China aims to buy at least $20 billion of agricultural products in a year if it signs a partial trade deal with the U.S., and would consider boosting purchases further in future rounds of talks, people familiar with the matter said. The $20 billion would take its imports of U.S.
China’s economic growth sank to a new multi-decade low in the latest quarter as a trade war with Washington deepened a slump that is weighing on the global economy. Growth in the world’s second-largest economy slipped to 6% in the three months ending in September, down from the previous quarter’s
With its most recent episode, Trey Parker and Matt Stone’s fearless animated TV series, South Park, has garnered a great deal of attention across the world. The highly controversial Season 23 episode, Band in China, premiered last Wednesday, Oct. 2, and less than a week later was banned in China (no
BEIJING (Reuters) – Chinese companies are facing many difficulties due to trade frictions, Commerce Minister Zhong Shan said on Sunday. The United States and China have been locked in an escalating trade war for over a year. They have levied punitive duties on hundreds of billions of dollars of each
The US Navy sailed a warship within 12 nautical miles of two contested islands in the South China Sea Wednesday, part of what it calls a “freedom of navigation operation” (FONOP) The guided-missile destroyer USS Wayne E. Meyer “sailed within 12 nautical miles of Fiery Cross and Mischief Reef in
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations. Shares of Apple, Nike and Caterpillar all tanked more than 3.5%, hitting their session lows on Friday following a Trump tweet demanding U.S. companies to pull
Stocks were lower Friday, after President Donald Trump dampened hopes for a U.S.-China trade deal. The president told reporters that the U.S. would not do business with Huawei, and the trade talks that were scheduled for September might not happen. Technology and chips were under pressure as trade tensions ran
Gareth Bale will not be moving from Real Madrid to China this summer after the club pulled the plug on a potential deal. That is according to a report from BBC Sport’s David Ornstein. His story claims that not only have Los Blancos ‘cancelled the deal’ that would have seen
Negotiators for the U.S. and China will face off in Shanghai this coming week in yet another attempt to piece together a trade accord, amid considerably lowered expectations for the kind of sweeping deal that appeared within reach this spring. Modest wins might be obtainable, however. People close to the
The last week has been bad for Huawei who is fighting for its survival after all the major tech giants blocked the company. Shortly after the ban, Huawei revealed that it had anticipated this day would come and was preparing for it. The company also revealed that they are working
I left New York a year ago to travel around the world as Business Insider’s international correspondent.While I’ve had some epic adventures, some bucket-list attractions were overpriced, uninspiring, overcrowded, or just plain boring. The worst offender was the Zhangjiajie Grand Canyon Glass Bridge in China, the longest and highest glass
For decades, scientists have been perplexed by the marvelous preservation of bronze weapons associated with China’s famed Terracotta Warriors, retaining shiny, almost pristine surfaces and sharp blades after being buried for more than two millennia. Research by an international team of scientists published on Thursday may solve the mystery while
A “mindblowing” haul of fossils that captures the riot of evolution that kickstarted the diversity of life on Earth more than half a billion years ago has been discovered by researchers in China. Paleontologists found thousands of fossils in rocks on the bank of the Danshui river in Hubei province
China got a very, very late start in its efforts to explore space. The U.S., Russia, and other countries forged new paths to the Moon and beyond before China even got started, but it’s making up for lost time in a big way. Following successful Moon missions, including landing on
World Cup-winning boss Marcello Lippi stepped down as head coach of China following their Asian Cup exit on Thursday. Lippi confirmed his departure after China lost 3-0 to Iran in the quarter-finals of the Asian Cup in Abu Dhabi. The 70-year-old Italian and former Juventus coach, who guided Italy to
A couple of weeks back, Samsung launched its first phone with the infinity-O display. The company didn’t reveal the prices at the launch which happened in China. Today, Chinese biggest e-commerce website JD listed the phone for pre-order which revealed the prices as well as the availability of the device.