Tag: trade war
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Indonesia Backs Xi’s Global Governance Initiative at BRICS Meet
Indonesian President Prabowo Subianto has thrown his support behind Chinese President Xi Jinping’s proposals at a BRICS virtual leaders’ meeting last night. The statement is aligning Southeast Asia’s largest economy more closely with Beijing’s call to defend multilateralism and reject ...
China Says Trade Grew in August, but Below Forecasts
China's exports expanded 4.4 percent year-on-year in August, official data showed Monday, as the world's second-largest economy navigated an uneasy trade war truce with the United States. The increase in China's overseas shipments last month fell below a Bloomberg forecast of ...
Xi Says China, Brazil Can Model ‘Self-Reliance’ for Global South
China's President Xi Jinping told his Brazilian counterpart Tuesday the two countries could set an example of "self-reliance" for emerging powers, as trade and geopolitical challenges mount. The two leaders have both sought in recent months to present their countries as ...
Trump’s New Tariff to Impact Indian Economy, Could Reshape Bilateral Ties
U.S. President Donald Trump's decision to slap harsh tariffs on Indian exports and a "penalty" on purchases of Russian weapons and energy will cost thousands of jobs and could fundamentally change the nature of bilateral ties, experts said Wednesday. Months of ...
China and U.S. Wrap First Day of Trade Talks
By Nioucha Zakavati with Beiyi Seow in Washington Chinese and U.S. officials wrapped the first day in a fresh round of talks in Stockholm on Monday, with the world's top two economies looking to extend a fragile trade truce in the ...
WEEK IN REVIEW: Sweden to Host Pivotal U.S.–China Trade Talks
Weihai Yamar Outdoors Product Co., a Chinese maker of camping equipment, was among the 25 entities sanctioned by the UK government for abetting undocumented immigration. The company’s production of small inflatable boats put it on the list with people-smuggling gangs and individuals accused of facilitating the movement of ...
U.S. and China Have ‘Positive’ Meeting at ASEAN Foreign Minister Talks
By Leon Bruneau and Jan Hennop U.S. Secretary of State Marco Rubio and Chinese top diplomat Wang Yi had a "positive" meeting in Malaysia on Friday, both sides said, in an apparent bid to ease tensions between the rival powers.
Rubio to Meet China’s Wang on Sidelines of ASEAN Talks
By Léon Bruneau U.S. Secretary of State Marco Rubio will meet his Chinese counterpart Wang Yi on Friday on the sidelines of an ASEAN foreign ministers' meet in Malaysia, the State Department said. The meeting ...
U.S. Targets Attempts to Dodge Trump Tariffs With China in Crosshairs
By Beiyi Seow As President Donald Trump ramps up tariff threats on U.S. trading partners, his administration is taking aim at a tactic said to be used by Chinese companies to dodge the levies by moving goods through third countries.
Rubio Departs for Whirlwind Asia Trip Overshadowed by Tariffs
By Léon Bruneau U.S. Secretary of State Marco Rubio departed for Malaysia on Tuesday for meetings with ASEAN allies, a trip that has been overshadowed by fears of a trade war. The brief trip to ...
After the Revolution, Bangladesh Warms to China as India Fumes
By Sheikh Sabiha Alam with Arunabh Saikia in New Delhi Protests in Bangladesh that toppled the government last year triggered a diplomatic pivot, with Dhaka warming towards China after neighboring India was angered by the ousting of its old ally Sheikh ...
China Says BRICS Not Seeking ‘Confrontation’ After Trump Tariff Threat
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after U.S. President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. "Regarding the imposition ...