BEIJING (Reuters) – China told France on Monday it would buy more of its farm produce, hinted at future Airbus purchases and pledged to work on market access, shoring up its trade ties with Europe amid the increasing danger of a tariff war with the United States. Chinese Premier Li Keqiang told French Prime […]
Tokyo says it will spend millions of dollars on fishery facilities in a remote island chain Japan said Monday it will provide 2.5 billion yen (US$23 million) in aid to Indonesia for the development of fishery facilities on remote islands, at a time when China’s clout in the region is increasing. The signing of a […]
MANILA, Philippines — China’s blocking of exploration of possible power sources in the South China Sea by the Philippines has weakened the country’s energy security, maritime experts said. “The Philippines has been eager to tap natural gas reserves beneath Reed Bank for over a decade but has been stymied by Chinese opposition,” wrote Bonnie Glaser, […]
‘I don’t hate America or dislike America,’ new Chinese green card holder Brent W says. ‘I just love China and Chinese people a lot more’ Eight years ago, he moved to China from the southeastern US state of Florida to take a job as a chief representative with an online Hong Kong company. Today, he […]
BEIJING (Reuters) – China must lead the way in reforming global governance, the foreign ministry on Saturday cited President Xi Jinping as saying, as Beijing looks to increase its world influence. China has sought a greater say in global organizations such as the World Bank, the International Monetary Fund and United Nations, in line with […]
As tensions escalate over which nations should control the South China Sea, Malaysia is embarking on a military buildup. The buildup comes as new Prime Minister Mahathir Mohamad defeated last month incumbent Najib Nazak, who was viewed as being too soft on China. Chinese ships have encroached in oil-rich waters and fishing grounds claimed by […]
The idea that a trade war between US and China is good for the dollar is complete nonsense, according to investor Peter Schiff. He believes that greenback will only depreciate. “The thinking is – at least when it comes to trade – is that the dollar is going to benefit from a trade war, which […]
Picking a fight with a trading partner seems like a bad idea, but it’s not necessarily irrational. Probing a partner’s weaknesses can be an effective way to get a better trade deal, according to game theory, the branch of mathematics that deals with strategy. It sometimes makes sense for countries to “test each other’s resolve,” […]
Russia’s economic development minister revealed Tuesday that his government was prepared to side with China in a burgeoning global trade war with the U.S. President Donald Trump’s protectionist trade policies have led China and the European Union to hit back at new U.S. tariffs intended to discourage foreign purchases of steel and aluminum. As a […]
Anson Au says the Trump administration’s anti-Chinese and anti-science biases are producing policies and a working environment that are pushing away talent in research and development, and it is China that will benefit Xenophobia and racial discrimination have taken centre stage in the US amid a whirlwind of political decisions made by the Trump administration. […]