Stocks in Asia Pacific dipped on Friday as investors watched for developments from the G-20 summit in Osaka, Japan, where U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet amid the ongoing trade standoff. In Japan, the Nikkei 225 slipped 0.29% to close at 21,275.92, with shares of index heavyweight and […] Read more
The US and China have tentatively agreed to another truce in their trade war in order to resume talks aimed at resolving the dispute, sources familiar with the situation said. Details of the agreement are being laid out in press releases in advance of the meeting between Chinese President Xi Jinping and US President Donald […] Read more
Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China were almost there on a trade deal. “We were about 90% of the way there (with a deal) and I think there’s a path to complete this,” he told CNBC’s Hadley Gamble in Manama, Bahrain on Wednesday. He said he’s confident President Donald Trump […] Read more
Xi Jinping will be visiting Japan for the first visit since becoming China’s president, when he heads to Osaka this weekend to attend the Group of 20 summit. While Xi got off to a strained start with Japanese Prime Minister Shinzo Abe, the two have made significant progress in turning around their countries’ tense bilateral […] Read more
The Chinese government repeated its appeal for restraint in the Middle East on Friday amid rising international concern after reports that US President Donald Trump had approved military strikes on Iran before aborting the attack when the planes were in the air. The New York Times reported that on Thursday night Trump had ordered attacks […] Read more
A meeting between the two leaders has yet to be confirmed British Prime Minister Theresa May will raise concerns about the extradition bill in a meeting with Chinese Vice-Premier Hu Chunhua “Where the Internet is about availability of information, blogging is about making information creation available to anyone.” – George Siemens – Subscribe with THE ONLINE […] Read more
Sources warn that plan has generated concern about a lack of transparency and possible abuse of blacklist Measure to target organisations and individuals that pose a threat to Chinese firms or security was announced following US sanctions against Huawei “Journalism is an act of faith in the future.” – Ann Curry – Visit THE ONLINE PUBLISHERS […] Read more
Tesla’s requests to waive tariffs on the car company’s China-made center screen and car computer on its Model 3 has reportedly been denied. The U.S. Trade Representative previously denied a waiver request for Tesla’s autopilot “brain” in May. The automaker is seeking exemptions from the 25% tariffs imposed on certain imports from China by the […] Read more
A former leading trade advisor to President Donald Trump says he thinks the U.S. will emerge from its lengthy negotiations with China with a deal — but it won’t happen at the G-20 summit at the end of this month. “There won’t be a deal at the G-20,” Clete Willems tells Kayla Tausche at CNBC’s […] Read more
Beijing is turning the trade leaf: Its merchandise trade surplus with the U.S. is down at an annual rate of 10% in the first four months of this year. On current trends, that surplus could fall 24% in 2019. A friendly Trump-Xi meeting is likely during the G-20 summit in Osaka, Japan later this month. […] Read more
