ASIA: The Chinese Communist Party (CCP) has called for protecting Xi Jinping as difficulties mount for China. Both Xi and the CCP are under pressure due to widespread domestic criticism and the poor economic situation, in addition to the debilitating punitive actions inflicted almost each week against China by the United States. An editorial published […]

ASIA: US President Donald Trump has said China is failing to meet commitments to buy more American goods under the phase one trade deal, a sign of increasing pressure on Beijing ahead of a six-month review of the deal between senior officials. US Trade Representative Robert Lighthizer, US Treasury Secretary Steven Mnuchin, and Chinese Vice-Premier […]

ASIA: China will continue to implement its part of the phase one trade deal with the United States and will fulfill financial opening-up pledges despite worsening bilateral relations between the world’s two largest economies, China’s central bank governor said in an interview with the official Xinhua news agency. US Trade Representative Robert Lighthizer and Treasury […]

  ASIA: China said on Monday it has imposed sanctions on 11 Americans, including six US lawmakers, for “behaving badly on Hong Kong-related issues.” The US on Friday sanctioned Hong Kong Chief Executive Carrie Lam as well as 10 other Chinese and Hong Kong officials for their role in crackdowns on political freedom in the […]

ASIA: US President Donald Trump announced on Thursday sweeping bans on US transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent, operator of the WeChat app, starting in 45 days, in a major escalation of tensions with Beijing. Trump said this week he would support the sale of TikTok’s US operations to Microsoft […]

  ASIA: China’s economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, an analyst said Thursday. Recent data showed China’s June retail sales fell 1.8% from a year ago, much worse than the 0.3% growth analysts […]

    ASIA: Senior US and Chinese officials will review the implementation of their Phase 1 trade deal and likely air mutual grievances in an increasingly tense relationship during an August 15 video conference, two people familiar with the plans said. US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, the principal negotiators […]

ASIA: US President Trump’s suggestion that the US government take a cut from the forced sale of the viral Chinese app TikTok sparked a new round of anger and reflection in China, as TikTok’s founder warned employees about “rising anti-Chinese sentiment.” On Tuesday, a number of prominent figures in China, including Google’s former country head, […]

ASIA: China said on Monday it was firmly opposed to any US actions against Chinese software companies, responding to remarks by US Secretary of State Mike Pompeo that Washington will take action shortly against Chinese firms feeding data to Beijing’s government. Chinese foreign ministry spokesman Wang Wenbin told reporters during a daily briefing that China […]

ASIA: Buoyed by a construction boom, China’s economic recovery continued apace in July, new sentiment data suggested. The official manufacturing purchasing managers’ index (PMI) for July stood at 51.1, with a reading above 50.0 suggesting expansion in factory output. This was slightly better than June’s reading of 50.9 and was better than analysts’ expectations, with […]