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ZTE Gets Lifeline from Trump, Xi

ZTE Gets Lifeline from Trump, Xi U.S. President Donald Trump has said that he and Chinese President Xi Jinping are working to give Chinese telecom company ZTE Corp “a way to get back into business, fast.” “President Xi of China, and I, are working together to...

U.S. Sorghum Ship Bound for China Heads for Saudi Arabia

U.S. Sorghum Ship Bound for China Heads for Saudi Arabia A ship carrying 69,842 tonnes of sorghum from the United States bound for China has switched its destination to Dammam, Saudi Arabia. The BTG EIGER departed with U.S. sorghum from Archer Daniels Midland Co’s Corpus Christi...

World Bank’s Share Capital Now $13 billion

World Bank’s Share Capital Now $13 billion World Bank shareholders have approved an increase in the bank’s lending capacity after the United States backed a reform package that curbs loans and charges more for higher income countries like China. World Bank President Jim Yong Kim said...

China’s ZTE Groans Under American Ban

China’s ZTE Groans Under American Ban China’s ZTE Corp has said that an American ban on the sale of parts and software to the company was unfair and threatens its survival. However, the company vowed to safeguard its interests through all legal means. The United States this...

China’s Trade Surplus With US Surges In Q1

China’s Trade Surplus With US Surges In Q1     China’s trade surplus with the United States surged by a fifth in the first three months of the year, rising 19.4 percent year-on-year to $58 billion in January-March, with exports up 14.8 percent and imports 8.9 percent...

China Vows Realiation if U.S. Escalates Trade Row – Minister

China Vows Realiation if U.S. Escalates Trade Row – Minister China’s commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington’s attempts at dialogue were not sincere. The country vowed to retaliate should U.S. President Donald Trump escalate current tensions....