trade-war | ABS-CBN News

China's oil imports from Russia jump 55 pct on-year: customs

Agence France-Presse
Posted at Jun 20 04:56 PM

China's imports of oil from Russia rose 55 percent in May, customs data showed on Monday, with the West sanctioning fuel imports from Moscow over its invasion of Ukraine. Read more »

Palace leaves De Lima's fate up to courts

Job Manahan, ABS-CBN News
Posted at May 04 02:48 PM

'It is in the courts right now, let us simply let the law run its course,' the Palace said. Read more »

Nickel soars to record high of $54,880 per ton

Agence France-Presse
Posted at Mar 08 08:43 AM

Nickel soared to a record high of $54,880 per ton as the economic fallout from the Ukraine conflict widened. Read more »

US adds Chinese entities to red-flag export list

Reuters
Posted at Feb 08 01:06 PM

The US Commerce Department said on Monday it had added 33 Chinese entities to its so-called 'unverified list'. Read more »

WTO: China can slap duties on $645M of US imports

Robin Miollard, Agence France-Presse
Posted at Jan 27 08:53 AM

The World Trade Organization on Wednesday handed a fresh victory to China, permitting it to slap duties on $645 million worth of US imports per year, in a long-running anti-dumping dispute with Washington. Read more »

Biden's admin ignores calls to remove tariffs on China

Jacob Fromer in Washington, South China Morning Post
Posted at Aug 08 09:48 AM

More than 30 groups signed a letter to Biden officials imploring them to work with China towards the eventual goal of ‘full removal of tariffs’. Read more »

US to finalize program to replace Huawei equipment in networks

Reuters
Updated as of Jul 14 12:42 PM

The US Federal Communications Commission (FCC) voted unanimously on Tuesday to finalize a $1.9 billion program to reimburse mostly rural US carriers for removing equipment from Huawei and ZTE Corp. Read more »

US Senate passes sweeping bill to address China tech rivalry

David Shepardson, Reuters
Posted at Jun 09 09:46 AM

The US Senate voted 68-32 on Tuesday to approve a sweeping package of legislation intended to boost the country's ability to compete with Chinese technology. Read more »

Top China, US trade officials hold 'candid' first talks

Agence France-Presse
Updated as of May 27 01:29 PM

Trade officials from the US and China have held "candid, pragmatic" talks, China's commerce ministry said Thursday, their first discussions under the Biden era as Washington scrutinises whether Beijing is holding up its end of a trade pact. Read more »

Huawei plans to launch new operating system for phones in June

Reuters
Posted at May 25 02:01 PM

China's Huawei Technologies said it will launch its new Harmony operating system for smartphones on June 2, its biggest move yet aimed at recovering from the damage done by US sanctions to its mobile phone business.   Read more »

Huawei CEO calls for push into software to weather US pressure

Agence France-Presse
Posted at May 25 11:36 AM

The head of Chinese telecoms giant Huawei has called for an all-out push into software, an internal memo seen Tuesday says, as part of an accelerating product diversification aimed at weathering US sanctions. Read more »

Huawei founder urges software push to counter US sanctions

Reuters
Posted at May 24 09:17 PM

Founder of Chinese tech giant Huawei Technologies Ren Zhengfei has called on staff at the company to "dare to lead the world" in software as the company seeks growth beyond hardware operations crippled by US sanctions. Read more »

US industry group applauds NYSE move to delist three Chinese telecoms companies

South China Morning Post
Updated as of May 13 01:00 PM

A US industry group on Monday applauded the New York Stock Exchange's move to delist China's big three telecommunications carriers to comply with a ban introduced last year by the Trump administration. Read more »

China says to take necessary measures to uphold rights of Chinese companies

Reuters
Posted at Apr 09 04:22 PM

China said on Friday it would take necessary measures to uphold the rights and interests of Chinese companies, after the United States added Chinese supercomputing entities to an economic blacklist. Read more »

China's Xiaomi soars as US judge lifts it from backlist

Agence France-Presse
Posted at Mar 15 01:39 PM

Shares in Chinese smartphone maker Xiaomi surged more than 10 percent in Hong Kong on Monday after a US judge removed it from a blacklist that barred American companies from investing in it. Read more »

Game of drones: Chinese giant DJI hit by US tensions, staff defections

David Kirton, Reuters
Posted at Mar 08 08:15 AM

Chinese drone giant DJI Technology Co Ltd built up such a successful US business over the past decade that it almost drove all competitors out of the market. Read more »

China says ready to enhance exchanges with US on trade, economic front

Reuters
Posted at Feb 24 04:06 PM

China is ready to enhance exchanges with the United States on the trade and economic fronts, Wang Wentao, the country's new commerce minister, said on Wednesday. Read more »

Joe Biden to work with allies to stop China’s ‘economic abuses’

Robert Delaney, South China Morning Post
Posted at Jan 26 12:21 PM

Pledging ‘an approach of patience’, White House press secretary says Biden will evaluate the tariffs currently in place. Deliberations over the ban on investment in companies including China Mobile are being undertaken by the State and Treasury departments, says the spokeswoman. Read more »

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 »