BY CHINA DAILY As Huawei Technologies Co works hard to offset the fallout of the US government’s restrictions, suppliers around the world are reaffirming their support for the Chinese company, partly by leveraging their flexibilities to reconfigure supply chains. German chipmaker Infineon said it is continuing most shipments to Huawei, given that the majority of products it delivers to the Chinese firm are not subject … Continue reading Suppliers around the world to continue shipments to Huawei
BY CHINA DAILY US construction machinery giant Caterpillar Inc believes there are good long-term prospects in the China market and the company plans to launch more products and services for local customers, a global executive said. Ramin Younessi, Caterpillar group president for construction industries, told China Daily that the US-based company is “very committed” to China and has a strong team for the long run … Continue reading Caterpillar: ‘We believe in free trade’
BY SCMP That US blacklist, officially called the Entity List, identifies organisations and individuals believed to be involved, or pose a significant risk of becoming involved, in activities contrary to America’s national security or foreign policy interests. In total, there are now 143 entries under mainland China in the US trade blacklist, based on a review of the existing 281-page document maintained by the Bureau … Continue reading How many Chinese entities are on US trade blacklist?
BY JOHN GONG, for CGTN US President Trump always views the world through the lenses of winners and losers. This can be easily concluded from the thousands of tweets he has puked out of his living quarters in the White House, what some aides secretly described as “the devil’s workshop.” “You know what, we always win!” is the favorite phrase he has repeated hundreds of … Continue reading Winners and losers of the trade war
BY SONG WEI, FOR GLOBAL TIMES Kiron Skinner, director of policy planning at the US Department of State, argued on April 29 that China-US competition is a “clash of civilizations.” This has triggered dissenting voices in the US as well as internationally. Skinner described competition with China as, “a fight with a really different civilization and a different ideology, and the United States hasn’t had … Continue reading China-US rivalry not a clash of civilizations
BY BLOOMBERG and SILVI WRITER The only US rare-earths miner is crying foul over China’s decision to raise tariffs on American shipments of raw materials used in electric vehicles. MP Materials – once the world’s biggest producer of rare-earth materials – exports 3,000 to 4,000 metric tons of concentrates to the Asian nation from its Mountain Pass mine in California. The elements MP exports include … Continue reading Rare earth: China’s winning card?
BY SILVI WRITER and BBC A leading US expert in China has said Beijing has “three winning cards” against Washington, while one of Donald Trump’s top economic advisers has acknowledged the president was wrong to suggest that China would pay tariffs on its exports to the US. Larry Kudlow, who heads the National Economic Council, accepted it was US businesses that paid the import tax. … Continue reading China has “Three Winning Cards” against US, says expert