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Departing EXIM chief urges Biden team to counter Chinese lending dominance

Andrea Shalal and David Lawder, Reuters
Posted at Jan 19 10:42 AM

The head of the Export-Import Bank of the United States (EXIM) on Monday urged the Biden administration to keep pushing to neutralize Chinese export subsidies and help US companies compete, building on gains made under Donald Trump. Read more »

US-China trade war deal reaches 1st anniversary as bilateral mistrust hits ‘all-time high’

Cissy Zhou, South China Morning Post
Posted at Jan 15 01:12 PM

One year after signing the phase one trade deal with the US, China remains far behind in its commitment to buy more American goods, though the agreement has been a vital sticking plaster in a fast deteriorating bilateral relationship, experts said.   Read more »

Biden likely to improve ties with Asia, end 'silly trade war' -Mahathir

Reuters
Posted at Jan 14 02:43 PM

After four years of dealing with U.S. President Donald Trump, Asia can expect President-elect Joe Biden to improve ties with traditionally supportive nations and end a "silly trade war" with China, Malaysia's former premier Mahathir Mohamad said.   Read more »

EU companies in China should 'prepare for the worst' in digital decoupling - report

Reuters
Posted at Jan 14 09:20 AM

Digital decoupling between China and the United States could severely impact EU businesses in China and they should "prepare for the worst" and may be forced into a costly separation of their international operations, European business groups said. Read more »

Huawei looks to cloud services in 2021 as US sanctions strangle smartphone business

Karen Chiu, South China Morning Post
Posted at Jan 04 01:05 PM

The firm’s founder, Ren Zhengfei, says the Chinese giant should learn from global leaders Amazon and Microsoft. Staff were told to focus on some aspects of cloud computing and scale back to survive rather than trying to follow US giants or Alibaba. Read more »

Beijing protests over move to delist Chinese telecoms firms from New York Stock Exchange

Catherine Wong, South China Morning Post
Posted at Jan 03 08:23 AM

China Telecom, China Mobile and China Unicom Hong Kong will be removed from the NYSE to comply with an executive order from Donald Trump. The Commerce ministry in Beijing says US is abusing national security concerns and vows to safeguard the firms’ interests. Read more »

US publishes list of Chinese and Russian firms with military ties

Karen Freifeld, Reuters
Posted at Dec 22 06:10 PM

The Trump administration on Monday published a list of Chinese and Russian companies with alleged military ties that restrict them from buying a wide range of US goods and technology.   Read more »

China’s trade pivot from US could be a boon for South Korea, Japan and Taiwan

Karen Yeung, South China Morning Post
Posted at Dec 02 01:19 PM

South Korea, Japan and Taiwan are seen as likely economic winners as China turns away from reliance on US imports. Asian hi-tech exporters are expected to soak up demand from the world‘s second largest economy as it looks to skirt sanctions. Read more »

Barack Obama: ‘I could not have a trade war’ with China due to global financial crisis

Cissy Zhou and Finbarr Bermingham, South China Morning Post
Posted at Nov 18 01:16 PM

Former US president Barack Obama explains that he was ‘hamstrung’ on dealing with China’s trade policies by global economic meltdown. Obama says he ‘had to make sure we did not start a trade war that tipped the world into a depression’, on the back of the global financial crisis of 2008-09. Read more »

Qualcomm receives US permission to sell 4G chips to Huawei in exception to ban

Reuters
Posted at Nov 14 04:01 PM

Qualcomm Inc on Friday received a license from the U.S. government to sell 4G mobile phone chips to China's Huawei Technologies Co Ltd, an exemption to U.S. trade restrictions imposed amid rising tensions with China. Read more »

After Biden election win, China will seek to renegotiate trade deal, Beijing advisers say

Cissy Zhou, South China Morning Post
Posted at Nov 09 01:36 PM

Donald Trump’s phase one trade deal is seen as ‘twisted’ in Beijing, leading insiders to predict an attempt at renegotiation under Joe Biden. But US trade experts say it is unlikely Biden can do anything that could be construed as being soft on China. Read more »

US lodges appeal against WTO ruling in China’s favor over trade war tariffs

Finbarr Bermingham, South China Morning Post
Posted at Oct 27 02:09 PM

At a World Trade Organization meeting in Geneva on Monday, it was confirmed that the US had lodged an appeal against a disputes court ruling in China’s favor. China had sued the US over the unilateral imposition of two rounds of trade war tariffs, but lack of appeal court means US appeal cannot be heard. Read more »

US bans China sweetener products, claiming breach of forced labor law

Owen Churchill in United States, South China Morning Post
Posted at Oct 21 08:49 PM

The U.S. Customs order to seize imports of stevia made by Inner Mongolian company is based on ‘conclusive evidence’. The finding is a warning to US importers to clean up supply chains or face seizures and forfeiture, the agency says. Read more »

Japan not joining US plan to exclude Chinese firms from telecoms networks

Reuters
Posted at Oct 16 10:22 AM

Japan informed the United States that Tokyo, at the moment, won't participate in Washington's plan to exclude Chinese firms from telecommunications networks, the Yomiuri newspaper reported on Friday, citing several sources. Read more »

China 2020 growth forecast almost doubled to 1.9 percent by IMF

Agence France-Presse
Posted at Oct 13 11:33 PM

China's economy is expected to grow 1.9 percent this year, almost twice as much as previously forecast, the International Monetary Fund said Tuesday, tagging the superpower as the only major nation likely to expand in the face of the coronavirus. Read more »

China chip giant SMIC shares dive on US export controls

Jerome Taylor, Agence France-Presse
Posted at Sep 28 05:39 PM

Shares in China's biggest chip maker tumbled Monday on reports that Washington had imposed export controls on the company, the latest salvo in the battle for technological dominance over Beijing. Read more »

Automakers sue US government over tariffs on Chinese imports

Agence France-Presse
Posted at Sep 24 07:29 AM

Major automakers Tesla, Volvo, Ford and Mercedes Benz have sued to the US government over tariffs on Chinese goods, demanding customs duties paid on imports be returned, with interest.   Read more »

Hong Kong protests to US over 'made in China' labeling rules

Kyodo News
Posted at Sep 16 10:16 PM

Hong Kong on Wednesday officially protested new US labeling rules for Hong Kong-made products, in a bid to resolve the row without recourse to the World Trade Organization. Read more »

China stokes tensions with fresh probe into Australian wine

Agence France-Presse
Posted at Aug 31 03:16 PM

China said Monday it had launched another probe into Australian wine imports, accusing Canberra of using subsidies to give firms "an edge" over local rivals, in the latest salvo as trade and diplomatic relations between the two deteriorate. Read more »

China to hold trade talks with U.S. soon: Commerce Ministry

Kyodo News
Posted at Aug 20 05:44 PM

The Commerce Ministry said Thursday that China will hold trade talks with the United States soon, after U.S. President Donald Trump said earlier this week that he had delayed them. Read more »