Tag Archives: China

Winning: US Exports To China Plummet Another 22%

Axios reports: Imports of American products to China dropped to $10.3 billion in August, down 22% from the same month last year. Chinese exports to the U.S. also plummeted to $44.4 billion in August, down 16%. China’s trade surplus with the U.S. shrunk to $31.3 billion in August, down $27 billion from a year prior. Both sides of the escalating …

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Hong Kong Leader Withdraws Bill That Ignited Protests

The New York Times reports: Carrie Lam, Hong Kong’s chief executive, said on Wednesday that she was withdrawing a contentious extradition bill that set off months of protests in the city, moving to quell the worst political crisis since the former British colony returned to Chinese control 22 years ago. The move eliminates the major objection among protesters, but it …

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Chinese Spox: Trump Totally Lied About Us Calling Him

CNBC reports: One day later, China is still insisting no phone calls took place over the weekend that President Donald Trump claimed showed its willingness to talk again. “I have not heard of this situation regarding the two calls that the U.S. mentioned in the weekend,” Chinese Foreign Ministry spokesman Geng Shuang said at press conference on Tuesday. He had …

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China Denies Trump’s Claim They Called To Make Deal

NBC News reports: President Donald Trump said U.S. and Chinese officials spoke Sunday and he is optimistic China wants to make a deal after the trade war between the two countries escalated in recent days. “They want to make a deal,” Trump told reporters Monday. “That’s a great thing.” Speaking to reporters, Trump heaped praise on Chinese President Xi Jinping …

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Trump: I Can Totally Make Companies Cut Off China

The Hill reports: President Trump defended his declaration on Friday that American companies were “hereby ordered” to find alternatives to manufacturing in China, claiming that the 1977 International Emergency Economic Powers Act gave him the power to make such a pronouncement. Trump had previously cited the 1977 Act, which gives the president the power to regulate commerce during exceptional international …

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The Chosen One Raises Tariffs On China Again

CNBC reports: President Donald Trump will hike tariff rates on most imports from China in response to the latest shots in the trade war between the world’s two largest economies, he said Friday. The White House will raise existing duties on $250 billion in Chinese products to 30% from 25% on Oct. 1, the president tweeted. The tariffs on another …

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YouTube Spikes 200+ Hong Kong Disinfo Channels

The Verge reports: Google just published a blog post revealing that it has disabled 210 YouTube channels that the company says “behaved in a coordinated manner while uploading videos related to the ongoing protests in Hong Kong.” Google cites the behavior as being “consistent with recent observations and actions related to China announced by Facebook and Twitter.” The accounts were …

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Trump Rages Against “Enemy” Federal Reserve Chair, “Orders” US Companies To Stop Working With China

CNBC reports: President Donald Trump again ripped into Federal Reserve Chairman Jerome Powell on Friday, questioning whether he is a “bigger enemy” to the United States than Chinese President Xi Jinping. Trump tweeted his attack, which misspelled the central bank chief’s name before it was corrected, not long after Powell delivered a speech in Jackson Hole, Wyoming. As he uses …

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China Retaliates With Additional $75 Billion In Tariffs

CNBC reports: China said Friday it will impose new tariffs on $75 billion worth of U.S. goods and resume duties on American autos. The Chinese State Council said it decided to slap tariffs ranging from 5% to 10% on $75 billion U.S. goods in two batches effective on Sep. 1 and Dec. 15. It also said a 25% tariff will …

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CHINA: Parliament Spox Rules Out Same-Sex Marriage

Reuters reports: Limiting marriage to a relationship between a man and a woman will remain China’s legal position, a parliament spokesman said on Wednesday, ruling out following neighboring Taiwan in allowing same-sex marriage, despite pressure from activists. Taiwan’s parliament passed a bill in May that endorsed same-sex marriage, after years of heated debate over marriage equality that has divided the …

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Pro-Trump Chinese Cult Newspaper Furious At NBC “Hit Piece” Calling Them Pro-Trump Chinese Cult Newspaper

From the editor of the Epoch Times: Seeing the success of The Epoch Times as America’s fastest-growing newspaper, NBC News has published a hit piece that is riddled with inaccuracies, blatant errors, and misrepresentations. For example, NBC News mischaracterizes our subscription campaigns for our print newspaper. We provided NBC News with a statement back in June to clarify this, but …

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Twitter Says China Used Hundreds Of Fake Accounts To “Sow Political Discord” Against Hong Kong Protesters

TechCrunch reports: Twitter says a significant information operation involving hundreds of accounts linked to China were part of an effort to deliberately “sow political discord” in Hong Kong after weeks of protests in the region. In a blog post, the social networking site said the 936 accounts it found tried to undermine “the legitimacy and political positions of the protest …

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HONG KONG: Disney Star Spurs Boycott Call With Posts Supporting Police Against Pro-Democracy Protesters

From the Hollywood Reporter: Disney’s live-action Mulan remake has a become a surprise flashpoint in Hong Kong’s ongoing pro-democracy, anti-police brutality protests, after the film’s star, Chinese-American actress Crystal Liu, took to social media to voice her support for the Hong Kong police force. Liu’s statement sparked instant outcry in Hong Kong, where the local police have been accused by …

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Trump Administration Exempts Bibles From China Tariffs

Christianity Today reports: The Good Book got good news from the Trump administration today: America’s Bibles—most of which are printed in China and imported to the United States—are now exempt from the burgeoning trade war between the two nations. With a 10-percent hike on $300 billion worth of Chinese goods looming next month, the Office of the US Trade Representative …

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Protesters Close Hong Kong Airport For Second Day, China Vows To Punish Violence “Without Mercy” [VIDEO]

The BBC reports: Flight check-in has been suspended at Hong Kong International Airport for a second consecutive day because of anti-government protests. The airport, which is one of the world’s busiest, has been the site of daily protests since Friday. Videos on social media show passengers struggling to get through demonstrators, who have been sitting inside blocking departures. The city’s …

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US Farmers Face Growing Crisis Over Trump’s Tariffs

CNBC reports: U.S. farmers lost one of their biggest customers this week after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports. China’s exit piles on to a devastating year for farmers, who have struggled through record flooding and an extreme heat …

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US Declares China To Be A “Currency Manipulator”

Axios reports: U.S. Treasury Secretary Steven Mnuchin on Monday night declared China to be a currency manipulator, just hours after the Chinese government allowed the yuan to slip below a 7-to-1 dollar ratio for the first time in over a decade. Why it matters: This is a further ratcheting up of trade tensions between the two countries, and also marks …

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China Halts Purchases Of US Agricultural Products

Reuters reports: China has halted its purchases of U.S. agricultural products and will not rule out levying import tariffs on American farm imports purchased after Aug. 3, the Chinese Commerce Ministry said early on Tuesday. The moves by China represent the latest escalation in its trade row with the United States that has unnerved global markets and investors. “Related Chinese …

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China Vows To Retaliate Over Trump’s New Tariffs

NBC News reports: China shot back on Friday after President Donald Trump announced on Twitter that the U.S. would impose an additional 10 percent tariff on $300 billion in Chinese imports starting next month. Chinese foreign ministry spokeswoman Hua Chunying called Trump’s move a “serious violation” and warned Beijing would have to take “necessary countermeasures” if the tariffs were imposed. …

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Trump To Expand Tariffs To All Imports From China

Business Insider reports: President Donald Trump said Thursday he will expand tariffs to virtually all imports from China on September 1, marking a significant escalation in a more than yearlong trade war between the largest economies. “Trade talks are continuing, and……during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining …

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