ASIA: President Trump criticized China, this time complaining that China has not been buying more US agricultural products as it promised to do. Today, the US and China have resumed talks although no outcome has been presented. The Bank of Japan kept its ultra-low interest rates unchanged, maintaining its short-term interest rate target at -0.1%. […]
ASIA: China has condemned the recent protest in Hong Kong labelling the act as a “serious damage to the rule of law.” There are still talks of the possibility of China bringing military presence in the region. Meanwhile, Chinese civil rights are being put into question after a Chinese court sentenced a civil rights activist […]
ASIA: Chinese authorities are suspecting US company FedEx of holding back more than 100 packages that were destined to Chinese company Huawei, the state media reported today. The US government has agreed to pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16bn […]
ASIA: More news emerged from a Chinese released whitepaper regarding the country’s military strategy on the South China Sea China. The release expressed that “China exercises its national sovereignty to build infrastructure and deploy necessary defensive capabilities on the islands and reefs in the South China Sea and to conduct patrols in the waters of […]
ASIA: Russia and China had their first joint operation yesterday. The Chinese defense ministry says four bombers, supported by fighter jets, patrolled a pre-planned route over the Sea of Japan and the East China Sea. However, China’s neighbors were not happy with the operation. South Korea said its jets fired flares and machine gun warning […]
ASIA: Mass protests occurred over the weekend in Hong Kong. The public was forewarned of the protests through social media as locals were advised to stay clear of protestors. Overall, China was pleased with the handling of the protestors by local authorities. The Foreign Ministry said local authorities should use all necessary measures to “safeguard […]
ASIA: The latest news regarding the U.S.–China trade deal is that progress has stalled. China demands that the U.S. changes their stance and ease restrictions on Huawei. The U.S. and Chinese senior officials spoke by phone this week, this represents only the second call since the G20 meeting in June where the two countries agreed […]
ASIA: Chinese officials who are in charge of Hong Kong affairs have drafted a plan to resolve the Hong Kong political chaos – but the report reiterated that they will not be using military action. CNBC has reported that more than 50 multinational companies have pulled out of China since the trade war broke out […]
ASIA: China told the Trump administration today to “make up its mind” regarding the trade deal, according to the South China Morning Post. China also warned that additional tariffs will derail the current negotiations. U.S. Treasury Secretary Steven Mnuchin this week stated that he and his entourage could be traveling to China this week if […]
ASIA: President Trump said today that there is a long way to go to reach the conclusion to this US-China trade deal. Additionally, there is a possibility of adding tariffs on another 325 billion USD worth of goods. China, meanwhile, has added another member to the negotiating team – the current minister Zhong Shan who […]
