TRADE WARS - SINO DAILY

US 'close to finalizing' parts of trade deal with China: USTR

Oct 26, 2019 (AFP)

President Donald Trump heralded a major win in his offensive against China two weeks ago, saying the economic powers were close to concluding a "substantial pha...

Xi and Bolsonaro plan increased trade amid US trade war

Oct 25, 2019 (AFP)

President Xi Jinping and Brazil's President Jair Bolsonaro reaffirmed ties on Friday during the Brazilian leader's first official visit to China. "China is will...

Hong Kong businessman pays almost $1m for parking space

Oct 24, 2019 (AFP)

The mind-boggling sum paid by Johnny Cheung Shun-yee highlights the gaping inequality that has helped fuel nearly five months of demonstrations in the financial...

World Bank rates China, India as 'most improved' for doing business

Oct 24, 2019 (AFP)

Despite a bitter trade war, in which the United States is demanding reforms from Beijing to protect intellectual property and open its economy further to Americ...

Facebook's Zuckerberg open to scaling back Libra plan

Oct 23, 2019 (AFP)

Zuckerberg made the comments as he faced a torrent of criticism on Capitol Hill over the cryptocurrency Facebook is seeking to roll out next year. "We clearly h...

Austrian railways say night train bookings on increase

Oct 23, 2019 (AFP)

OeBB, one of Europe's leading operators of night rail services, said in a statement that bookings on both its regular seated and sleeper night trains were up 11...

Trump says 'phase 1' China trade pact on track for November

Oct 22, 2019 (AFP)

Trump remains upbeat on the chances Beijing and Washington will seal the mini-deal he announced earlier this month -- marking a cooling-off period in the two na...

Zuckerberg calls Libra coin a key for American leadership

Oct 22, 2019 (AFP)

In the testimony released a day ahead of Zuckerberg's appearance before a House of Representatives committee, the head of the world's biggest social network des...

China's top diplomat says 'confident' of investment deal with EU

Oct 21, 2019 (AFP)

In an interview with AFP in Paris, Wang Yi said the list of sectors China still refuses access to is shrinking, and the country is opening up more and more, thu...

Pound dips as Brexit saga drags but hopes for deal lend support

Oct 21, 2019 (AFP)

The House of Commons sat on a Saturday for the first time in almost four decades to consider Johnson's deal in a vote that was seen as a potential turning point...

China seeks WTO okay for $2.4 bn tariffs on US goods

Oct 21, 2019 (AFP)

In a statement circulated to WTO members last week, but sent to journalists on Monday, China claimed the penalty was justified given the "United States continue...

China's 'unicorn' startups exceed US number for first time

Oct 21, 2019 (AFP)

There were 206 Chinese firms out of a global total of 494 ultra-valuable start-ups -- known as "unicorns" -- in June 2019, according to the research firm Hurun ...

China, US make 'substantial' trade deal progress: top official

Oct 19, 2019 (AFP)

Trump announced a partial deal after meetings in Washington with the Chinese trade deligation led by Liu He, which ended on October 11. It included promises to ...

IMF chief says building 'peer pressure' to follow trade rules

Oct 19, 2019 (AFP)

As the United States and China remain engulfed in a massive tariff battle and with Brexit turmoil continuing on Saturday, trade overshadowed the discussions of ...

European governments move to veto Facebook's digital money

Oct 18, 2019 (AFP)

The firm opposition from France, Italy and Germany adds to the mounting resistance faced by the tech giant's troubled foray into digital finance. The Group of 2...

China's Q3 GDP growth slows to 6%, slowest in 27 years

Oct 18, 2019 (AFP)

The Chinese economy grew 6.0 percent in July-September, compared with 6.2 percent in the second quarter, according to the National Bureau of Statistics (NBS). T...

Legal basis absolute prerequisite for digital monies; As G7 seeks common stance

Oct 17, 2019 (AFP)

In a new report on stablecoins -- a type of digital currency backed by reserves assets -- the G7 also urged regulators to coordinate their work to prevent issue...

IMF's Georgieva: US-China truce 'not good enough'

Oct 17, 2019 (AFP)

"It's really good news that the US and China are talking to each other," she told reporters at the start of the International Monetary Fund annual meeting. But ...

US-China trade mini-deal being 'papered': Trump

Oct 17, 2019 (AFP)

"It hasn't been papered yet but it is being papered," Trump told reporters at the White House. He insisted that China had already bought $40 to $50 million wort...

China says efforts 'accelerated' on US trade deal

Oct 17, 2019 (AFP)

The initial deal was announced on Friday by US President Donald Trump and included promises to increase purchases of US farm products and protections for intell...