Latest China News

The Latest: Trump attacks Powell Fed after chairman's speech

Aug. 23, 2019 11:01 AM EDT

WASHINGTON (AP) — The Latest on the gathering of central bankers in Jackson Hole, Wyoming (all times local): 11 a.m. Reacting to Federal Reserve Chairman Jerome Powell's speech in Jackson Hole, Wyoming, President Donald Trump, who has relentlessly attacked Powell and the Fed for its rate policies, kept up...

China announces tariff hike on $75 billion of US products

Aug. 23, 2019 10:44 AM EDT

BEIJING (AP) — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump's latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession. China also will increase import duties...

Stocks edge lower as traders weigh Fed chief remarks

Aug. 23, 2019 10:30 AM EDT

Stocks edged lower in early trading on Wall Street Friday after Federal Reserve Chairman Jerome Powell gave no clear signal on additional interest rate cuts. Stocks recovered some of their losses from an early slide caused by the latest escalation in the trade war between the U.S. and China. Speaking at a Fed...

Hong Kong protesters form human chains to call for democracy

Aug. 23, 2019 10:14 AM EDT

HONG KONG (AP) — Supporters of Hong Kong's pro-democracy movement lined city streets and part of the city's harbor front Friday, inspired by a human chain in a historic Baltic states protest against Soviet control 30 years ago. Some raised linked hands while others switched on their smartphone lights and...

The Latest: China strikes back, $75B in tariffs on US goods

Aug. 23, 2019 10:10 AM EDT

WASHINGTON (AP) — The Latest on the escalating trade war between the U.S. and China, the world's two largest economies (all times local): 10:10 a.m. China is putting into place tariffs on $75 billion in U.S. products in retaliation for the Trump administration's latest planned tariff hikes. China said...

Markets Right Now: Trade war escalation sends stocks lower

Aug. 23, 2019 9:44 AM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): ___ 9:35 a.m. Stocks are opening lower on Wall Street as traders react to the latest escalation of the trade war between the U.S. and China. China on Friday said it would retaliate against the latest round of tariffs imposed...

The Latest: Baltic protest inspires Hong Kong human chain

Aug. 23, 2019 8:31 AM EDT

HONG KONG (AP) — The Latest on Hong Kong (all times local): 8:15 p.m. Supporters of Hong Kong's pro-democracy movement are linking hands across the semi-autonomous Chinese territory, inspired by a historic protest 30 years ago in the Baltic states when nearly 2 million people formed a human chain to...

China announces tariff hike on $75 billion of US goods in retaliation for Trump's Sept. 1 increase

Aug. 23, 2019 8:25 AM EDT
BEIJING (AP) — China announces tariff hike on $75 billion of US goods in retaliation for Trump's Sept. 1 increase.

Global stocks higher ahead of US Fed chairman's speech

Aug. 23, 2019 7:42 AM EDT

BEIJING (AP) — Global stock markets rose Friday ahead of a closely watched speech by the U.S. Federal Reserve chairman at a gathering of global central bankers in Jackson Hole, Wyoming. Market benchmarks in London, Frankfurt, Shanghai and Tokyo all advanced. Investors are looking to Jerome Powell's speech...

China criticizes Australian move to close language schools

Aug. 23, 2019 6:25 AM EDT

BEIJING (AP) — China on Friday criticized a decision by the government of Australia's New South Wales state to close Chinese-sponsored language programs in more than a dozen public schools over political concerns. Foreign ministry spokesman Geng Shuang said the 13 Confucius Institute programs operating in...