Page 11 - China Us Trade

US, UK accuse China of broad cyberattacks, British voter data theft

The hackers, part of a state-sponsored group known as APT31, have been charged with conspiracy to commit computer intrusions and conspiracy to commit wire fraud

US House to vote on bill that decides ByteDance-owned TikTok's fate in US

Tiktok CEO Shou Zi Chew will visit Capitol Hill on Wednesday on a previously scheduled trip to talk to senators, a source briefed on the matter said

Hong Kong court affirms sedition conviction for pro-democracy activist

Criticizing laws or chanting anti-government slogans can be enough to jail someone for sedition in Hong Kong, an appeal court ruled Thursday in a landmark case brought under a colonial-era law increasingly used to crush dissent. Hong Kong's Court of Appeal upheld a 40-month sentence for pro-democracy activist Tam Tak-chi, the first person tried under the city's sedition law since Hong Kong returned to Chinese rule in 1997. Tam's lawyers had argued that his conviction should be overturned because the prosecution did not show he meant to incite violence. The prosecution is widely seen as part of Beijing's clampdown on dissent in the former British colony, following widespread anti-government protests in 2019. Tam was convicted on 11 charges in 2022, including seven counts of uttering seditious words." A judge at the lower court took issue with him chanting the popular protest slogan Liberate Hong Kong, revolution of our times words the government says imply separatism and criticisin

First time in 2 decades, Mexico overtakes China as leading exporter to US

For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported to the United States. The shift reflects the growing tensions between Washington and Beijing as well as US efforts to import from countries that are friendlier and closer to home. Figures released Wednesday by the U.S. Commerce Department show that the value of goods imported to the United States from Mexico rose nearly 5% from 2022 to 2023, to more than $475 billion. At the same time, the value of Chinese imports imports tumbled 20% to $427 billion. The last time that Mexican goods imported to the United States exceeded the value of China's imports was in 2002. Economic relations between the United States and China have severely deteriorated in recent years as Beijing has fought aggressively on trade and made ominous military gestures in the Far East. The Trump administration began imposing tariffs on Chinese imports in 2018, arguing that Beijing's trade practices

Beijing steps up military pressure on Taiwan after US, China announce talks

China sent more than 30 warplanes and a group of navy ships toward Taiwan, the island's defense ministry said Saturday. The military pressure comes on the heels of an announcement that senior American and Chinese representatives were expected to meet in the Thai capital as the two countries seek to cool tensions. The Chinese People's Liberation Army sent 33 aircraft, including SU-30 fighters, and six navy vessels around Taiwan, between 6 am Friday to 6 am Saturday. Of these, 13 warplanes crossed the midline of the Taiwan Strait an unofficial boundary that's considered a buffer between the island and mainland. Taiwan has monitored the situation and employed its own forces in response to the activities. China claims self-ruled Taiwan as its own territory and in recent years has shown is displeasure at political activities in Taiwan by sending military planes and ships. Taiwan said six Chinese balloons either flew over the island or through airspace just north of it days after the ...

US-China tech rivalry keeps South Korean chipmakers in costly limbo

While China is still by far South Korea's biggest trading partner, monthly exports to the US surpassed those to China for the first time in more than two decades

North Korea says it tested solid-fuel missile tipped with hypersonic weapon

North Korea on Monday said it flight-tested a new solid-fuel intermediate-range missile tipped with a hypersonic warhead as it pursues more powerful, harder-to-detect weapons designed to strike remote US targets in the region. The report by North Korea's state media came a day after the South Korean and Japanese militaries detected the launch from a site near the North Korean capital of Pyongyang, in what was the North's first ballistic test of 2024. The launch came two months after North Korea said it successfully tested engines for a new solid-fuel intermediate-range missile, which reflected a push to advance its lineup of weapons targeting U.S. military bases in Guam and Japan. The North's official Korean Central News Agency said Sunday's launch was aimed at verifying the reliability of the missile's solid-fuel engines and the maneuverable flight capabilities of the hypersonic warhead. It described the test as a success but didn't provide flight details. KCNA did not mention ..

Polling begins in Taiwan, over 19 mn voters to elect President, VP

The world is keenly watching Taiwan as its citizens prepare to vote for a new President and Parliament amidst escalating tensions with China

China media warns against taking China's Indian Ocean research as threats

Detailed knowledge of ocean depths, currents and temperature was vital to China's growing submarine operations

Taiwan expects China to apply pressure on incoming govt after election

Taiwan goes to the polls to elect a new president and parliament under the shadow of an increasingly assertive China which has called the vote a choice between "peace and war"

China seen using threats, money and pressure to influence Taiwan elections

Using military threats, diplomatic pressure, fake news and financial inducements for politicians, China is being accused of deploying a broad strategy to influence voters in Taiwan's elections to pick candidates who favor unification. China's ultimate goal is to take control of the self-governing island democracy, whose high-tech economy supplies key components for computers, cellphones and other electronic devices and ships much of the world's goods out from the Taiwan Strait. Beijing has long insisted Taiwan is part of China and must be regained, by military force if necessary, regardless of the views of the island's people. Taiwanese Foreign Minister Joseph Wu says China's global objective is that they want to use Taiwan as a test ground. If they are able to successfully shape the results of the Taiwan elections, they will try to apply their tactics on other countries. China has been sending warships and fighter jets near Taiwan on a near-daily basis in recent years, hoping to ..

Taiwan issues an air raid alert saying China has launched a satellite

Taiwan's defense ministry issued an alert Tuesday saying China has launched a satellite and urging caution days before the island's elections. Taiwan holds presidential and parliamentary elections Saturday that China has described as a choice between war and peace. In English, the presidential alert sent to residents' mobile phones cautioned there was a missile flyover. The alerts went off in the middle of an international news conference by Taiwanese Foreign Minister Joseph Wu. He clarified it was a satellite launch, told journalists not to worry, and proceeded with the news conference. China views Taiwan, which is about 160 kilometers (100 miles) off China's east coast, as a renegade province that must come under its control.

Taiwan says Chinese balloons are harassment and a threat to air safety

Taiwan's Defence Ministry accused China on Saturday of harassment and trying to affect public morale by repeatedly sending balloons over the self-governing island. A ministry analysis found that the paths of the balloons posed a serious threat to international passenger flights, according to a report by Taiwan's official Military News Agency. The ministry called for an immediate end to the activity to ensure flight safety. The ministry urged the people (of Taiwan) to clearly understand the Chinese Communist Party's cognitive combat methods and face it rationally and calmly so as to avoid being affected by it, the report said. The purpose of the balloons is unclear, and a Chinese state media outlet has accused Taiwan's ruling Democratic Progressive Party and Taiwanese and American media of hyping what it says are harmless weather balloons. The balloon incidents come ahead of a January 13 presidential election in Taiwan in which the island's relations with China are a major ...

Taiwan govt spots more Chinese balloons, says one flew over island

Taiwan is on high alert for Chinese activities, both military and political, ahead of Jan 13 presidential and parliamentary elections

China turns up heat on trade with rare earth tech export restrictions

The US is spearheading a drive to reduce China's stranglehold over flows of these minerals, from rare earths to lithium and cobalt.

US says China curbed 'dangerous' military acts after Xi Biden meet

That development suggests relations between the world's two largest economies are improving after Biden and Xi met in San Francisco in November for the first time in a year

China warned about potential 'middle-technology trap' amid tech war with US

A top state-run Chinese think-tank warned China of a potential "middle-technology trap" unless it opens doors "wide open" for new investments and scientific innovation to deal with increasing containment in the ongoing tech war with the US. "China's manufacturing sector is still in the downstream of the global value chain, and it faces a risk of being hamstrung at the low and mid-end by developed countries such as the United States, Germany and Japan, the Chinese Academy of Sciences said in its latest report released during the weekend. "The countries that develop later usually have difficulties in industrial upgrading and transitioning to high-income countries because they lack original technological advances after technology importation, imitation, absorption, and tracking, the report said. The report came amid stepped-up technology curbs by the US, while Chinese manufacturers are finding it increasingly difficult to move up value chains. The "middle-technology trap describes a .

Janet Yellen to visit China again in 2024, to focus on 'difficult' topics

Yellen emphasized the importance of using her exchanges with China to gather information about the world's second-largest economy

Joe Biden, Xi Jinping to meet at 30th APEC summit today: What to expect?

US President Joe Biden will meet Chinese President Xi Jinping on Wednesday in San Francisco on the sidelines of the 30th APEC summit

China ignores the guardrails as it pursues its own form of coercion

Despite rising tensions and the risk of miscalculation, Chairman Xi Jinping refuses to allow the People's Liberation Army (PLA) to have contact with its US counterpart