13 h. ago France praises China Cognac progress, warns of unresolved issues

France praises China Cognac progress, warns of unresolved issues  CBS 19 News

Events

15 h. ago Pernod Ricard reaches agreement in China’s cognac dumping probe

Pernod Ricard reaches agreement in China’s cognac dumping probe  Investing.com

Politics

19 h. ago China spares major cognac makers from EU brandy dumping duties

China spares major cognac makers from EU brandy dumping duties  Reuters

Politics

3 d. ago China offers tax refund to French cognac makers amid EU brandy probe: source

Beijing has extended an olive branch to French cognac producers by promising a “significant” tax refund if they cooperate with its anti-dumping investigation into European Union brandy sold in China, according to an industry source with knowledge of the matter. Major brands Hennessy, Martell and Rémy Martin have been offered the terms, said the person, who spoke anonymously due to the sensitivity of the issue. To qualify, producers must agree to Beijing’s demands, commit to a minimum selling...

Economics

7 d. ago China, US reach agreement on export controls as trade talks bear fruit

China said on Friday that it would review and approve export applications for controlled items while the US would also remove some of its limits – confirming much-needed progress in trade talks centred on the two countries’ extensive, reciprocal export controls. Beijing and Washington have been in close communication since a two-day round of trade talks in London ended earlier this month, with both sides further confirming details of the framework solidified in those meetings, China’s Ministry...

Politics

7 d. ago US ‘close to 10 trade deals’ after China rare earth agreement reached – business live

US ‘close to 10 trade deals’ after China rare earth agreement reached – business live  The Guardian

Economics

7 d. ago US, China reach ‘understanding’, Xi to miss Brics summit: SCMP’s 7 highlights

We have selected seven stories from the SCMP’s coverage over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. White House says US reaches ‘understanding’ with China on rare earth shipments The United States and China reached a “framework” agreement on how to facilitate rare earth shipments, implementing a deal based on bilateral trade talks that started last month in Geneva,...

Politics

7 d. ago US, China reach ‘understanding’, Xi to miss Brics summit: 7 highlights

We have selected seven stories from the SCMP’s coverage over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. White House says US reaches ‘understanding’ with China on rare earth shipments The United States and China reached a “framework” agreement on how to facilitate rare earth shipments, implementing a deal based on bilateral trade talks that started last month in Geneva,...

Politics

8 d. ago Trump says US signed agreement with China; White House clarifies

The United States and China reached a “framework” agreement aimed at implementing a deal based on trade talks that started in Geneva, Switzerland last month, the White House said. The clarification came shortly after US President Donald Trump said that the US had signed a trade agreement with Beijing a day earlier, offering no further details. “Everybody, everybody wants to make a deal and have a part of it, right? I know [US Trade Representative Jamieson Greer] and [Commerce Secretary] Howard...

Politics

8 d. ago White House says US reaches ‘understanding’ with China on rare earth shipments

The United States and China reached a “framework” agreement on how to facilitate rare earth shipments, implementing a deal based on bilateral trade talks that started last month in Geneva, Switzerland, the White House said. “The administration and China agreed to an additional understanding for a framework to implement the Geneva agreement,” a White House official said. The understanding focuses on “how we can implement expediting rare earths shipments to the U.S. again”. Speaking in a Bloomberg...

Events

2 w. ago China’s C929 jet secures Western tech as manufacturer signs parts deals

China’s chief civilian aircraft maker has secured deals to buy Western-made parts for its first widebody jet – expected to resemble the Airbus A350 and Boeing 787 series – despite ongoing turbulence in trade and supply chains. The Commercial Aircraft Corporation of China (Comac) reached an agreement to work with French aerospace firm Safran on the development of the widebody C929’s brake controls, ice detection system, tyre pressure indicators and on-board oxygen system, according to reports...

Economics

3 w. ago Trump cannot hope to solve a China ‘problem’ he has misdiagnosed

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

3 w. ago Trump’s fundamental mistake is in seeing China as America’s problem

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

3 w. ago Exclusive: French cognac makers offer China minimum import prices to fend off tariffs

Exclusive: French cognac makers offer China minimum import prices to fend off tariffs  Reuters

Economics

3 w. ago Beijing hoping for closer ties with Vatican as pope names first Chinese bishop

China said it was willing to promote better relations with the Vatican after the appointment of the first Chinese bishop under the new pope. On Wednesday, the Vatican said Pope Leo had named Joseph Lin Yuntuan, 73, as an auxiliary bishop in Fuzhou, capital of the southwestern province of Fujian, on June 5. The appointment continues an agreement reached under Leo’s predecessor, Pope Francis, that bishops must be approved by both sides. The announcement was made on the same day that Beijing...

Economics

3 w. ago US stock futures lower after US and China reach trade agreement

US stock futures lower after US and China reach trade agreement  USA Today

Politics