Us china trade war
China offers to work with Biden, warns of new 'McCarthyism'
The Trump administration has declared that decades of US engagement have failed with China, speaking of a global challenge from Beijing through its alleged...
Trump closes 2019 with a stain as the third president in US history to be impeached yet also with perhaps his two biggest achievements on the international stage - the US commando raid that killed the leader of the Islamic State group, Abu Bakr al-Baghdadi, and a new trade pact with Canada and Mexico.
Beijing has agreed to import at least $200 billion in additional US goods and services over the next two years on top of the amount it purchased in 2017, the top US trade negotiator said here Friday.
Figures showed gross domestic product in the third quarter plunged 3.2% from the previous quarter, which had seen a loss of 0.4%.
President Donald Trump on Friday ruled out any further postponement. 'They're on,' he told reporters.
The military and civilian parade, held in the capital on 1 October, is expected to be the biggest in its history.
The world’s two largest economies have been locked in an increasingly bitter trade war which has seen them level tariffs on each other’s exports.
The figures are the latest to highlight how the world's second-largest economy is being battered by an escalating trade war with the United States and slowing global demand.
High-yielding, riskier currencies also enjoyed some gains with the Mexican peso and South African rand more than one percent higher, South Korea's won gaining 0.8% and the Indonesian rupiah 0.6% up.
Views differ on the essence of China-US competition. Most watchers see it as a classic power competition caused by a shrinking gap in strength between the two countries.
Huawei said the first version of the operating system would launch later this year in its smart screen products, before expanding across a range of smart devices including wearable technology over the next three years.
The Reserve Bank of New Zealand’s forecasts released with the statement show another cut is possible by the end of the year which would take the OCR below 1%.
US President Donald Trump on Tuesday dismissed fears the trade row with China could be drawn out.
The US accusation on Monday was the second major escalation in the two countries' spiralling trade war in just 24 hours.
US President Donald Trump last week said he would impose a 10% tariff on $300 billion of Chinese imports starting on 1 September.
The sudden deterioration meant the world's two largest economies have now erected trade barriers covering virtually all of their $660 billion in annual trade in merchandise - confirming economists' fears and sending shudders through Wall Street.
Expectations for progress during the two-day Shanghai meeting are low, so officials and businesses are hoping Washington and Beijing can at least detail commitments for 'goodwill' gestures and clear the path for future negotiations.
Wang also warned against “protectionism in the name of national security”, without mentioning the United States, and called major powers to make more contributions to global peace and stability.
At 1500 GMT, the rand was trading at 14.0800 per dollar, little changed from its closing price of 14.0875 on Tuesday.