China News
The acting prime minister, Richard Marles, has condemned the “unsafe and unprofessional” behaviour of the Chinese military, saying a fighter jet released flares close to an Australian surveillance plane over the South China Sea. Australia’s defence forces expressed “concerns” about the incident in a statement, saying it posed a risk to Royal Australian Air Force…
Introduction: China’s economy expands at slowest pace in a year Good morning, and welcome to our rolling coverage of business, the financial markets, and the world economy. Growth across China’s economy has slowed to its lowest level in a year, as the trade war with the US has dampened activity. China’s GDP expanded by 4.8%…
China formalises removal of Li Chenggang from WTO role -Xinhua US-China trade tension fuelled by sanctions, rare earths curbs Trade ties figure in Xi-Trump summit set for October BEIJING, Oct 20 — China has formalised the new role of top trade negotiator Li Chenggang, dropping him from the post of permanent representative to the World…
Trade tensions between Beijing and Washington have intensified. China announced increased export controls on rare earths, while the U.S. threatened to raise tariffs to 100% and tighten software export restrictions. The Fourth Plenum, scheduled from 20 to 23 October, will outline China’s economic, political, and social agenda along with its development plans for the next…
President Donald Trump listed rare earths, fentanyl and soybeans as the US’s top issues with China just before the two sides return to the negotiating table and as a fragile trade truce nears expiration. “I don’t want them to play the rare earth game with us,” Trump said on Air Force One on Sunday, as…
China’s economic growth slowed to the weakest pace in a year in the third quarter, matching expectations, as a prolonged property slump and trade tensions hurt demand, keeping pressure on policymakers to roll out more stimulus to shore up momentum. Source link
China’s top trade negotiator, Li Chenggang, has been dismissed from his role as the country’s permanent representative at the World Trade Organization. This change was announced by state news agency Xinhua as part of a broader list of ambassadorial appointments and dismissals overseen by President Xi Jinping. Source link
Oil prices dipped on Monday, pressured by worries over a global glut as escalating U.S.-China trade tensions added to concerns about an economic slowdown and weaker energy demand. Brent crude futures fell 24 cents, or 0.4%, at $61.05 a barrel at 0032 GMT, while U.S. West Texas Intermediate futures were down 21 cents, or 0.4%,…
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails China‘s economy expanded at the slowest annual pace in a year in July- September, growing 4.8%, weighed down by trade…
BRUSSELS, Oct 20 — EU industry chief Stephane Sejourne will hold urgent talks today with European industries impacted by China’s curbs on rare earths exports. China, the world’s leading producer of the minerals used to make magnets crucial to the auto, electronics and defence industries, this month announced new controls on the export of rare-earth…