China News

New York Times | Jan 21, 2019

The United States and China will meet later this month as administration officials look to calm volatile markets amid concerns an agreement may not be in reach.

New York Times | Jan 21, 2019

An open letter urges China to free two Canadian men, and warns that their detention will magnify distrust and impede international cooperation on research.

Guardian | Jan 21, 2019

Christine Lagarde’s economic health check in Davos hints that Trump should change course These days it does not matter how much the US economy is pumped with steroids, if China cannot keep pace, the rest of the world slows down.

Guardian | Jan 21, 2019

Rising protectionism and slide in US-China ties fuel pessimism of chief executives, says PwCPessimism among chief executives has risen sharply in the past 12 months as the leaders of the world’s biggest companies have taken fright at rising protectionism and the deteriorating relationship between the US and China.The survey of chief executives conducted by the consultancy firm PwC to mark the start of the World Economic Forum in Davos showed a sixfold increase to 30% in the number of CEOs...

Guardian | Jan 21, 2019

Open letter says the arrests mean diplomats are more cautious about work in ChinaMore than 140 former diplomats and leading China experts have called on Xi Jinping to release two Canadian citizens detained last month as a diplomatic stand-off between Ottawa and Beijing escalates.In an open letter Chinese president, former envoys to China from Canada, the UK, the US, Australia, Germany, Sweden and Mexico described how the arrests of Michael Kovrig, a Canadian diplomat on leave, and Michael Spavor, a businessman, have sent a chill through the diplomatic community.

Foxnews | Jan 21, 2019

U.S. and British navy ships conducted joint drills in the South China Sea last week in what they called a sign of their shared emphasis on regional peace and stability amid ongoing tensions.

Time | Jan 21, 2019

(DAVOS, Switzerland) — The world economy will be more sluggish this year, the International Monetary Fund warned Monday, citing trade disputes that have seen China slow to its weakest pace in 30 years as well as the impact of rising U.S. interest rates.
The IMF cut its forecast for global growth this year to 3.5 percent, from the 3.7 percent it had predicted in October and down from 2018’s 3.7 percent.
“After two years of solid expansion, the world economy is growing more slowly than expected and risks are rising,” said IMF Managing Director Christine Lagarde as she presented...

Guardian | Jan 21, 2019

Escalation of Trump’s trade war with China also a threat, says World Economic OutlookA no-deal Brexit and a sharper slowdown in China are the biggest risks to growth in the global economy in 2019, the International Monetary Fund has warned in its latest economic outlook.Amid already falling levels of growth in Europe, China and Japan, the IMF said an escalation of the trade war between ...

Time | Jan 21, 2019

(BEIJING) — Chinese investigators have determined that the doctor behind the reported birth of two babies whose genes had been edited in hopes of making them resistant to the AIDS virus acted on his own and will be punished for any violations of the law, a state media report said Monday.
Investigators in the southern province of Guangdong determined Dr. He Jiankui organized and handled funding for the experiment without outside assistance in violation of national guidelines, the Xinhua News Agency said.

Time | Jan 21, 2019

(SHANGHAI) — The Chinese government has granted Ivanka Trump’s company preliminary approval for another five trademarks this month, as her father’s administration pushes ahead on trade negotiations with China.
Four trademarks, including child care centers, sunglasses and wedding dresses, were approved on Sunday. A fifth, covering brokerage, charitable fundraising and art valuation services, was approved on Jan. 6, according to online trademark office records. The applications were filed in 2016 and 2017. If no one objects, they will be finalized after 90 days.
Ivanka Trump’s...

New York Times | Jan 21, 2019

Rabid fans flock to a restaurant serving as a shrine to the singer Teresa Teng, whose music was banned in China for being “decadent.” Long after her death, the government has warmed to her appeal.

Guardian | Jan 21, 2019

Number of people scaling north side to be reduced by a third and season shortenedChina is to cut the number of climbers attempting to scale Mount Everest from the north by one-third as part of plans for a major cleanup of the world’s highest peak, state media have reported.The total number of climbers seeking to reach the 8,850-metre (29,035ft) peak from the north will be limited to fewer than 300 and the climbing season restricted to spring, the reports said. ...

Guardian | Jan 21, 2019

Official data show China’s economy grew 6.6% last year as the world’s global elite head to the World Economic Forum 8.22am GMT Hussein Sayed, chief market strategist at forex broker FXTM, says this is propping up stock markets.Despite the complex situation, it seems markets are tending to believe that negotiations are moving in the right direction and this is likely to provide further support to risk sentiment.The release of Chinese GDP figures, which showed the economy has grown at its slowest pace in almost three decades, was not a surprise and this has been factored into asset prices....

Time | Jan 21, 2019

(BEIJING) — China’s 2018 economic growth fell to a three-decade low, adding to pressure on Beijing to settle a tariff war with Washington.
The world’s second-largest economy expanded by 6.6% over a year earlier, down from 2017’s 6.9%, official data showed Monday. Growth in the three months ending in December dipped to 6.4% — the lowest quarterly level since the 2008 global crisis — from the previous quarter’s 6.5%.
Communist leaders are trying to steer China to slower, more self-sustaining growth based on consumer spending instead of trade and investment. But the deceleration...

Guardian | Jan 21, 2019

Syndicate allegedly handled $1 million of stolen goods in the past year and may have run empire over a number of yearsPolice in New South Wales allege a Sydney family ran an expansive crime empire that stole and illegally exported thousands of tins of baby formula to China.Police on Monday said they had arrested six people, including four from the same family, over the alleged coordinated theft of more than 4,000 tins of baby formula, manuka honey and other goods....

Pages