US President Joe Biden said on Tuesday that he had a good meeting with Chinese President Xi Jinping. Biden said that he and Xi have a lot to follow up on and that their aides would be working together on a range of issues. Biden added that he made clear …
Read More »What World’s Biggest Economies Expect From Biden-Xi Summit
One of US President Joe Biden’s toughest challenges is maneuvering America’s relationship with its biggest economic enemy; namely China. when Biden holds a virtual summit with Chinese counterpart Xi Jinping later on Monday, issues such as tariffs, supply chain bottlenecks, subsidies, Chinese property sector debt crisis and the global energy …
Read More »Business Experts Urge Biden to Rid of China’s Tariffs
Ahead of President Joe Biden’s virtual summit with Chinese President Xi Jinping, tens of businessmen are calling on Joe Biden to remove tariffs on China to help ease historic levels of inflation.The business community warned tariffs on China and retaliatory levies are hurting U. S. companies, industries and families by …
Read More »China: Will Impose Sanctions on US Entities Participating in Arms Sales to Taiwan
China’s Foreign Ministry announced on Monday, it will impose sanctions on the US entities involved in the arms sales to Taiwan. Lockheed Martin, Boeing and Raytheon will be sanctioned, the Ministry said. Developing Story…
Read More »W.T.O. Says American Tariffs on China Broke Global Trade Rules
The World Trade Organization has ruled that the additional tariffs imposed by the United States in 2018 on Chinese goods violate international trade rules, in a blow to the Trump administration’s trade war against the world’s second largest economy. A three-person panel of trade experts at the World Trade Organization …
Read More »China: We Will Respond to US Restrictions on Diplomats
Chinese Foreign Ministry spokeswoman Hua Chunying said in a daily press briefing that Beijing will respond “by lawful means” to the new restrictions imposed by the United States on Chinese diplomats. Washington said it would require senior Chinese diplomats to obtain approval from the Foreign Ministry before visiting any university …
Read More »US Extends Some Tariff Exemptions to China
The Trump administration’s threat of escalation against China came this time in disguise with seemingly positive news. The office of the US Trade Representative announced the extension of the deadlines for some exemptions from customs duties on a large group of Chinese goods. But this extension is until the end …
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