China boosts self-reliance as trade war rolls on

Credit to Author: Agence France-Presse| Date: Thu, 12 Dec 2019 12:00:52 +0000

BEIJING: Whether Beijing and Washington reach a trade deal or not, China is already speeding up efforts to break its reliance on a country that is one of its biggest economic partners, but also its biggest adversary. The effort has gained greater urgency for Beijing after more than a year and a half of protracted […]

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China says trade envoys agree on phone to talks

Credit to Author: Associated Press| Date: Tue, 26 Nov 2019 13:00:44 +0000

BEIJING: Top Chinese and US trade negotiators have agreed to talks on a preliminary deal for resolving the tariff war between the world’s two largest economies, the Chinese Commerce Ministry said on Tuesday. In a brief notice, the ministry said that Vice Premier Liu He and other senior officials spoke by phone with US Trade Representative […]

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‘US-China trade war could spark real war’

Credit to Author: Agence France-Presse| Date: Thu, 21 Nov 2019 16:18:04 +0000

BEIJING: Former US secretary of state Henry Kissinger warned on Thursday that an armed conflict could break out between the United States and China if they fail to resolve their trade war. The sober remarks from Kissinger, who was instrumental in normalizing diplomatic relations between Washington and Beijing, came at a conference in Beijing on […]

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Pact delay drags PSEi for 2nd day

Credit to Author: Tyrone Jasper C. Piad| Date: Thu, 21 Nov 2019 16:15:23 +0000

THE stock market plunged for a second straight day on worries that an interim trade agreement between the United States and China would not be signed. The benchmark Philippine Stock Exchange index (PSEi) shed 1.002 percent or 79.17 points to finish at 7,818.89, while the wider All Shares slid 0.99 percent or 46.64 points to […]

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US extends license for businesses to work with Huawei by 90 days

Credit to Author: Agence France-Presse| Date: Tue, 19 Nov 2019 14:00:36 +0000

WASHINGTON, D.C.: The United States on Monday (Tuesday in Manila) granted another 90 days for companies to cease doing business with China’s telecommunications giant Huawei, saying the move would allow service providers to continue to offer coverage in rural areas. President Donald Trump in May effectively barred Huawei from American communications networks after Washington found that the company […]

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Stocks fall for 3rd day on fresh trade war fears

PHILIPPINE shares skidded for the third day on Friday on fears of a renewed trade war between the United States and China, with China markets falling into bear territory. As of the noon break, the bellwether Philippine Stock Exchange index (PSEi) dropped 1.13 percent or 86.06 points to 7,552.65 while the broader All Shares declined 0.62 percent or 28.71 […]

The post Stocks fall for 3rd day on fresh trade war fears appeared first on The Manila Times Online.

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China accuses Trump of ‘blackmail’ after new tariffs threat

BEIJING: Beijing on Tuesday accused Donald Trump of “blackmail” and warned it would retaliate in kind after the US president threatened to impose fresh tariffs on Chinese goods, pushing the world’s two biggest economies closer to a trade war. Trump said on Monday he had asked the US Trade Representative to target $200 billion worth […]

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