Latest China News

Mattis to visit China as Taiwan, S. China Sea tensions rise

Jun. 23, 2018 9:25 PM EDT

BEIJING (AP) — U.S. Defense Secretary Jim Mattis, who has accused China of "intimidation and coercion" in the South China Sea, is visiting Beijing this week as the countries increasingly spar over U.S. arms sales to Taiwan and Beijing's expanding military presence overseas. Mattis will be the first defense...

From boat makers to farmers, US-led tariff war inflicts pain

Jun. 23, 2018 11:02 AM EDT

WASHINGTON (AP) — A Florida boat builder absorbs $4 million in lost business and expects more pain. An Ohio pork producer is losing access to a vital export market and fears the damage will last years. A motorcycle shop near Cologne, Germany, wonders if it even has a future. A brawl that the United States...

Xiaomi seeks to raise up to $6 billion in Hong Kong IPO

Jun. 23, 2018 10:19 AM EDT

SEOUL, South Korea (AP) — Chinese smartphone maker Xiaomi Corp. plans to raise up to $6 billion in one of the biggest global stock market debuts in recent years as it tries to become a worldwide hardware-and-services brand alongside Apple, Google and Amazon. The initial public offering in Hong Kong would...

Global markets, oil rise as OPEC mulls output increase

Jun. 22, 2018 8:01 AM EDT

SEOUL, South Korea (AP) — Global stocks and oil prices were higher Friday as investors monitored OPEC's discussion on increasing crude production. Caution remained, however, over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profits and jobs....

Trump jabbed first, and now world hits back in trade fight

Jun. 22, 2018 2:39 AM EDT

WASHINGTON (AP) — The United States attacked first, imposing tariffs on steel and aluminum from around the globe and threatening to hit tens of billions of dollars in Chinese products. Now, the world is punching back. The European Union is set Friday to slap tariffs on $3.4 billion in American products,...

China blocks John Oliver on social media after scathing show

Jun. 22, 2018 1:12 AM EDT

BEIJING (AP) — A popular Chinese social media site is censoring discussion of "Last Week Tonight" and its HBO host John Oliver after he mocked Chinese President Xi Jinping, his apparent sensitivity about being compared to Winnie the Pooh and his country's crackdown on human rights. Attempts to send posts...

AP Photos: Editor selections from the past week in Asia

Jun. 22, 2018 12:35 AM EDT

Muslims in Indonesia and India joined those around the world marking the Eid al-Fitr holiday that caps the fasting month of Ramadan. In other images from the Asia-Pacific region this week, North Korean leader Kim Jong Un and Chinese President Xi Jinping met for their third summit in recent months. The pomp and...

Asian stocks down as multiple trade disputes worry investors

Jun. 22, 2018 12:15 AM EDT

SEOUL, South Korea (AP) — Asian stocks fell Friday following Wall Street losses overnight as investors were still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs. KEEPING SCORE: Japan's Nikkei 225 lost 0.9 percent to...

Feds: Man smuggled anti-submarine warfare devices to China

Jun. 21, 2018 7:34 PM EDT

BOSTON (AP) — Authorities say a Chinese national has been charged with conspiring with a Chinese military research institute to illegally export U.S. goods used in anti-submarine warfare to China. Federal prosecutors say 41-year-old Shuren Qin, who lives in Wellesley, Massachusetts, was arrested Thursday....

How major US stock indexes fared Thursday

Jun. 21, 2018 4:49 PM EDT

Car makers, technology and industrial companies fell Thursday as investors focused on the U.S.-China trade dispute, which could reduce company spending and earnings. The Dow Jones Industrial Average slipped for the eighth day in a row. On Thursday: The S&P 500 index retreated 17.56 points, or 0.6 percent, to...