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Chinese vice foreign minister says progress made in trade talks with US

Ben Blanchard, Reuters
Posted at Oct 22 02:16 PM

China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng said on Tuesday, and any problem could be resolved as long as both sides respected each other. Read more »

Asia markets try to see light in trade talks, Brexit votes

Wayne Cole, Reuters
Posted at Oct 22 08:41 AM

US President Donald Trump sounded upbeat on a China deal on Monday, while White House adviser Larry Kudlow said tariffs on Chinese goods scheduled for December could be withdrawn if talks go well. Read more »

China says to work with US to address each other's core concerns

David Kirton and Ryan Woo, Reuters
Posted at Oct 19 02:29 PM

Chinese Vice Premier Liu He said on Saturday that China will work with the United States to address each other's core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides and the world. Read more »

US, Chinese teams working on Phase 1 trade deal text: Mnuchin

Andrea Shalal and David Lawder, Reuters
Posted at Oct 17 08:57 AM

Mnuchin, in a wide-ranging news conference at the Treasury, said there was no invitation from Beijing for another high level meeting with Vice Premier Liu He on the trade deal outlined last week, but deputies were holding phone conferences this week. Read more »

Huawei CEO eager to cooperate with Japan amid US fight

Kyodo News
Posted at Oct 16 06:14 PM

Huawei said it hopes to cooperate with Japan, as the Chinese tech giant faces severe challenges amid a prolonged technology dispute with the United States. Read more »

Huawei says 9-month revenue up despite US pressure

Agence France-Presse
Updated as of Oct 16 04:26 PM

Huawei's revenues jumped 24.4 percent on-year to 610.8 billion yuan ($86.2 billion) and its profit margin increased 8.7 percent, it announced. Read more »

IMF warns global outlook 'precarious,' no room for policy mistakes

Heather Scott, Agence France-Presse
Posted at Oct 15 10:31 PM

The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war undercuts business confidence and investment, the IMF said Tuesday. Read more »

Singapore eases monetary policy, avoids recession

Agence France-Presse
Posted at Oct 14 10:38 AM

Singapore eased monetary policy for the first time in over three years Monday as the US-China trade war bites, while the export-reliant economy narrowly avoided recession in the third quarter. Read more »

Asia shares cheered by US-China trade progress

Wayne Cole, Reuters
Posted at Oct 14 10:38 AM

Liquidity was lacking, however, with Japan off and a partial market holiday in the United States for Columbus Day. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.5 percent. Read more »

PDEA clears slain Masbate town vice mayor of illegal drugs

Angel Movido, ABS-CBN News
Updated as of Oct 13 04:54 PM

Slain Batuan town Vice Mayor Charlie Yuson III was not involved in the illegal drug trade, Philippine Drug Enforcement Agency chief Aaron Aquino said Sunday. Read more »

China's blacklisted AI firms: what you should know

Eva Xiao and Danni Zhu, Agence France-Presse
Posted at Oct 13 02:34 PM

The eight firms were added on Monday to a list of 28 entities that US companies are barred from selling components to without government approval. Read more »

US-China partial trade deal: the main points

Agence France-Presse
Posted at Oct 12 09:32 AM

Here are the main points of the agreement, which has yet to be signed. Read more »

Huawei to secure US licenses for non-sensitive goods: report

Reuters
Posted at Oct 12 09:16 AM

The blacklisting blocked Huawei from buying parts and components from US companies without U.S. government approval, limiting its access to essential technologies such as Google Mobile Services. Read more »

Global stocks rise on partial US-China trade deal, pound up

Agence France-Presse
Posted at Oct 12 08:49 AM

The US-China agreement, announced in the closing minutes of Friday's Wall Street session, halts new US tariffs that were scheduled to go into effect next week and includes a Chinese promise to ramp up purchases of American farm products. Read more »

Embattled Trump takes victory lap on China trade deal

Douglas Gillison, Reuters
Updated as of Oct 12 08:45 AM

Trump hailed a breakthrough on an initial deal that included a surge in purchases of American farm products and also covers intellectual property, financial services and currencies. Read more »

Choke point: Vietnam skilled labor squeezed by China-US trade war

James Pearson and Phuong Nguyen, Reuters
Posted at Oct 11 09:25 AM

A new front has opened in the US-China trade war as companies shifting manufacturing to Vietnam engage in a fierce battle for skilled labor, aggravating an existing shortage and prompting calls for education reforms to address the problem. Read more »

Number of China's ultra-wealthy dwindles in 2019

Agence France-Presse
Posted at Oct 10 09:05 PM

The number of ultra-wealthy individuals dipped in China this year, a report said Thursday, as the government seeks to rebalance the economy and tackle high levels of toxic debt.   Read more »

US-China trade war seen cutting global growth by half a point next year

Reuters
Posted at Oct 09 10:04 PM

The trade war between the United States and China could cut global growth by 0.5 points next year, French Finance Minister Bruno Le Maire said on Wednesday. Read more »

China's tourists cut back on foreign travel, choose 'patriotic destinations'

Gabriel Crossley, Reuters
Posted at Oct 08 07:37 PM

Chinese mainland tourists cut back on trips and spending abroad during the long "Golden Week" holidays in early October, with a weaker yuan, political turmoil in Hong Kong and global tensions dampening their enthusiasm to travel too far from home. Read more »

US widens blacklist to include China's top AI startups ahead of trade talks

David Shepardson and Josh Horwitz, Reuters
Posted at Oct 08 04:23 PM

The action bars the firms from buying components from US companies without US government approval - a potentially crippling move. Read more »