Latest in Tag: china Highlight

Latest in Tag: china


China bans Winnie-the-Pooh film: report

China denied the screening of a new Winnie-the-Pooh film after Xi Jinping was compared to the cartoon bear, according to reports. The Winnie-the-Pooh character has increasingly become a symbol of resistance in China.”Christopher Robin,” a new Disney film based on AA Milne’s famous Winnie-the-Pooh books, has been banned in China, according to the Hollywood Reporter. …

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China’s falling yuan stokes currency tensions

The Chinese yuan has been on a losing streak in recent days, drawing fresh ire from US President Trump who accuses Beijing of deliberately depreciating the yuan to boost its exports and undercut American competitiveness.The Chinese yuan has been under relentless downward pressure in recent months. The currency has been down by about 7 percent …

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EU, China seek closer ties as US turns against trade

At a time of heightened uncertainty in the global economic environment, leaders of Europe and China are meeting to ponder ways to counter the fallout from US President Trump’s “America First” policies.US President Donald Trump’s attacks on the international trading system, by imposing tariffs and engaging in virulent anti-trade rhetoric, have left America’s commercial partners …

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Germany, China seek alliance over trade spat with US

Government consultations between Germany and China in Berlin on Monday aim to send a signal of closer bilateral cooperation in light of a worsened trade spat with the US. But some hurdles have yet to be overcome.German Chancellor Angela Merkel and Chinese Prime Minister Li Keqiang are holding talks on closer economic cooperation in Berlin …

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China’s Li Keqiang pushes trade with Eastern Europe amid EU concerns

The Chinese premier is meeting with leaders from Central and Eastern European countries at a summit in Sofia as he aims to boost Beijing’s trade interests in the region. But Li cannot afford to offend the European Union.Chinese Prime Minister Li Keqiang seeks to expand business and trade ties with Central and Eastern European countries …

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China eager to defuse trade pressures

The Chinese government has once again defended its trade surplus with other major economies. It insisted that the nation’s rapid growth had brought lucrative opportunities to partners all over the world.China’s leadership on Thursday launched yet another attempt to ease US and European pressure over market access and technology policy. A government report repeated promises …

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China clamps down on tax evasion in film industry

Chinese authorities have issued new rules to make it harder for movie stars to evade tax. Beijing is looking to cap the salaries of actors following a series of fake contracts aimed at falsifying income declarations.Chinese regulators said they would take action to curb tax evasion and control “unreasonable rates of pay” in the film …

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China’s ZTE back in business after deal with US?

Media reports say the US administration has reached a deal with Chinese telecom company ZTE. The agreement would save the firm from going out of business after being hit by far-reaching US sanctions.The New York Times reported Friday the Trump administration had struck a deal ensuring the survival of Chinese telecom firm ZTE. If true, …

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China takeovers in Germany follow one major pattern: study

Chinese companies continue to be on a shopping spree in Europe and Germany in particular. A fresh study shows that takeovers are usually in line with Beijing’s new industrial strategy where nothing is left to chance.When looking to acquire stakes in German companies, Chinese investors more often than not act in line with their government’s …

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Suitable for men: China’s problem with job ads

Rapid growth in China has created unprecedented economic opportunities for women in the world’s second-largest economy. But massive gender discrimination in job ads continues to be a major obstacle.Gender discrimination in employment does not only remain a major problem across China, but has actually got worse, a fresh study by Human Rights Watch finds. In …

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China to offer visa-free travel to its own ‘Hawaii’

China unveiled plans Wednesday (April 18) to permit visa-free travel to its southern island of Hainan, as Beijing pushes international tourism to the tropical destination in another step to open up the region.The new policy will start in May and allow travellers from 59 countries to visit Hainan for 30 days visa free, said Qu …

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Norway, China spearhead the e-mobility drive

A fresh study by a German automotive research center has shown that Norway and China remain at the forefront of nations facilitating e-car market penetration. Germany is catching up only slowly.Norway and China remain the two main drivers of e-mobility globally in the first quarter of 2018, a survey by the German Center of Automotive …

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China logs solid growth despite trade row

China’s economic expansion has held steady in the first months of the year amid a worsening trade dispute with the United States. Growth was primarily driven by strong e-commerce and factory output.China’s economy grew more than expected in the first quarter as it withstood headwinds from Beijing’s campaign against financial risk and trade tensions with …

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Austria sends high-ranking delegation to China with a musical touch

Austrian leaders have undertaken a state visit to China aimed at boosting bilateral economic ties. The delegation also includes a 7-year-old musician who will play a violin used by the young Mozart.Austrian Chancellor Sebastian Kurz and President Alexander Van der Bellen are to be received by Chinese President Xi Jinping on Sunday for political talks. …

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German carmakers among the biggest losers in US-China trade row?

Economists have warned that BMW and Daimler could be among the main victims of trade tensions between the US and China, should the Asian nation really double its tariffs on car imports from the United States.In the latest round of proposed tit-for-tat import barriers amid the current US-China trade row, Beijing has among other things …

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China matches US $50-billion tariff threat

The proposed measures follow a similar US list of $50-billion worth of Chinese imports that could be subject to tariffs. China’s list includes 106 items that could be slapped with additional 25-percent import fees.China on Wednesday responded to the Trump administration's planned tariffs on $50-billion worth of Chinese products with proposed tariff increases for goods …

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