China hinted on Monday that it could retaliate after U.S. President Joe Biden signed into law legislation to boost Taiwan’s defences and seeks to get TikTok’s Chinese owner to divest from the social media platform. Biden signed the legislation on a military aid package on Wednesday, with most of the money going to Ukraine to … Read more
China announced on Friday it would levy anti-dumping penalties of over 40 per cent on imports of a chemical from the United States used in foods, pesticides, pharmaceuticals and drug intermediates – a retaliation against similar action from Washington as tensions build in bilateral trade. Starting from Saturday, operators will be required to provide corresponding … Read more
China’s former ambassador to the US Cui Tiankai said Beijing will not fall into a trap of “someone” starting a war in the Taiwan Strait. “We certainly don’t want to see a situation where Chinese are killing Chinese,” he told the Asia Spotlight conference. In a panel discussion on the geopolitical outlook, as part of … Read more
As economic trends drive stock markets in the US and China onto wildly divergent paths, analysts said China needs to address systemic issues and loosen capital controls to change course and become a financial superpower, a goal its leaders have put forth on multiple occasions. US stocks are hitting record highs, with tech giants such … Read more
China on Thursday called on the US to “refrain from intervening” in self-ruled Taiwan’s elections, slamming official visits between the island and the US after Washington said it would send a delegation there following this week’s polls. Washington must “refrain from intervening in the elections in the Taiwan region in any form, so as to … Read more
