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US, China economic leaders raise 'serious concerns' in first call
Washington (AFP) Feb 21, 2025 US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world's two biggest economies simmer under President Donald Trump's second term. The talks came shortly after Trump imposed additional tariffs on imports from China over its alleged role in the deadly fentanyl trade, which Beijing has pushed back against. "Secretary Bessent expressed serious concerns about the PRC ... read more |
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Bitcoin falls below $80,000 first time since NovemberHong Kong (AFP) Feb 28, 2025 Bitcoin sank below $80,000 on Friday for the first time in more than three months as a sell-off in the cryptocurrency sector gathered pace amid volatility in global markets. ... more 
Asian markets thumped as Trump tariff salvo fans fresh fearsHong Kong (AFP) Feb 28, 2025 Asian and European markets tumbled on Friday as US President Donald Trump's volley of tariffs sparked fresh fears about a global trade war that could hammer struggling economies. ... more 
China's leaders gather to hash out Trump tariff battle plansBeijing (AFP) Feb 28, 2025 China's leadership convenes next week for closed-door meetings to hammer out plans to shield the ailing economy from tariffs and trade threats from US President Donald Trump. ... more 
China vows response to latest US tariffs also targeting Canada, MexicoBeijing (AFP) Feb 28, 2025 China on Friday vowed to take "all necessary countermeasures" after US President Donald Trump said he would impose an additional 10 percent tariff on Chinese imports - a decision Beijing warned would "seriously impact dialogue". ... more |
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Stock markets struggle on fears over Trump's China tech curbsLondon (AFP) Feb 25, 2025 Stock markets struggled on Tuesday as US President Donald Trump reignited trade war fears after he called for fresh curbs on Chinese investments including in the tech sector. ... more 
Bolivia inaugurates steel plant built with Chinese loanPuerto Suarez, Bolivia (AFP) Feb 25, 2025 Short on foreign currency, Bolivia inaugurated a steel plant Monday that it hopes will reduce its reliance on metal imports, thanks to a loan from China. ... more 
Asian markets sink as Trump tariffs, China curbs stunt rallyHong Kong (AFP) Feb 25, 2025 Asian markets sank on Tuesday as fears of US President Donald Trump's trade war returned to the fore after he called for fresh curbs on Chinese investments in strategic sectors including technology. ... more 
Most Asian markets track Wall St loss; Hong Kong extends gainsHong Kong (AFP) Feb 24, 2025 Asian markets mostly fell Monday following a dour end to last week for Wall Street, where a disappointing round of data added to concerns about the world's number one economy. ... more 
Mexico president hopeful of deal this week to avert US tariffsMexico City (AFP) Feb 24, 2025 Mexico's president said Monday she was optimistic about reaching an agreement with Donald Trump this week to avoid sweeping US tariffs, hinting at possible levies on Chinese goods to secure a deal. ... more |
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Panama court to hear challenge to Hong Kong firm's canal concession
Panama City (AFP) Feb 21, 2025 A Panama court has agreed to review the concession granted to a Hong Kong-based firm to operate ports on either end of the Panama Canal - the source of US President Donald Trump's concerns for Chinese influence over the waterway. The Supreme Court has agreed to consider a request filed by a lawyer to nullify the contract to CK Hutchinson Holdings, owned by Hong Kong billionaire Li Ka-shing, Panama's judicial branch said in a statement. A subsidiary of Hutchinson manages two of the canal's five ... read more 
Well-off Hong Kong daunted by record deficitsHong Kong (AFP) Feb 23, 2025 Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles. ... more |
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Trump tariffs shake up China's factory heartlandDongguan, China (AFP) Feb 23, 2025 In a drab office in China's industrial heartland, Andy Xiao frets over the future of his shoe materials business, now straining under sweeping tariffs imposed by Donald Trump. ... more 
Trump orders tighter curbs on Chinese investments in key sectorsWashington (AFP) Feb 22, 2025 US President Donald Trump has signed a memo calling for curbs on Chinese investments in strategic sectors like technology and critical infrastructure, a move Beijing slammed on Saturday as "discriminatory." ... more 
Markets drop, gold hits record on Fed concern over Trump policiesHong Kong (AFP) Feb 20, 2025 Equity markets turned negative on Thursday and gold hit a record high amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation. ... more 
Trump admin to press ahead with Amazon, Meta antitrust casesWashington (AFP) Feb 20, 2025 The Trump administration will press on with its antitrust cases against Amazon and Meta, a top official said on Thursday, vowing to maintain pressure on Big Tech's market dominance. ... more
Trump says trade deal with China 'possible'Washington (AFP) Feb 20, 2025 US President Donald Trump suggested on Wednesday that a trade deal was "possible" with China - a key target in the US leader's tariffs policy. ... more |
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