The United States and China gave signs on Thursday that they will resume trade talks as the two economic superpowers discussed the next round of in-person negotiations in September ahead of a looming deadline for additional U.S. tariffs.
China’s “social credit” system, a high-tech operation that tracks and assigns points in relation to the daily activities and behavior choices of its citizens, is being developed in Silicon Valley.
China’s military has rotated a new batch of troops into Hong Kong describing the move as routine, state media said on Thursday, as protests against Beijing continue to rock the Asian financial hub.
House churches across China continue to be harassed by the government during their activities. On August 11, a house church in Yunnan province was raided by the authorities during service. Churchgoers’ cell phones were confiscated and names of members recorded, before they were asked to sign a statement promising that they would never come to this church again.
China signaled on Monday it was now seeking a ‘calm’ end to its ongoing trade war with the U.S., as Asian markets crumbled and China’s currency plummeted to an 11-year low following the latest tariffs on $550 billion in Chinese goods announced last Friday by the Trump administration.
President Trump on Friday directed all U.S. businesses to immediately find alternative sources for any goods they were importing from China. The comments came in response to China’s announcement earlier in the day that it was enacting additional tariffs on $75 billion worth of U.S. goods.
The economy is on everyone’s mind this week as fears about a possible recession continue to capture headlines. Now, the Bureau of Labor Statistics has released some revised employment numbers showing 500,000 fewer jobs were created than initially reported.
Russia and China have asked the United Nations Security Council to meet on Thursday over ‘statements by U.S. officials on their plans to develop and deploy medium-range missiles,’ according to the request seen by Reuters.
China said on Thursday it hopes the United States will stop its wrong tariff action, adding that any new tariffs would lead to escalation.
After Hong Kong saw one of its biggest protests yet over the weekend, a social media war has broken out between China and U.S. technology companies over how Chinese state-sponsored media is using social media to spread misinformation and false news about the protesters.
Hong Kong is gearing up for more protests this week after hundreds of thousands of anti-government demonstrators braved heavy rain to rally peacefully on Sunday, marking a change to what have often been violent clashes.
President Trump on Sunday linked a potential trade deal with China to how Beijing handles the pro-democracy protests in Hong Kong, saying it would be hard to sign a pact if President Xi Jinping orders a crackdown.
Americans spent more at retail stores and restaurants in July, a sign that concerns over weakening economic growth and a persistent trade war that has roiled financial markets have yet to dampen consumer confidence.
U.S. President Donald Trump said on Thursday he believes China wants to make a trade deal and the trade war with Beijing will be fairly short.
Christian publishers are rejoicing after the Bible has been exempted from President Trump’s looming tariffs on Chinese goods.
Stock markets in Japan fell Thursday, but not as drastically as the plummets experienced by U.S. markets a day earlier that amplified recession fears.
China’s economy stumbled more sharply than expected in July, with industrial output growth cooling to a more than 17-year low, as the intensifying U.S. trade war took a heavier toll on businesses and consumers.
President Trump said he was ‘not ready’ to make a deal with China on trade and that a planned September meeting between White House officials and Beijing could be called off.
Nearly two dozen people have died and more than 1 million forced from their homes as Typhoon Lekima continued to batter down on China’s eastern coastline.
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong even as the economy is slowing.