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Margrethe Vestager scares the tech giants. If we leave the EU, we’ll miss her17h Margrethe Vestager scares the tech giants. If we leave the EU, we’ll miss her
Trump says the competition commissioner hates the US, but what she really hates is tax avoidanceThe greatest economic threat facing Europe is of falling hopelessly behind the US and China in adopting the next generation of technology. That is the view of many across Europe’s industrial and financial sectors who watch with wonder the proxy battle between the US and Chinese administrations on behalf of their tech giants. Business leaders from Dublin to Warsaw are open-mouthed – not so much at the often-bizarre tug of war between the two sides as at the fact that these economic blocs can lay claim to almost all the world’s tech giants.
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A New Red Scare Is Reshaping Washington28h A New Red Scare Is Reshaping Washington
A long-defunct Cold War group has come back to life to warn of the dangers of China. They also risk triggering a new Red Scare.
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Is Huawei a Security Threat? Vietnam Isn’t Taking Any Chances 19 Jul 9:02am Updated Is Huawei a Security Threat? Vietnam Isn’t Taking Any Chances
As the world splits along U.S.-China fault lines, telecom companies in Vietnam appear to be quietly avoiding the Chinese tech giant in their 5G plans.
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I bought a £16 dress it costs £13.50 to return it to China - is this lawful? 19 Jul 2:39am I bought a £16 dress it costs £13.50 to return it to China - is this lawful?
I recently bought a dress from the website SheChic. I didn't like it when it came and discovered to my horror that it had to be returned to China at a cost of £13.50.
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DealBook Briefing: Trade Talks Are Stalled Over Huawei 18 Jul 6:47am Updated DealBook Briefing: Trade Talks Are Stalled Over Huawei
Revived trade negotiations between the U.S. and China are said to be stuck as officials debate how much Washington should ease up on the company.
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A Prosperous China Says ‘Men Preferred,’ and Women Lose 17 Jul 4:12am Updated A Prosperous China Says ‘Men Preferred,’ and Women Lose
Gender is now one of the most important factors behind income inequality in China, where workplace discrimination and court rulings have set women back.
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DealBook Briefing: Tariffs Aren’t Offsetting the Trade War Pain 16 Jul 8:53am Updated DealBook Briefing: Tariffs Aren’t Offsetting the Trade War Pain
President Trump says his fight with Beijing is hurting China’s economy but generating billions for the U.S. That’s not entirely true.
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Populist Mayor Is Picked to Run Against Taiwan’s President 15 Jul 10:22pm Updated Populist Mayor Is Picked to Run Against Taiwan’s President
Han Kuo-yu, the mayor of Kaohsiung, favors closer ties with China, offering voters a stark contrast to President Tsai Ing-wen, who is often sharply critical of Beijing.
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Tariffs on China Don’t Cover the Costs of Trump’s Trade War 15 Jul 7:10pm Updated Tariffs on China Don’t Cover the Costs of Trump’s Trade War
The president’s payments to farmers hurt by Chinese retaliation have so far exceeded the revenue from tariffs on imports on Chinese goods.
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How is China Super League attracting big name footballers? This is Moneyball 15 Jul 12:28pm How is China Super League attracting big name footballers? This is Moneyball
In recent weeks, we've seen Rafa Benitez become boss of Dalian Yifang and Marko Arnautović join Shanghai SIPG in the China Super League.
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China’s Economic Growth Hits 27-Year Low as Trade War Stings 15 Jul 10:31am Updated China’s Economic Growth Hits 27-Year Low as Trade War Stings
Rising tariffs on Chinese goods sold to the U.S. are taking an increasing toll, but the country is also suffering from cracks in its financial system.
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TEMPLETON EMERGING MARKETS: Investment trust shrugs off US-China trade war 15 Jul 8:35am Updated TEMPLETON EMERGING MARKETS: Investment trust shrugs off US-China trade war
Rearranging the management deckchairs at Templeton Emerging Markets Investment Trust has done little to disrupt the fund's investment performance.
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15 Jul 7:42am Updated DealBook Briefing: China’s Economic Growth Is at Its Slowest Since 1992
Chinese officials said growth in the second quarter was just 6.2 percent, showing the limits of Beijing’s ability to juice its economy.
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China growth rate hits 27-year low as trade war drags on - business live 15 Jul 2:59am Updated China growth rate hits 27-year low as trade war drags on - business live
Rolling coverage of the latest economic and financial news, including reaction to the latest Chinese GDP report
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Trade war damage as China growth weakens to 27-year low 15 Jul 1:01am Trade war damage as China growth weakens to 27-year low
China's economic growth slowed to its weakest level for 27 years in the second quarter of the year - damaged by the country's trade war with the US.
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Chinese economic growth falls to 6.2% as global slowdown bites 15 Jul 12:42am Chinese economic growth falls to 6.2% as global slowdown bites
The world’s second-biggest economy has also been hit by the trade dispute with the US and experts say it could get worse Chinese growth slowed to its weakest pace in almost three decades in the second quarter with the US-China trade war and weakening global demand
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China’s Economic Growth Slows as Trade War With U.S. Deepens 14 Jul 10:57pm China’s Economic Growth Slows as Trade War With U.S. Deepens
The economy expanded at its slowest pace in more than a quarter-century as exports and auto sales faltered and the financial system showed cracks.
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A Koch Executive’s Harassment in China Adds to Fears Among Visitors 12 Jul 2:57pm Updated A Koch Executive’s Harassment in China Adds to Fears Among Visitors
Amid worsening trade tensions, an American businessman was barred from leaving for days, in an apparent message to President Trump. Others worry they may be next.
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11 Jul 5:00am Updated Want to Profit from a Trade War? There’s an Investment Fund for That
There are funds on the market that could help you profit from American trade tensions with countries like China. But short-term bets are inherently risky.
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A Billionaire’s Fall Spotlights Child Sexual Abuse in China 10 Jul 5:53am Updated A Billionaire’s Fall Spotlights Child Sexual Abuse in China
The police detained Wang Zhenhua for unspecified “personal reasons,” but officials are calling for an investigation after reports accused him of molestation.
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US-China trade war blamed as BASF issues hefty profits warning - business live 9 Jul 4:52am Updated US-China trade war blamed as BASF issues hefty profits warning - business live
Rolling coverage of the latest economic and financial news, as chemicals giant BASF hits investors with a profits warning
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US-China trade war and interest rate rises spell losses for the super-rich 9 Jul 12:00am US-China trade war and interest rate rises spell losses for the super-rich
After seven years of growth, assets of the richest people on the planet fall by 3%
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A Power Plant Fiasco Highlights China’s Growing Clout in Central Asia 6 Jul 10:54am A Power Plant Fiasco Highlights China’s Growing Clout in Central Asia
Beijing is using its financial might to expand its influence, eroding centuries of Russian dominance in a vast, resource-rich region.
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5 Jul 2:18pm Updated Samsung, Stung by Trade War, Expects a Big Plunge in Profits
The technology giant predicted a 56 percent drop in quarterly operating profit, as the trade war between the United States and China caused havoc in the computer chip and smartphone markets.
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5 Jul 8:34am Samsung, Stung by Trade War, Foresees Big Profit Plunge
The tech giant forecast a 56 percent fall in quarterly operating profit, as the U.S.-China trade war caused havoc in chip and smartphone markets.
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Breakdown of global trading system is looming, Australian economist warns 3 Jul 1:45am Breakdown of global trading system is looming, Australian economist warns
Ross Garnaut paints gloomy picture amid US-China trade war and a more protectionist approach globally The eminent economist Ross Garnaut has said Australia must come to terms with the looming reality that the global trading system is “breaking down”. The US and China agreed to a ceasefire at the G20 summit in Japan at the weekend, after they slapped hundreds of billions in tariffs against each other in a trade war that
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China Snares Tourists’ Phones in Surveillance Dragnet by Adding Secret App 2 Jul 5:19pm Updated China Snares Tourists’ Phones in Surveillance Dragnet by Adding Secret App
Border authorities routinely install the app on the phones of people entering the Xinjiang region by land from Central Asia, gathering personal data and scanning for material considered objectionable.
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Trade wars could shipwreck global economy, warns Mark Carney 2 Jul 2:53pm Trade wars could shipwreck global economy, warns Mark Carney
Bank of England boss says Donald Trump’s widening trade spats and Brexit uncertainty are denting growth Trade tensions triggered by Donald Trump’s tariff policies could “shipwreck” the global economy and are having a chilling effect on growth, the governor of the Bank of England has warned. Mark Carney said on Tuesday that policymakers were underestimating the impact of the US president’s trade spat with China, Mexico and the European Union. He added that trade tensions had increased the “downside risks” for a UK economy already grappling with Brexit uncertainty.
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Global markets rally and gold tumbles as investors cheer thawing in US-China trade dispute 2 Jul 3:51am Updated Global markets rally and gold tumbles as investors cheer thawing in US-China trade dispute
The FTSE 100 index rose 1 per cent, or 71.87 points, to a more than nine-month high of 7497.5 points. The gains were mirrored on major benchmarks across Europe as well as in the US and Asia.
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2 Jul 3:35am Li Keqiang, Chinese Premier, Makes a Modest Peace Offering on Trade
Mr. Li said China would reduce tariffs and ease restrictions on foreign investment, which could ease trade tensions somewhat with the United States.
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1 Jul 4:55pm US shares hit record and gold drops as trade talk hopes rise
Renewed hopes of a US-China trade deal see investors sell gold, while US stocks hit a fresh record.
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Why Many in China Oppose Hong Kong’s Protests 1 Jul 3:15pm Updated Why Many in China Oppose Hong Kong’s Protests
It goes beyond propaganda.
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Global markets rally as hopes of US-China trade deal rise 1 Jul 12:35pm Global markets rally as hopes of US-China trade deal rise
Wall Street hits record high after Donald Trump and Xi Jinping agree to resume talks Stock markets around the world have rallied sharply amid raised hopes of a peace deal in the US-China trade war. Shares on Wall Street hit
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1 Jul 12:17pm US shares rise to a record and gold drops as trade talk hopes rise
Renewed hopes of a US-China trade deal see investors sell gold, while US stocks hit a fresh record.
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Wall Street hits record high as US-China trade truce cheers markets - business live 1 Jul 9:52am Updated Wall Street hits record high as US-China trade truce cheers markets - business live
Trade optimism is pushing markets up despite weak factory data in the UK, the eurozone and China
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1 Jul 9:50am Gold price drops and shares gain as trade talk hopes rise
Renewed hopes of a US-China trade deal sees investors sell gold, while US stocks hit a fresh record.
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UK factories suffers biggest contraction in six years; trade truce boosts markets - business live 1 Jul 9:24am Updated UK factories suffers biggest contraction in six years; trade truce boosts markets - business live
Trade optimism is pushing markets up despite weak factory data in the UK, the eurozone and China
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1 Jul 9:22am Gold price drops sharply as trade talk hopes rise
Investors sell gold, often seen as a safe asset in times of uncertainty, amid hopes of a US-China deal.
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UK manufacturing PMI hits six-year low; trade truce boosts markets - business live 1 Jul 6:50am Updated UK manufacturing PMI hits six-year low; trade truce boosts markets - business live
Trade optimism is pushing markets up despite weak factory data in the UK, the eurozone and China
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FTSE 100 hits two-month high after US-China trade truce - business live 1 Jul 4:33am Updated FTSE 100 hits two-month high after US-China trade truce - business live
Trade optimism is pushing markets up despite weak factory data
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Markets rally after Trump and Xi agree to resume talks 1 Jul 4:13am Markets rally after Trump and Xi agree to resume talks
Stock markets have rallied after the US and China agreed to restart trade talks, easing fears over the escalation of a damaging dispute between the world's two biggest economies.
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Stock markets surge after US and China agree trade truce - business live 1 Jul 3:00am Updated Stock markets surge after US and China agree trade truce - business live
Rolling coverage of the latest economic and financial news
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The U.S. and China Are Talking Trade Again. But They’re Still Far Apart. 30 Jun 7:55pm The U.S. and China Are Talking Trade Again. But They’re Still Far Apart.
As the United States eased restrictions on China, President Trump faced questions over whether he was giving up too much in return for vague promises.
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A China-U.S. Trade Truce Could Enshrine a Global Economic Shift 29 Jun 1:15pm Updated A China-U.S. Trade Truce Could Enshrine a Global Economic Shift
Though details are scarce, any peace that leaves higher American tariffs in place could continue to hurt China’s status as the world’s factory floor.
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29 Jun 9:26am Updated G20 summit: Trump and Xi agree to restart US-China trade talks
The US agrees a pause in hostilities with China on trade, and makes a concession over tech firm Huawei.
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US-China trade talks back on track, says Trump 29 Jun 4:45am Updated US-China trade talks back on track, says Trump
President says US will not impose further tariffs after meeting with Xi Jinping at G20
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As Trump and Xi Talk Trade, Huawei Will Loom Large 28 Jun 11:21pm Updated As Trump and Xi Talk Trade, Huawei Will Loom Large
China is not expected to accept a deal to lift tariffs unless there’s relief for its biggest, most internationally successful tech company.
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Trump’s Case for China Tariffs Fails to Persuade Americans 28 Jun 11:15pm Updated Trump’s Case for China Tariffs Fails to Persuade Americans
A survey finds that voters think the trade measures will be bad for the United States, and that even most Republicans say they will lead to higher prices.
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Apple to Manufacture New Mac Pro Computer in China Instead of U.S. 28 Jun 5:52pm Updated Apple to Manufacture New Mac Pro Computer in China Instead of U.S.
The company’s move to shift assembly of the only major product it had made in America outside the country comes amid a continuing trade war between the United States and China.
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Trump’s Case for China Tariffs Fails to Persuade 28 Jun 2:42pm Updated Trump’s Case for China Tariffs Fails to Persuade
A survey finds that voters think the trade measures will be bad for the United States, and that even most Republicans say they will lead to higher prices.
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Investors focus on crunch G20 meeting between Trump and Xi - business live 28 Jun 9:39am Updated Investors focus on crunch G20 meeting between Trump and Xi - business live
Rolling coverage of the latest economic and financial news, as traders monitor the meeting in Osaka for signs of a break in the trade deadlock between the US and China
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DealBook Briefing: A Moment of Truth for a Trade Deal 28 Jun 6:26am Updated DealBook Briefing: A Moment of Truth for a Trade Deal
All eyes are on a pivotal meeting between President Trump and President Xi Jinping of China at the G-20.
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FTSE CLOSE: Ford to cut 12,000 jobs across Europe; Pendragon boss exits 27 Jun 11:46am FTSE CLOSE: Ford to cut 12,000 jobs across Europe; Pendragon boss exits
The FTSE 100 closed down 14 points, or 0.2%, at 7,402.33 as as trade tension between the US and China are at the forefront of traders' minds ahead of this weekend's G20 meetings.
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U.S. Versus China: A New Era of Great Power Competition, but Without Boundaries 27 Jun 9:17am Updated U.S. Versus China: A New Era of Great Power Competition, but Without Boundaries
Under President Trump, national security concerns over China’s rise have bled into trade and economic policy, and some officials see a long ideological struggle unfolding.
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‘My Plan B Is Maybe My Plan A’: Trump Threatens New Tariffs on China 26 Jun 2:54pm Updated ‘My Plan B Is Maybe My Plan A’: Trump Threatens New Tariffs on China
President Trump played down the importance of securing a trade deal with Beijing as he prepared to meet with President Xi Jinping of China this weekend.
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China suspends some Canadian pork imports as tensions rise 25 Jun 10:58pm China suspends some Canadian pork imports as tensions rise
China halted imports of some Canadian pork products as tensions between the countries rise.
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Waste giant Biffa guilty of sending nappies to China 25 Jun 5:00am Waste giant Biffa guilty of sending nappies to China
Biffa broke the law by exporting everything from underwear to socks in containers labelled as paper.
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FTSE LIVE: Boots to scrap plastic bags; Global markets eye G20; Sterling slips 24 Jun 10:47am Updated FTSE LIVE: Boots to scrap plastic bags; Global markets eye G20; Sterling slips
All eyes are on the G20 at the end of this week, with the trade war between China and the US - the world's two largest economies - representing the greatest risk to the global outlook.
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DealBook Briefing: New Tech Clampdowns Could Threaten a U.S.-China Trade Deal 24 Jun 7:08am Updated DealBook Briefing: New Tech Clampdowns Could Threaten a U.S.-China Trade Deal
America continues to undermine Chinese access to U.S. technology. That could loom over impending talks between President Trump and President Xi Jinping of China.
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FTSE LIVE: Boots to scrap plastic bags; Global markets eye G20; Sterling on the rebound 24 Jun 3:43am Updated FTSE LIVE: Boots to scrap plastic bags; Global markets eye G20; Sterling on the rebound
All eyes are on the G20 at the end of this week, with the trade war between China and the US - the world's two largest economies - representing the greatest risk to the global outlook.
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Global stocks sink but oil on the rise as US prepares Iran sanctions 23 Jun 9:42pm Global stocks sink but oil on the rise as US prepares Iran sanctions
Donald Trump to meet China president at G20, raising hopes of trade war breakthrough Financial markets around the world are braced for a renewed period of turbulence this week as the US readies fresh sanctions against Iran and amid rising hopes for a breakthrough in the US-China trade war. Donald Trump tweeted over the weekend that “major” additional sanctions were being prepared to use against Iran from Monday to block Tehran from developing nuclear weapons.
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Global markets braced for turmoil as US prepares Iran sanctions 23 Jun 11:43am Global markets braced for turmoil as US prepares Iran sanctions
Donald Trump to meet China president at G20, raising hopes of trade war breakthrough Financial markets around the world are braced for a renewed period of turbulence this week as the US readies fresh sanctions against Iran and amid rising hopes for a breakthrough in the US-China trade war. Donald Trump tweeted over the weekend that “major” additional sanctions were being prepared to use against Iran from Monday to block Tehran from developing nuclear weapons.
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Taiwan’s iPhone Tycoon Walks a Fraught U.S.-China Line in His Presidential Run 21 Jun 11:46pm Updated Taiwan’s iPhone Tycoon Walks a Fraught U.S.-China Line in His Presidential Run
Terry Gou, who stepped back from his electronics empire on Friday, must strike a balance between the Washington and Beijing as the trade war simmers.
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As Hong Kong Erupted Over Extradition Bill, City’s Tycoons Waited and Worried 21 Jun 10:05am Updated As Hong Kong Erupted Over Extradition Bill, City’s Tycoons Waited and Worried
Business titans who have prospered in the global financial center feared the wrath of China. They spoke out only after Beijing wavered. China’s rise has enriched, and intimidated, them.
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Taiwan’s iPhone Tycoon Walks a Fraught U.S.-China Line in Presidential Run 21 Jun 3:15am Taiwan’s iPhone Tycoon Walks a Fraught U.S.-China Line in Presidential Run
Terry Gou, who on Friday stepped back from his electronics empire, must strike a balance between the Washington and Beijing as the trade war simmers.
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Apple pleads with Trump for China trade war truce 21 Jun 12:57am Apple pleads with Trump for China trade war truce
Apple has warned that Donald Trump's threatened China trade war escalation could "tilt the playing field in favour of its global competitors."
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Apple warns Trump that more China tariffs will help rivals 20 Jun 10:00pm Apple warns Trump that more China tariffs will help rivals
Apple says US plans to impose more tariffs on Chinese goods would hurt its "global competitiveness".
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Walmart Agrees to Pay $282 Million to Settle Bribery Investigation 20 Jun 2:48pm Updated Walmart Agrees to Pay $282 Million to Settle Bribery Investigation
The settlement ends an inquiry into the retailer’s dealings with government officials in Brazil, Mexico, India and China, which came after a New York Times report in 2012.
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Bank of England cuts growth forecast as trade war and Brexit weigh 20 Jun 6:21am Bank of England cuts growth forecast as trade war and Brexit weigh
The Bank of England says it now expects zero growth in the UK economy in the second quarter of the year as no-deal Brexit fears and the US-China trade war weigh on demand.
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‘I feel like a target’: US trade war worries tech workers of Chinese descent 19 Jun 1:00am ‘I feel like a target’: US trade war worries tech workers of Chinese descent
According to a Guardian survey through Blind, employees are already facing negative consequences or predict problems Technology workers of Chinese descent say that they are experiencing backlash due to the US-China trade war and fears over Huawei, according to a survey commissioned by the Guardian through Blind, an app allowing anonymous workplace communication. “With the trade war against China and especially the Huawei case I feel like a target more and more every day,” an anonymous Amazon employee wrote in a comment on the app, which is popular among technology employees and verifies employment through work emails. “I can’t even feel comfortable about being Chinese because so many Americans see China as a threat now.”
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US-China trade war: Officials to resume talks before G20 18 Jun 11:21pm US-China trade war: Officials to resume talks before G20
Mr Trump says he will have an "extended meeting" with Chinese President Xi Jinping at the G20 next week.
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Trump and Xi Will Meet at G-20 Amid Stalled Trade Talks 18 Jun 5:10pm Updated Trump and Xi Will Meet at G-20 Amid Stalled Trade Talks
President Trump confirmed an “extended” meeting with President Xi Jinping of China next week, suggesting the countries were trying to find compromise.
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The Trade War With China Has an Upside for Consumers, Too 18 Jun 11:42am The Trade War With China Has an Upside for Consumers, Too
The Trump administration’s tariffs made that washing machine cost more, but gas is cheaper because the markets are jittery about the trade war.
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Trump and Xi to Meet at G-20 After Stalled Trade Talks 18 Jun 11:36am Updated Trump and Xi to Meet at G-20 After Stalled Trade Talks
President Trump confirmed he will meet with President Xi Jinping next week, as the United States and China try to restart stalled progress toward a trade deal.
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China Backs Hong Kong’s Leader Despite Huge Protests 18 Jun 5:06am Updated China Backs Hong Kong’s Leader Despite Huge Protests
Yet it is unclear how long Carrie Lam can continue to govern the territory after her retreat on a contentious extradition proposal.
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Businesses Plead to Stop More China Tariffs. They Expect to Be Ignored. 17 Jun 8:56pm Updated Businesses Plead to Stop More China Tariffs. They Expect to Be Ignored.
Companies say more tariffs would hurt businesses and consumers, but many have become resigned to the idea that president will do what he wants.
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UK-listed firms can sell shares in China for the first time 17 Jun 12:54am UK-listed firms can sell shares in China for the first time
UK-listed companies can sell shares in China for the first time from today as the London-Shanghai Stock Connect service opens for business.
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How Hong Kong’s Leader Made the Biggest Political Retreat by China Under Xi 16 Jun 4:39pm Updated How Hong Kong’s Leader Made the Biggest Political Retreat by China Under Xi
Limited consultation within the Hong Kong government, and none with the public, led to an unexpected setback for local authorities and China’s government.
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Listed companies in the UK are the first foreign firms to sell shares in China 16 Jun 3:45pm Listed companies in the UK are the first foreign firms to sell shares in China
The London-Shanghai Stock Connect will allow British companies to raise funds in Shanghai, and vice versa. More than 250 firms listed in Shanghai may be eligible to take part in Stock Connect.
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Bribes and Backdoor Deals Help Foreign Firms Sell to China’s Hospitals 15 Jun 9:53pm Updated Bribes and Backdoor Deals Help Foreign Firms Sell to China’s Hospitals
G.E., Siemens and others have prospered in a country where corruption pervades the market for medical equipment, according to a New York Times investigation. China’s 1.4 billion people pay the price.
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How Hong Kong’s Leader Makes the Biggest Political Retreat by China Under Xi 15 Jun 12:59pm How Hong Kong’s Leader Makes the Biggest Political Retreat by China Under Xi
Limited consultation within the Hong Kong government, and none with the public, led to an unexpected setback for local authorities and China’s government.
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The growing risk of a 2020 recession and crisis | Nouriel Roubini 14 Jun 9:36am The growing risk of a 2020 recession and crisis | Nouriel Roubini
The China-US trade war could derail the world economy but central banks lack tools to fight any crisis Last summer, my colleague Brunello Rosa and I
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Telegram boss links cyber attack during HK protests to China 13 Jun 4:20am Telegram boss links cyber attack during HK protests to China
The messaging service suffered a massive cyber attack during violent protests in Hong Kong on Wednesday.
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UK is best in Europe for unicorns but the easy money will run out one day 13 Jun 3:20am Updated UK is best in Europe for unicorns but the easy money will run out one day
The UK has produced more so-called unicorns - companies valued at more than $1billion but not listed on the stock market - than any country in the world other than the US and China.
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The Resurrection of Dolce & Gabbana 12 Jun 11:13pm Updated The Resurrection of Dolce & Gabbana
After last year’s debacle in China, the brand went dark. Now it may be on its way back.
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China Moves to Close Gap in Trade Expertise as Clash With Trump Intensifies 12 Jun 12:15am Updated China Moves to Close Gap in Trade Expertise as Clash With Trump Intensifies
Beijing called in one of its most experienced negotiators on trade policy shortly before talks with the United States collapsed, adding a veteran voice at a critical moment.
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Trump Says Mexico Tariffs Worked, Emboldening Trade Fight With China 11 Jun 2:48pm Updated Trump Says Mexico Tariffs Worked, Emboldening Trade Fight With China
President Trump backed off his threat to impose tariffs on Mexico last week — but the encounter suggests more tariffs could be on the way
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Apple supplier says iPhone will not be affected by US-China tariff war 11 Jun 12:16pm Apple supplier says iPhone will not be affected by US-China tariff war
Foxconn senior executive says company has more than enough capacity to make all iPhones bound for the US outside of China Apple’s iPhone could escape Donald Trump’s escalating trade war with China. Foxconn, one of Apple’s largest suppliers, has moved to reassure consumers and investors that prices and supplies of the Apple’s iPhone will not be affected by the ongoing US-China tariff war.
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I believe Huawei is independent, executive tells UK MPs 10 Jun 2:51pm I believe Huawei is independent, executive tells UK MPs
John Suffolk says Chinese requirement to cooperate with spy agencies does not apply Huawei is not obliged to compromise its products in order to comply with China’s intelligence law, a senior executive at the company has told MPs at a UK parliamentary hearing. John Suffolk, the telecoms firm’s global cybersecurity and privacy officer, said its understanding was that China’s 2017 requirement on companies to cooperate with its intelligence agencies when requested did not apply in its case.
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Thomas Cook in talks with Club Med owner to sell tour operator business 10 Jun 5:36am Updated Thomas Cook in talks with Club Med owner to sell tour operator business
UK travel company poised for breakup as China’s Fosun makes approach The breakup of the troubled travel company Thomas Cook has moved a step closer after it said it was in talks with the Chinese conglomerate Fosun International over selling its tour operator business. Following media reports, the 178-year-old travel company, which is
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Thomas Cook in talks with Club Med owner over tour operator business 10 Jun 3:57am Thomas Cook in talks with Club Med owner over tour operator business
UK travel company poised for breakup as China’s Fosun makes approach The breakup of the troubled travel company Thomas Cook has moved a step closer after it said it was in talks with Chinese conglomerate Fosun International over selling its tour operator business. Following media reports, the 178-year-old travel company, which is
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Thomas Cook confirms Fosun takeover approach 10 Jun 3:12am Thomas Cook confirms Fosun takeover approach
Thomas Cook has confirmed a takeover approach by China's Fosun, for its tour operator business.
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9 Jun 11:47am World Economic Leaders Warn of Fallout From Trade War Between U.S. and China
Shortly after dropping a threat of tariffs against Mexico, the Trump administration showed no inclination to back down in its dispute with Beijing.
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China Summons Tech Giants to Warn Against Cooperating With Trump Ban 8 Jun 4:43pm Updated China Summons Tech Giants to Warn Against Cooperating With Trump Ban
Chinese officials told companies Dell, Microsoft and Samsung that there would be dire consequences if they cut sales or pulled production from China, people familiar with the meetings said.
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Mnuchin Lays Blame for Failed Trade Talks on China 8 Jun 9:25am Updated Mnuchin Lays Blame for Failed Trade Talks on China
The Treasury secretary also said that President Trump will meet with China’s leader, Xi Jinping, at the G-20 leaders’ summit in Osaka, Japan, later this month.
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Trade Wars Stoke Economic Fear as G-20 Finance Ministers Gather in Japan 7 Jun 9:39pm Updated Trade Wars Stoke Economic Fear as G-20 Finance Ministers Gather in Japan
Treasury Secretary Steven Mnuchin will meet China’s central bank governor in the first meeting of senior officials from the countries since trade talks broke down.
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Putin and Xi Herald the Virtues of Globalism, Critiquing the U.S. on Trade 7 Jun 9:16pm Putin and Xi Herald the Virtues of Globalism, Critiquing the U.S. on Trade
The presidents of Russia and China used an investment conference to critique what they saw as increased protectionism by the United States amid rising tensions.
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7 Jun 5:28pm Wall St. Rallies on Hopes of U.S. Rate Cut, Trade Progress
Wall Street's major indexes charged higher on Friday, as sharply slowing U.S. job growth boosted hopes for Federal Reserve interest rate cuts while optimism about potential progress in U.S. trade fights with China and Mexico added to risk appetites.
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7 Jun 4:31pm Wall St. Ends Up Sharply on Rate Cut Hopes, Trade Optimism
Wall Street's major indexes charged higher on Friday, as sharply slowing U.S. job growth boosted hopes for Federal Reserve interest rate cuts while optimism about potential progress in U.S. trade fights with China and Mexico added to risk appetites.
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7 Jun 12:43pm Wall Street Rallies on Rate Cut Hopes, China Tariff Delay
Wall Street's main indexes rose 1% on Friday, as a sharp slowdown in May domestic job growth raised hopes of an interest rate cut, while Washington's decision to delay tariffs on Chinese goods added to the upbeat mood.
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In China, a Viral Video Sets Off a Challenge to Rape Culture 7 Jun 11:00am Updated In China, a Viral Video Sets Off a Challenge to Rape Culture
The images were meant to exonerate Richard Liu, the e-commerce mogul. They have also helped fuel a nascent #NoPerfectVictim movement.
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How China Tariffs Could Make Your Sweaters and Pants Cost More 6 Jun 11:37pm Updated How China Tariffs Could Make Your Sweaters and Pants Cost More
An array of added expenses may be passed on to consumers once the new trade policies are enacted.
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Five reasons the car industry is struggling 6 Jun 7:00pm Five reasons the car industry is struggling
Carmakers are facing a range of challenges, from slowing demand in China to stricter rules on emissions.
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Xi Jinping’s Visit to Russia Accents Ties in Face of Tensions with U.S. 5 Jun 11:58pm Updated Xi Jinping’s Visit to Russia Accents Ties in Face of Tensions with U.S.
Russia’s relations with China have improved gradually since 2014, when President Vladimir V. Putin announced a pivot to Asia after the Crimea crisis.
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In China, a Viral Video Sparks a Challenge to Rape Culture 5 Jun 9:40pm Updated In China, a Viral Video Sparks a Challenge to Rape Culture
The images were meant to exonerate Richard Liu, the e-commerce mogul. They have also helped fuel a nascent #NoPerfectVictim movement.
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Ford Is Fined in China as Trade Fight With U.S. Rages 5 Jun 2:11pm Updated Ford Is Fined in China as Trade Fight With U.S. Rages
A $25 million fine for anticompetitive practices appears to make the Detroit automaker the latest company to be singed in the U.S.-China economic clash.
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US rate cut expectations rise; IMF cuts China growth forecast - business live 5 Jun 4:20am US rate cut expectations rise; IMF cuts China growth forecast - business live
Rolling coverage of the latest economic and financial news, including new healthchecks on the world’s service sector companies
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Tiffany hit by lower-spending tourists 5 Jun 4:10am Tiffany hit by lower-spending tourists
High-end jeweller also says it could be hit by the tariffs war between the US and China.
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5 Jun 12:49am Updated In China, a Reuters Partner Blocks Articles on the Tiananmen Square Massacre
The 30th anniversary of the pro-democracy protests has prompted a censorship wave in China. Refinitiv, a data company partly owned by Reuters, complied.
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A Slower Economy. A Trade War. Now, China Faces Rising Food Prices. 5 Jun 12:17am Updated A Slower Economy. A Trade War. Now, China Faces Rising Food Prices.
Pork and fruit are costing more even as Beijing reassures the public that supplies are plentiful.
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4 Jun 5:15pm Updated Trump’s Tariffs Could Nullify Tax Cut, Clouding Economic Picture
President Trump’s plans to increase tariffs on imports from Mexico and China would wipe out the benefits of his signature tax cuts for the poorest Americans, analyses show.
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4 Jun 4:56pm World Bank warns of weaker global growth
The bank cuts its economic outlook for 2019 as US-China trade tensions create uncertainty.
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4 Jun 1:43pm In China, a Reuters Partner Blocks Articles on Tiananmen Square Massacre
The 30th anniversary of the pro-democracy protests prompts a censorship wave in China. Refinitiv, a data company partly owned by Reuters, complies.
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Oil costs plunge to January low as trade war dents demand 4 Jun 7:06am Oil costs plunge to January low as trade war dents demand
Global oil costs have hit their lowest level since January as demand is dented by the effects of the US-China trade war, according to market analysts.
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FTSE LIVE: Shares dive into the red again as investors fret over US-China tensions 3 Jun 11:22am Updated FTSE LIVE: Shares dive into the red again as investors fret over US-China tensions
Shares have dived well into the red again on Monday as investors continue to fret over US-China tensions. In company news Kier Group has warned it will miss profit targets
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For the Chao Family, Deep Ties to the World’s 2 Largest Economies 3 Jun 10:52am Updated For the Chao Family, Deep Ties to the World’s 2 Largest Economies
The family of Elaine Chao, the transportation secretary, has forged high-level political connections not only in the United States but also in China, where their shipping business has prospered.
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HAMISH MCRAE: The US-China tech war will last a generation and affect all of us 3 Jun 7:46am Updated HAMISH MCRAE: The US-China tech war will last a generation and affect all of us
The trade war is becoming a tech war, and it will carry on long after Donald Trump leaves the White House
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UK factory growth hits three-year low amid Brexit and trade war worries - business live 3 Jun 4:51am UK factory growth hits three-year low amid Brexit and trade war worries - business live
Rolling coverage of the latest economic and financial news, as City investors fear the US-China trade war is intensifying
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A ‘Bridge’ to China, and Her Family’s Business, in the Trump Cabinet 2 Jun 11:45pm Updated A ‘Bridge’ to China, and Her Family’s Business, in the Trump Cabinet
Elaine Chao has boosted the profile of her family’s shipping company, which benefits from industrial policies in China that are roiling the Trump administration.
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Global airline industry cuts profit forecast by more than a fifth 2 Jun 7:25am Global airline industry cuts profit forecast by more than a fifth
Passenger numbers are up but US-China trade dispute poses big threat, says international body The global airline industry is expected to record its lowest profits in five years amid rising fuel costs and weaker world trade. The International Air Transport Association (Iata), whose 290 members account for 82% of scheduled air traffic, on Sunday cut its forecast for earnings across the industry this year by more than a fifth.
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2 Jun 3:42am Updated Twitter Takes Down Accounts of China Dissidents Ahead of Tiananmen Anniversary
The company said the suspensions were an accident. But the move showed starkly the global political ramifications of Silicon Valley slip-ups.
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2 Jun 12:39am Updated China Strikes Defiant Stance on Trade Against Trump
In a new white paper, Beijing blamed the United States for the breakdown in trade talks. Some companies, like FedEx, are already feeling pressure from the Chinese government.
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As Trade War Spreads to Mexico, Companies Lose a Safe Harbor 1 Jun 9:51am Updated As Trade War Spreads to Mexico, Companies Lose a Safe Harbor
Trade tensions led American companies to shift operations to Mexico from China. President Trump’s latest tariff threat has upended that strategy.
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How Trump’s Trade War Is Being Fought Around the World 31 May 10:50pm Updated How Trump’s Trade War Is Being Fought Around the World
Mexico, China, Japan, Europe, Canada: The White House’s various conflicts add up to a broad assault on a postwar effort to build economic ties around the world.
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As China Takes Aim, Silicon Valley Braces for Pain 31 May 9:01pm As China Takes Aim, Silicon Valley Braces for Pain
The tech cold war is heating up. U.S. companies that depend on the giant China market are preparing themselves for the fallout.
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China Steps Up Trade War and Plans Blacklist of U.S. Firms 31 May 2:36pm Updated China Steps Up Trade War and Plans Blacklist of U.S. Firms
Without disclosing details, officials say they plan to retaliate against those who blockade Chinese companies, in an apparent response to Huawei’s problems.
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Trump’s Trade War and Its Many Fronts 31 May 9:55am Updated Trump’s Trade War and Its Many Fronts
Mexico, China, Europe, Canada: The White House’s various conflicts add up to a broad assault on a postwar effort to build economic ties around the world.
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China Plans a List of U.S. Firms to Block, in Answer to Trump 31 May 7:36am Updated China Plans a List of U.S. Firms to Block, in Answer to Trump
Without disclosing details, officials say they plan to retaliate against those who blockade Chinese companies, in an apparent response to Huawei’s problems.
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Why Californian wine will soon cost more in Beijing 31 May 12:09am Why Californian wine will soon cost more in Beijing
China is poised to hike tariffs on US goods and American farmers and vineyards are set to feel the pain.
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Trade War Starts Changing Manufacturers in Hard-to-Reverse Ways 30 May 8:40pm Updated Trade War Starts Changing Manufacturers in Hard-to-Reverse Ways
With no end in sight to the tariff duel with China, American companies are shifting supply chains and making other moves for the long haul.
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FTSE LIVE: UK shares pick up after torrid trade war slide; FirstGroup to sell Greyhound buses 30 May 11:52am Updated FTSE LIVE: UK shares pick up after torrid trade war slide; FirstGroup to sell Greyhound buses
The trade spat between the US and China took an interesting turn yesterday when Beijing threatened to restrict rare earth mineral exports to the US.
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Aldi sets up shop in China as the German discounter eyes global domination 30 May 8:50am Updated Aldi sets up shop in China as the German discounter eyes global domination
It’s not just UK domination that German discount chain Aldi has its sights set on – the cut price supermarket is now marching into China with its first physical shops.
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30 May 7:15am Updated DealBook Briefing: A U.S.-Europe Trade War Looms
The focus has been on China, but Europe may soon find itself in a fight with President Trump on tariffs.
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Trump needs to make peace with China and get a cut in interest rates | Larry Elliott 29 May 7:00pm Trump needs to make peace with China and get a cut in interest rates | Larry Elliott
US president’s target has tended to be Beijing but his focus is likely to turn more to the Federal Reserve Stock markets around the world are sending a message to Donald Trump: end your trade war with China or face the nightmare scenario of running for a second term in the White House with the economy in serious trouble. The
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This Boutique Bike Shop Shows How Trump’s Tariffs Can Hit the Little Guy 29 May 12:33pm Updated This Boutique Bike Shop Shows How Trump’s Tariffs Can Hit the Little Guy
It’s hard for a small, China-dependent company to reorient its supply chain on a dime.
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Global markets fall as China prepares to hit back at US in trade war 29 May 11:45am Global markets fall as China prepares to hit back at US in trade war
Dow Jones slumps after Beijing signals readiness to restrict exports of rare-earth elements Financial markets around the world have sold off sharply amid the escalating US-China trade war after Beijing signalled a readiness to strike back at Washington by restricting exports of
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FTSE LIVE: UK stocks fall sharply at the open; Losses deepen at Stobart 29 May 11:38am Updated FTSE LIVE: UK stocks fall sharply at the open; Losses deepen at Stobart
The blue-chip index took a tumble as traders struggled to find anything other than the US-China trade war to focus on.
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Malaysia cracks down on imported plastic waste - video 29 May 10:06am Malaysia cracks down on imported plastic waste - video
The Malaysian government says the country has become a dumping ground for rich nations as it announces it will send as much as 3,000 tonnes of plastic waste back to the countries it came from. Malaysia became the world's main destination for plastic waste after China banned its import last year. 'We will fight back,' Malaysia’s environment minister, Yeo Bee Yin said. 'We will fight back. Even though we are a small country, we cannot be bullied by developed countries'
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Trump needs to make peace with China as well as interest rates cut | Larry Elliott 29 May 9:53am Trump needs to make peace with China as well as interest rates cut | Larry Elliott
US president’s target has tended to be Beijing but his focus is likely to turn more to the Federal Reserve Stock markets around the world are sending a message to Donald Trump: end your trade war with China or face the nightmare scenario of running for a second term in the White House with the economy in serious trouble. The
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Trade war escalation fears send markets tumbling 29 May 7:47am Trade war escalation fears send markets tumbling
World stock markets have fallen on signs that China is ready to use its supply of rare earth chemicals as leverage in the increasingly bitter trade dispute with the US.
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DealBook Briefing: Could the Trade War Spread to Wall Street? 29 May 7:38am Updated DealBook Briefing: Could the Trade War Spread to Wall Street?
Both inside and outside the White House, there are growing calls for a weakening of China’s links to U.S. financial markets.
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Stock markets fall amid US-China trade tensions – business live 29 May 6:24am Updated Stock markets fall amid US-China trade tensions – business live
Chinese media suggests rare earth minerals to be next battleground in dispute with Trump
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The Trade War’s Next Battle Could Be China’s Access to Wall Street 29 May 2:41am Updated The Trade War’s Next Battle Could Be China’s Access to Wall Street
As some inside and outside the White House call for weakening China’s links to U.S. financial markets, e-commerce giant Alibaba is considering listing its shares in Hong Kong.
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Alibaba Weighs a Hong Kong Listing as Trade Hawks Turn Up the Temperature 28 May 1:19pm Alibaba Weighs a Hong Kong Listing as Trade Hawks Turn Up the Temperature
The U.S.-traded Chinese company has long discussed such a move, but the news fuels debate as some inside and outside the White House call for weakening China’s links to Wall Street.
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Food Delivery Apps Are Drowning China in Plastic 28 May 3:00am Food Delivery Apps Are Drowning China in Plastic
The noodles and barbecue arrive within 30 minutes. The containers they come in could be around for hundreds of years thereafter.
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Trump Wants to Wall Off Huawei, but the Digital World Bridles at Barriers 27 May 6:11pm Trump Wants to Wall Off Huawei, but the Digital World Bridles at Barriers
Washington argues that global leaders must choose between an internet of Western values and one based on an authoritarian regime. If they do, how will data be divided? And would a self-reliant China be an even greater threat?
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SUNDAY NEWSPAPER SHARE TIPS: MaxCyte and IQE 26 May 10:38am SUNDAY NEWSPAPER SHARE TIPS: MaxCyte and IQE
This week, Midas looks at AIM-listed US cell therapy firm MaxCyte. and the Sunday Times assesses the prospects of IQE amid the fallout from Donald Trump's crusade against China's Huawei.
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Pain of Tariffs Tests Farmers’ Faith in Trump: ‘How Long Is Short-Term?’ 25 May 12:13am Updated Pain of Tariffs Tests Farmers’ Faith in Trump: ‘How Long Is Short-Term?’
The trade dispute with China has cost growers their No. 1 buyer, but they say the president is on the right course.
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24 May 5:56am Updated ‘How Long Is Short-Term?’ Pain of Tariffs Tests Farmers’ Faith in Trump
The trade dispute with China has cost growers their No. 1 buyer, but they say the president is on the right course.
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Good news for drivers as oil prices slump 5% in their biggest drop for six months 24 May 5:10am Updated Good news for drivers as oil prices slump 5% in their biggest drop for six months
Brent crude fell to around $67 a barrel last night. This mirrored a fall in stock markets - which have been battered by the escalating trade tensions between America and China.
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Global markets rocked as US-China trade and tech rift deepens 23 May 11:44pm Updated Global markets rocked as US-China trade and tech rift deepens
Shares fall sharply in Asia, Europe and North America in intensifying war of words The deepening trade and technology war between the US and China has sent global stock markets sharply lower and prompted a warning from the IMF of the increasing risks to the global economy. Shares fell sharply in Europe and North America on Thursday as investors took fright at the the intensifying war of words between Washington and Beijing, poor news on the American economy, and political chaos in Britain.
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Trump says Huawei could be part of trade deal 23 May 9:51pm Trump says Huawei could be part of trade deal
Huawei could feature in a US-China trade pact despite being "very dangerous", says the US president.
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Trump Gives Farmers $16 Billion in Aid Amid Prolonged China Trade War 23 May 7:22pm Updated Trump Gives Farmers $16 Billion in Aid Amid Prolonged China Trade War
The Trump administration announced an aid package for farmers on Thursday to mollify an important political constituency hurt by a trade clash with China.
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Stocks Slide Over Worsening U.S.-China Trade Tensions 23 May 5:13pm Updated Stocks Slide Over Worsening U.S.-China Trade Tensions
Investors seemed to be reacting to a growing sense that the dispute between Washington and Beijing was deepening and would continue indefinitely.
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Chip Makers Are Punished as the Trade War Drags On 23 May 4:39pm Updated Chip Makers Are Punished as the Trade War Drags On
Shares of Qualcomm, Nvidia and other American chip makers have tumbled as the companies find themselves at the center of the dispute between the U.S. and China.
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Markets dip as US-China trade war spooks investors 23 May 3:26pm Markets dip as US-China trade war spooks investors
Investors get the jitters as tensions rise between the US and China.
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23 May 2:32pm Chip Maker Shares Are Punished as the Trade War Drags On
Shares of Qualcomm, Nvidia and other American chip makers have tumbled as the companies find themselves at the center of the dispute between the U.S. and China.
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China’s Supply of Minerals for iPhones and Missiles Could Be a Risky Trade Weapon 23 May 1:55pm Updated China’s Supply of Minerals for iPhones and Missiles Could Be a Risky Trade Weapon
The country dominates production of the rare earths used in myriad technologies, but tangled global supply chains make it hard to hit the U.S. directly.
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Investors and Companies Scramble as U.S. China Trade War Seems Here to Stay 23 May 12:59pm Updated Investors and Companies Scramble as U.S. China Trade War Seems Here to Stay
The Trump administration is preparing to announce a substantial aid package for farmers as early as Thursday to mollify an important political constituency hurt by a trade clash with China.
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Huawei: China warns of investment blow to UK over 5G ban 23 May 11:04am Updated Huawei: China warns of investment blow to UK over 5G ban
A top Chinese diplomat tells the BBC there could be "substantial" repercussions if the UK bars Huawei.
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Mnuchin Presses Companies for Trade War Contingency Plans 22 May 6:34pm Mnuchin Presses Companies for Trade War Contingency Plans
The Treasury secretary spoke to the chief financial officer of Walmart about steering its supply chain away from China.
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Huawei: ARM memo tells staff to stop working with China’s tech giant 22 May 3:57pm Updated Huawei: ARM memo tells staff to stop working with China’s tech giant
Chinese company is dealt an "insurmountable" blow as chip designer says it must comply with US trade ban.
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How China Uses High-Tech Surveillance to Subdue Minorities 22 May 2:49pm Updated How China Uses High-Tech Surveillance to Subdue Minorities
China has turned the Xinjiang region in its far west into an incubator for automated authoritarianism that could spread across the country and beyond.
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Boeing Faces Compensation Demand From China’s Biggest Airlines 22 May 1:52pm Updated Boeing Faces Compensation Demand From China’s Biggest Airlines
The carriers, Air China, China Eastern and China Southern, which are all state-controlled, grounded dozens of 737 Max jets after a crash in Ethiopia in March.
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How China Uses Technology to Segregate and Subdue Millions 22 May 1:06pm How China Uses Technology to Segregate and Subdue Millions
China has turned the Xinjiang region in its far west into an incubator for automated authoritarianism that could spread across the country and beyond.
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China Faces New ‘Long March’ as Trade War Intensifies, Xi Jinping Says 22 May 8:25am China Faces New ‘Long March’ as Trade War Intensifies, Xi Jinping Says
The Chinese leader invoked a time of hardship before success in Communist Party history, at a time when the economy and consumers face other challenges.
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US-China trade war: Shoe giants urge Trump to end tariffs 22 May 6:24am Updated US-China trade war: Shoe giants urge Trump to end tariffs
Nike and Adidas are among 173 firms who say higher tariffs are "catastrophic" for consumers.
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Energy bills and air fares drive UK inflation up, as pound slides - business live 22 May 5:03am Updated Energy bills and air fares drive UK inflation up, as pound slides - business live
Rolling coverage of the latest economic and financial news, including the latest on the US-China trade war and new UK inflation figures
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Pound extends record losses against euro as Brexit crisis builds - business live 22 May 4:29am Updated Pound extends record losses against euro as Brexit crisis builds - business live
Rolling coverage of the latest economic and financial news, including the latest on the US-China trade war and new UK inflation figures
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Trade war: China keen to talk, as US mulls blacklisting more firms - business live 22 May 3:48am Updated Trade war: China keen to talk, as US mulls blacklisting more firms - business live
Rolling coverage of the latest economic and financial news, including the latest on the US-China trade war and new UK inflation figures
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Huawei’s U.S. Restrictions Expose a High-Tech Achilles’ Heel for China 22 May 2:48am Huawei’s U.S. Restrictions Expose a High-Tech Achilles’ Heel for China
China is heavily reliant on imported computer chips, despite efforts to develop its own semiconductor industry.
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U.S. Restrictions on Huawei Expose a High-Tech Achilles’ Heel for China 22 May 1:16am Updated U.S. Restrictions on Huawei Expose a High-Tech Achilles’ Heel for China
China is heavily reliant on imported computer chips, despite efforts to develop its own semiconductor industry.
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Global economy set to take a £472bn hit as Trump ramps up his trade war with China  21 May 6:57pm Global economy set to take a £472bn hit as Trump ramps up his trade war with China 
The row between China and US president Donald Trump could wipe 0.7 percentage points off growth by 2021-22, claims the Organisation for Economic Co-operation and Development.
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UK factories hit by falling orders, as Brexit uncertainty continues - business live 21 May 7:04am Updated UK factories hit by falling orders, as Brexit uncertainty continues - business live
Rolling coverage of the latest economic and financial news, as China threatens to retaliate over America’s clampdown on Huawei
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Trade war: OECD calls for ceasefire; US relaxes Huawei ban – business live 21 May 5:51am Updated Trade war: OECD calls for ceasefire; US relaxes Huawei ban – business live
Rolling coverage of the latest economic and financial news, as China threatens to retaliate over America’s clampdown on Huawei
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Trade war: Markets relieved as US relaxes Huawei ban – business live 21 May 5:04am Updated Trade war: Markets relieved as US relaxes Huawei ban – business live
Rolling coverage of the latest economic and financial news, as China threatens to retaliate over America’s clampdown on Huawei
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The New New World: As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain 20 May 11:54pm Updated The New New World: As Huawei Loses Google, the U.S.-China Tech Cold War Gets Its Iron Curtain
The White House’s hard-line approach threatens to speed up the development of two technology worlds, further isolating one-fifth of internet users.
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U.S. Tech Suppliers, Including Google, Restrict Dealings With Huawei After Trump Order 20 May 11:17pm Updated U.S. Tech Suppliers, Including Google, Restrict Dealings With Huawei After Trump Order
The moves could hamstring the Chinese tech giant, escalating a cold war between China and the United States over technology and trade.
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US ban on Huawei a ‘cynically timed’ blow in escalating trade war, says firm 20 May 8:26pm Updated US ban on Huawei a ‘cynically timed’ blow in escalating trade war, says firm
Top executive says dispute is about trade, not security, as US temporarily eases some restrictions to avoid hurting US companies The US ban on sharing technology with Huawei is a “cynically timed” blow in the escalating trade war between the US and China, the Chinese firm’s top executive in the UK has said. Huawei denounced Donald Trump’s ban on the sharing of US tech with “foreign adversaries”, after a string of US tech companies
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Materials maker Low & Bonar forces out its boss as the U.S.-China trade war bites 20 May 4:31pm Materials maker Low & Bonar forces out its boss as the U.S.-China trade war bites
As shares plunged more than 23 per cent, the London-listed materials maker said Philip de Klerk will step down at the beginning of July, with chairman Daniel Dayan taking charge for now.
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Jaguar Land Rover posts £3.6BILLION annual loss 20 May 10:42am Updated Jaguar Land Rover posts £3.6BILLION annual loss
Britain's largest carmaker - owned by Indian firm Tata - slumped from a £400million profit in the previous financial year as it was hit by the economic slowdown in China.
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Could the US-China trade row become a global cold war? | Nouriel Roubini 20 May 9:28am Could the US-China trade row become a global cold war? | Nouriel Roubini
If Donald Trump and Xi Jinping slide into ongoing animosity, the world will pay the price A few years ago, as part of a western delegation to China, I met Xi Jinping in Beijing’s Great Hall of the People. When addressing us, Xi argued that China’s rise would be peaceful, and that other countries – namely, the US – need not worry about the “Thucydides trap”, so named for the Greek historian who chronicled how Sparta’s fear of a rising Athens made war between the two inevitable. In his 2017 book
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Jaguar Land Rover posts record £3.6bn annual loss 20 May 6:41am Jaguar Land Rover posts record £3.6bn annual loss
Jaguar Land Rover (JLR) has reported a record annual loss of £3.6bn as sales remain weak in its core growth market, China.
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In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China 20 May 1:53am Updated In a Surprise, Japan’s Economy Grew in the First Quarter, Despite a Slowdown in China
But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.
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To Many Chinese, America Was Like ‘Heaven.’ Now They’re Not So Sure. 18 May 5:22am Updated To Many Chinese, America Was Like ‘Heaven.’ Now They’re Not So Sure.
As the trade war rages, ambivalence in China about the United States has posed an unusual challenge for the Communist Party.
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As Trade War Rages, China’s Sway Over the U.S. Fades 17 May 11:01pm Updated As Trade War Rages, China’s Sway Over the U.S. Fades
Beijing once could count on allies in business and politics to help get its way. Now many of its old allies are staying on the sidelines.
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Luckin, an Unprofitable Chinese Rival to Starbucks, Jumps in Its U.S. Trading Debut 17 May 4:08pm Updated Luckin, an Unprofitable Chinese Rival to Starbucks, Jumps in Its U.S. Trading Debut
The successful initial public offering by the rising coffee company bucks the recent trend of weakness among tech start-ups in China.
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17 May 2:04pm Updated Trade Tensions Keep Wall St. Under Pressure
U.S. stocks struggled for direction after three days of gains on Friday, as investors weighed mixed headlines on trade, with China's aggressive stance in its trade war with the United States remaining an overhang.
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How Xi’s Last-Minute Switch on U.S.-China Trade Deal Upended It 17 May 1:14pm How Xi’s Last-Minute Switch on U.S.-China Trade Deal Upended It
Xi Jinping miscalculated President Trump’s willingness to accept a changed deal. Now angry rhetoric could complicate efforts to return to negotiations.
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17 May 1:10pm Wall Street Seesaws Amid Heightened Trade Tensions
The S&P 500 was trading flat but was off session lows on Friday as investors tracked trade headlines after China took a hard stance on its tariff war with the United States.
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Pigs may complicate US-China trade negotiations 17 May 1:07pm Pigs may complicate US-China trade negotiations
The decline in pig numbers in China could make trade negotiations with the US more complicated, according to new research.
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Luckin, an Unprofitable Chinese Rival to Starbucks, Seeks U.S. Money 17 May 7:12am Updated Luckin, an Unprofitable Chinese Rival to Starbucks, Seeks U.S. Money
A successful initial public offering by the fast growing, big spending coffee company would buck the recent trend of weakness among tech start-ups in China.
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Huawei: China threatens to retaliate over US sanctions 16 May 12:52pm Updated Huawei: China threatens to retaliate over US sanctions
US-China tensions have risen after President Trump imposed measures widely thought to target Huawei.
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16 May 10:25am Wall St. Gains on Upbeat Earnings, Strong Economic Data
U.S. stocks rose on Thursday as upbeat earnings from Walmart and Cisco, and robust domestic economic data helped investors overlook worries about the ongoing trade war between the United States and China.
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Trade war: China blasts US over Huawei blacklisting – business live 16 May 7:51am Updated Trade war: China blasts US over Huawei blacklisting – business live
Rolling coverage of the latest economic and financial news, as America hits Huawei with a double-whammy
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The New New World: In China, Some Fear the End of ‘Chimerica’ 16 May 6:09am Updated The New New World: In China, Some Fear the End of ‘Chimerica’
As the trade war with the U.S. threatens to decouple the world’s two largest economies, some in China argue that the two sides benefit from the relationship more than they admit.
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Trump Moves to Ban Foreign Telecom Gear, Targeting Huawei in Battle With China 15 May 8:23pm Updated Trump Moves to Ban Foreign Telecom Gear, Targeting Huawei in Battle With China
The administration also announced that it had placed the company on a list of firms prevented from buying American parts and technologies without seeking approval.
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The Global Economy Was Improving. Then the Fighting Resumed. 15 May 7:51pm Updated The Global Economy Was Improving. Then the Fighting Resumed.
The escalating trade war between the United States and China is threatening the global economy.
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Trump Moves to Ban Foreign Telecom Gear, Targeting Huawei and Escalating Battle With China 15 May 5:42pm Updated Trump Moves to Ban Foreign Telecom Gear, Targeting Huawei and Escalating Battle With China
The ban was expected. American officials have long warned that they would stop sharing intelligence if allies installed Chinese technology on their 5G networks.
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Germany returns to growth; relief as Trump ‘delays car tariffs’ - as it happened 15 May 4:07pm Germany returns to growth; relief as Trump ‘delays car tariffs’ - as it happened
Germany’s economy has returned to growth, but retail spending has fallen in China and the US
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