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Trade War - SERIES 172 {18 articles}

Australia looks for boost from Chinese trade war stimulus

9/25/2018, 7:46:10 AM
After 27-year growth run, the economy is weaker than it seems ✔ As U.S. President Donald Trump escalated tariffs to $250 billion this month and China fired back with its own -- totaling less than half of those from the U.S. -- Premier Li Keqiang told the World Economic Forum in Tianjin that the government would build on its massive measures to reform the economy


China says trade war to 'certainly' hurt U.S. exporters, create...

9/25/2018, 3:04:40 AM
China is being forced to retaliate against the United States in their trade disp... ✔ FILE PHOTO: A container truck moves past containers at the Yangshan Deep Water Port in Shanghai, China April 24, 2018 ✔ Beijing said it was willing to restart trade negotiations with Washington if the talks are based on mutual respect and equality, according to a white paper on the dispute published by the State Council, or cabinet, on Monday ✔ The United States stands to gain more from Sino-U.S ✔ Our Standards:The Thomson Reuters Trust Principles


'No one can take us down,' China's state-run media claims as trade war heats up

9/25/2018, 4:56:16 AM
Chinese state-run media outlets warned that U.S. trade pressures against the country would not only strain both nations' bilateral relations but could negatively affect the American economy and global markets. ✔ The US' unilateral trade moves have not only damaged normal China-US trade activities, but also could stunt world economic growth, the state-controlled newspaper reported ✔ So if the Trump administration continues to stick to its unilateral and protectionist stance, and refuses to respect the fundamental norms of mutual respect and consultation, it would be difficult for the two sides to make substantial progress in any future trade talks ✔ CNBC's Nyshka Chandran contributed to this report


US approves $330m military sale to Taiwan

9/25/2018, 7:13:10 AM
The self-ruled island, which Beijing considers part of its territory, will receive parts for military aircraft. ✔ Taiwan's presidential office said the island's government would continue to increase its defence investment and maintain close communication and cooperation with the US on security issues ✔ China-US dispute The approval of the sale comes amid heightened tensions between China and the US over a range of issues ✔ What's the endgame in the US-China trade war


Problems likely to build in US realty market on trade tensions

9/25/2018, 2:16:47 AM
The US real estate sector may suffer more severely than its counterpart in China if the trade dispute between the United States and China gets more serious, said Robert McKellar, Asia-Pacific region executive chairman with international real estate services provider Savills. ✔ However, he is still positive about China's real estate market, believing that the country is the most promising one for property investment in the Asia-Pacific region ✔ Revenue from residential sales rose almost 15 percent over the same period, compared with a 3.2 percent drop in revenue from office realty sales and a 5.7 percent increase in that from commercial property sales


China reveals its new party line: We're trying to save the world from the US

9/25/2018, 5:51:29 AM
China has hit out against the U.S. in a 71-page white paper, accusing President Donald Trump's administration of "trade bullyism practices" that have become "the greatest source of uncertainty and risk for the recovery of the global economy." ✔ A 'knife to China's neck' The two largest economies in the world have tried to find common ground on trade and business policy disputes, but several rounds of negotiations in recent months have not produced any breakthroughs ✔ I'm not so sure that the U.S. side is well aware of what is actually going on and how to best deal with the Chinese, he added


Commodity stocks and Next rally support European shares

9/25/2018, 7:48:15 AM
European shares were supported in early trading on Tuesday by gains among commod... ✔ The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 24, 2018 ✔ REUTERS/Staff The pan-European STOXX 600 rose 0.1 percent by 0720 GMT, recovering part of the losses suffered in the previous session when worries over a protracted U.S.-Sino trade war sparked profit-taking ✔ Our Standards:The Thomson Reuters Trust Principles


Donald Trump turns his fire on western boardrooms

9/25/2018, 2:09:12 AM
undefined ✔ He told visitors that he understood Americans because he had watched both The Post (about the Pentagon Papers) and Three Billboards Outside Ebbing, Missouri (about the enraged mother of a murdered girl) ✔ It is about more than trade, but the close commercial ties between the north and the south are key to the story (FT)  The EU laid its cards on the table over World Trade Organization reform last week


China says US trying to force it to submit on trade as new tariffs kick in

9/25/2018, 12:05:12 AM
undefined ✔ News of Beijing's decision to skip the talks pushed China's yuan currency down 0.3 percent on Monday in offshore trade, reinforcing investors' fears that both sides are digging in for a long fight ✔ Some analysts say there is also a risk that China could allow its currency to weaken again to cushion the blow to its exporters


US benefits more than China in bilateral trade, official says

9/25/2018, 3:37:36 AM
Cooperation is the only right choice for US-China trade, Guo Weimin, deputy director of China's State Council Information Office, told the press conference on Tuesday in Beijing. ✔ The State Council Information Office of China holds a press conference to discuss a white paper about facts and Beijing's perspectives regarding trade frictions with the US released on Monday ✔ China to open its doors to all LNG suppliers, official says As Sino-US trade tensions escalate, China said it will open its doors to all suppliers of liquefied natural gas around the world


China says hard to proceed on trade with US putting 'knife to its neck'

9/25/2018, 4:54:32 AM
Asia-focused English-language publication that brings you insights about business, finance, economic and political news, comments and analysis for Asia, by Asia on asia.nikkei.com ✔ talks in recent months have appeared to produce no breakthroughs and fresh negotiations which had been expected in coming weeks have been cancelled after Beijing reportedly decided late last week not to send a delegation to Washington ✔ Try 3 months for $9 Offer ends September 30th


China says can't hold US trade talks with 'knife to the throat'

9/25/2018, 5:34:54 AM
Beijing says it is open to negotiations but that the two sides must treat each other 'equally and with respect'. ✔ 'Support for exporters' The trade fight between the top two economic giants has steadily escalated through the summer, as the US levied two waves of new tariffs that have now hit about $250bn worth of goods, roughly half of China's exports to the United States


Trump pressures Japan to open bilateral trade talks

9/25/2018, 4:09:41 AM
undefined ✔ On Sunday night, Donald Trump held a working dinner with Shinzo Abe, the Japanese prime minister ✔ is a priority for us, one senior White House official said last week ✔ Abe can say ‘no’, but it is all in the way he says ‘no’ ✔ He has to give something up and it depends on what he can get away with


Philippines' Duterte lifts nontariff barriers to fight inflation

9/25/2018, 7:32:01 AM
President imposes new measures as price hikes dent popularity and squeeze growth ✔ According to the government, three food categories -- fish and seafood, rice and meat, and vegetables -- accounted for 2.4 percentage points of the 6.4% inflation rate in August, the highest proportion in nearly a decade ✔ Try 3 months for $9 Offer ends September 30th


Beijing pushes ahead with opening up its financial sector despite trade tensions

9/25/2018, 5:22:38 AM
Premier Li Keqiang says he expects that in three years, qualified foreign companies can get full businesses licenses and sole ownership of companies in China's financial industry. ✔ Trade frictions aren't having a major impact right now, Liu Shijin, vice chairman of the state-directed China Development Research Foundation, said in Mandarin during a panel on Sept ✔ The implementation timeline remains negotiable, said Chantal Grinderslev, senior advisor and director of operations at Z-Ben Advisors


China says U.S. putting 'knife to its neck', hard to proceed on trade

9/25/2018, 7:16:24 AM
official said on Tuesday it is difficult to proceed with trade talks with the Un... ✔ If this continues, it will destroy in an instant the gains of the last four decades of China-U.S ✔ FILE PHOTO: Chinese Vice Commerce Minister and Deputy China International Trade Representative Wang Shouwen leaves a news conference in Beijing, China, April 4, 2018 ✔ Our Standards:The Thomson Reuters Trust Principles


Tuesday briefing: Third woman expected to accuse Trump court pick

9/25/2018, 6:00:32 AM
US president faces a fight to save Brett Kavanaugh from more allegations … May banks on immigration plan to woo faithful … and yoga’s YouTube star ✔ Donald Trump’s attempt to cement a conservative hold on the US supreme court has run into fresh difficulty after a third woman came forward and is expected to accuse the president’s nominee, Brett Kavanaugh, of sexual misconduct ✔ One prosecutor attending the course said they were told that removing 350 weak cases would see the overall conviction rate rise ✔ If you are not already receiving it by email, you can sign up here


History shows cooperation best policy - Opinion

9/25/2018, 12:13:48 AM
undefined ✔ [Photo/VCG] US President Donald Trump has announced additional tariffs on another $200 billion worth of Chinese products, initially set at a level of 10 percent starting Sept 24, 2018, which will then rise to 25 percent on January 1, 2019, and thus further escalate the US-China trade conflict ✔ As a matter of fact, before the tariff war began early this year, the US-China Business Council expected US exports of goods and services to China to double by 2026, reaching a total of $369 billion, and further expand to $520 billion by 2050


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