed on the decision. Micron was the first US chipmaker to be targeted by Beijing – a move that was seen as retaliatory for a series of curbs by Washington aimed at impeding tech progress by China’s semiconductor industry. Since then, both Nvidia and Intel have...

Politics

5 d. ago Carney walks fine line between Washington, Beijing as Ottawa weighs EV tariffs

Canadian Prime Minister Mark Carney on Thursday said he expects to meet senior Chinese leaders in the “coming month or so” as part of a broad re-engagement with Beijing, but declined to say whether Ottawa will lift tariffs on Chinese electric vehicles. “We are in the process of having those discussions on a much broader range of issues than single sectors and single trades,” Carney said at a press conference. “And when we look at the auto sector, we take into account the dynamics with the United...

Politics

5 d. ago The squeeze is on: Beijing and Washington flex muscles as narrative war heats up

As China and the United States accuse each other of provoking the latest escalation in trade tensions and disrupting the world economy, analysts say both share a goal in their war of words: applying maximum pressure until a deal is struck. In the past few days, Washington has framed the recent flare-up in relations as “China versus the world”, with US Treasury Secretary Scott Bessent suggesting on Wednesday that Beijing’s restrictions on the export of rare earth elements unveiled last week made...

Events

5 d. ago US ‘overstretching’ national security fears by threatening HKT, Hong Kong says

The United States is “overstretching the concept of national security” with its threat to oust HKT International from the country’s telecommunication network, Hong Kong authorities have said. Political commentators also warned on Thursday that Beijing would interpret the move as Washington using the city as a “chess piece against China”. Hong Kong’s Office of the Communications Authority said the government “strongly disapproves of the United States’ overstretching the concept of national...

Events

6 d. ago Beijing calls Washington biggest source of risk in South China Sea

Beijing calls Washington biggest source of risk in South China Sea  China Daily

Events

7 d. ago ‘You're killing us': MD soybean farmers lose business from China amid trade war

‘You're killing us': MD soybean farmers lose business from China amid trade war  NBC4 Washington

Events

7 d. ago China sanctions Hanwha’s US affiliates amid escalating Beijing

China sanctions Hanwha’s US affiliates amid escalating Beijing-Washington trade dispute  The Korea Economic Daily Global Edition

Politics

8 d. ago China sanctions five Hanwha Marine firms as Beijing and Washington trade blows

China sanctions five Hanwha Marine firms as Beijing and Washington trade blows  Tradewinds News

Politics

8 d. ago China sanctions 5 US subsidiaries of South Korean shipping giant

Beijing has announced sanctions against five US-based subsidiaries of the South Korean shipping giant Hanwha Ocean, accusing the firm of cooperating with Washington in its curbs on China’s maritime sector, according to a statement from the Ministry of Commerce on Tuesday. “Hanwha’s US-based subsidiaries have assisted and supported the US government in conducting the 301 investigation and imposing measures against China’s maritime, logistics and shipbuilding industries. China expresses strong...

Politics

1 week ago Trump announces new 100 percent tariffs on China, may cancel Xi meeting

Trump announces new 100 percent tariffs on China, may cancel Xi meeting  The Washington Post

Politics

1 week ago Trump threatens tariffs on China, says he may cancel meeting with Xi

Trump threatens tariffs on China, says he may cancel meeting with Xi  The Washington Post

Politics

1 week ago ‘Make China buy’: US soybean farmers, tired of trade war ‘blows’, push Trump to act

As Washington moves to cushion the blow of China’s retreat from buying US soybeans with potential financial aid and efforts to diversify export markets, American farmers say they welcome the help but would rather see Chinese orders return. “This year is almost gone for soy farmers because they have a big harvest but no orders from China,” a farmer from Nebraska said on condition of anonymity. “Farmers prefer to return to the normal days of stable orders, from China and elsewhere, and stay free...

Politics