China

China coverage from Reuters.

Business News34 minutes ago

U.S. Treasury Secretary Steve Mnuchin speaks at a news conference during the IMF/World Bank spring meeting in Washington, U.S., April 21, 2018. REUTERS/Yuri Gripas

U.S. Treasury Secretary Steven Mnuchin may visit China, in a move that could help defuse rising trade tensions between the world's two largest economies that threaten to derail a global economic recovery.

Business News3 hours ago

Europe will not choose sides in the trade dispute between the United States and China, a top European official said on Saturday, adding that the European Union's temporary exemptions from U.S. steel and aluminum tariffs should become permanent.

Business News3 hours ago

FILE PHOTO - Visitors pass in front of the Chinese telecoms equipment group ZTE Corp booth at the Mobile World Congress in Barcelona, Spain, February 26, 2018. REUTERS/Sergio Perez/File Photo

The U.S. Commerce Department has granted ZTE Corp's <000063.SZ> <0763.HK> request to submit more evidence after the agency banned American companies from selling to the Chinese technology firm, a senior Commerce official said on Saturday.

World News5 hours ago

U.S. Deputy Secretary of State John J. Sullivan speaks to the media during a news conference in Riga, Latvia February 22, 2018. REUTERS/Ints Kalnins

The United States labeled China, Russia, Iran and North Korea on Friday as "morally reprehensible" governments that it said violated human rights within their borders on a daily basis, making them "forces of instability".

World News6 hours ago

The Chinese navy has undertaken a series of military exercises in the western Pacific, amid mounting tensions with Taiwan who's accused Beijing of Sabre rattling.

Chinese naval forces have passed through waters south of Taiwan and carried out military exercises in the western Pacific, the latest in a series of military drills that self-ruled Taiwan has criticized as amounting to "intimidation".

World News9 hours ago

FILE PHOTO: Chinese President Xi Jinping meets World Economic Forum (WEF) Executive Chairman Klaus Schwab (not pictured) at the Great Hall of the People in Beijing, China April 16, 2018. Naohiko Hatta/Pool via REUTERS

China must strengthen its grip on the internet to ensure broader social and economic goals are met, state news agency Xinhua reported on Saturday citing comments from President Xi Jinping, underlining a hardening attitude towards online content.

World News14 hours ago

China's foreign ministry said on Saturday it welcomed a move by North Korea to halt nuclear and missile tests, which it said would help ease tensions on the Korean peninsula and promote denuclearization.

Business News17 hours ago

FILE PHOTO: U.S. President Donald Trump holds his signed memorandum on intellectual property tariffs on high-tech goods from China, at the White House in Washington, U.S. March 22, 2018.  REUTERS/Jonathan Ernst/File Photo

U.S. consumers may be about to directly feel the effects of the trade fight started by U.S. President Trump with China and other countries this year when a new list of Chinese imports to be taxed is announced in coming days.

Business Newsa day ago

The logo of China's ZTE Corp is seen on a building in Nanjing, Jiangsu province, China April 19, 2018. Picture taken April 19, 2018. REUTERS/Stringer

China's ZTE Corp <0763.HK> <000063.SZ> said on Friday that a U.S. ban on selling parts and software to the company was unfair and threatens its survival, and the mobile phone and telecommunications equipment maker vowed to safeguard its interests through all legal means.

Business Newsa day ago

FILE PHOTO: A view of the Piraeus Container Terminal, near Athens, Greece, September 20, 2017. REUTERS/Alkis Konstantinidis/File photo

European Union and Italian authorities are investigating suspected wide-scale tax fraud by Chinese criminal gangs importing goods via Greece's largest port of Piraeus, a trade gateway between China and Europe, officials said.

Commoditiesa day ago

FILE PHOTO: The logo of Russian oil company Lukoil is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin/File Photo

(This April 19 story was corrected to show Lukoil raised $660 million loan, not $600 million, in paragraph 4)

Business Newsa day ago

FILE PHOTO: The inside of a ZTE smart phone is pictured in this illustration taken April 17, 2018. REUTERS/Carlo Allegri/Illustration/File Photo

China has long pushed the development of top-end semiconductors as a key strategic objective.

Business Newsa day ago

File Photo:: A researcher plants a semiconductor on an interface board which is placed under a microscope during a research work to design and develop a semiconductor product at Tsinghua Unigroup research centre in Beijing, China, February 29, 2016.  REUTERS/Kim Kyung-Hoon/File Photo

China is looking to catch up with rivals like the United States and Germany in high-end technology, making a major push with a "Made in China 2025" strategy that identifies 10 key sectors, including robotics, aerospace and clean-energy cars.

Business Newsa day ago

A field of sorghum (milo) grain is seen at a farm outside of Texhoma, Oklahoma, U.S., in this undated photo released to Reuters on April 3, 2018.       Courtesy Jerod McDaniel/Handout via REUTERS

Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed.

Commoditiesa day ago

Chinese private chemical producer Hengli Group has won state approval to import 400,000 barrels per day (bpd) crude oil, the largest quota ever for a private refiner, as it challenges the country's smaller independent plants in an oversupplied Chinese fuel market.

First-quarter revenue at CNOOC Ltd <0883.HK>, the listed arm of China National Offshore Oil Co, rose 10.8 percent from a year earlier, largely due to a rebound in international oil prices.

Big Story 10a day ago

China will launch its first real-time spot electricity markets in eight regions, the National Energy Administration (NEA) said on Friday, as Beijing accelerates efforts to liberalize power prices currently set by the government.

Business Newsa day ago

The logo of ZTE Corp is seen on its building in Beijing, China April 19, 2018. Picture taken April 19, 2018. REUTERS/Stringer

A state-backed Chinese trade body said compliance is now a core risk for Chinese firms and that the government must speed up the implementation of guidelines on corporate oversight following a U.S. ban on sales to ZTE Corp.

FILE PHOTO: A woman uses her mobile phone in front of a China Mobile office in downtown Shanghai October 22, 2012.  REUTERS/Aly Song/File Photo

China Mobile Ltd <0941.HK>, the world's largest telecom carrier, on Friday said profit for the first three months of the year rose 4.1 percent, driven by its strong mobile business.

Business Newsa day ago

China's banking and insurance regulator said in a statement on Friday it will curb financial irregularities from the root.

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