China

Trade war 'hasn't made America great again,' says China

2 June 2019; DW: The Chinese government on Sunday issued a white paper claiming the trade dispute between Washington and Beijing was hurting the US economy.

"The (US) tariff measures have not boosted American economic growth. Instead, they have done serious harm to the US economy," the Chinese report said, pointing to what it described as a rise in production costs and consumer prices in the US.

China defence minister says Huawei not a military company

Singapore, Jun 2 (PTI) Huawei is not a military company despite its founder Ren Zhengfei's previous career in the army, China's Defence Minister General Wei Fenghe said Sunday, amid growing US-China tensions over trade and technology in which the Chinese telecom giant has been a main target.

China-US trade, investment are mutually beneficial: white paper

BEIJING, June 2 (Xinhua) -- China and the US are each other's largest trading partner and important source of investment, and their commercial cooperation has brought substantial benefits to both countries and both peoples, according to a white paper titled China's Position on the China-US Economic and Trade Consultations released by the State Council Information Office on Sunday.

In 2018, bilateral trade in goods and services exceeded US$750 billion, and two-way direct investment approached US$160 billion, the white paper said.

China blames US for trade dispute, ‘unacceptable demands’

BEIJING (AP) — China issued a report Sunday blaming the United States for a trade dispute and said it won’t back down on “major issues of principle.”

The statement from the Cabinet spokesman’s office said that China has kept its word throughout 11 rounds of talks and will honor its commitments if a trade agreement is reached.

“A country’s sovereignty and dignity must be respected, and any agreement reached by the two sides must be based on equality and mutual benefit,” it said.

China to launch four Hainan-1 satellites by the end of the year

SANYA, June 1. /TASS/: China intends to launch four remote Earth-observation satellites Hainan-1 by the end of 2019, according to Yang TianLiang, Director of Sanya Institute of Remote Sensing in Hainan under China’s Academy of Sciences. 

"At the end of 2019 we will launch four optical Hainan-1 satellites of the first series," the Hainan Daily newspaper reports. "By 2022, our institute plans to launch six more satellites of high spectral resolution Sanya-1 and synthetic aperture radar satellites Sansha-1," Yang said.

China warns Canada of ‘consequences’ of helping US

BEIJING (AP) — China warned Canada that it needs to be aware of the consequences of aiding the U.S. in an extradition case involving Chinese tech giant Huawei that is believed to have sparked the detentions of two Canadians in China.

Foreign ministry spokesman Geng Shuang’s comments came after U.S. Vice President Mike Pence and Canadian Prime Minister Justin Trudeau called for the release of Michael Kovrig and Michael Spavor.

China's US tariff hike to target Condoms, perfume, wine, pianos

31 May 2019; AFP: Condoms, perfume, wine and pianos are among a cocktail of American products that will be hit by a steep increase in Chinese tariffs on Saturday as Beijing retaliates in an escalating trade war.

The move will cap a week that was marked by a heated war of words and Chinese threats to curb exports of rare earths, which are key to US tech industries, after President Donald Trump blacklisted telecom giant Huawei.

"U.S. rebuilt China" claim over-exaggerated

BEIJING, May 30 (Xinhua) -- The "U.S. rebuilt China" claim touted by American politicians makes no sense both in theory and practice, an official said in an interview with Xinhua.

Saying the fallacy was over-exaggerated and a fanciful illusion, Fang Aiqing, deputy director of the economic committee of the Chinese People's Political Consultative Conference National Committee said China's development was a result of the leadership of the Communist Party of China, the hard work of the Chinese people and continuous reform and opening-up.

China factory activity falls contracts in May amid dispute

BEIJING (AP) — China’s factory activity fell into contraction territory in May amid an ongoing trade dispute with the U.S. that has seen higher tariffs slapped on Chinese exports.

The National Bureau of Statistics and an industry group, the China Federation of Logistics & Purchasing, said Friday the composite purchasing managers’ index of China dropped to 49.4 in May, down from 50.1 in April on a 100-point scale, marking a three-month low.

Any reading below 50 shows that activity is contracting.

Tiananmen veterans look back on movement’s mistakes, passion

BEIJING (AP) — Wu’er Kaixi was among the most outspoken of the student leaders during the 1989 Tiananmen Square pro-democracy protests, famously reproaching then-Premier Li Peng at a meeting broadcast on national television.

Three decades on, he’s more circumspect but remains just as harsh a critic of the Communist regime and just as committed to bringing democracy to China.

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