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Keyword: redchina

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  • China’s economic growth cools amid trade tensions

    07/15/2018 9:10:45 PM PDT · by Olog-hai · 6 replies
    Associated Press ^ | Jul. 15, 2018 10:43 PM EDT | Joe McDonald
    China’s economic growth slowed in the quarter ending in June, adding to challenges for Beijing amid a mounting tariff battle with Washington. The world’s second-largest economy expanded by 6.7 percent, down from the previous quarter’s 6.8 percent, the government reported Monday. Even before the dispute with Washington erupted, forecasters expected growth to cool after Beijing started tightening controls on bank lending last year to rein in surging debt. Economic activity is expected to decline further as global demand for Chinese exports weakens and lending controls weigh on construction and investment, major contributors to growth. Beijing has responded to previous downturns...
  • "I think the European Union is a foe," Trump says ahead of Putin meeting in Helsinki

    07/15/2018 1:39:12 PM PDT · by tcrlaf · 64 replies
    CBS News ^ | 7-15-2018 | CBS
    Coming off a contentious NATO summit and a trip to the U.K. in which he seemed to undercut the government of America's closest ally, President Trump took aim at another Western institution just days before his high-stakes meeting with Russian President Vladimir Putin. In an interview with "CBS Evening News" anchor Jeff Glor in Scotland on Saturday, President Trump named the European Union -- comprising some of America's oldest allies -- when asked to identify his "biggest foe globally right now." "Well, I think we have a lot of foes. I think the European Union is a foe, what they...
  • China: US ‘selfish’ about intellectual property rights

    07/13/2018 6:48:23 PM PDT · by ameribbean expat · 43 replies
    President Trump’s administration has a “selfish” attitude toward intellectual property rights, a Chinese diplomat said Friday amid the White House's crackdown on IP theft. “No one has the monopoly over the application of IPR to promote social and economic development,” Chinese Foreign Ministry spokeswoman Hua Chunying told reporters. “Innovation and IPR shall be harnessed for the progress and benefit of all mankind, instead of being reduced to a tool used by the U.S. to suppress others' development and serve its selfish interests.”
  • Former detainees recount abuse in Chinese re-education centres

    07/11/2018 11:24:43 AM PDT · by Heartlander · 10 replies
    The Globe and Mail ^ | July 3, 2018 | Nathan VanderKlippe
    ‘It is about Xi as the leader of the world’: Former detainees recount abuse in Chinese re-education centres Authorities in China’s far western Xinjiang province have made loyalty to President Xi Jinping a central part of an extensive political re-education campaign that requires detainees to swear allegiance to the Communist Party while forswearing a Muslim faith that they are told to repeat is “stupid.”Large numbers – researchers estimate the total in the hundreds of thousands – of people have been placed in Chinese facilities known as re-education centres, where they are forcibly indoctrinated. Many of those detained are Muslim Uyghurs...
  • China commerce ministry official says new U.S. tariff plan harms WTO system, globalization

    07/10/2018 8:00:56 PM PDT · by Olog-hai · 28 replies
    Reuters ^ | July 10, 2018 10:27 PM | Stella Qiu and Beijing Monitoring Desk, Elias Glenn
    China’s assistant commerce minister said on Wednesday that the latest proposed tariffs from the United States harms the World Trade Organization system and hurts globalization. […] The Ministry of Commerce’s Li Chenggang said the only correct choice for China-U.S. relations was cooperation. …
  • Inside China’s Dystopian Dreams: A.I., Shame and Lots of Cameras

    07/08/2018 5:03:00 PM PDT · by Theoria · 5 replies
    The New York Times ^ | 08 July 2018 | Paul Mozur
    In the Chinese city of Zhengzhou, a police officer wearing facial recognition glasses spotted a heroin smuggler at a train station. In Qingdao, a city famous for its German colonial heritage, cameras powered by artificial intelligence helped the police snatch two dozen criminal suspects in the midst of a big annual beer festival. In Wuhu, a fugitive murder suspect was identified by a camera as he bought food from a street vendor. With millions of cameras and billions of lines of code, China is building a high-tech authoritarian future. Beijing is embracing technologies like facial recognition and artificial intelligence to...
  • China eyes expanded business ties with Eastern Europe amid EU concerns

    07/06/2018 7:45:31 PM PDT · by Olog-hai · 2 replies
    Reuters ^ | July 6, 2018 9:37 PM | Tsvetelia Tsolova
    Chinese Premier Li Keqiang will offer the leaders of central and eastern Europe on Saturday expanded business ties at a summit in Sofia while seeking to reassure the EU that Beijing is not trying to divide the continent. Li, whose attendance at the seventh such “16+1” summit coincides with an escalating trade war between China and the United States, will also try to dispel growing doubts among some participants about the value of the annual meetings. China has promised billions for development projects in the region as part of its Belt and Road strategy to carve out new export markets,...
  • China’s bravado belies worries over trade clashes with US

    07/05/2018 8:25:46 PM PDT · by Olog-hai · 6 replies
    Associated Press ^ | Jul 05, 2018 10:41 PM EDT | Christopher Bodeen and Joe McDonald
    China says it’s girded for a trade war with the U.S. and can give as good as it gets, but behind the official bravado lies a deep unease over trade friction with Washington. “There are those who believe the U.S. must lose and China must win,” Li Xiao, a leading economics professor, said in a commencement speech last weekend at northern China’s Jilin University. “I think this is wishful thinking that defies common sense,” Li said in remarks that circulated widely online this week, praised as a reality check as the world’s two largest economies stood ready to exchange tit-for-tat...
  • China says will not fire first shot in trade war with U.S. [chia hsin-wen]

    07/04/2018 11:49:14 AM PDT · by Olog-hai · 17 replies
    Reuters ^ | July 4, 2018 2:56 AM | Stella Qiu, Ben Blanchard
    China will “absolutely not” fire the first shot in a trade war with the United States and will not be the first to levy tariffs, its finance ministry said on Wednesday. A person with knowledge of the plan earlier told Reuters China’s threatened tariffs on $34 billion of U.S. goods would take effect from the beginning of the day on Friday. Given the 12-hour time difference, that would have put its implementation ahead of Washington’s. Other media carried similar reports. But the ministry issued a brief clarification in response. “The Chinese government’s position has been stated many times. We absolutely...
  • Exclusive: China presses Europe for anti-U.S. alliance on trade

    07/03/2018 11:10:26 PM PDT · by Olog-hai · 12 replies
    Reuters ^ | July 3, 2018 9:03 AM | Robin Emmott, Noah Barkin
    China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump’s trade policies at a summit later this month but is facing resistance, European officials said. In meetings in Brussels, Berlin and Beijing, senior Chinese officials, including Vice Premier Liu He and the Chinese government’s top diplomat, State Councillor Wang Yi, have proposed an alliance between the two economic powers and offered to open more of the Chinese market in a gesture of goodwill. One proposal has been for China and the European Union to launch joint action against the United States at...
  • In China Trade War, Apple Worries It Will Be Collateral Damage

    06/21/2018 8:27:59 PM PDT · by cba123 · 19 replies
    NY Times ^ | June 18, 2018 | By Jack Nicas and Paul Mozur
    SAN FRANCISCO — Apple’s chief executive, Timothy D. Cook, may be the leader of the world’s most valuable public company, but lately he has had to act a lot like the tech industry’s top diplomat. Last month he visited the Oval Office to warn President Trump that tough talk on China could threaten Apple’s position in the country. In March, at a major summit meeting in Beijing, he called for “calmer heads” to prevail between the world’s two most powerful countries. (please see link, for full article)
  • Apocalypse Angie: Merkel's Dark View of the World We Live In

    06/07/2018 10:09:00 AM PDT · by Olog-hai · 21 replies
    Der Spiegel ^ | June 05, 2018 04:12 PM | René Pfister
    When Angela Merkel visited her party’s parliamentary group in mid-April, she didn’t talk about how she wants to change the pension system. Tolls on German highways were also not on her list, nor were all the problems with diesel emissions in the country. She didn’t even complain about the Christian Social Union (CSU), the outspoken Bavarian sister party to her Christian Democrats. Instead, she wanted to talk about the Peace of Augsburg, signed in 1555. […] […] If you look at the world through her lens, the riders of the apocalypse are already appearing on the horizon. […] In her...
  • Angela Merkel calls for better data security cooperation with China

    05/26/2018 3:01:33 PM PDT · by Olog-hai · 3 replies
    Deutsche Welle ^ | 05.25.2018 | rs/sms (AFP, dpa)
    At the end of her two-day visit to China, German Chancellor Angela Merkel on Friday called for better data protection assurances for German firms in future cooperation with Beijing. “Data is a deciding factor, and for companies data protection is naturally also fundamental,” she told reporters during a visit to the southern city of Shenzhen — China’s Silicon Valley. Merkel said that during her talks with Chinese leaders on Thursday in Beijing, she spoke “critically” about China’s cybersecurity law, saying it lacks protection for companies’ intellectual property and raises human rights concerns. […] In earlier talks with Chinese Premier Li...
  • Merkel visits China seeking united front against Trump on trade, Iran

    05/22/2018 7:10:34 AM PDT · by Olog-hai · 61 replies
    AFP via TheLocal.de ^ | 22 May 2018 14:18 CEST+02:00
    Chancellor Angela Merkel visits China on Thursday, seeking to close ranks with the world’s biggest exporting nation as US President Donald Trump shakes up explosive issues from trade to Iran’s nuclear deal. Finding a common strategy to ward off a trade war and keep markets open will be Merkel’s priority when she meets with President Xi Jinping, as Washington brandishes the threat of imposing punitive tariffs on aluminium and steel imports. “Both countries are in agreement that open markets and rules-based world trade are necessary. That’s the main focus of this trip,” Merkel’s spokeswoman Martina Fietz said in Berlin on...
  • Airlines caving to Beijing despite White House protest [calling Taiwan part of Red China]

    05/22/2018 5:04:54 AM PDT · by Olog-hai · 10 replies
    Associated Press ^ | May 22, 2018 6:55 AM | Erika Kinetz
    Global airlines are obeying Beijing’s demands to refer to Taiwan explicitly as a part of China, despite the White House’s call this month to stand firm against such “Orwellian nonsense.” The Associated Press found 20 carriers, including Air Canada, British Airways and Lufthansa, that now refer to Taiwan, the self-ruled island that Beijing considers Chinese territory, as a part of China on their global websites. There are just three days left for dozens of foreign airlines to decide whether to comply with Beijing’s orders, or face consequences that could cripple their China business, including legal sanctions. Many have already sided...
  • 'Absurd and incomprehensible': France warns that US-China trade deal could cost Europe

    05/20/2018 3:45:33 PM PDT · by Olog-hai · 31 replies
    TheLocal.fr ^ | 20 May 2018 15:00 CEST+02:00 | AFP
    Europe could end up rueing a potential new deal between China and the United States after the two sides stepped back from a trade war, France’s Economy Minister Bruno Le Maire warned on Sunday. “The United States and China risk entering an agreement at the expense of Europe if Europe is not capable of showing a firm hand,” Le Maire told CNEWS television. “The United States wants to make Europe and European countries pay for China’s bad behavior. All of that is totally absurd and incomprehensible for allies,” he said. His comments came after a joint statement issued in Washington...
  • US, China say Beijing commits to buying more American goods

    05/19/2018 2:28:10 PM PDT · by Olog-hai · 5 replies
    Associated Press ^ | May 19, 2018 4:48 PM | Martin Crutsinger and Paul Wiseman
    Just-ended U.S.-China trade talks produced a commitment by Beijing to “significantly increase” its purchases of American goods and services, according to a joint statement Saturday from the rival economic powers trying to lower trade tensions. They also agreed on “meaningful increases” in U.S. exports of agriculture and energy products and greater efforts to increase trade in manufactured goods and services. The statement, however, provided no dollar amounts on how much China might boost its purchases of American products. The statement also was silent on whether the talks had made progress in easing the trade standoff between the world’s two biggest...
  • Beijing showing signs of compromise in trade talks with US

    05/18/2018 10:39:01 PM PDT · by Olog-hai · 14 replies
    Associated Press ^ | May 18, 2018 5:26 PM | Paul Wiseman and Kelvin Chan
    China is sending conciliatory signals as U.S. and Chinese negotiators meet in Washington to try to head off a trade war between the world’s two biggest economies. Beijing has dropped an anti-dumping investigation into imported U.S. sorghum, which it had accused the United States of unfairly subsiding. It has also given approval for a U.S. private equity firm to buy Toshiba’s memory chip business. Those gestures could suggest a thaw with the U.S. as trade talks went on for a second day Friday in Washington. “China has come to trade,” Larry Kudlow, the top White House economic adviser, told reporters....
  • Germany seeks Russian support after Donald Trump's Iran decision

    05/12/2018 9:27:41 AM PDT · by Olog-hai · 46 replies
    Deutsche Welle ^ | 05.11.2018 | Jefferson Chase
    One unintended consequence of Donald Trump’s decision to pull the United States out of the Iran nuclear agreement has been to bring Germany and Russia together again. German-Russian relations had soured because of alleged Russian cyberattacks and the Kremlin’s annexation of Crimea. But the US President’s hardline policy on around the Joint Comprehensive Plan of Action (JCPOA) for Iran has intensified the search for common ground in Berlin and Moscow. German Chancellor Angela Merkel is scheduled to meet Russian President Vladimir Putin in Sochi on May 18, and on Friday morning the two spoke on the telephone. “The importance of...
  • Cheney on Threats to U.S.: ‘I Think the Chinese Long-term Are the Most Serious, ...’

    05/10/2018 1:02:32 PM PDT · by cba123 · 12 replies
    Breitbart ^ | 10 May, 2018 | Jeff Poor
    In an interview that aired Thursday on Fox Business Network’s “Morning with Maria,” former Vice President Dick Cheney offered an assessment of the current threats to the United States and declared that long-term, China presents the “most serious” threat. “My concern is, I sense that there are several rising at once,” Cheney said. “We say it’s the Russians, or it’s the Chinese. I think the Chinese long-term are the most serious, have the most capability, and have made some phenomenal gains economically, which they’re now converting to better military capability, and so forth.” (please see link for full article)