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Tag Archives: China

Xi says world needs China, U.S. to have stable relationship

The world needs China and the United States to have a stable and cooperative relationship, Chinese President Xi Jinping told U.S. Vice President Joe Biden, just days before new uncertainty looms with Donald Trump taking office as president. Meeting on the sidelines of the World Economic Forum in Davos, Xi …

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China, Europe drive shift to electric cars as U.S. lags

Electric cars will pick up critical momentum in 2017, many in the auto industry believe – just not in North America. Tighter emissions rules in China and Europe leave global carmakers and some consumers with little choice but to embrace plug-in vehicles, fuelling an investment surge, said industry executives gathered …

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Alibaba tells Trump about U.S. store plan for China e-shoppers

Alibaba Executive Chairman Jack Ma met U.S. President-elect Donald Trump on Monday and laid out the Chinese e-commerce company’s new plan to bring a million small U.S. businesses onto its platform to sell to Chinese consumers over the next five year, an Alibaba spokesman said. Alibaba Group Holding Ltd (BABA.N) …

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Chinese state tabloid warns Trump, end one China policy and China will take revenge

State-run Chinese tabloid Global Times warned U.S. President-elect Donald Trump that China would take “take revenge” if he reneged on the one-China policy, only hours after Taiwan’s president made a controversial stopover in Houston. Taiwanese President Tsai Ing-wen met senior U.S. Republican lawmakers during her stopover in Houston on Sunday …

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Apple pulls New York Times app from iTunes store in China

Apple Inc (AAPL.O) has removed the New York Times Co’s (NYT.N) news apps from its app store in China, following a request from the Chinese authorities. Apple removed both the English-language and Chinese-language apps from the iTunes store in China on Dec. 23, according to the New York Times, which …

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Foxconn joint venture to build $8.8 billion LCD plant in China

A joint venture between Hon Hai Precision Industry Co (2354.TW), known as Foxconn, and Sharp Corp (6753.T) plans to build a 61 billion yuan ($8.8 billion) factory in China to produce liquid-crystal displays (LCDs). Sakai Display Products Corp’s plant will be a so-called Gen-10.5 facility specializing in large-screen LCDs and …

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Trump aide plays down prospect of upending ‘one China’ policy

President-elect Donald Trump’s incoming White House chief of staff on Sunday played down the prospect that Trump would revisit Washington’s decades-old “one China” policy, even though he suggested as much a week ago. Since 1979, the United States has acknowledged Taiwan as part of “one China” but Trump prompted a …

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China to return seized U.S. drone, says Washington ‘hyping up’ incident

China will return an underwater U.S. drone seized by a naval vessel this week in the South China Sea, both countries said on Saturday, but Beijing complained that Washington had been “hyping up” the incident. U.S. President-elect Donald Trump, who has vowed to take an aggressive approach in dealing with …

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Targeting U.S. automaker signals possible China retaliation over Trump talk

China’s plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate if President-elect Donald Trump upends decades of relations between the two nations. Trump’s assertion that the United States need not be bound by the policy that Taiwan is part of “one China” …

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White House voices concerns about China cyber law

The White House said on Thursday that it raised concerns about China’s new cyber security law during a meeting with a Chinese official after the latest round of talks between the two countries on cyber crime. U.S. National Security Adviser Susan Rice met with Chinese State Councilor Guo Shengkun to …

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