Feb 12, 2015

U.S. accuses China of illegal export subsidies in complaint to WTO

The United States announced Wednesday that it has filed a new complaint at the World Trade Organization over alleged Chinese export subsidies to seven industries. China “seems to provide” WTO-prohibited support for exports through a special program that helps producers across the country to ...

Feb 11, 2015

Foreign companies feel targeted in Chinese investigations

Nearly half of foreign companies in China feel singled out in a wave of anti-monopoly and other investigations, and a growing number are deciding not to expand their investments, the American Chamber of Commerce in China said Wednesday. The report adds to complaints Beijing ...

Feb 11, 2015

Taiwan indicts Sunflower Movement members over anti-China protests

Prosecutors in Taipei have indicted 119 people over the occupation of the legislature and Cabinet offices in a protest against a proposed agreement to loosen trade restrictions with rival China. Those indicted included leaders of the three weeklong protests that broke out last March ...

U.S. looking to bolster naval presence in Australia: official

Feb 11, 2015

U.S. looking to bolster naval presence in Australia: official

The U.S. is in talks with Australia about “basing” navy vessels in facilities on the shores of its main South Pacific ally, Chief of Naval Operations Adm. Jonathan Greenert said, a move that would risk inflaming tensions with China. “We’re doing a study together ...

Obama urges Xi to help end conflicts over cybersecurity

Feb 11, 2015

Obama urges Xi to help end conflicts over cybersecurity

President Barack Obama in a phone call with Chinese President Xi Jinping on Tuesday called for “swift work” to narrow the countries’ differences over cybersecurity issues, the White House said. The world’s two biggest economies have been trying to ease tensions amid mutual accusations ...

Feb 11, 2015

Gang crackdown affected Mexico iron ore exports to China

Mexico’s iron ore exports to China fell sharply last year after the government cracked down on illegal shipments sent by drug gangs, an official said Tuesday. Some 2.2 million tons were exported in 2014 compared to 10 million tons in 2013, said Mario Cantu, ...

Feb 10, 2015

China finds sizable natural gas field in South China Sea

China has found more than 100 billion cu. meters of natural gas in the politically volatile South China Sea, according to state media. The natural gas was discovered at the Lingshui 17-2 gas field, 150 kilometers south of China’s southernmost island of Hainan. The ...