US-China relations

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After Huawei Arrest, China Hauls in US Ambassador

Incensed Beijing also has words for Canadian envoy, wants tech exec released ASAP

(Newser) - China wasted little time in summoning the US ambassador to Beijing on Sunday to protest the detention of a Huawei executive in Canada—immediately on the heels of warning Canadian envoy John McCallum that there would be "grave consequences" if Meng Wanzhou is not released. Vice Foreign Minister Le... More »

Why This Woman's Arrest Is Causing Markets to Tank

Meng Wanzhou is the CFO of Chinese tech giant Huawei

(Newser) - The arrest of a Chinese tech executive rattled already jittery world markets Thursday and brought international attention to her company, Huawei Technologies. The woman in custody is its 46-year-old chief financial officer, Meng Wanzhou, who also goes by Sabrina Meng. China is seething over the arrest, which took place at... More »

China Starts to Open Up on What It Agreed to Do

Confirms there is a 90-day window for trade talks

(Newser) - Though US markets are closed Wednesday in honor of former President George HW Bush, after Tuesday's 800-point plunge investors will be looking for hints as to what to expect Thursday morning, and all eyes are on China. Tuesday's sell-off was sparked by uncertainty over what exactly Trump and... More »

Result of Trump-Xi Dinner: A 90-Day Truce

Trade war seems to be on hiatus

(Newser) - The US and China reached a 90-day ceasefire in a trade dispute that has rattled financial markets and threatened world economic growth, per the AP . The breakthrough came after a dinner meeting Saturday between President Trump and Chinese leader Xi Jinping at the Group of 20 summit in Buenos Aires.... More »

Trump, Xi Lock Eyes Over Sirloin Dinner

US-China trade relations may hang in the balance

(Newser) - Table talk at President Donald Trump's dinner meeting Saturday with Chinese leader Xi Jinping will undoubtedly have a global impact, the AP reports. What they agree on—or don't—will likely move markets up or down, determine whether the world economy gets some relief from destabilizing trade tensions... More »

Trump, Xi to Meet as Trade War Wears On

Officials say meeting will take place at G20 summit

(Newser) - Amid a continued trade dispute between their two countries, President Trump and his Chinese counterpart, Xi Jinping, plan to meet next month at the Group of 20 leaders’ summit in Buenos Aires. Officials say the Trump administration notified Beijing in recent days that plans for a meeting at the multilateral... More »

Tense International Encounter Unfolds in South China Sea

A US Destroyer was aggressively approached by a Chinese warship

(Newser) - A tense encounter unfolded Sunday between US and Chinese vessels in the South China Sea. Per CNN , the American destroyer USS Decatur was aggressively approached by a Chinese warship while conducting what are called freedom of navigation operations in the Spratly Islands. in a statement, Capt. Charles Brown with the... More »

Amid Tariff Hikes, Beijing Appeals for Free Trade

'It is essential that we uphold the basic principles of multilateralism and free trade'

(Newser) - China's No. 2 leader appealed Wednesday for support for free trade and promised to improve conditions for foreign companies following tit-for-tat US and Chinese tariff hikes in an escalating battle over Beijing's technology policy. Premier Li Keqiang's comments add to Beijing's effort to portray itself as... More »

Trump Fires Another Shot in China Trade War

He slaps tariffs on another $200B in goods

(Newser) - The Trump administration will impose tariffs on $200 billion more in Chinese goods starting next week, escalating a trade war between the world's two biggest economies and potentially raising prices on goods ranging from handbags to bicycle tires. The tariffs will start at 10%, beginning Monday of next week,... More »

China Has Stopped Accepting Applications From US Firms

Business group says it is retaliation for tariffs

(Newser) - Amid a worsening tariff battle, China is putting off accepting license applications from American companies in financial services and other industries until Washington makes progress toward a settlement, a business group says. The disclosure Tuesday is the first public confirmation of US companies' fears that their operations in China or... More »

US May Make Rare Move Against China

White House considers penalties over human rights issue, the treatment of Uighur Muslims

(Newser) - President Trump has been quick to go after China on trade issues , but the New York Times reports his administration is poised to penalize Beijing on a human rights issue for perhaps the first time. The administration is considering sanctions in response to China's crackdown on minority Muslims, specifically... More »

US-China Trade War Hits New Low

China releases video mocking US bacon, bourbon as billions in tariff hikes go into effect Thursday

(Newser) - The United States and China went ahead with tariff hikes on billions of dollars of each other's automobiles, factory machinery, and other goods Thursday in an escalation of a battle over Beijing's technology policy that companies worry will chill global economic growth. The increases came as envoys met... More »

China Has US Targets in Crosshairs: Pentagon

A new report says the People's Liberation Army is training for long-distance strikes

(Newser) - China is flexing its military muscles, according to a Pentagon report that gets right to the troubling point: "Over the last three years, the PLA [People's Liberation Army] has rapidly expanded its overwater bomber operating areas, gaining experience in critical maritime regions and likely training for strikes against... More »

Dow Rises 400 on China Trade Talks

Markets happy officials from US and Beijing will meet this month

(Newser) - Stocks are sharply higher in midday trading on Wall Street following signs of progress in defusing the trade dispute between China and the US. Investors were encouraged to see that China was sending a trade envoy to Washington, which would be the first talks between the two countries since June,... More »

US Ship With Soybeans Raced the Clock Toward China

But 'Peak Pegasus' appears to have fallen just short, as tariffs go into effect

(Newser) - Trade disputes generally don't lend themselves to exciting visuals, but the new one between the US and China might be an exception. As the deadline neared for new penalties to take effect, a ship laden with US soybeans raced toward the Chinese port of Dalian, capturing the attention of... More »

Trump's Tariffs Hit China, China Fires Back

But Asian markets weren't rattled by the tit-for-tat

(Newser) - The United States hiked tariffs on Chinese imports Friday and Beijing announced it was retaliating against American goods in a technology dispute between the world's two biggest economies that President Trump says he is prepared to escalate. Washington imposed 25% tariffs on $34 billion worth of Chinese imports, a... More »

China Slams US 'Blackmail' as Tariffs Loom

Beijing says it won't 'bow in the face of threats'

(Newser) - China rejected "threats and blackmail" ahead of a threatened US tariff hike , striking a defiant stance Thursday in a dispute companies worry could flare into a full-blown trade war and chill the global economy. A government spokesman says Beijing will defend itself if President Trump goes ahead Friday with... More »

Dow Is Now in the Red for the Year

Worries about a US-China trade war are increasing

(Newser) - The stock market opened on a down note and finished in pretty much the same place, all thanks to investor worries about a possible trade war between the US and China. The Dow lost 287 points to finish at 24,700, enough to wipe out all 2018 gains, reports MarketWatch... More »

Dow Falls 300+ at Open on Trade War Fears

Investors worried about tensions with Beijing

(Newser) - The stock market opened on a sour note Tuesday amid investor fears that a full-blown trade war between the US and China is in the offing. The Dow fell more than 300 points, or 1.2%, in the first minutes of trading, and the S&P 500 and Nasdaq were... More »

Trump Quadruples Down on China Tariff Threat

'China apparently has no intention of changing its unfair practices'

(Newser) - President Trump directed the US Trade Representative to prepare new tariffs on $200 billion in Chinese imports Monday as the two nations moved closer to a potential trade war. The tariffs, which Trump wants set at a 10% rate, would be the latest round of punitive measures in an escalating... More »

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