Tag: US
US-China tech tensions ‘won’t go away even if Biden wins election’
By CNBC staff TENSIONS around technology will remain between the US and China, even if Democratic presidential nominee Joe Biden wins the US election in November, according to an analyst. Ties between the two economic giants have steadily worsened this year, as Washington increasingly targets Chinese tech giants from phone maker Huawei to video-sharing app …
US-China tech tensions ‘won’t go away even if Biden wins election’Read More
US pushes arms sales surge to ‘Fortress Taiwan,’ needling China – sources
By Reuters staff and published by Nasdaq.com Washington – The United States plans to sell as many as seven major weapons systems, including mines, cruise missiles and drones to Taiwan, four people familiar with the discussions said, as the Trump administration ramps up pressure on China. Pursuing seven sales at once is a rare departure …
US pushes arms sales surge to ‘Fortress Taiwan,’ needling China – sourcesRead More
US Ambassador to China stepping down as tensions with Beijing rise
By Reuters staff, published by Swissinfo.ch Beijing – US Ambassador to China Terry Branstad will retire and leave Beijing early next month, the embassy said today (Sept. 14, 2020) Branstad, 73 years old and a former governor of Iowa, leaves at a time when relations are strained, notably over bilateral trade, allegations about information security, …
US Ambassador to China stepping down as tensions with Beijing riseRead More
Vietnam backs US role in South China Sea, rebuffing Beijing at Asean meeting
By Bloomberg, published by Straits Times Hanoi – Southeast Asian countries want the United States to play a role in maintaining peace in the South China Sea, Vietnam said, pushing back against Beijing’s comments that American forces were destabilising the region. “We welcome the US’ constructive and responsive contributions to Asean’s efforts to maintaining the …
Vietnam backs US role in South China Sea, rebuffing Beijing at Asean meetingRead More
US ban worries cloud China’s hopes for chip self-sufficiency
By Reuters, published by US News Shanghai/Hong Kong – Shares of China’s SMIC <0981.HK> fell by over a fifth today (Sept. 7) after news of potential US sanctions against the chipmaker, wiping about HK$31 billion ($4 billion) off its market value and prompting analysts to predict doom if a ban is implemented. On Friday, Reuters …
US ban worries cloud China’s hopes for chip self-sufficiencyRead More
US home prices climb to record in pandemic as buyers seek space
By Associated Press, published by Fox Business New York — A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an excuse to gouge their tenants. So, with a desire to move near family, the retired veteran bought his first home last month at the age …
US home prices climb to record in pandemic as buyers seek spaceRead More
US calls for shower rules to be eased after Trump hair complaints
By BBC THE US government has proposed changing the definition of a showerhead to allow increased water flow, following complaints from President Donald Trump about his hair routine. Under a 1992 law, showerheads in the US are not allowed to produce more than 2.5 gallons (9.5l) of water per minute. The Trump administration wants this …
US calls for shower rules to be eased after Trump hair complaintsRead More
Chinese state media slams US as a ‘rogue country’ over TikTok
By Arjun Kharpal, CNBC CHINESE state media labeled the US a “rogue country” and dubbed the potential sale of social media firm TikTok to Microsoft as “theft,” adding that Beijing could retaliate if a deal is sealed. Microsoft announced plans on Sunday to acquire TikTok’s business in certain markets — the US, Canada, Australia and …
Chinese state media slams US as a ‘rogue country’ over TikTokRead More
Trump rows back on delaying election but not on mail-in ballots
By USA Today Washington – US President Donald Trump on Thursday appeared to row back on the idea of delaying the 2020 election, even as he continued to raise doubts about efforts to expand mail-in voting in some states to respond to the coronavirus. “Do I want to see a date change? No,” Trump said …
Trump rows back on delaying election but not on mail-in ballotsRead More
Mars is the latest arena in the US-China rivalry
By CNN Business Hong Kong (CNN Business)Two years after humans last landed a probe on Mars, both the United States and China are launching missions to the red planet this month and setting up a new arena for their growing rivalry. China’s Tianwen-1 blasted off around midday today (July 23) from Hainan Island in the …
US orders China to close consulate in Houston — China vows retaliation
By agencies, published by Channel NewsAsia Copenhagen: The US State Department said today (July 22) that the closing of China’s consulate in Houston was to protect Americans’ intellectual property and private information, a move that has further strained the already tense relations between the world powers. Spokeswoman Morgan Ortagus said that under the Vienna Convention, …
US orders China to close consulate in Houston — China vows retaliationRead More
China vows retaliation against US over Hong Kong sanctions
By CNBC, source: agencies Beijing: China today (July 15) said it would retaliate after US President Donald Trump signed into law an Act allowing sanctions on banks over Beijing’s clampdown on Hong Kong. The Hong Kong Autonomy Act “maliciously slanders” national security legislation imposed by Beijing on the city, China’s foreign ministry said in a …
China vows retaliation against US over Hong Kong sanctionsRead More
US town prints own currency to boost Covid-19 relief
By Reuters, published by Channel NewsAsia Tenino: Tucked away under lock and key in a former railroad depot turned small-town museum in the US state of Washington, a wooden printing press cranked back to life to mint currency after nearly 90 dormant years. The end product: US$25 wooden bills bearing the town’s name – Tenino …
US town prints own currency to boost Covid-19 reliefRead More
Chinese companies put US listing plans on ice as tensions mount
Reuters, published by Deccan Chronicle Shanghai: Chinese companies are putting off plans for US listings as tensions between the world’s top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major capital-raising route told Reuters. The drop in interest, especially from those in the early stages of planning, is the …
Chinese companies put US listing plans on ice as tensions mountRead More
Chinese warplanes enter Taiwan Strait after US flyover
By Lawrence Chung, South China Morning Post A GROUP of Chinese warplanes flew into the Taiwan Strait and briefly approached Taiwan, just hours after a US transport plane passed over the island today (June 9). Taiwan scrambled its warplanes to warn off the People’s Liberation Army fighter jets which crossed the median line in the …
Chinese warplanes enter Taiwan Strait after US flyoverRead More
Trump to send in army if cities fail to deal with violent protests
By Ian Collier, Sky News THE US President has vowed to deploy the military unless states halt violent protests following the death of George Floyd. Donald Trump was speaking as tear gas was fired on demonstrators close to the White House in Washington DC. He said he was mobilising all federal resources to suppress protests …
Trump to send in army if cities fail to deal with violent protestsRead More
Fires burn near White House in violent US protests
By Reuters and published by US News Minneapolis (Reuters) – Fires burned near the White House, stores were looted in New York City and Southern California, and a tanker truck drove into marchers in Minneapolis as the United States struggled to contain chaotic protests over race and policing. National Guard troops were deployed in 15 …
‘We’re sick of it’: Anger over police killings shatters US
By Tim Sullivan and Stephen Groves, The Associated Press published CTV News Minneapolis: Another night of unrest in every corner of the country left charred and shattered landscapes in dozens of American cities on Sunday (May 31) as years of festering frustrations over the mistreatment of African Americans at the hands of police boiled over …
‘We’re sick of it’: Anger over police killings shatters USRead More
Protests over George Floyd death overwhelm authorities again
By Aaron Morrison and Tim Sullivan Associated Press, published by ABC News Minneapolis – Fires burned unchecked and thousands protesting the police killing of George Floyd ignored a curfew as unrest overwhelmed authorities for another night in Minneapolis, and the governor acknowledged today (May 30) that he didn’t have enough manpower to contain the chaos. …
Protests over George Floyd death overwhelm authorities againRead More