Tag: China

China's yuan edges lower against US dollar

China’s yuan edges lower against US dollar

Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 basis points to 6.6901 against the US dollar on Thursday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 per[Read More…]

US-China trade talks resume in Washington

US-China trade talks resume in Washington

Washington: Senior officials from the US and China gathered here on Thursday for a new round of trade talks, eight days before the deadline set by US President Donald Trump for reaching a deal to avert the imposition of higher tariffs on imports from the Asian nation. The US delegation[Read More…]

China-US trade negotiations underway in Beijing

China-US trade negotiations underway in Beijing

Beijing: The third round of negotiations between China and the US to end their trade war began on Thursday here as the parties planned to close their differences before the March 1 deadline, media reports said. Xinhua news agency confirmed the start of the high-level economic and trade consultations following[Read More…]

China trashes Turkey's remark on Uighur camps

China trashes Turkey’s remark on Uighur camps

Beijing: China on Monday trashed Turkey’s allegations that nearly one million Uighur Muslims were subjected to torture and political brainwashing at concentration camps and prisons in the Xinjiang region. Foreign Ministry spokesperson Hua Chunying said Beijing respected freedom of religious belief and asked Ankara to stop making such accusations in[Read More…]

China angry after US sails warships in South China Sea

China angry after US sails warships in South China Sea

By Gaurav Sharma Beijing: China on Monday chided the US for sailing two warships in the disputed South China Sea, a move that comes ahead of the latest round of trade parleys between the countries this week. As the preparatory lower-level trade talks between the Chinese and US officials were[Read More…]

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