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US says exports to China to nearly double in 'totally done' trade deal

David Lawder, Reuters
Posted at Dec 16 08:10 AM

A date for senior US and Chinese officials to formally sign the agreement is still being determined, US Trade Representative Robert Lighthizer said.   Read more »

China to buy $50 billion in US farm products in return for tariff concessions: sources

Jeff Mason, Andrea Shalal and David Lawder, Reuters
Posted at Dec 13 08:47 AM

A sourced briefed on the status of bilateral negotiations said the United States would suspend tariffs on $160 billion in Chinese goods expected to go into effect on Dec. 15 and roll back existing tariffs. Read more »

China to waive tariffs on some US soybeans, pork in goodwill gesture

Dominique Patton and Yawen Chen, Reuters
Posted at Dec 07 08:10 AM

The tariff waivers were based on applications by individual companies, the finance ministry said in a statement, citing a decision by the country's Cabinet without specifying the quantities involved. Read more »

World markets rattled as Trump says no trade deadline

Agence France-Presse
Posted at Dec 03 08:53 PM

Global equities mostly retreated Tuesday after US President Donald Trump warned there was no deadline for doing a trade deal with China. Read more »

US-China trade deal close, Trump says; negotiations continue

Andrea Shalal and Kevin Yao, Reuters
Posted at Nov 27 08:41 AM

Trump said Washington was in the "final throes" of work on a deal that would defuse a 16-month trade war with Beijing, but also underscored Washington's support for protesters in Hong Kong, a potential huge sore point with China. Read more »

Microsoft granted license to export 'mass-market' software to Huawei

Stephen Nellis and Alexandra Alper, Reuters
Posted at Nov 22 08:44 AM

The Commerce Department confirmed it had begun issuing licenses for some companies to sell goods to Huawei, expanding the company's supplier base and providing long-awaited clarity to the industry that once sold it billions of dollars worth of goods. Read more »

World Bank chief tells China it needs 'vital' reforms

Agence France-Presse
Posted at Nov 21 04:06 PM

State-owned behemoths dominate lucrative sectors of China's economy -- including energy, aviation and telecommunications -- where access to private players is restricted.  Read more »

Huawei plays down impact of new US license extension

David Shepardson, Reuters
Posted at Nov 20 12:03 PM

Huawei said on Monday that the latest extension would not "have a substantial impact on Huawei's business either way". Read more »

Oil prices tumble amid US-China trade uncertainty

Agence France-Presse
Posted at Nov 20 07:22 AM

Oil prices tumbled Tuesday as lingering questions over the US-China trade talks weighed on sentiment on a mixed day for global equity markets. Read more »

US to extend license for its companies to continue business with Huawei: sources

David Shepardson and Steve Holland, Reuters
Posted at Nov 18 08:55 AM

After adding Huawei to an economic blacklist in May citing national security concerns, the US Commerce Department has allowed it to purchase some American-made goods in a move aimed at minimizing disruption for its customers, many of which operate networks in rural America. Read more »

Hong Kong Q3 GDP shrinks 3.2 percent, confirms depth of recession

ABS-CBN News
Posted at Nov 15 05:51 PM

The economy shrank by a seasonally adjusted 3.2 percent in July-September from the previous quarter, in line with a preliminary reading, revised government data showed. Gross domestic product (GDP) contracted for the second consecutive quarter, meeting the technical definition of a recession. Read more »

Japan's economy nearly stalls in Q3 as trade war bites

Leika Kihara and Tetsushi Kajimoto, Reuters
Posted at Nov 14 10:39 AM

The world's third-largest economy grew an annualized 0.2 percent in the third quarter, slowing sharply from a revised 1.8 percent expansion in April-June, preliminary gross domestic product (GDP) data released by the government showed on Thursday. Read more »

Huawei defies odds after 180 days on US trade blacklist

Li Tao, South China Morning Post
Updated as of Nov 08 12:51 PM

When the US government added Huawei Technologies to its trade blacklist on May 16, the Trump administration expected to hobble the Chinese telecommunications gear maker's business by restricting its access to American hi-tech components. Read more »

Licenses for US firms to sell to Huawei coming ‘shortly,’ says commerce chief

Reuters
Posted at Nov 05 12:59 PM

Ross said the licenses “will be forthcoming very shortly” and that the US government had received 206 requests. Read more »

ASEAN members not pawns in geopolitical chessboard, Duterte says

ABS-CBN News
Posted at Nov 05 04:50 AM

NONTHABURI, Thailand—Amid a shifting geopolitical landscape in Asia, President Rodrigo Duterte said Monday that his government is expanding the horizons for Philippine diplomacy and supports an open and inclusive order in the Asia Pacific region, according to a Palace statement. Read more »

Chile's APEC cancellation raises new hurdle for US-China trade deal

Andrea Shalal and Steve Holland, Reuters
Posted at Oct 31 09:30 AM

US President Donald Trump said this week he hoped to sign an interim trade deal with Chinese counterpart Xi Jinping during the Nov. 16-17 Asia-Pacific Economic Cooperation summit in Chile. Chilean officials said they cancelled the summit to focus on restoring law and order in the country. Read more »

China slams US for 'economic bullying' of Huawei, ZTE

Agence France-Presse
Posted at Oct 30 08:13 AM

Chinese foreign ministry spokesman Geng Shuang slammed the US proposal as an attempt to "oppress certain Chinese businesses with groundless accusations". Read more »

US regulator to bar Huawei, ZTE from gov't subsidy program

David Shepardson, Reuters
Posted at Oct 29 09:54 AM

The Federal Communications Commission (FCC) also plans to propose requiring those carriers to remove and replace equipment from such designated companies, FCC officials said on Monday. Read more »

US, Chinese teams working on Phase 1 trade deal text: Mnuchin

Andrea Shalal and David Lawder, Reuters
Posted at Oct 17 08:57 AM

Mnuchin, in a wide-ranging news conference at the Treasury, said there was no invitation from Beijing for another high level meeting with Vice Premier Liu He on the trade deal outlined last week, but deputies were holding phone conferences this week. Read more »

Huawei says 9-month revenue up despite US pressure

Agence France-Presse
Updated as of Oct 16 04:26 PM

Huawei's revenues jumped 24.4 percent on-year to 610.8 billion yuan ($86.2 billion) and its profit margin increased 8.7 percent, it announced. Read more »