Us China Trade War

Us China Trade War News

US introduces bill to ban Chinese investment in agribusiness
World

US introduces bill to ban Chinese investment in agribusiness

The move comes after the Fufeng Group, a China-based company, purchased 300 acres of farmland near Grand Forks, North Dakota, a rural area that lies about a 90-minute drive from the Canadian border

US, Taiwan launch trade talks in challenge to China
World

US, Taiwan launch trade talks in challenge to China

Taiwan is the 10th largest export market for the United States as well as a vital source of semiconductors which are seeing a global shortage, hitting industries that rely on them from autos to smartphones and pushing inflation higher

Why Joe Biden’s virtual summit with Xi Jinping may be America’s 'Chamberlain moment'
World

Why Joe Biden’s virtual summit with Xi Jinping may be America’s 'Chamberlain moment'

The proposed talks are nothing but eyewash. The die has already been cast. Ironically, even without the majority of Americans knowing about it

US-China trade war: WTO says American tariffs on Beijing in 2018 broke global trade rules
World

US-China trade war: WTO says American tariffs on Beijing in 2018 broke global trade rules

The Donald Trump administration has continued to play an active role in the World Trade Organisation, but many of Trump’s biggest trade offensives over the past three years have bypassed the organisation’s rules

Huawei says, starting 2021, its smartphones will run HarmonyOS instead of Android
News & Analysis

Huawei says, starting 2021, its smartphones will run HarmonyOS instead of Android

The source code for HarmonyOS will be made available beginning in December to software developers.

US 'looking at' banning TikTok and other Chinese social media apps, says Mike Pompeo
World

US 'looking at' banning TikTok and other Chinese social media apps, says Mike Pompeo

US lawmakers raised security concerns over TikTok's handling of user data, saying they were worried about Chinese laws requiring domestic companies 'to cooperate with intelligence work controlled by Communist Party.'

Repositioning global supply chains out of China will not be easy; Beijing will enjoy an advantage even post-coronavirus
Business

Repositioning global supply chains out of China will not be easy; Beijing will enjoy an advantage even post-coronavirus

China has been the factory of the world for 30 long years, with its determined economic growth and stability. Due to the coronavirus pandemic, anti-Chinese rhetoric has been fomented in a number countries and some — like the US and Japan — are vehemently trying to relocate their supply chains elsewhere

Rupee falls 14 paise to close at 75.80 on concerns over US-China trade tiff, second wave of coronavirus infection
Business

Rupee falls 14 paise to close at 75.80 on concerns over US-China trade tiff, second wave of coronavirus infection

The rupee depreciated by 14 paise to 75.80 (provisional) against the US dollar on Wednesday as headwinds due to US-China trade tiff and worries over the second wave of coronavirus infection weighed on investor sentiment

Boeing cuts 787 Dreamliner production after second straight quarter of losses; may resume 737 MAX production at low rates in 2020
Business

Boeing cuts 787 Dreamliner production after second straight quarter of losses; may resume 737 MAX production at low rates in 2020

Demand for Boeing’s bigger and more profitable 787 jet had waned as a result of the US-China trade war.

Huawei reportedly says that most of its phones will get Google's contact-tracing update
News & Analysis

Huawei reportedly says that most of its phones will get Google's contact-tracing update

Smartphones including Huawei's will also need to have Bluetooth Low Energy to run Google-Apple's upcoming contact tracing tool.

Evidence of coronavirus' effect on US economy grows more ominous, will shrink 7% in 2020, predict economists
Business

Evidence of coronavirus' effect on US economy grows more ominous, will shrink 7% in 2020, predict economists

Retail sales—a primary driver of the US economy—are almost surely suffering further during April because business shutdowns will have been in effect for the entire month, compared with just half of March

Apple warns sales to fall short of target due to coronavirus impact; co's manufacturing facilities in China 'ramping up slowly'
Business

Apple warns sales to fall short of target due to coronavirus impact; co's manufacturing facilities in China 'ramping up slowly'

Apple said it will reopen China stores “as steadily and safely as we can,” while global supplies of iPhones will be limited as manufacturers work toward operating plants at full capacity

UK finds itself in awkward position when it comes to Huawei 5G implementation in the country
News & Analysis

UK finds itself in awkward position when it comes to Huawei 5G implementation in the country

Huawei mainly competes with two Scandinavian rivals, Finland's Nokia and Sweden's Ericsson, for wireless infrastructure contracts

From Italy to Hong Kong, today’s youth may have found a way to confront nationalist dictatorships
World

From Italy to Hong Kong, today’s youth may have found a way to confront nationalist dictatorships

Billionaire investor George Soros, known for his outspoken liberal views, condemns the rise of nationalist dictators, says survival of open societies is endangered as the world faces an even greater crisis: climate change

Rupee rises 7 paise to 70.75 against dollar in early trade on signs of easing Sino-US trade tensions
Business

Rupee rises 7 paise to 70.75 against dollar in early trade on signs of easing Sino-US trade tensions

At the interbank foreign exchange the rupee opened at 70.80 against the US dollar, then gained further ground and touched a high of 70.75 against the dollar.

Sensex, Nifty open on volatile note tracking losses in banking stocks; weak inflation weigh in on domestic investor sentiment
Business

Sensex, Nifty open on volatile note tracking losses in banking stocks; weak inflation weigh in on domestic investor sentiment

HDFC twins, ICICI Bank, HUL, L&T, Ultratech Cement and ONGC were among the top losers in the Sensex pack, shedding up to 0.63 percent

Indian govt allows Huawei to participate in trials for 5G networks from January onwards
News & Analysis

Indian govt allows Huawei to participate in trials for 5G networks from January onwards

India’s nod to Huawei comes at a time when the global rollout of 5G technology has been complicated by US sanctions against the company.

Corporate India garners Rs 8.7 lakh cr from domestic, overseas markets in 2019; debt preferred route
Business

Corporate India garners Rs 8.7 lakh cr from domestic, overseas markets in 2019; debt preferred route

Of the total Rs 6.2 lakh crore mopped up through Indian debt markets, over Rs 6 lakh crore came from the private placement and Rs 16,425 crore through public issuance

China to lower import tariffs on some products from 1 January; Beijing looks to boost foreign goods buy amid slowing economy
Business

China to lower import tariffs on some products from 1 January; Beijing looks to boost foreign goods buy amid slowing economy

Next year, China will implement temporary import tariffs, which are lower than the most-favored-nation tariffs, on more than 850 products, the finance ministry said on Monday.