Trump says 'phase one' China trade pact is on track for November signing
U.S. President Donald Trump on Monday said progress in developing the text of a partial trade pact with China means he will likely be able to sign it next month. Trump remains upbeat on the chances Beijing and Washington will seal the mini-deal he announced ...
Thai tourism meccas suffer from U.S.-China trade war and strong baht
Hotels on Thailand's most popular holiday island have been forced to slash prices, with rooms left vacant and beaches sparse due to a plunge in Chinese visitors caused by the U.S. trade war and a stronger baht. Located on the Andaman Sea and known for ...
Fallout from Trump's trade wars felt by economies around the world
The collateral damage of the United States' trade wars is being felt from the fjords of Iceland to the auto factories of Japan. Central bank governors and finance ministers traded grim tales of suffering economies at the International Monetary Fund and World Bank fall meetings ...
Weak trade delaying global recovery, says Bank of Japan Gov. Haruhiko Kuroda
The timing of a global economic recovery is being delayed as weaker global trade weighs on manufacturing, Bank of Japan Gov. Haruhiko Kuroda has said. Recent developments over the U.S.-China trade conflict together with Brexit "have reduced uncertainty somewhat," Kuroda said to reporters in Washington ...
Huawei CEO voices hopes for cooperation with Japan amid U.S. dispute
Ren Zhengfei, chief executive and founder of Huawei Technologies Co., expressed strong hope on Wednesday for cooperation with Japan, as the Chinese tech giant faces severe challenges in a prolonged technology dispute with the United States. If China and Japan leverage each other's strengths, "we ...
Huawei defies U.S. ban with strong growth in smartphone sales
Huawei Technologies Co.'s revenue jumped 24 percent in 2019's first nine months, defying the sanctions of U.S. President Donald Trump's administration to sustain growth in its pivotal smartphone business. China's largest technology company reported revenue of 610.8 billion yuan ($86.1 billion) in the January to ...
China's Huawei claims it faces 1 million cyberattacks per day
Huawei Technologies Co., China's tech giant that is a leader in next-generation 5G mobile communications networks, is experiencing around 1 million cyberattacks a day from both inside and outside the country, a company executive said. The cyberattacks are apparently aimed at stealing state-of-the-art 5G technology ...
Despite temporary truce in U.S.-China trade war, long list of grievances remains
The Trump administration and China declared a temporary truce Friday in their 15-month-long trade war. However, the grievances that led them to impose tariffs on hundreds of billions of dollars worth of each other's goods remain largely unresolved. The administration agreed to suspend a tariff ...
First day of U.S.-China trade talks end with hopes for limited deal
Top U.S. and Chinese negotiators wrapped up their first day of trade talks in more than two months on Thursday, as business groups expressed optimism the two sides might be able to ease a 15-month trade war and delay a U.S. tariff hike scheduled ...
Sino-U.S. trade war brings chances and challenges for Vietnam's skilled laborers
A new front has opened in the U.S.-China trade war as companies shifting manufacturing to Vietnam engage in a fierce battle for skilled labor, aggravating an existing shortage and prompting calls for education reforms to address the problem. Vietnam has emerged as one of the ...
U.S. slaps China with additional duties on $4.4 billion in cabinets
The U.S. trade conflict with China may not have spared the kitchen sink, or even kitchen cabinets, as Washington on Thursday announced another round of steep tariffs. About $4.4 billion of wooden cabinets and vanities imported from China will face additional duties because they are ...
China's factory activity shrinks for fifth month: Purchasing Managers' Index
China's factory activity shrank for the fifth straight month in September, and though the downturn eased off slightly the underlying trend pointed to persistent pressure on the economy as it navigates a bruising trade war with the United States. Persistent weakness in the manufacturing sector ...
