Tag Archives: China

ABC News reports: Treasury Secretary Steven Mnuchin warned of a coming tariff hike if China does not finalize the specifics of a newly negotiated partial trade deal announced by President Donald Trump last week. The tariffs on 15% of $160 billion worth of Chinese goods impacting consumer electronics– cellphones, laptops, toys–would go into effect by Dec. 15. It was previously …

Deadspin reports: A day after NBA commissioner Adam Silver released a statement wondering whether everyone couldn’t just get along and enjoy some hoops, eight members of Congress, including Alexandria Ocasio-Cortez and Ted Cruz, signed a letter to Silver condemning the the NBA’s response to the controversy over Daryl Morey’s tweet supporting Hong Kong protestors. Perhaps basketball can bring everyone together. …

From the Hollywood Reporter: South Park creators Trey Parker and Matt Stone probably saw this coming, and to their credit, simply didn’t care. The most recent episode of South Park, “Band in China,” has been generating loads of media attention for its sharp critique of the way Hollywood tends to shape its content to avoid offending Chinese government censors in …

CNN reports: Several Chinese businesses are suspending ties with the Houston Rockets after the American basketball team’s general manager expressed support for Hong Kong’s pro-democracy protests. Daryl Morey [photo] set off a firestorm in China over the weekend when he posted an image on Twitter that read, “Fight for freedom, stand with Hong Kong.” Tensions between Hong Kong and Beijing, …

CNN reports: Thursday’s comments weren’t the first time Trump has injected Biden into his relationship with China, though he said Thursday he has never pushed Xi to investigate the former vice president. Nor is it the first time he has sought to trade favors with Xi, who this week celebrated the 70th birthday of his ruling communist party with a …

Because nothing matters anymore: President Trump on Thursday called on both Ukraine and China to investigate former vice president Joe Biden and his son Hunter in relation to the younger Biden’s business dealings during the tenure of the former vice president. He comments came as Kurt D. Volker, who resigned last week as the Trump administration’s special envoy for Ukraine, …

The Associated Press reports: U.N. Secretary-General Antonio Guterres warned global leaders Tuesday of the looming risk of the world splitting in two, with the United States and China creating rival internets, currency, trade, financial rules “and their own zero sum geopolitical and military strategies.” In his annual “state of the world address” to the General Assembly’s gathering of heads of …

Bloomberg Business reports: China hawks in Trump’s administration want Beijing to quit subsidizing strategic industries, yet that hasn’t deterred the White House from doling out billions in aid to American farmers, who have become more dependent on government money than they’ve been in years. At $28 billion so far, the farm rescue is more than twice as expensive as the …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …