US economy grew 1.9% in third quarter
The U.S. economy grew at an annual rate of 1.9% for the third quarter of 2019 as businesses slowed their investments and consumer spending declined amid a slowdown in global growth and the trade war with China.
The U.S. economy grew at an annual rate of 1.9% for the third quarter of 2019 as businesses slowed their investments and consumer spending declined amid a slowdown in global growth and the trade war with China.
Secretary of State Mike Pompeo said Wednesday the United States needs to confront rather than accommodate China’s communist government, saying administrations going back decades had encouraged China’s rise, ‘even when that rise was at the expense of American values, Western democracy and security, and good common sense.’
United States and Chinese negotiators have reached ‘a fabulous deal’ to ease trade tensions between the economic heavyweights, according to White House senior adviser Jared Kushner.
China is cracking down on Christianity and other religions as part of a campaign by the country’s Communist Party to ‘eradicate’ so-called ‘pornography and illegal publications,’ according to a Chinese persecution watchdog.
U.S. and Chinese officials are ‘close to finalizing’ some parts of a trade agreement after high-level telephone discussions on Friday, the U.S. Trade Representative’s office and China’s Commerce Ministry said, with talks to continue.
Pro-democracy leaders called on Hong Kong’s citizens to join a Sunday anti-government march in spite of the risk of arrest, after police banned the rally which is seen as a test of the protest movement’s strength following months of unrest.
A key measure of consumer spending unexpectedly dropped for the first time in seven months in September, raising concerns about one of the brightest spots in the US economy.
China’s trade with the United States fell by double digits again in September amid a tariff war that threatens to tip the global economy into recession.
The U.S. and China have reached a partial trade pause.
Top U.S. and Chinese negotiators wrapped up the first day of trade talks in more than two months on Thursday as business groups expressed optimism the two sides might be able to ease a 15-month trade war and delay a U.S. tariff hike scheduled for next week.
Under a long-term deal sealed by the Obama administration, a Chinese Communist company was set to control the second-busiest container port in the United States. In an unreported Trump administration victory, the Communists are out after a drawn-out national security review forced a unit of China-based COSCO Shipping Holdings Co. (Orient Overseas Container Line—OOCL) to sell the cherished container terminal business, which handles among the largest freight of imports into the U.S.
The U.S. trade deficit has grown by nearly $1 billion after the Trump administration imposed new tariffs against Chinese products, the Commerce Department said in a report Friday.
Moscow has plans to help China build a system to help detect when an intercontinental ballistic missile (ICBM) is launched, Russian President Vladimir Putin said Thursday.
Anti-communist crowds marched through Hong Kong Sunday to decry the government’s emergency powers and press their demands for political freedom. Many wore masks in open defiance of a government ban on facial coverings meant as a deterrent to protesters, whose four-month-old democratic rebellion has thrown the semi-autonomous enclave into crisis and caused consternation among China’s top leadership.
China and Ukraine should investigate former Vice President Joe Biden and his son Hunter, President Donald Trump said Thursday.
The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskeys, and cheese from across the continent as punishment for illegal EU aircraft subsidies.
China’s Communist Party marked 70 years in power Tuesday with a military parade showcasing the country’s global ambitions and advancements in weapons technology.
China has doubled its troop presence in the former British colony of Hong Kong.
Hong Kong braces for another weekend of mass protests.
China is cracking down on a phenomenon that has allowed North Korean defectors to receive Bible teaching across the border in the communist superpower to the south.