Beijing Reduces Tariffs on Multiple Consumer Goods as US Trade Talks Continue
April 12, 2019 at 08:59 AM
On Monday, the Chinese Customs Tariff Commission of the State Council announced that the country is lowering tariffs on a range of imported consumer goods, including food, medicine, textiles and information technology products. Read More »
US, China Make Progress on 'Numerous Key Issues' During Trade Talks - Washington
April 12, 2019 at 08:42 AM
WASHINGTON (Sputnik) - US and Chinese officials have made progress on numerous key issues during trade negotiations in Washington, DC this week, White House spokeswoman Sarah Huckabee Sanders said in a press release. Read More »
Indian rupee goes from worst to best-performing currency in Asia
March 25, 2019 at 01:52 PM
It took just five weeks for India’s national currency to flip from worst to best performing currency in Asia. The rupee soared past its emerging market peers, bolstered by a weakened US dollar and a surge in foreign stock inflows. Read More »
US May Soon Grab Saudi Arabia’s Crown as World’s Biggest Oil Exporter – IEA
March 13, 2019 at 11:50 AM
According to an annual five-year outlook report by the International Energy Agency, the US became the world’s top oil producer in 2018, and is set to become the world’s biggest oil exporter over the next five years. Read More »
China's Commerce Minister Calls Trade Talks With US 'Extremely Difficult'
March 08, 2019 at 10:34 AM
BEIJING (Sputnik) - Trade consultations between China and the United States, de-escalating a trade conflict, were "extremely difficult" due to the large differences between the two countries, Chinese Commerce Minister Zhong Shan has stated. Read More »
Weak iPhone Sales See Mass Resignations, Decimate China Workforce
March 05, 2019 at 11:53 AM
In the first quarter of 2019, Apple reported a significant drop in iPhone sales revenue in mainland China, resulting in a drop in employee salaries and benefits - as well as layoffs and resignations - at assembly plants in the region. Read More »
Trump Announces Plans to Hold Summit with China's Xi to Conclude Trade Agreement
February 27, 2019 at 02:22 PM
US President Donald Trump has announced that "assuming both sides make additional progress", Washington will be planning a summit between him and Chinese president Xi Jinping at Mar-a-Lago to conclude a trade agreement between the two countries. Read More »
Saudi Arabia inks $10 billion refinery deal with China as crown prince visits Beijing
February 24, 2019 at 05:48 PM
Oil major Saudi Aramco and Chinese companies have signed an agreement to develop a joint refining and petrochemical complex worth more than US$10 billion during Crown Prince Mohammed Bin Salman’s two-day trip to Beijing. Read More »
Trump Says China Talks Going Well, May Extend Tariff-Truce Deadline
February 21, 2019 at 09:31 AM
WASHINGTON (Sputnik) - US President Donald Trump said on Tuesday that trade talks with China are going well and hinted he may extend the tariff-truce deadline beyond March 1. Read More »
Trump says no final deal on tariffs will be made until he meets with China's President Xi
February 04, 2019 at 10:17 AM
US President Donald Trump tweeted Thursday that trade talks with Chinese representatives in Washington were going well but wrote no final deal will be signed until he meets with Chinese President Xi Jinping. Read More »
