Tag Archives: China

Beijing, China | AFP | China warned Tuesday it would take unspecified countermeasures if the United States goes ahead with plans to deploy ground-based intermediate-range missiles in the Asia-Pacific region. The comments come days after US Defense Secretary Mark Esper said Washington was now free to deploy the weapons following its …

Shanghai, China | AFP |  China’s decision to let its currency weaken against the dollar on Monday sent global markets diving further into the red and provoked a Twitter tirade from US President Donald Trump. The deteriorating picture appeared to worsen as official Chinese media reported Beijing ceased purchases of …

Beijing, China | AFP | Beijing says it is ready to retaliate if President Donald Trump goes through with his threat to impose punitive tariffs on another $300 billion in Chinese goods on September 1. The 10 percent duties would extend Washington’s border taxes to almost every import from China, with …

  New York, United States | AFP | Earlier US tariffs enacted in President Donald Trump’s trade war with China have dealt only a glancing blow to consumers, but those announced Thursday are different. “This hits consumers straight on,” Steve Pasierb, president of the Toy Association, said in an interview. “This …

New York, United States | AFP |  Big US companies are accelerating efforts to move more of their supply chains from China to neighboring countries in light of Trump administration tariffs. Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia, …

Stockholm, Sweden | AFP | Sweden’s top court on Tuesday rejected a Beijing extradition request for a Chinese man accused of economic crimes because of risks of persecution and the death penalty in China. Qiao Jianjun, a former official of the Chinese state grain administration, is wanted by Beijing under a …

Why the new development could be bad news for the US, Europe and India Kampala, Uganda | ISAAC KHISA | As Russia’s President, Vladimir Putin, hosts more than 50 African presidents for the first-ever Russia-Africa Summit in Sochi on Oct. 24, top on the agenda will be how to sustain …

London, United Kingdom | AFP |  London summoned Beijing’s ambassador for a dressing down Wednesday in a rapidly escalating diplomatic feud over protests in Hong Kong as China told Britain to keep its “hands off” the city and “show respect”. The demonstrations sweeping the former British colony have also revived tensions …

Afreximbank says China and India have consolidated their positions as the continent’s single largest trading partners Kampala, Uganda | ISAAC KHISA | Africa’s output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period, according to the African Export-Import Bank’s latest report. The …

Washington, United States | AFP | The US trade war truce with China which could ease sanctions on Huawei has prompted a backlash from lawmakers over national security concerns amid confusion over how the deal may impact the Chinese tech giant. In the weekend agreement with his Chinese counterpart Xi Jinping …