Articles written by Joe Mcdonald

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Asian markets follow Wall St higher as recession fears ease

BEIJING (AP) — Asian stock markets followed Wall Street higher Friday after two Federal Reserve officials said the U.S. economy might avoid a recession and a news report said China might boost construction spending to stimulate its struggling e...

 

China rejects hacking charges, accuses US of cyberspying

BEIJING (AP) — China on Tuesday rejected an accusation by Washington and its Western allies that Beijing is to blame for a hack of the Microsoft Exchange email system and complained Chinese entities are victims of damaging U.S. cyberattacks. A f...

 

China announces 'over 6%' economic growth target, tech plans

BEIJING (AP) — China’s top economic official announced a healthy growth target for the nation Friday and its plans to become a more self-reliant technology leader amid tension with Washington and Europe over trade, Hong Kong and human rights. The...

 

China spacecraft lands on moon to bring rocks back to Earth

BEIJING (AP) — A Chinese spacecraft landed on the moon to bring back lunar rocks to Earth for the first time since the 1970s, the government announced. The China National Space Administration said Chang'e 5 "successfully landed" at its designated s...

 

Spokesman: China to sanction US arms suppliers to Taiwan

BEIJING (AP) — China's government said Monday it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington over s...

 

China death toll reaches 259; WHO warns countries to prepare

BEIJING (AP) — China's death toll from a new virus rose to 259 on Saturday and a World Health Organization official said other governments need to prepare for"domestic outbreak control" if the disease spreads in their countries. Beijing criticized W...

 

China's quarterly economy growth sinks to 6%, a 26-year low

BEIJING (AP) — China's economic growth decelerated to a 26-year low in the latest quarter amid a tariff war with Washington, adding to deepening slump that is weighing on global growth. The world's second-largest economy expanded by 6% in the t...

 

Huawei accuses US of cyberattacks, coercing employees

BEIJING (AP) — Chinese telecom equipment maker Huawei accused U.S. authorities on Wednesday of attempting to break into its information systems and of trying to coerce its employees to gather information on the company. Huawei, which faces m...

 

Why tariff war threatens Beijing's global economic ambitions

BEIJING (AP) — China's intensified tariff war with the Trump administration is threatening Beijing's ambition to transform itself into the dominant player in global technology. The United States is a vital customer and source of technology for C...

 

China vows retaliation if Trump raises tariffs

BEIJING (AP) — Ratcheting up tension ahead of talks in Washington, China vowed Thursday to defend its own interests and retaliate if President Donald Trump goes ahead with more tariff hikes in a dispute over trade and technology. Beijing will i...

 

China considers legal changes on technology to placate US

BEIJING (AP) — In an unusual step, China's ceremonial legislature is due to endorse a law meant to help end a bruising tariff war with Washington by discouraging officials from pressuring foreign companies to hand over technology. The battle with C...

 

Survey: American companies worry US-Chinese ties will worsen

BEIJING (AP) — American companies want President Donald Trump's negotiations with Beijing to win them real improvements in their access to Chinese markets, not just a smaller overall U.S. trade deficit, a business group said Tuesday. Companies t...

 

China accuses US of trying to block its tech development

BEIJING (AP) — China's government on Monday accused the United States of trying to block its industrial development after Vice President Mike Pence said Chinese equipment poses a threat to countries that are rolling out next-generation mobile c...

 

Trump says he might extend deadline in US-China talks

BEIJING (AP) — President Donald Trump said that "there's a possibility" he would extend a March 2 deadline in trade talks with China if the two countries are closing in on a deal. Trump made the remarks after two days of high-level negotiations b...

 

US-China trade talks wrap up, with outcome unclear

BEIJING (AP) — Uncertainty over the outcome of China-U.S. trade talks cast a pall Thursday over Asian markets as both sides kept mum about what lies ahead. Most Asian markets opened lower after the talks wrapped up the day before without clear i...

 

China upbeat ahead of US trade talks, but differences large

BEIJING (AP) — China has sounded a positive note ahead of trade talks this week with Washington, but the two sides face potentially lengthy wrangling over technology and the future of their economic relationship. Both sides have expressed an i...

 

Why slowing economies could prod US and China to reach deal

WASHINGTON (AP) — The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness. The import taxes the two sides have imposed on h...

 

Huawei calls on US, others to show proof of security risk

DONGGUAN, China (AP) — The chairman of Huawei challenged the United States and other governments to provide evidence for claims the Chinese tech giant is a security risk as the company launched a public relations effort to defuse fears that t...

 

China suspends tariff hikes on US cars, auto parts

BEIJING (AP) — China announced a 90-day suspension on Friday of tariff hikes on U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth. The suspension is China's first step i...

 

China and US discuss plans for trade talks

BEIJING (AP) — China's economy czar and U.S. trade envoys discussed plans for talks on a tariff battle, the government said Tuesday, indicating that negotiations are going ahead despite tension over the arrest of a Chinese tech executive. Vice P...

 

China, US discuss plans for trade talks

BEIJING (AP) — China's economy czar and the U.S. Treasury secretary discussed plans for talks on a tariff battle, the government said Tuesday, indicating negotiations are going ahead despite tension over the arrest of a Chinese tech executive. V...

 

Darkening clouds start to overhang global economic expansion

WASHINGTON (AP) — After galloping along for the past two years, the global economy is showing signs of weakening, with the United States, China and Europe all facing the rising threat of a slowdown. Few economists foresee an outright global r...

 

Chinese leaders struggle to dispel stock market gloom

BEIJING (AP) — Lu Yushan, a retired salesman, has advice for investors in China's slumping stock market: Sell. Lu's shares soared over the past decade. But the 65-year-old cashed out this year, driven away by plunging prices, insider trading s...

 

China's trade surplus with US hits record $31 billion

BEIJING (AP) — China's trade surplus with the United States widened to a record $31 billion in August as exports surged despite American tariff hikes, potentially adding fuel to President Donald Trump's battle with Beijing over industrial policy. E...

 

China announces $60B of US goods for tariff retaliation

BEIJING (AP) — China said Friday it is poised to impose retaliatory tariffs on $60 billion worth of U.S. imports, including coffee, honey and industrial chemicals, if Washington goes ahead with its latest trade threat. China's Finance Ministry a...

 

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