technology policy

BEIJING | China trade surplus with US widens to record $34.1B

BEIJING— China’s trade surplus with the United States widened to a record $34.1 billion in September as exports to the American market rose by 13 percent over a year earlier despite a worsening tariff war. Exports to the United States rose to $46.7 billion, down from August’s 13.4 percent growth, customs data showed Friday. Imports … Continue reading BEIJING | China trade surplus with US widens to record $34.1B

SINGAPORE | Stock market drop spreads, Wall Street set to fall again

SINGAPORE — World stock markets sank Thursday, extending losses from Wall Street, as investors worried that higher interest rates will dent company earnings and a trade war will crimp global business. European shares sank after Asia closed sharply lower, auguring another drop in the U.S., which saw its major indexes tumble on Wednesday. Investors will … Continue reading SINGAPORE | Stock market drop spreads, Wall Street set to fall again

NUSA DUA, Indonesia | As markets swoon, finance chiefs urge US, China to cool it

NUSA DUA, Indonesia  — The heads of the World Bank and IMF appealed Thursday to the U.S. and China to cool their dispute over technology policy and play by world trade rules, as tumbling share prices drove home potential perils from a clash between the world’s two biggest economies. Global economic growth is slowing but … Continue reading NUSA DUA, Indonesia | As markets swoon, finance chiefs urge US, China to cool it

SINGAPORE | Losses on Wall Street ripple through Asia; stocks slump

SINGAPORE — Asian markets were broadly lower on Thursday after Wall Street slumped on a heavy selling of technology and internet stocks. Japan’s benchmark fell by an unusually wide margin of 3.9 percent and China’s main index lost 4.3 percent. Markets in Hong Kong, South Korea, Australia and Southeast Asia recorded similar declines. Investors are … Continue reading SINGAPORE | Losses on Wall Street ripple through Asia; stocks slump

BEIJING | China announces tariff cut but no action on US complaints

BEIJING — China has announced a new cut in import tariffs but no action on U.S. complaints about its technology policy that are fueling an escalating trade battle with Washington. The announcement Wednesday is the second cut in import taxes in less than a year in what the government says is an effort to lower … Continue reading BEIJING | China announces tariff cut but no action on US complaints

BEIJING | Asian stocks mixed on US-China trade worries

BEIJING — Asian stock markets were mixed Tuesday after a Chinese government report accusing the Trump administration of bullying other countries, dampening hopes for a settlement in their escalating tariff war. KEEPING SCORE: The Shanghai Composite Index lost 0.8 percent to 2,776.33 and Tokyo’s Nikkei 225 added 0.2 percent to 23,908.17. Sydney’s S&P-ASX 200 gained … Continue reading BEIJING | Asian stocks mixed on US-China trade worries

BEIJING | China hikes tariffs on US imports

BEIJING — China has raised tariffs on $60 billion of U.S. imports in an escalation of their fight over technology policy following a deadline for President Donald Trump‘s latest increase. The General Administration of Customs said it started collecting additional taxes of 5 to 10 percent on a list of thousands of American goods at … Continue reading BEIJING | China hikes tariffs on US imports

NEW YORK | The Latest: China’s premier appeals for global support

NEW YORK — The Latest on the U.S.-China trade war (all times local): ___ 11:30 p.m. China’s No. 2 leader has appealed for global support for free trade following tit-for-tat U.S. and Chinese tariff hikes in an escalating battle over Beijing’s technology policy. Premier Li Keqiang said Wednesday in a speech to a business conference … Continue reading NEW YORK | The Latest: China’s premier appeals for global support