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US-China trade wari

Breaking news and analysis on the US-China trade war, its history and timeline, and the impact on the global economy.

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  • Third meeting of Economic Working Group also covered financial cooperation within the G20 framework, industrial policies and debt issues
  • US delegates in Beijing raised issues with China’s overcapacity and its impact on American workers and firms
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Discussions will cover topics including the macroeconomic outlook, the two countries’ investment-screening regimes and coordination on debt and climate change, officials said.

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Recent comments from officials, as well as years of tension over trade, indicate regulatory action may be taken by the US to limit the potential of China’s electric vehicle industry – which could sour efforts to boost economic growth and export activity.

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Mexico has been the beneficiary of more Chinese investment in recent years, and its preferential status with its northern neighbour has provided a way past US tariffs. But there are other benefits – and risks – analysts say.

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‘Eliminating all designated Chinese [technology and services] from every US network would be prohibitively expensive, if not impossible,’ one says.

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Nearly a third of 343 members cited uncertainties in the US-China economic relationship as the main reason behind their reduced investment plans, while tech and R&D sectors have been hit amid ‘strained’ ties.

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Investments in Taiwan from the United States reached US$932 million last year, up from US$398 million in 2022 and hitting the highest single-year total since 2008, according to official Taiwan figures.

The bill cites Chinese entities such as Third Military Medical University and Key Laboratory of High-Altitude Medicine as examples of ‘espionage tools’ of the Communist Party.

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In Brussels, Beijing’s promises to individual EU states are seen through the lens of a combative and defensive China unwilling to yield on major issues.

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US Commerce Department plans to impose anti-dumping duties of 122.5 per cent on Chinese tin mill products, but trade association official says they will raise prices on canned goods and might lead to US job losses.

Donald Trump’s surprise victory in the 2016 presidential election delivered a shock to financial markets. If he manages to secure a second one, traders will – if anything – be far more prepared.

China is being called on to do more than release a few policy documents to restore investor confidence amid rising competition with the US, but such a tactic requires Beijing to bolster the economy and spur demand.

China’s minister of commerce has issued firm declarations of support for initiatives designed to boost economic activity, and against efforts to move investment elsewhere.

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With cross-strait relations at their frostiest in years, Taiwan reported historic lows for two-way investment with mainland China – but some companies are still attempting to set up or continue operations.

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