Latest China News

US retail sales rose a modest 0.3% in October

Nov. 15, 2019 11:05 AM EST

WASHINGTON (AP) — Americans stepped up their shopping last month, spending more online and buying more cars, evidence that consumers can still drive the economy’s growth. Still, the details of the report were weaker than expected, economists said, and several analysts reduced their forecasts for...

US-China trade deal hopes lift stocks on Wall Street

Nov. 15, 2019 10:16 AM EST

NEW YORK (AP) — Stocks moved higher in early trading on Wall Street and headed for records on Friday after U.S. officials said they were making progress in the latest push for a trade agreement with China. The market has been sensitive to any developments on U.S.-China trade talks. Investors hope the...

Markets Right Now: Stocks open higher on Wall Street

Nov. 15, 2019 9:45 AM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening broadly higher on Wall Street as hopes continued to grow that the U.S. and China were moving closer to a deal on trade. Technology and health care companies led the way higher in early trading...

FIBA chooses sites for 2020 Olympic qualifying tournaments

Nov. 15, 2019 9:23 AM EST

MIES, Switzerland (AP) — Canada, Croatia, Lithuania and Serbia have been selected as hosts for the qualifying basketball tournaments that will determine the final four men's spots available in the 2020 Tokyo Olympics. Those tournaments will take place from June 23-28. Each of those four nations will host a...

China issues plan to promote high-tech manufacturing

Nov. 15, 2019 8:58 AM EST

BEIJING (AP) — China issued an outline Friday of policies aimed at promoting high-tech manufacturing after it stopped pushing a strategy that helped trigger a tariff war with Washington. A statement by the Cabinet’s planning agency called for the government to help manufacturers in autos,...

Sweden rejects Chinese criticism of press freedom prize

Nov. 15, 2019 8:51 AM EST

STOCKHOLM (AP) — Sweden rejected on Friday criticism by the Chinese ambassador of the Swedish culture minister’s participation in the awarding of a press freedom prize to a naturalized Swede detained in China. The Swedish news agency TT quoted Culture Minister Amanda Lind as saying Friday that...

AP Photos: Hong Kong protesters resort to medieval weapons

Nov. 15, 2019 8:26 AM EST

HONG KONG (AP) — Protesters, including student, who barricaded themselves inside Hong Kong’s universities have tried to turn the campuses into armed camps, resorting to medieval weapons to stop police from entering the grounds. Their weapons include bows and arrows, catapults and hundreds of...

Translation issues mar start of Sun Yang doping case hearing

Nov. 15, 2019 8:02 AM EST

MONTREUX, Switzerland (AP) — A blockbuster doping case got lost in translation with Chinese swimmer Sun Yang on the stand. Imprecise and incomplete exchanges relayed by courtroom translators into English and Chinese frustrated even Sun’s own lawyers on Friday during his opening statement and...

Global shares mostly rise on talk of China-US trade deal

Nov. 15, 2019 7:39 AM EST

BANGKOK (AP) — Shares mostly rose on Friday after U.S. governments officials said they were getting close to an agreement with China to cool tensions over trade. Germany’s DAX rose 0.2% to 13,208, and France’s CAC 40 gained 0.4% to 5,922. Futures for the Dow Jones Industrial Average and the...

Hong Kong protesters issue demands, begin leaving university

Nov. 15, 2019 7:28 AM EST

HONG KONG (AP) — Many of the protesters who had barricaded themselves in a Hong Kong university this week began to leave Friday after temporarily clearing a road they had blocked and demanding that the government commit to going ahead with local elections on Nov. 24. It wasn’t immediately clear why...