China

No US, no problem! Russia-China trade set to double & reach $200 billion soon
The trade volume between Russia and China is expected to continue to accelerate and reach new heights, doubling the current record level of $108 billion, the Russian economy ministry says. [...]
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Huawei dominates global race to 5G, inking over 50 contracts despite US crackdown
Chinese telecom giant Huawei has secured more than 50 commercial contracts for 5G across the world, according to the company’s board member and Senior Vice President Catherine Chen, who was cited by news agency Xinhua. [...]
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Trump: My Plan B With China on Trade is to Reduce Business With China
The president earlier threatened to slap tariffs on the remaining $300 billion in Chinese goods coming into the United States unless Chinese President Xi Jinping agreed to meet with him at the G20 meeting in Osaka, Japan to hammer out a trade deal favourable to Washington. [...]
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Dollar dump? Russia & China agree to bilateral trade in national currencies during Putin-Xi meeting
Russia and China took another step away from the US dollar after the two countries agreed to develop bilateral trade using the ruble and the yuan. It was just one of the major deals reached after the presidents of the two countries, Vladimir Putin and Xi Jinping, held talks in Moscow on Wednesday. [...]
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Global recession within less than a year if Trump escalates trade war – Morgan Stanley
The worsening trade conflict between the world’s two largest economies, the United States and China, could send the global economy into recession within three fiscal quarters, research by investment bank Morgan Stanley has found. [...]
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Fall of empire? German businesses find China a more trustworthy partner than US or Britain
China has managed to outperform the US and the UK in a German ranking of the world’s most reliable trade partners, compiled from the latest survey of 2,000 German companies by Frankfurt-based Commerzbank. [...]
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Tit-for-tat: Beijing to draft ‘blacklist’ of foreign companies harming interests of Chinese firms
The Commerce Ministry of China has pledged to create a list of foreign individuals, corporations and institutions that are considered “unreliable” or that violate the interests of Chinese businesses, state media reports. [...]
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China’s retaliatory tariffs on $60bn of US products kick in
China’s tariffs targeting $60 billion of American imports have taken effect as part of a tit-for-tat response to Washington’s trade war which saw Beijing slapped with extra levies on $200 billion worth of exports back in May. [...]
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Washington’s Huawei hypocrisy… US government is instrument of American corporations
US Secretary of State Mike Pompeo doubled down on vilification of Сhinese telecoms giant Huawei as “an instrument of government” suggesting that the company was a national security threat by acting as an agent for Beijing. [...]
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Analyst on Huawei Case: US Seems to Realize that China is Getting Ahead of Game
China's Foreign Minister Wang Yi said that Beijing will take all necessary measures to defend the rights and interests of Chinese companies. Sputnik talked about Huawei’s lawsuit against the US government with Andrew Leung, an independent China strategist based in Hong Kong. [...]
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Patriot games: Chinese dump iPhones & switch to domestic Huawei devices amid US crackdown
A growing number of former Apple devotees in China have started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing. The South China Morning Post reported that consumers were spurred by a rising “nationalist sentiment” to support the Chinese tech giant which has been blacklisted by the US. [...]
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US trade deficit soars to decade high of $621 billion despite Trump pledge to bridge the gap
Despite the trade war against China and numerous import tariffs imposed on a number of countries, the US trade deficit hit a 10-year high of $621 billion last year, the US Commerce Department reported. [...]
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‘Stupid economics’: Attack on Huawei tells world to avoid doing business with US – Prof. Wolff
The US has underestimated the consequences of the attack on Chinese telecom giant Huawei as it sends a strong signal for the rest of the world to avoid dealing with such an unstable partner, professor Richard Wolff believes. [...]
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Washington and Wall Street wake up to the reality that Beijing is happy to walk away
As Wall Street reels from the shock of a trade war exploding to new heights in the form of tariffs and counter tariffs, there’s another reality that is setting in — that China seems happy to walk away from trade talks. [...]
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After instigating trade war America will have to dance to China’s tune – investor Peter Schiff to RT
The lull in the US-China trade war amid new flaring tensions over the arrest of Huawei finance chief can only backfire at Washington as Beijing holds a trump card, veteran stockbroker Peter Schiff has warned. [...]
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Dow Jones Drops 400 Points After Trump Reveals New Tariffs for China
After US President Donald Trump said on Sunday that the US will hike tariffs on goods imported from China, Wall Street will start the week with a sharp selloff, as investor optimism about the possible conclusion of a trade deal with China in the near future has faded. [...]
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US sanctions boosted Chinese investment in Russia, Pentagon admits
The Russian economy has enjoyed increased Chinese investment as Western sanctions have pushed Beijing closer to Moscow, according to a report released by the US Department of Defense. Despite the 136-page document dedicated to China's armed forces and Washington's concerns over Beijing's growing clout, including its economic strength, the US military did not forget to mention Russia, with which Ch [...]
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‘A Very Big Gap’: China’s PLARF Outclasses US Missiles, Puts Carriers At Risk
The Chinese military is winning the conventional missile arms race, particularly for anti-ship missiles, and US commanders are frantically trying to come up with alternative strategies before US aircraft carriers become obsolete. [...]
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Five Eyes Out of Focus: Scholar on Why UK Defying US Warning, Embracing Huawei
The UK has approved the use of Huawei products in defiance of American threats to halt intelligence cooperation and the Five Eye's concerns. Speaking to Sputnik, Chinese academic Zhu Feng has explained London's rationale and cast doubt on Washington's apparent plan to ban Huawei worldwide. [...]
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Pentagon sounds alarm over military ‘expansion’ of China… which only has one base abroad
The Pentagon, whose military installations abroad dwarf those of China, is deeply worried about Beijing conspiring to build up such facilities across the world in order to protect the global One Belt, One Road project. [...]
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US Losing Global Leadership Role to Russia, China and Iran, German Media Claims
Earlier, speaking at the Munich Security Conference over the weekend, US Vice President Mike Pence boasted about "renewed American leadership on the world stage," while talking up sanctions against Russia, tough tariffs against China, 'confrontation' with Iran, and US intentions to withdraw from the INF Treaty. [...]
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Russia-China trade turnover hits record $100 billion
The volume of mutual trade between Russia and China finally reached $100 billion for the first time ever, according to Gao Feng, the Chinese commerce ministry's spokesman. [...]
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