Thursday, June 21, 2018

China angry over Trump’s latest tariff threats but gives no clues about countermeasures

China’s commerce ministry on Thursday accused Washington of being “protectionist” and “blackmailing” by threatening to impose further tariffs on Chinese products but the ministry declined to specify how Beijing will respond. Ministry spokesman Gao Feng told the regular press briefing in Beijing that the US has abused its import tariffs system and had started trade…

China set allow North Korea’s state airline to fly between Xian and Pyongyang, report...

China will allow North Korea’s Air Koryo to offer flights between Xian and Pyongyang from next month, a local newspaper reported, citing the Chinese city’s tourism authority. The move would make Xian, capital of northwestern Shaanxi province, the fifth Chinese city with an air link to the North Korean capital, after Beijing, Shenyang, Shanghai and…

China set to allow North Korea’s state airline to fly between Xian and Pyongyang,...

China will allow North Korea’s Air Koryo to offer flights between Xian and Pyongyang from next month, a local newspaper reported, citing the Chinese city’s tourism authority. The move would make Xian, capital of northwestern Shaanxi province, the fifth Chinese city with an air link to the North Korean capital, after Beijing, Shenyang, Shanghai and…

China Energy chiefs call off US trip as trade war brews

A scheduled trip to West Virginia by executives from China Energy Investment Corp to discuss a planned US$83.7 billion investment in the state has been cancelled, the latest victim of a growing trade war between the United States and China. The investment by China Energy, which ranks among the world’s largest power companies by asset…

US defence chief Jim Mattis to head to China amid Taiwan, South China Sea...

US Secretary of Defence Jim Mattis will visit China next week as tensions rise between the two countries over Taiwan and the South China Sea. Mattis said on Wednesday that he would visit Beijing and then Seoul next week, according to South Korea’s Yonhap News Agency. Pentagon spokesman Lieutenant Colonel Christopher Logan confirmed that Mattis…

Trump weighing plan to curb Chinese investment in more than 1,000 U.S. companies

This story is being published by the South China Morning Post as part of a content partnership with POLITICO. It was reported by Doug Palmer and Nancy Cook and originally appeared on politico.com on June 20, 2018. New U.S. investment restrictions could restrict Chinese access to over 1,000 U.S. companies in technology and other sectors…

US deals may become ‘political footballs’ as China hits back in trade row

Beijing could take measures to restrict US investment in China and tell Chinese companies not to do business with American firms, as the trade row between the two countries deepens, observers say. Foreign business groups said they had already seen cases where one or two European companies had gained procurement advantages as a result of…

China may find ‘more underhanded and damaging’ ways to hit back at US as...

Beijing could take measures to restrict US investment in China and tell Chinese companies not to do business with American firms, observers say, as the trade row between the two countries deepens. Foreign business groups said they had already seen cases where one or two European companies had gained procurement advantages as a result of…

China’s newest aircraft carrier likely to have catapult launch system

A photograph published on social media by one of the companies that develops China’s aircraft carriers appears to suggest that the latest vessel will be equipped with a catapult launch system, unlike either of its predecessors. China Shipbuilding Industry Corporation (CSIC) uploaded the picture on Wednesday, the state-backed tabloid Global Times reported, although it was…

Three catapult launchers spotted in image of China’s new aircraft carrier

A photograph published on social media by one of the companies that develops China’s aircraft carriers appears to suggest that the latest vessel will be equipped with a catapult launch system, unlike either of its predecessors. China Shipbuilding Industry Corporation (CSIC) uploaded the picture on Wednesday, the state-backed tabloid Global Times reported, although it was taken…
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