Treasury Secretary Janet Yellen lays out the Biden administration’s principal objectives for the U.S.–China economic relationship at 10:00 a.m. ET on April 20 in a speech at John Hopkins University. …
Yellen Gives Objectives for US–China Economic Relationship
Treasury Secretary Janet Yellen lays out the Biden administration’s principal objectives for the U.S.–China economic relationship at 10:00 a.m. ET on April 20 in a speech at John Hopkins University. …
Japanese Companies Assess Cost of Decoupling From China’s Supply Chain
More Japanese companies are considering weaning themselves from Chinese supply chains after more than 2,000 of them have withdrawn from China since COVID-19. Some 26 percent of Japan’s total imports came from China in 2020, and while Japan may still have close economic ties with China, tensions between Washington and Beijing amid international tensions have…
After Stocks Plunge in Hong Kong, Mainland China, Beijing’s Financial Rescue Sends Them Soaring
The stock market in continental China and Hong Kong, which plummeted for two consecutive trading days due to the failure of U.S.-China economic talks, rebounded in an abnormally short window after China’s financial commission issued a bailout signal on March 16. “This just goes to show that the Chinese stock market has always been a…
China Lists Four ‘Red Lines’ to Biden, Demands US Lift Tariffs and Sanctions
Chinese foreign affairs minister Wang Yi urged the United States to meet four requirements from Xi Jinping’s regime at the Lanting Forum, a video conference organized by the Chinese foreign affairs ministry on Feb. 22. The requests include: ending support for Taiwan, Hong Kong, Xinjiang, and Tibet; resuming the U.S.-China dialogue; ending the tariffs on Chinese products…
Beijing Hints at What it Wants of US-China Relationship Through State Media
Chinese state-run media Xinhua published a series of four commentaries in which it called on the new U.S. administration to “lead the U.S.-China relationship back on track” after years of what one article called “casting poison” onto bilateral relations. “Treating China as a major strategic competitor or even a rival is a historical, directional, and…
White House Says US-China Trade Deal Among Issues in Broad Review
WASHINGTON—The Biden administration will review all national security measures put in place by former President Donald Trump, including the U.S.-China Phase 1 trade deal signed in January 2020, White House Press Secretary Jen Psaki said on Friday. Asked if President Joe Biden viewed the deal as still in effect, she told a White House briefing:…
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