China’s new ‘Long March’: Digging in for a struggle bigger than trade war
5 years, 7 months ago

China’s new ‘Long March’: Digging in for a struggle bigger than trade war

LA Times  

The 10-minute segment that ran on Chinese state television this week showed cadet trainees of the People’s Liberation Army scrambling over towering walls, dragging enormous tires, crawling through mud and shouting motivational slogans as President Xi Jinping exhorted the academy to be ready to fight and win a modern war. Some analysts have warned that a Cold War 2.0 has already started in the wake of the break in U.S.-China trade talks this month and Washington’s moves to hike tariffs on $200 billion in Chinese goods to 25% from 10% and ban U.S. suppliers from selling to Chinese tech giant Huawei without government permission. Xi told the cadets and their officers that China was facing a new “Long March,” signaling that Chinese authorities are preparing for a protracted trade war and increasing military and geopolitical rivalry between the world’s two largest economies. Hu Xijin, the editor of the state-owned Global Times, tweeted Monday that he had switched from an iPhone to a Huawei phone “because Huawei is being unreasonably suppressed by the U.S. government and I wish to support Huawei.” Chinese state media coverage of the trade war, which began in July when the Trump administration imposed tariffs on $34 billion in Chinese goods, had long been restrained in its criticism of the United States in hopes of not aggravating the fraying relationship. The state-owned People’s Daily warned Monday that U.S. actions threatened to return the relationship between the two countries to a “barbaric era.” An editorial Tuesday by the state-run New China News Agency said that the United States has been using “trade bullying,” “the logic of gangsters” and “the law of the jungle” and that Washington had disgraced itself internationally.

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History of this topic

How China will strike back at Trump
4 weeks, 2 days ago

How China will strike back at Trump

Hindustan Times  

Who is Huohuade Lutenike? Jamieson Greer, the new trade representative, was an architect of Mr Trump’s first trade war with China. Chinese firms might also soon be hit with sanctions from the Office of Foreign Assets Control, which, unlike the Department of Commerce’s entities list, restricts the ability to use dollars. Last month China employed a new tool, the Anti-Foreign …

China's Xi warns 'no winners' in trade war with U.S.
4 weeks, 2 days ago

China's Xi warns 'no winners' in trade war with U.S.

Raw Story  

by Peter CATTERALL Chinese President Xi Jinping warned Tuesday that there would be "no winners" in a trade war with the United States and vowed the country would hit its growth goals for the year. Former US president Donald Trump -- who returns to the White House next month -- unleashed a grueling trade war with China during his first …

‘No winners’: China’s Xi warns US against a trade war
1 month ago

‘No winners’: China’s Xi warns US against a trade war

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Chinese leader Xi Jinping has warned the United States against restarting a trade war, saying there would be “no winners” even as he vowed to defend the country’s economic …

How China will strike back at Trump
1 month, 1 week ago

How China will strike back at Trump

Live Mint  

Who is Huohuade Lutenike? Jamieson Greer, the new trade representative, was an architect of Mr Trump’s first trade war with China. Chinese firms might also soon be hit with sanctions from the Office of Foreign Assets Control, which, unlike the Department of Commerce’s entities list, restricts the ability to use dollars. Last month China employed a new tool, the Anti-Foreign …

China to respond to Trump's 'tariff war' with 'supply chain war'
1 month, 1 week ago

China to respond to Trump's 'tariff war' with 'supply chain war'

Firstpost  

China is expected to use its dominant position in supply chains to respond forcefully with a ‘supply chain war’ to ’tariff war’ that US President-elect Donald Trump is expected to wage on China US President-elect Donald Trump waves next to Chinese President Xi Jinping after attending a business event at the Great Hall of the People in Beijing on November …

Impending chip moves expose US hypocrisy again
Trending News
1 month, 2 weeks ago

Impending chip moves expose US hypocrisy again

China Daily  

By LI YANG | China Daily | Updated: 2024-11-26 08:07 A view of the booth of Semiconductor Manufacturing International Corp during an expo in Shanghai. The Joe Biden administration is set to unveil new export restrictions on China as soon as this week, the US Chamber of Commerce told members in a Thursday email. These are typical nonmarket moves that, …

Spill-over of Trump’s anti-China trade stance
Trending News
1 month, 2 weeks ago

Spill-over of Trump’s anti-China trade stance

Hindustan Times  

Trump’s trade war with China had a global impact, affecting and benefiting countries. US President Donald Trump The US-China trade conflict reflects the US’ protectionism from China’s inroads in its economy and the global economy, which it believes is detrimental to its local jobs, industries, industrial innovation, and national security. Thus, the tit-for-tat trade moves resulted in raising import tariffs …

Ripple effects of US policy on Chinese trade
1 month, 2 weeks ago

Ripple effects of US policy on Chinese trade

Hindustan Times  

The United States ’s firm stance on Chinese products has become a cornerstone of its economic strategy, transcending party lines and administrations. As the world’s two largest economies clash, the consequences ripple through global markets, affecting supply chains, trade relationships, and economic growth worldwide. This bipartisan approach reflects a broader recalibration of the US's economic relationship with China, aiming to …

China is armed and ready for trade war 2.0 with Donald Trump
1 month, 2 weeks ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

China is armed and ready for trade war 2.0 with Donald Trump
1 month, 2 weeks ago

China is armed and ready for trade war 2.0 with Donald Trump

CNN  

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. That’s why, despite selling less to the United States, China’s share of global exports is now at 14%, up from 13% before the first Trump tariffs. At a press conference on Friday, Wang …

Alarmed China over Trump victory plans to choke chip industry
1 month, 3 weeks ago

Alarmed China over Trump victory plans to choke chip industry

Firstpost  

As China dominates the supply of minerals needed to manufacture chips, it is expected to choke supplies in case Donald Trump ramps up the US-China trade war after assuming office in January Semiconductor chips are seen on a printed circuit board in this illustration picture taken 17 February, 2023. How China uses control of supply chains in trade war China …

China coped with Trump’s first trade war. A second one will be tougher.
Trending News
1 month, 3 weeks ago

China coped with Trump’s first trade war. A second one will be tougher.

Live Mint  

SINGAPORE—The last thing Xi Jinping needs right now is another showdown with Donald Trump over trade. If the U.S. cuts back on some of the $430 billion in goods it imports from China each year, Chinese companies could try sending them to other countries, a strategy Beijing followed successfully after Trump first hit Chinese goods with tariffs in 2018. Some …

Chinese traders foretold a Trump win as Republican orders surged, yet fear a challenging future for China-US trade
2 months ago

Chinese traders foretold a Trump win as Republican orders surged, yet fear a challenging future for China-US trade

ABC  

In the eastern Chinese city of Yiwu, known as the "world's supermarket", traders were cautiously optimistic yet wary as a wave of orders rolled in before the United States presidential election. Trump's tariffs could impact the global economy Photo shows A illustration of US and Chinese flags covering currency Trump's victory has far-reaching global economic and market ramifications. For many …

China anxious as Trump victory may intensify trade wars
Trending News
2 months ago

China anxious as Trump victory may intensify trade wars

Firstpost  

China’s ambassador to the US, Xie Feng said that the differences between the two nations should be the driving force for exchanges and mutual learning rather than ‘an excuse for rejection and confrontation’, and that the successes of each were opportunities for the other There are no winners in tariff or trade wars, nor in wars over science and technology …

Bloomberg: The China Show 11/07/2024
2 months ago

Bloomberg: The China Show 11/07/2024

Bloomberg  

00:00 Half an hour away from the opens in Hong Kong, Shenzhen and Shanghai are watching the China show. I mean, if there's a threat of tariffs here, do you think, you know, there's a people talking about there's a difference between the candidate Trump and what he will be as President Trump? We know he's talked about tariffs as …

The Seismic Shift in the US Trade Agenda
6 months, 2 weeks ago

The Seismic Shift in the US Trade Agenda

The Diplomat  

The U.S. economic war against China has become entrenched still further as the Biden administration adds more tariffs to critical goods crossing its borders. While the White House has focused on highlighting China’s unfair trade practices of state subsidies and exporting overcapacity, the tariffs are ultimately designed to protect the nascent critical industries within the United States. While the White …

Biden continues Trump’s trade war; US imposes major tariffs on China imports
7 months, 3 weeks ago

Biden continues Trump’s trade war; US imposes major tariffs on China imports

Hindustan Times  

Washington: With the stated objective of protecting American workers and businesses from “unfair Chinese trade practices”, the US increased tariffs on the import of steel and aluminium, semiconductors, electric vehicles, battery, battery components and critical minerals, solar cells, ship to shore cranes and medical products from China on Tuesday. A factsheet released by the White House on Tuesday said that …

How Washington is bracing for Trump’s next trade war
11 months ago

How Washington is bracing for Trump’s next trade war

Politico  

The Republican presidential frontrunner is reportedly considering up to a 60 percent tariff on all imports from China and a 10 percent “universal” tariff on all other trading partners if he wins reelection in November. In a sign that even some of his own advisers don’t know what’s in Trump’s head, one former Trump trade official said the reported tariff …

The US escalates chips war With China
1 year, 8 months ago

The US escalates chips war With China

Hindustan Times  

Global geopolitics is in a state of intense flux. These controls will affect “the flow of high-end semiconductors and semiconductor-manufacturing equipment to Beijing.” The wave of United States sanctions began in 2019 as a nascent effort by the Trump Administration to limit the Chinese telecommunications giant Huawei’s growing footprint in multiple regions across the globe. With the competition picking up …

After Biden-Xi summit, what next for US-China trade war?
3 years, 1 month ago

After Biden-Xi summit, what next for US-China trade war?

Al Jazeera  

Reductions in tariffs possible down the line, but no return to pre-Trump status quo, analysts say. The virtual meeting between United States President Joe Biden and China’s leader Xi Jinping helped ease the growing tension between the two countries but did not make headway in resolving lingering US-China trade war disputes. Biden spoke briefly about China’s “unfair trade and economic …

China is winning the trade war and its exports have never been higher
3 years, 11 months ago

China is winning the trade war and its exports have never been higher

CNN  

Hong Kong CNN Business — China was already outperforming every other major worldeconomy last year as the coronavirus pandemic upended the globe. The world’s second biggest economy closed out 2020 with an overall trade surplus of $78 billion for December, according to official customs data released Thursday. China’s trade relationship with the United States, meanwhile, became even more imbalanced: Beijing’s …

'Milestone of Great Significance': China on RCEP Agreement to Create World's Biggest Free Trade Bloc
4 years, 1 month ago

'Milestone of Great Significance': China on RCEP Agreement to Create World's Biggest Free Trade Bloc

News 18  

China on Monday termed the Regional Comprehensive Economic Partnership agreement to create the world’s biggest free trade bloc as a “milestone of great significance”, while studies showed that the deal is more of a strategic significance to Beijing providing marginal economic impact. However, analysts agree that the trade pact, which covers 30 per cent of the global economy, is far …

US trade policy is ready for its Biden makeover
4 years, 1 month ago

US trade policy is ready for its Biden makeover

Live Mint  

If he winds up facing a hostile Senate, President-elect Joe Biden will struggle to make sweeping policy changes. Biden will have the power to reverse many of the Trump administration’s bad policies to strengthen trade with allies and potential allies, while keeping up the technological competition with China. Helping Vietnam to grow its economy rapidly by exporting goods to the …

Trade, technology and security at risk in US-China feud
4 years, 5 months ago

Trade, technology and security at risk in US-China feud

Associated Press  

BEIJING — They have the largest economies in the world. The United States is China’s biggest single-country export market, even after President Donald Trump imposed punitive tariffs on Chinese goods. 3 market for American exporters, as well as a huge market for goods and services produced in China by U.S. companies ranging from General Motors Co. to Burger King. In …

A ‘new Cold War’?: How the US-China trade dispute is deepening
4 years, 6 months ago

A ‘new Cold War’?: How the US-China trade dispute is deepening

Al Jazeera  

More industries are being penalised as bipartisan anti-China sentiment rises before the November polls in the US. “There are many industries where U.S. companies have made long-term bets on China’s future because the market is so promising and so big,” said Myron Brilliant, the U.S. Chamber of Commerce’s head of international affairs. “But China is a punching bag that can …

US-China trade war is the last thing the world economy needs now
4 years, 7 months ago

US-China trade war is the last thing the world economy needs now

CNN  

Hong Kong CNN Business — Mutual blame over the coronavirus pandemic has reignited tensions between the United States and China, threatening to break what was already a fragile truce on trade between the world’s biggest economies. “The threat of higher tariffs and the intensifying technology cold war could yet disrupt technology trade and investment, de-powering what still promises to be …

US deal with China is a victory for Trump, but more still needs to be done (opinion)
4 years, 11 months ago

US deal with China is a victory for Trump, but more still needs to be done (opinion)

CNN  

Editor’s Note: James D. Schultz is a CNN legal commentator and chair of the Government and Regulatory practice at Philadelphia-based law firm Cozen O’Connor. That changed when President Trump took office, and his consistently tough stance led to a “phase one” trade deal between the United States and China last week. In addition to easing tensions between the two nations, …

United States and China sign phase one of new trade deal
4 years, 11 months ago

United States and China sign phase one of new trade deal

ABC  

The United States and China have announced an initial trade deal that will roll back some tariffs and boost Chinese purchases of US goods and services, defusing an 18-month conflict between the world's two largest economies. Key points: The centrepiece of the deal is a pledge by China to purchase an additional $US200 billion of US farm products and other …

U.S., China tiptoe around holes in new trade agreement
4 years, 11 months ago

U.S., China tiptoe around holes in new trade agreement

The Hindu  

The United States and China signed an initial trade deal on January 15 that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved. Mr. Liu said Chinese companies would buy $40 billion in U.S. agricultural products annually over the …

US signs trade deal with China; agreement will lead to 'more stable peace throughout the world', says Donald Trump
4 years, 11 months ago

US signs trade deal with China; agreement will lead to 'more stable peace throughout the world', says Donald Trump

Firstpost  

The agreement is intended to ease some US economic sanctions on China while Beijing would step up purchases of American farm products and other goods Washington: US President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from US farmers and manufacturers and is aimed at lowering tensions in a long-running dispute between the …

Janet Yellen: The US-China trade war isn’t over and a tech fight risks dividing the world
4 years, 11 months ago

Janet Yellen: The US-China trade war isn’t over and a tech fight risks dividing the world

CNN  

Hong Kong CNN Business — The United States’ trade war with China is far from over, according to Janet Yellen, who is warning that unresolved tensions over technology could divide the world and slow the development of artificial intelligence and 5G. The former chair of the Federal Reserve said Monday at the Asian Financial Forum that the “phase one” trade …

US-China trade war isn’t getting any better. This week showed why it could get worse
5 years, 1 month ago

US-China trade war isn’t getting any better. This week showed why it could get worse

CNN  

Beijing CNN Business — The US-China rivalry isn’t easing off — it may, in fact, be about to get even more intense. The United States and China are “in the foothills of a Cold War,” former US Secretary of State Henry Kissinger said on stage in Beijing, warning that an unresolved conflict could lead to problems “even worse” than when …

US-China trade deal negotiations hit another snag
5 years, 1 month ago

US-China trade deal negotiations hit another snag

CNN  

CNN Business — President Donald Trump was supposed to sign a partial trade deal with Chinese President Xi Jinping next week, but negotiations over the final text have reached a rough patch, according to people familiar with the matter. In the last several days, the two sides have found themselves at odds over the finer details of an agreement that …

US and China trade war: Two steps forward, three steps back
5 years, 2 months ago

US and China trade war: Two steps forward, three steps back

CNN  

New York CNN Business — The trade war with China has been a two-steps forward, three-steps back affair. The president told reporters Monday his negotiators are moving ahead on a so-called Phase One trade agreement: “We’re looking probably to be ahead of schedule to sign a very big portion of the China deal.” The president teased a meeting with Chinese …

China is trying to bring America to its knees, Trump trade adviser says
5 years, 2 months ago

China is trying to bring America to its knees, Trump trade adviser says

CNN  

New York CNN Business — The US-China trade war is rocking America’s manufacturing industry. “We are dealing with a strategic rival – and they are trying to buckle our knees,” Navarro told CNN’s Jim Sciutto at the CITIZEN by CNN conference in New York. “No one has the backs of those farmers more.” Navarro expressed cautious optimism about trade negotiations …

China to work with US to address each other’s core concerns
5 years, 2 months ago

China to work with US to address each other’s core concerns

Live Mint  

Nanchang, China: Chinese Vice Premier Liu He said on Saturday that China will work with the United States to address each other's core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides and the world. China and the United States reached a limited deal last week toward ending …

US-China trade: Trump’s ‘love fest’ with China won’t end the trade war
5 years, 2 months ago

US-China trade: Trump’s ‘love fest’ with China won’t end the trade war

CNN  

Hong Kong CNN Business — A tentative truce between the United States and China has raised hopes — yet again — that the two economic superpowers are inching toward a resolution to the trade war. The head of the American Apparel & Footwear Association said in a statement Friday that it welcomes the pause on additional tariffs, but noted that …

'China eating the tariffs’: US president Donald Trump mocks protracted trade war with Beijing ahead of talks in Washington
5 years, 4 months ago

'China eating the tariffs’: US president Donald Trump mocks protracted trade war with Beijing ahead of talks in Washington

Firstpost  

US President Donald Trump on Friday said the costs of his protracted trade war were falling squarely on China Washington: US President Donald Trump on Friday said the costs of his protracted trade war were falling squarely on China. “China is eating the tariffs,” Trump said on Twitter, repeating his claim that higher duty rates meant Washington collected billions of …

The trade war hasn’t hit its peak yet. The US and China will both pay a heavy price (opinion)
5 years, 4 months ago

The trade war hasn’t hit its peak yet. The US and China will both pay a heavy price (opinion)

CNN  

Editor’s Note: David A. Andelman, executive director of The RedLines Project, is a contributor to CNN and a former foreign correspondent for The New York Times and CBS News. The economies of both countries and the fortunes of both leaders have been damaged by the trade war, which does not seem to have hit its peak yet In the United …

US-China trade war shows no sign of ending as new tariffs arrive
5 years, 4 months ago

US-China trade war shows no sign of ending as new tariffs arrive

CNN  

Hong Kong CNN Business — The year-long US-China trade war escalated dramatically in August. Trump’s comments that China “called” to relay a desire to return to the negotiating table helped markets move higher. A commerce ministry spokesman told reporters that the country is willing to solve the trade problems with a “calm attitude” — remarks that boosted Wall Street and …

Beijing wants 'calm' negotiations to end the US trade war as markets tank
5 years, 4 months ago

Beijing wants 'calm' negotiations to end the US trade war as markets tank

Daily Mail  

China said it is willing to resolve its trade dispute with the United States through 'calm' negotiations and resolutely opposes the escalation of the conflict, Vice Premier Liu He said Monday. Vice Premier Liu He said Monday that China is willing to resolve its trade dispute with the United States through 'calm' negotiations and opposes escalating the conflict Liu shakes …

Trump’s China trade war spirals as 2020 looms
5 years, 4 months ago

Trump’s China trade war spirals as 2020 looms

CNN  

Washington CNN — The dangerous new twist in the tariff war between the United States and China will heap ominous pressure on the global economy at a moment when it is already struggling in the undertow of their trade superpower showdown. A long disagreement over China’s trade and economic practices has now also become a personal duel and a matter …

Technology companies drive a broad rally on Wall Street after U.S. reprieve to Huawei
5 years, 4 months ago

Technology companies drive a broad rally on Wall Street after U.S. reprieve to Huawei

The Hindu  

Stocks marched broadly higher on Wall Street in midday trading Monday, building on solid gains from a rally late last week. Big department store chains also rose, recovering some of the ground lost last week after Macy’s slashed its profit forecast for the year. “Markets actually ended last week on a relatively good note so what we may actually be …

China released even more evidence that the trade war is hurting its economy
5 years, 4 months ago

China released even more evidence that the trade war is hurting its economy

CNN  

Hong Kong CNN Business — The trade war might be headed for a slight reprieve, but China is still getting battered by a slowing economy and its standoff with the United States. Industrial production in China — an important indicator for the country’s economy — grew just 4.8% in July compared to a year earlier, according to China’s National Bureau …

Chinese firms learn to adapt as US trade war rages
5 years, 4 months ago

Chinese firms learn to adapt as US trade war rages

Live Mint  

Export-reliant Chinese companies are slashing prices, moving production abroad, creating new domestic markets and even rebranding goods as they try to survive the escalating trade war with the United States. Factories along the eastern coast, fish processors in the south, apple juice exporters in central China and farmers in the northeast have all been forced to change their business models …

Trump news: Why the US trade war with China is a genuine conflict
5 years, 5 months ago

Trump news: Why the US trade war with China is a genuine conflict

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The trade conflict with China is …

Germany: The trade war is part of a ‘perfect storm’ hitting Europe’s biggest economy
5 years, 5 months ago

Germany: The trade war is part of a ‘perfect storm’ hitting Europe’s biggest economy

CNN  

London CNN Business — Fears that Germany could be dragged into recession by the trade war between the United States and China were stoked on Wednesday by data showing that production in Europe’s manufacturing powerhouse plunged in June. “We should prepare for contraction in the German economy.” Germany relies heavily on exporters that sell a disproportionate amount of goods to …

Trade war: Trump defends fight against China despite risks
5 years, 5 months ago

Trade war: Trump defends fight against China despite risks

CNN  

Washington CNN — President Donald Trump’s trade war just got more complicated – and it’s far from clear whether he’ll win a deal before American voters head to the polls next November. Trump shrugged off this week’s market volatility as he spoke to reporters, saying it was “anticipated” and he had expected “even more.” “But ultimately it’s going to go …

Trump labels China a currency manipulator as trade war escalates
5 years, 5 months ago

Trump labels China a currency manipulator as trade war escalates

CNN  

Washington CNN — President Donald Trump’s trade war with China amplified one step further on Monday after his Treasury Department formally labeled the country’s second largest trading partner a “currency manipulator,” marking a tense standoff that risks weakening the entire global economy. The escalating rift boiled over on Monday as Trump fulfilled his threat to fight back against China’s decision …

US-China trade war is starting to get out of hand
5 years, 5 months ago

US-China trade war is starting to get out of hand

CNN  

New York CNN Business — The US-China trade war has always been serious. “The policy of using tariffs as a tool to address our legitimate beefs with the Chinese has failed miserably.” The escalating US-China trade war will certainly be bad for the US economy. How bad is almost impossible to calculate.” Art Hogan, chief market strategist at National Securities …

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