China

China coverage from Reuters.

Business News2 days ago

FILE PHOTO: Flags of U.S. and China are placed for a meeting between Secretary of Agriculture Sonny Perdue and China's Minister of Agriculture Han Changfu at the Ministry of Agriculture in Beijing, China June 30, 2017. REUTERS/Jason Lee/File Photo

U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world's two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.

Business News2 days ago

FILE PHOTO: Shipping containers, including one labelled "China Shipping," are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018.   REUTERS/Brian Snyder/File Photo

China responded vigorously in state media on Saturday after the administration of U.S. President Donald Trump said it would impose tariffs on $50 billion of Chinese imports, but some commentary left room for further negotiations.

Business News2 days ago

China will apply temporary anti-dumping measures to hydroiodic acid products originating from Japan and the United States, its commerce ministry said on Saturday.

Business News2 days ago

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 13, 2018. REUTERS/Brendan McDermid

Fears of tariffs and a potential global trade war have jostled U.S. stocks over the past few months, but there is a sense among investors that the market is taking the drum beat of rhetoric and statements more in stride.

Commodities2 days ago

China's State Power Investment Corp [CPWRI.UL] is likely to deliver a bid for Brazil's fourth-largest hydroelectric dam as soon as next month, two people with knowledge of the matter said on Friday.

Commodities2 days ago

China's imports of Venezuelan crude oil could sink to their lowest in nearly eight years in July as the OPEC producer struggles with shrinking output and mounting logistics issues, according to people familiar with the matter and shipping data.

Commodities2 days ago

A worker takes a sample from an incoming truckload of soybeans at Peterson Farms Seed facility in Fargo, North Dakota, U.S., December 6, 2017. Photo taken December 6, 2017. REUTERS/Dan Koeck/File Photo

U.S. soybean futures plunged 2.5 percent to a one-year low on Friday on concerns that escalations in a trade fight with China would threaten shipments to the biggest buyer of the oilseed, traders said.

Commodities2 days ago

FILE PHOTO: A general view of a crude oil importing port in Qingdao, Shandong province, in this November 9, 2008 file photo.   REUTERS/Stringer/Files

Beijing surprised oil markets with threats to levy tariffs on imports of U.S. crude oil, natural gas and other energy products on Friday, just as China has risen to the top of the list of importers of oil from the United States.

Commodities2 days ago

A worker harvests soybeans at a farm north of Birmingham, Alabama November 13, 2009.  REUTERS/Carlos Barria/File Photo

U.S. soybean futures outpaced falls across most other markets on Friday as the trade war with China escalated and Beijing said it would impose tariffs on U.S. soybean imports, the single most valuable U.S. agricultural export product to its Asian rival.

Business News2 days ago

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. June 13, 2018.  REUTERS/Brendan McDermid

Wall Street ended lower on Friday and global stocks continued to slide after U.S. President Donald Trump announced new tariffs on Chinese goods, while oil plummeted 3 percent on expectations that Saudi Arabia and Russia output would soon increase.

Business News2 days ago

The current trade conflict between the United States and China "will lead to serious consequences for economic growth and job creation," global commodities trader Cargill Inc [CARG.UL] said on Friday.

Business News2 days ago

China will impose additional 25 percent tariffs on 659 U.S. goods worth $50 billion in response to the U.S. announcement that it will levy tariffs on Chinese imports, the Chinese commerce ministry said.

World News2 days ago

FILE PHOTO: Chinese Catholics attend the Easter Vigil at a Catholic church in Shanghai, China March 31, 2018. REUTERS/Aly Song/File Photo

The Vatican and China have held new talks on the naming of bishops and the Holy See raised concerns over a tightening of restrictions on religious practice, Vatican and diplomatic sources said on Friday.

Business News2 days ago

FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake/File Photo

China is yet to approve U.S. chipmaker Qualcomm Inc's <QCOM.O> proposed $44 billion acquisition of NXP Semiconductors <NXPI.O>, three people close to the talks said, dismissing an earlier media report that said Beijing had already greenlit the deal.

Business News2 days ago

A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration

Global delivery company FedEx Corp <FDX.N> said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers and are "counterproductive to U.S. economic interests."

Business News2 days ago

FILE PHOTO: Shipping containers, including one labelled "China Shipping," are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018.   REUTERS/Brian Snyder/File Photo

U.S. President Donald Trump's new trade tariffs will lop at most a couple of tenths of a percentage point off U.S. growth and add a similar amount to inflation, small fry for a $19 trillion economy that is experiencing its second longest economic expansion on record.

Business News2 days ago

FILE PHOTO: A worker cuts a piece from a steel coil at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania, U.S., March 9, 2018.  REUTERS/Aaron Josefczyk/File Photo

U.S. President Donald Trump on Friday set tariffs on $34 billion of Chinese imports, effective in July, and targeted another $16 billion in goods for future tariffs.

Business News2 days ago

FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly Song/File Photo

China plans to impose tariff measures of similar size and intensity in its bid to fight back against the United States, as the world's two largest economies engage in a bitter trade dispute.

Business News2 days ago

FILE PHOTO: A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018.  REUTERS/Jason Lee/File Photo

China's top leaders have agreed to help debt-laden conglomerate HNA Group Co <HNAIRC.UL> raise funds, Bloomberg reported on Friday, citing people familiar with the matter.

Business News2 days ago

FILE PHOTO - U.S. trade representative Robert Lighthizer (front), a member of the U.S. trade delegation to China, leaves a hotel in Beijing, China May 3, 2018. REUTERS/Jason Lee

The United States will begin collecting 25 percent tariffs on July 6 on a slimmed-down product list of Chinese goods worth $34 billion that excludes television sets and other consumer products, the U.S. Trade Representative's office said on Friday.

Business News2 days ago

FILE PHOTO: Flags of U.S. and China are placed for a meeting between Secretary of Agriculture Sonny Perdue and China's Minister of Agriculture Han Changfu at the Ministry of Agriculture in Beijing, China June 30, 2017. REUTERS/Jason Lee/File Photo

U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world's two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.

Business News2 days ago

FILE PHOTO: Shipping containers, including one labelled "China Shipping," are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018.   REUTERS/Brian Snyder/File Photo

China responded vigorously in state media on Saturday after the administration of U.S. President Donald Trump said it would impose tariffs on $50 billion of Chinese imports, but some commentary left room for further negotiations.

Business News2 days ago

China will apply temporary anti-dumping measures to hydroiodic acid products originating from Japan and the United States, its commerce ministry said on Saturday.

Business News2 days ago

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 13, 2018. REUTERS/Brendan McDermid

Fears of tariffs and a potential global trade war have jostled U.S. stocks over the past few months, but there is a sense among investors that the market is taking the drum beat of rhetoric and statements more in stride.

Commodities2 days ago

China's State Power Investment Corp [CPWRI.UL] is likely to deliver a bid for Brazil's fourth-largest hydroelectric dam as soon as next month, two people with knowledge of the matter said on Friday.

Commodities2 days ago

China's imports of Venezuelan crude oil could sink to their lowest in nearly eight years in July as the OPEC producer struggles with shrinking output and mounting logistics issues, according to people familiar with the matter and shipping data.

Commodities2 days ago

A worker takes a sample from an incoming truckload of soybeans at Peterson Farms Seed facility in Fargo, North Dakota, U.S., December 6, 2017. Photo taken December 6, 2017. REUTERS/Dan Koeck/File Photo

U.S. soybean futures plunged 2.5 percent to a one-year low on Friday on concerns that escalations in a trade fight with China would threaten shipments to the biggest buyer of the oilseed, traders said.

Commodities2 days ago

FILE PHOTO: A general view of a crude oil importing port in Qingdao, Shandong province, in this November 9, 2008 file photo.   REUTERS/Stringer/Files

Beijing surprised oil markets with threats to levy tariffs on imports of U.S. crude oil, natural gas and other energy products on Friday, just as China has risen to the top of the list of importers of oil from the United States.

Commodities2 days ago

A worker harvests soybeans at a farm north of Birmingham, Alabama November 13, 2009.  REUTERS/Carlos Barria/File Photo

U.S. soybean futures outpaced falls across most other markets on Friday as the trade war with China escalated and Beijing said it would impose tariffs on U.S. soybean imports, the single most valuable U.S. agricultural export product to its Asian rival.

Business News2 days ago

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. June 13, 2018.  REUTERS/Brendan McDermid

Wall Street ended lower on Friday and global stocks continued to slide after U.S. President Donald Trump announced new tariffs on Chinese goods, while oil plummeted 3 percent on expectations that Saudi Arabia and Russia output would soon increase.

Business News2 days ago

The current trade conflict between the United States and China "will lead to serious consequences for economic growth and job creation," global commodities trader Cargill Inc [CARG.UL] said on Friday.

Business News2 days ago

China will impose additional 25 percent tariffs on 659 U.S. goods worth $50 billion in response to the U.S. announcement that it will levy tariffs on Chinese imports, the Chinese commerce ministry said.

World News2 days ago

FILE PHOTO: Chinese Catholics attend the Easter Vigil at a Catholic church in Shanghai, China March 31, 2018. REUTERS/Aly Song/File Photo

The Vatican and China have held new talks on the naming of bishops and the Holy See raised concerns over a tightening of restrictions on religious practice, Vatican and diplomatic sources said on Friday.

Business News2 days ago

FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake/File Photo

China is yet to approve U.S. chipmaker Qualcomm Inc's <QCOM.O> proposed $44 billion acquisition of NXP Semiconductors <NXPI.O>, three people close to the talks said, dismissing an earlier media report that said Beijing had already greenlit the deal.

Business News2 days ago

A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration

Global delivery company FedEx Corp <FDX.N> said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers and are "counterproductive to U.S. economic interests."

Business News2 days ago

FILE PHOTO: Shipping containers, including one labelled "China Shipping," are stacked at the Paul W. Conley Container Terminal in Boston, Massachusetts, U.S., May 9, 2018.   REUTERS/Brian Snyder/File Photo

U.S. President Donald Trump's new trade tariffs will lop at most a couple of tenths of a percentage point off U.S. growth and add a similar amount to inflation, small fry for a $19 trillion economy that is experiencing its second longest economic expansion on record.

Business News2 days ago

FILE PHOTO: A worker cuts a piece from a steel coil at the Novolipetsk Steel PAO steel mill in Farrell, Pennsylvania, U.S., March 9, 2018.  REUTERS/Aaron Josefczyk/File Photo

U.S. President Donald Trump on Friday set tariffs on $34 billion of Chinese imports, effective in July, and targeted another $16 billion in goods for future tariffs.

Business News2 days ago

FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly Song/File Photo

China plans to impose tariff measures of similar size and intensity in its bid to fight back against the United States, as the world's two largest economies engage in a bitter trade dispute.

Business News2 days ago

FILE PHOTO: A HNA Group logo is seen on the building of HNA Plaza in Beijing, China February 9, 2018.  REUTERS/Jason Lee/File Photo

China's top leaders have agreed to help debt-laden conglomerate HNA Group Co <HNAIRC.UL> raise funds, Bloomberg reported on Friday, citing people familiar with the matter.

Business News2 days ago

FILE PHOTO - U.S. trade representative Robert Lighthizer (front), a member of the U.S. trade delegation to China, leaves a hotel in Beijing, China May 3, 2018. REUTERS/Jason Lee

The United States will begin collecting 25 percent tariffs on July 6 on a slimmed-down product list of Chinese goods worth $34 billion that excludes television sets and other consumer products, the U.S. Trade Representative's office said on Friday.

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