Latest China News

Stocks rebound after US eases off China sales restrictions

May. 21, 2019 3:28 PM EDT

Stocks marched broadly higher on Wall Street in late-afternoon trading Tuesday, placing the market on track to snap a two-day losing streak. The rally followed the U.S. government's decision to temporarily ease off proposed restrictions on technology sales to Chinese companies. The news gave a boost to technology...

Canada delegation pressing China on detained Canadians

May. 21, 2019 3:21 PM EDT

TORONTO (AP) — A Canadian delegation in China is pressing Chinese officials to free two detained Canadians but there has been no contact between the two nations' leaders or foreign ministers despite the worst relations between Ottawa and Beijing since the Tiananmen Square massacre in 1989. Adam...

AP Explains: US sanctions on Huawei bite, but who gets hurt?

May. 21, 2019 2:57 PM EDT

Trump administration sanctions against Huawei have begun to bite even though their dimensions remain unclear. U.S. companies that supply the Chinese tech powerhouse with computer chips face a drop in sales, and Huawei's smartphone sales could get decimated with the anticipated loss of Google's popular software...

US delay to Huawei ban gives tech sector time to adjust

May. 21, 2019 2:20 PM EDT

The United States is delaying some restrictions on U.S. technology sales to Chinese tech powerhouse Huawei in what it calls an effort to ease the blow on Huawei smartphone owners and smaller U.S. telecoms providers that rely on its networking equipment. The Trump administration insists the sanctions are unrelated...

Wife of man tied to deaths in 2 states pleads to theft

May. 21, 2019 12:09 PM EDT

SALT LAKE CITY (AP) — The wife of a man convicted of gunning down a University of Utah student from China has pleaded guilty to two counts of theft. The Deseret News reports prosecutors dropped other counts in exchange for the Monday plea from 25-year-old Kathleen Boutain, including criminal solicitation....

Ex-Philippine judge says she was held at Hong Kong airport

May. 21, 2019 11:58 AM EDT

MANILA, Philippines (AP) — A former Philippine Supreme Court justice who accused Chinese President Xi Jinping of crimes against humanity before the International Criminal Court said she was barred for hours Tuesday from entering Hong Kong. Conchita Carpio-Morales said she was stopped by immigration...

The Latest: Huawei: US actions should worry other firms too

May. 21, 2019 11:35 AM EDT

BEIJING (AP) — The Latest on U.S. restrictions on sales to Chinese technology giant Huawei (all times local): 7:00 p.m. Chinese tech giant Huawei's top executive in the European Union is lashing out at the Trump administration's recently announced trade ban on the company and says other firms should be...

Global markets gain on Huawei grace period

May. 21, 2019 8:32 AM EDT

BEIJING (AP) — Most global stock markets rose Tuesday after the U.S. government issued a 90-day grace period on its order to bar U.S. firms from selling to Chinese telecom gear maker Huawei. The reprieve eases the immediate hit on U.S. suppliers and has at least temporarily quelled investors' anxiety over...

Australia government says it won't break tax cut pledge

May. 21, 2019 6:09 AM EDT

CANBERRA, Australia (AP) — Australia's newly reelected government said Tuesday that its promise to slash income taxes might be delivered late but would not be broken as it seeks to stimulate consumer spending, revive a flagging economy and repair relations with China, its most important trading partner....

AP Explains: US sanctions on Huawei bite, but who gets hurt?

May. 21, 2019 2:25 AM EDT

Trump administration sanctions against Huawei have begun to bite even though their dimensions remain unclear. U.S. companies that supply the Chinese tech powerhouse with computer chips saw their stock prices slump Monday, and Huawei faces decimated smartphone sales with the anticipated loss of Google's popular...