Diplomacy

A long-awaited second round of talks between China’s chief trade negotiator, Vice-Premier Liu He, and US Trade Representative Katherine Tai and US Treasury Secretary Janet Yellen has yet to materialise. Photo: Shutterstock
‘Stalemate’ in US-China reach trade talk despite expiry of phase-one deal

Talks between Vice-Premier Liu He and US Trade Representative Katherine Tai and US Treasury Secretary Janet Yellen have yet to happen despite the expiry of the phase-one trade deal last week.

5 Jan 2022 - 9:32AM
Beijing issued its first white paper on export controls on Wednesday, pledging more engagement to shape “fair, reasonable and non-discriminatory” global export controls. Photo: AP
China to ‘set limits to arms exports’ in face of US tech war ‘double standards’

Beijing issued its first white paper on export controls on Wednesday, a month after 12 more Chinese companies were placed on the United States’ export blacklist.

30 Dec 2021 - 12:18AM
Imports surged to a record and remained at high levels through the first half of the year, even as the hog herd recovered and prices fell below production cost by the third quarter. Photo: Reuters
US pork producers ‘concerned’ as China raises import tariffs amid supply glut

China lowered its tariffs on frozen pork in 2020 in the aftermath of a devastating outbreak of African swine fever, but rates for most favoured nations will return to 12 per cent on January 1.

16 Dec 2021 - 1:48PM
Xinjiang, home to China’s predominantly Muslim Uygur population, is responsible for as much as 45 per cent of the global production of polysilicon, a key ingredient in the manufacturing of solar panels. Photo: AFP
China urges solar firms to fight against US, India trade blocks

The US House of Representatives passed legislation that would ban goods coming from China’s Xinjiang region, while India now has a 40 per cent levy on imports of solar modules to cut dependence on foreign supplies.

15 Dec 2021 - 1:14PM
An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue at Diaoyutai State Guesthouse in Beijing, China June 25, 2018. Photo: Reuters
China urged to boost ‘all possible’ global trade bonds in face of US pressure

Chongyang Institution for Financial Studies report comes ahead of second US-EU dialogue on China, which is expected to cover a wide range of issues.

3 Dec 2021 - 5:00PM
The issue of China joining the United States in releasing crude oil reserves was raised during virtual the meeting between Xi Jinping and Joe Biden. Photo: Bloomberg
Explainer | How much crude oil is China sitting on, and can it help cool soaring prices?

The US asked China to release crude oil reserves to help stabilise soaring prices during the virtual meeting between Chinese President Xi Jinping and US President Joe Biden at the end of November.

23 Nov 2021 - 9:33AM
Signed in January 2020, the phase-one trade deal was considered a ceasefire agreement between China and the United States following a two-year trade war. Photo: Shutterstock
US-China phase-one trade deal gets a reality check after nearly two years

Analysts expect high tariffs to persist in China-US trade in the long term, though both sides say progress is being made in meeting the terms of the agreement they signed in January 2020.

21 Nov 2021 - 8:15PM
The Biden administration aims to forge stronger trade ties with the largest economies in Asia, in part to counter China’s economic practices. Photo: Reuters
Explainer | How have US-China talks failed and succeeded in recent years?

Barack Obama, Donald Trump and Joe Biden have employed different tactics when engaging with China on politically sensitive matters that have long strained bilateral relations.

18 Nov 2021 - 5:56AM
Chinese President Xi Jinping and his US counterpart Joe Biden met for the first via video conference on Tuesday morning. Photo: Reuters
China ‘can’t develop in isolation’, but ‘world can’t develop without China’

Following the meeting between Xi Jinping and Joe Biden, Chinese Vice-President Wang Qishan and Premier Li Keqiang spoke about China opening up further and being committed to industry and supply chain stability.

18 Nov 2021 - 8:44AM
Petrol prices remain high in many countries around the world. Photo: Reuters
exclusive | China ‘open’ to idea of jointly releasing oil reserves with US

The issue of China joining the United States in releasing crude oil reserves was raised during the virtual meeting between Xi Jinping and Joe Biden.

17 Nov 2021 - 11:21PM
Boeing teams visited China earlier this year to perform technical test flights and simulator sessions on the 737 MAX. Photo: AFP
Boeing sees Biden, Xi meeting as ‘encouraging sign’ for 737 MAX in China

China has signalled it may be close to recertifying the 737 MAX, nearly a year after the passenger jet was cleared to fly in the United States.

15 Nov 2021 - 3:04PM
Data from Ascend by Cirium showed that 113 aircraft in Boeing’s inventory of 335, defined as aircraft which have flown but not yet been delivered, are scheduled for delivery to customers in China. Photo: Seattle Aviation Images/ZUMA Wire
China’s Boeing purchases likely to be ‘weakness’ as US probe trade deal

US Trade Representative Katherine Tai says the United States is exploring all weaknesses in China’s performance under the phase-one trade deal, which includes purchases of Boeing commercial aircraft.

12 Nov 2021 - 9:58AM
Missiles on display at a military parade at Tiananmen Square in Beijing. Photo: AFP
US repeats call for arms control talks as China accelerates nuclear programme

Washington remains ‘ready and willing’ for dialogue, ‘and we’ve made that known to Chinese authorities’, says a State Department spokesman.

5 Nov 2021 - 10:31PM
The European Union and United States blame China for excess global steel production capacity and “dirty” production technology. Photo: AP
US wants ‘more trade tools’ to combat Chinese overseas steel investment

US Trade Representative Katherine Tai said she supports laws to combat skirting of existing anti-dumping and anti-subsidy duties, including by subsidised Chinese investment in steel production elsewhere in Southeast Asia.

3 Nov 2021 - 7:22PM
The US and China signed their long-awaited trade deal in January 2020, with the conditions of the agreement taking effect one month later. Photo: Reuters
‘Reciprocal’ lowering of US-China tariffs could ease inflation, Yellen says

US Treasury Secretary Janet Yellen says the US expects China to meet its commitments under the phase-one trade deal, but could look at eventually lowering some tariffs.

1 Nov 2021 - 1:40PM
The G20 logo is pictured on June 28, 2021 on a balcony overlooking Matera on the eve of a G20 foreign and development ministers meeting held in the city. Photo: AFP
China and the US expected to strike conciliatory chord at G20 summit

This weekend’s leaders meeting could see historic agreement on a long-awaited global minimum corporate tax.

29 Oct 2021 - 12:18AM
In China’s case, a lower yuan exchange rate figure actually indicates a stronger Chinese currency as it means it takes fewer yuan to purchase one US dollar. Photo: AFP
Explainer | What does a stronger US dollar-yuan exchange rate mean?

The exchange rate between China’s yuan and the US dollar has become a closely watched issue as a lower yuan exchange rate figure means it takes fewer yuan to purchase one US dollar, indicating a stronger Chinese currency.

22 Oct 2021 - 5:18AM
The International Monetary Fund (IMF) has warned the current vaccination rate inconsistencies across countries could also worsen the supply and demand mismatch, and it predicts price pressures on food, oil and housing will persist into 2022 for some developing economies. Photo: EPA-EFE
Covid-19 ‘faultlines’, ‘hobbled’ recoveries push IMF to downgrade outlook

The International Monetary Fund (IMF) has cut its global economic growth forecast for the year due to periodic coronavirus outbreaks, poor vaccine access and weak government policy support.

15 Oct 2021 - 12:42AM