China’s factory base cuts business costs, rolls out red carpet to foreign investors as trade war bites
By He Huifeng From South China Morning Post As the trade war hits Guangdong’s export businesses hard, the province cuts business costs, seeks foreign investment to stabilise the local economy Guangdong province, the centre of China’s export industry, is redoubling…
It’s not the right time to talk to China about trade war, Trump says, as he focuses on Nafta renegotiation
By Owen Churchill From South China Morning Post US president’s remarks made amid negotiations with Mexico over replacement for Nafta, the three-nation pact which also includes Canada US President Donald Trump said on Monday that now was “not the right…
These everyday items are set to get more expensive because of the trade war
By Michael Selby-Green From Business Insider President Donald Trump is proposing new 25% tariffs on Chinese imports. A hearing on the proposals starts in Washington on Monday. The US Chamber of Commerce said in written testimony that the new tariffs…
Why Europe is not ready to take sides in the US-China trade war
By Teddy Ng From South China Morning Post Despite a recent agreement between Washington and Brussels last month, China’s fears of being ‘stabbed in the back’ have yet to come to pass The European Union is not yet ready to…
China strikes back against latest US tariffs, targeting another $16 billion worth of imports
From WN China’s commerce ministry announced on Wednesday it would start imposing a 25% import duties on $16 billion worth of goods from the United States amid the escalating trade feud between the two countries, according to The Washington Post….
Trade war another blow for US beef exporters trying to regain foothold in China
By Sarah Zheng From South China Morning Post After Beijing ended a nearly 14-year ban on imports, tariffs may put pressure on US cattle farmers and meat The escalating US-China trade war will make it even tougher for US cattle…
China still focused on reducing debt, creating jobs despite trade row with United States
By Orange Wang, Sidney Leng From South China Morning Post Government will deepen ‘structural supply side reforms’ in second half of year, ‘firmly’ continue deleveraging China will remain focused on reducing debt and creating jobs despite the “clear changes” in…
China to speed up US$199 billion of domestic spending to protect growth during US trade war
By Frank Tang From South China Post Cutting debt remains an overriding priority but some fine-tuning allows Beijing to address a deceleration of investment in infrastructure China has decided to encourage government spending at home as a way to handle…
China blasts new US tariff threat, warns it will retaliate
From Newsmax China warned Tuesday it will retaliate against President Donald Trump’s latest tariff threat, fueling fears their escalating dispute could harm global trade and economic growth. The Commerce Ministry criticized Trump’s order to prepare tariffs on $200 billion of…
Taiwan welcomes Haiti president as China chips away at allies
By Jess Macy Yu From Reuters TAIPEI (Reuters) – Taiwan President Tsai Ing-wen welcomed the leader of the Caribbean nation of Haiti with a military salute on Tuesday on his first official trip to Taipei, as China ramps up the…
