China and the US

 China willing to resolve trade dispute with U.S.

China is willing to resolve its trade dispute with the United States through calm negotiations, Chinese Vice Premier Liu He said at a tech conference in Chongqing. According to him, Beijing resolutely opposes …

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 Trump explains why he delayed China tariffs

U.S. President Donald Trump said he is delaying some tariffs on Chinese imports ahead of the Christmas season to stem their potential impact on holiday shopping. "We’re doing this for the Christmas …

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Are U.S. recession concerns rising with trade war?

Goldman Sachs Group Inc. is raising concerns of a U.S. recession as the trade war with China intensifies, boosting the impact on economic growth, Bloomberg reported citing a research note. The U.S. investment bank said it no longer …

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Beijing sets yuan at its weakest level since 2008

China’s yuan inched up in early trade today, despite the central bank setting its official midpoint past the key seven to the dollar threshold for the first time since global financial crisis. The People's Bank of China (PBOC) …

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Oil prices climb on short-covering after decline

Oil prices rose more than 1% this morning as traders betting on falling prices bought back contracts to lock in profits after declines over the last three sessions due to the escalating trade tensions between China and United States. …

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 Putin reveals threat to global economy

The entire world will be affected if the United States and China fail to find a way out of the trade frictions, it is necessary to abandon the practice of politically motivated restrictions, Russian President Vladimir Putin …

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Huawei: U.S. patent curbs to hurt global tech

Chinese tech giant Huawei warned a U.S. senator’s proposal to block the company from pursuing damages in patent courts would be a "catastrophe for global innovation." According to the company’s chief legal …

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