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U.S., China trade officials shake hands to strengthen cooperation

BEIJING (Business) – Top U.S. and Chinese trade representatives discussed their Phase 1 trade deal on Friday with China saying they agreed to improve the atmosphere for its implementation and the United States saying both sides expected obligations to be met. The discussion in a telephone call comes amid escalating tension between the countries, exacerbated […]
USA

U.S. rearms to nullify China’s missile supremacy

HONG KONG (U.S) – As Washington and Beijing trade barbs over the coronavirus pandemic, a longer-term struggle between the two Pacific powers is at a turning point, as the United States rolls out new weapons and strategy in a bid to close a wide missile gap with China. The United States has largely stood by […]
USA

U.S. stock bounce stokes doubts, provokes bears

NEW YORK (U.S.) – Investors are treating the U.S. equity market’s blistering rally with a dose of caution, socking away cash, staying on the sidelines or buying insurance against a reversal even as markets scream higher in the midst of the coronavirus pandemic. Fund managers and corporations have deployed over $1.1 trillion into money markets […]