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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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 [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
US cyber officials are attempting to put the squeeze on their European allies, saying they will have to reassess their ability to share information with them if they use Huawei in their 5G networks. [...]
There are suggestions that the US and China may now sign a trade agreement in May. However, it seems unlikely that this will be the great victory over China that Trump promised, as recent events indicate. [...]
Beijing has inked cooperation deals on its multi-trillion-dollar Belt and Road Initiative (BRI) with 17 Arab countries, state-run Xinhua News Agency reported, citing the results of a joint Sino-Arab forum. [...]
Italy’s endorsement of China’s global integration model – the Belt and Road Initiative – has caused ructions in the transatlantic alliance and also between members of the European Union delineating the bloc’s North-South divide. [...]
Almost any economist will tell you that fighting several trade wars simultaneously is a bad idea. Any diplomat will tell you that alienating your closest ally is ill-advised. However, the trade hawks in Washington seem to think they can bully both Europe and China at the same time. [...]
China will buy a total of 300 passenger jets from European aircraft maker Airbus as its US rival Boeing struggles in the aftermath of two deadly crashes involving its 737 MAX. [...]