China News Updates

Government, Business

China Approves Tariff-Free US Soybean Purchases

The Chinese government has given the go-ahead for five companies to buy up to 3 million tons of U.S. soybeans free of retaliatory import tariffs as trade negotiations between the two nations continue, according to people familiar with the situation.

July 24, 2019
Government, Business

China Considers Plan to Boost Purchases of US Soybeans

The Chinese government is in discussions with state and privately owned soybean buyers over a plan to raise purchases of U.S. supplies, according to people familiar with the situation.

July 22, 2019
Business, Technology

GM Chinese Ally SAIC Braces for First Decline in Annual Sales in 14 Years

SAIC Motor Corp. expects annual sales to fall for the first time in at least 14 years as China’s biggest automaker battles through a slump in demand roiling the world’s largest car market, according to people familiar with the matter.

July 19, 2019
Government, Business

Trump, Xi Struggle to Chart Path for Trade Talks

Slow progress and disagreement on key initial demands from Presidents Donald Trump and Xi Jinping is raising doubts about whether the U.S. and China will actually return to the negotiating table to overcome their much deeper differences.

July 18, 2019
Government, Business, Technology, Autonomous

Drone Tech Firm Cites Security in Cutting Ties With China’s Top Manufacturer

A supplier of drone technology to dozens of state and local law enforcement and public safety agencies, located in the United States and a handful of other countries, will stop working with Chinese drone manufacturers, citing security concerns.

July 17, 2019
Government, Business

Trump Says He Could Impose More China Tariffs

President Donald Trump reiterated that he could impose additional tariffs on Chinese imports if he wants, after promising to hold off on more duties in a trade-war truce he reached with China’s Xi Jinping last month.

July 17, 2019
Government, Business

WTO Issues Mixed Ruling Over US Duties for Subsidized Chinese Goods

The World Trade Organization on July 16 delivered a mixed judgment over America’s sanctions on subsidized goods produced by Chinese state-owned enterprises.

July 16, 2019
Government, Business

China’s Economy Growth Cools Further Amid US Tariff War

BEIJING — China’s economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington.

July 15, 2019
Government, Business, Logistics

US, China’s Top Trade Officials Make First Contact Since Truce

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone with their Chinese counterparts as the two sides relaunch trade talks, marking the first high-level contact since their presidents agreed to a tentative truce last month.

July 10, 2019
Government, Business

Trump, Xi to Meet at Trade-War Crossroads Fraught With Risks

President Donald Trump and China’s Xi Jinping are set to meet June 29 amid hopes they will hit the pause button in their trade war and resume the search for a longer-term peace.

June 28, 2019