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China appears optimistic regarding the latest attempts in normalising economic and political ties with the US. (File Photo / Reuters)

US, China trade officials hold first phone call, agree to promote 'healthy' ties

By hindustantimes.com | Written by Joydeep Bose
PUBLISHED ON JUN 10, 2021 07:59 AM IST
US-China relations have remained strained for years owing to hegemonic rivalry in the Pacific and mutual suspicion over each other's political intentions. The phone call today between the two commerce ministers is part of an attempt to bridge these fraught ties under the Biden administration.
US President Donald Trump.(REUTERS)
US President Donald Trump.(REUTERS)

Biden blacklists more Chinese firms to US investors over 'military links'

AFP |
PUBLISHED ON JUN 04, 2021 07:49 AM IST
  • Former president Donald Trump in November issued a list of 31 Chinese companies that were deemed to be supplying or supporting China's military and security apparatus, later adding even more firms.
President Joe Biden in his broader infrastructure proposal has called for as much as $50 billion to expand US chipmaking. REUTERS/Jonathan Ernst(REUTERS)
President Joe Biden in his broader infrastructure proposal has called for as much as $50 billion to expand US chipmaking. REUTERS/Jonathan Ernst(REUTERS)

China’s rise pushes US toward action on Competitiveness Bill

Bloomberg | , Hindustan Times, New Delhi
PUBLISHED ON MAY 17, 2021 11:13 AM IST
  • The main part of the bill would authorize more than $100 billion over five years to boost research and development of innovative technology and manufacturing at colleges, universities and other institutions
The Armed Forces of the Philippines (AFP) and United States Military attend the opening of the 36th Balikatan Exercise (BK36-21) wearing masks and maintaining social distancing amid the coronavirus disease (COVID-19) pandemic, at Camp Aguinaldo, Quezon City, Metro Manila, Philippines, April 12, 2021. Armed Forces of the Philippines (AFP)/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES(via REUTERS)
The Armed Forces of the Philippines (AFP) and United States Military attend the opening of the 36th Balikatan Exercise (BK36-21) wearing masks and maintaining social distancing amid the coronavirus disease (COVID-19) pandemic, at Camp Aguinaldo, Quezon City, Metro Manila, Philippines, April 12, 2021. Armed Forces of the Philippines (AFP)/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES(via REUTERS)

Philippines, US begin two-week joint military drill

ANI | , Manila
PUBLISHED ON APR 12, 2021 04:14 PM IST
  • This year's resumption of the annual BK-21 event follows a phone call between the two countries' defence chiefs on Sunday to "reaffirm their shared commitment to the US-Philippines alliance".
Under the Trump administration, ties between US and China had deteriorated over issues such as human rights violations in Xinjiang, encroachment on the special status of Hong Kong, accusations of unfair trade practices by Beijing(Reuters)
Under the Trump administration, ties between US and China had deteriorated over issues such as human rights violations in Xinjiang, encroachment on the special status of Hong Kong, accusations of unfair trade practices by Beijing(Reuters)

US ramps up pressure on China with new strategic competition policy

ANI | , Washington
PUBLISHED ON APR 11, 2021 08:06 AM IST
  • South China Morning Post reported that the section on science and technology in the 283-page bill, which US lawmakers plan to introduce next week, includes efforts to provide help for American companies to diversify their global supply chain
The US-China military tensions heightened in recent months over the disputed South China Sea and Taiwan.(Reuters)
The US-China military tensions heightened in recent months over the disputed South China Sea and Taiwan.(Reuters)

China bashes US over racism, inequality, pandemic response

AP | , Beijing
PUBLISHED ON MAR 24, 2021 03:55 PM IST
  • China issues the report each year in response to US criticism of its record on issues such as abuses against minority groups in the western regions of Xinjiang and Tibet and a crackdown on opposition voices in Hong Kong.
China’s Foreign Minister Wang Yi said that in recent years, the US-China relations have run into unprecedented difficulties.(Reuters)
China’s Foreign Minister Wang Yi said that in recent years, the US-China relations have run into unprecedented difficulties.(Reuters)

Fiery start to US-China talks shows acrimony is here to stay

Bloomberg |
PUBLISHED ON MAR 19, 2021 06:56 PM IST
Top diplomats from the world’s two largest economies criticized each other over everything from trade to human rights in a high-stakes first encounter Thursday in an Alaskan ballroom.
The US is still developing its China strategy and will use the meeting to further inform the trajectory for the relationship of the world’s two largest economies. REUTERS/Kevin Lamarque(REUTERS)
The US is still developing its China strategy and will use the meeting to further inform the trajectory for the relationship of the world’s two largest economies. REUTERS/Kevin Lamarque(REUTERS)

US manufacturers urge Joe Biden to deploy tougher China strategy

Bloomberg |
PUBLISHED ON MAR 17, 2021 08:26 PM IST
  • The National Association of Manufacturers acknowledged that any new strategy must recognise that China is a “necessary partner” in the post-pandemic world even as it challenges American interests and fiercely competes with the US economically.
People wearing protective face masks, following an outbreak of the coronavirus, are reflected on a screen showing Nikkei index, outside a brokerage in Tokyo, Japan(Reuters File Photo)
People wearing protective face masks, following an outbreak of the coronavirus, are reflected on a screen showing Nikkei index, outside a brokerage in Tokyo, Japan(Reuters File Photo)

Global stocks on defensive as US-China tensions spook investors

Tokyo | By Reuters | Posted by Kanishka Sarkar
UPDATED ON JUL 27, 2020 07:19 AM IST
Hopes of a quick US economic recovery are fading also as coronavirus infections showed few signs of slowing.
A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas US(Reuters File Photo)
A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas US(Reuters File Photo)

Oil prices stable as US-China tensions offset weak dollar

London | By Reuters | Posted by Kanishka Sarkar
UPDATED ON JUL 24, 2020 02:00 PM IST
A weaker dollar usually spurs buying of commodities priced in dollars such as oil because they become cheaper for holders of other currencies.
China's President Xi Jinping in Beijing.(Reuters file photo)
China's President Xi Jinping in Beijing.(Reuters file photo)

China orders closure of US consulate in Chengdu

Beijing, China | By Agence France-Presse | Posted by Shivani Kumar
UPDATED ON JUL 24, 2020 10:10 AM IST
The tit-for-tat move is a “legitimate and necessary response to the unreasonable measures by the United States”, the foreign ministry said in a statement.
The ramifications are likely to play out a long way into the future as a global recession now appears almost a certainty.(Reuters)
The ramifications are likely to play out a long way into the future as a global recession now appears almost a certainty.(Reuters)

From fear in Wuhan to oil crash: Six months in emerging markets

By Bloomberg | Posted by Shivani Kumar
UPDATED ON JUL 01, 2020 10:26 AM IST
As if the Covid-19 pandemic wasn’t enough, traders and investors also had to grapple with the resurgence in US-China tensions and a collapse in oil prices, condemning developing-nation stocks, currencies and bonds to heavy losses over the period.
Foreign institutional investors bought equity worth Rs 95.79 crore, while domestic institutional investors sold shares to the tune of Rs 151.01 crore, provisional data available with stock exchanges showed.(AP/Representative Image)
Foreign institutional investors bought equity worth Rs 95.79 crore, while domestic institutional investors sold shares to the tune of Rs 151.01 crore, provisional data available with stock exchanges showed.(AP/Representative Image)

Sensex falls over 150 points; banking, IT stocks slide as US-China tensions escalate

Press Trust of India | By Press Trust of India
UPDATED ON JUN 12, 2019 10:27 AM IST
According to experts, market mood turned negative tracking weak cues from other Asian markets amid escalation trade war tension between the US and China.
The US and China have been locked in talks to resolve tensions that have seen both of them impose tariffs on goods worth $360 billion.(Bloomberg)(Bloomberg)
The US and China have been locked in talks to resolve tensions that have seen both of them impose tariffs on goods worth $360 billion.(Bloomberg)(Bloomberg)

IMF chief says US-China tensions ‘threat’ to world economy

Paris | By Agence France-Presse
UPDATED ON MAY 07, 2019 06:05 PM IST
Also speaking at the Paris Forum event, French Economy Minister Bruno Le Maire warned about the impact of a trade war between the world’s two biggest economies.
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