Latest in Tag: china Highlight

Latest in Tag: china


China's Xi Jinping vows lower tariffs, more imports at trade fair

China is trying to highlight it is open to importing more at a time it is under pressure to open its markets further. Critics say it is more talk than action.President Xi Jinping echoed previous pledges to open up China's market and lower tariffs as he opened a weeklong trade expo in Shanghai on Monday. …

Deutsche Welle

Donald Trump moves to leave postal union in latest jab at China

A 144-year-old postal treaty has become the latest battleground in the Trump administration’s escalating trade war with China. Washington claims the UN treaty benefits China and other countries at the expense of the US.President Donald Trump is preparing to withdraw the United States from the Universal Postal Union (UPU) over accusations that the treaty disadvantages …

Deutsche Welle

US-China trade row: Americans feel the pinch

Despite their repeated attempts, US retailers have so far been unable to veer President Trump away from imposing tariffs on imports from China. His latest tariffs, however, have the potential to hit American consumers.Bulla says she didn’t notice any difference in consumer prices in the US so far. Ana, though, is sure that prices have …

Deutsche Welle

China’s tech firms hit by spy chips row

A report accusing China of sneaking spy chips onto servers used by US firms like Apple and Amazon has led to a sharp tech sell-off in Asia. It could aggravate the already strained trade ties between the US and China.Chinese tech stocks came under intense pressure on Friday after a news report said Beijing had …

Deutsche Welle

China retaliates after US imposes new $200 billion tariffs

The latest US salvo against China threatens to escalate a trade war between the world’s two largest economies. China has responded by announcing countermeasures affecting up to $60 billion worth of US exports.The United States has announced fresh tariffs on $200 billion (€171 billion) worth of Chinese goods, spooking markets worried about an escalating tit-for-tat …

Deutsche Welle

China bans carpooling services after murders

Beijing has ordered carpool services offered by ride-hailing firms to be temporarily suspended until tighter safety measures are implemented. The move follows cases of rape and murder at market leader Didi Chuxing.Local governments across China were beginning to review the backgrounds and qualifications of all drivers signed up with web-based carpooling and other private car-share …

Deutsche Welle

China looking into arrest of e-commerce billionaire Liu

The Chinese government has said it’s trying to get more details surrounding the arrest of e-commerce billionaire Liu Qiangdong in the United States. The CEO of JD.com was later released pending possible charges.The Chinese Foreign Ministry said Monday it was looking into the circumstances surrounding the arrest of e-commerce billionaire Liu Qiangdong, also known as …

Deutsche Welle

Nasr discusses boosting Chinese investments with ambassador of China to Egypt

Minister of Investment and International Cooperation Sahar Nasr met with the Chinese ambassador to Egypt, Song Aiguo in the presence of the Asian department head at the ministry, Mona Ahmed and officials responsible for the Chinese file at the General Authority for Investment and Free Zones (GAFI), according to a Sunday ministerial statement. The statement noted that …

Hagar Omran