Chinese News

• Chinese chip giant SMIC to delist from NYSE following Huawei ban - CNET
  China's biggest chipmaker cites low trade volumes as its reason for taking itself off the US exchange.
  CNET.  Friday, 24 May 2019.
• Huawei gets double bad news from SD Association and Wi-Fi Alliance - CNET
  More trouble for the Chinese phone maker.
  CNET.  Friday, 24 May 2019.
• Acting Defense Secretary Shanahan to meet with Chinese counterpart next week amid trade tensions
  The meeting is expected to take place on the sidelines of the Shangri-La Dialogue defense summit in Singapore.
  CNBC.  Friday, 24 May 2019.
• A major Chinese chipmaker is delisting from NYSE but says it has nothing to do with the trade war
  One of the biggest Chinese chipmakers is delisting from the New York Stock Exchange.
  CNBC.  Friday, 24 May 2019.
• Chinese driver gets ticket for scratching his face
  A man was fined and given points on his licence after a smart traffic camera decided he was on the phone.
  BBC News.  Friday, 24 May 2019.
• China to support airlines seeking compensation from Boeing
  BEIJING (AP) - China's airline industry association has thrown its support behind 13 Chinese carriers seeking compensation from Boeing for groundings of the 737 Max 8. ...
  Washington Times.  Friday, 24 May 2019.
• The Latest: China tariffs to cost average US household $831
  The New York Federal Reserve estimates that the Trump administration's latest round of tariff hikes on Chinese goods will cost the typical U.S. household $831 a year.
  ABC News.  Thursday, 23 May 2019.
• Trump's latest China tariffs to cost typical U.S. family $831 a year
  Tally does not include president's threat to tax another $300 billion in Chinese consumer goods like clothing and shoes
  CBS News.  Thursday, 23 May 2019.
• Aid payments of up to $16 billion coming for farmers hit by Chinese tariffs
  Farmers and ranchers will begin to receive government aid payments totaling up to $16 billion in late July or early August to ease the impact of Chinese tariffs, the Agriculture Department announced Wednesday. ...
  Washington Times.  Thursday, 23 May 2019.
• Pompeo Accuses Huawei of Lying About Ties to Chinese Government
  U.S. Secretary of State Mike Pompeo has accused the head of Chinese telecommunications giant Huawei Technologies of lying about his company's relationship with the government in Beijing. ...
  Voice of America.  Thursday, 23 May 2019.
• Blog: Furniture Today launches global sourcing solutions initiative
  As Chinese-made furniture is about to become more expensive due to 25% tariffs, it makes sense for the industry to explore other opportunities, international or domestic. ...
  Furniture Today.  Thursday, 23 May 2019.
• Huawei: China warns of investment blow to UK over 5G ban
  A top Chinese diplomat tells the BBC there could be "substantial" repercussions if the UK bars Huawei.
  BBC News.  Thursday, 23 May 2019.
• IMF: US Companies Paying China Tariff Costs, Contrary to Trump View
  Companies in the U.S. are paying almost all the costs from Donald Trump's tariffs on Chinese imports, IMF researchers said in findings that dispute the president's assertions that China is footing the bill.
  Newsmax.  Thursday, 23 May 2019.
• Chinese man guilty of defrauding Apple out of 1,500 iPhones
  Chinese national in Oregon obtained almost 1,500 new iPhones from Apple in exchange for fake ones, and now faces prison and a fine after pleading guilty
  ABC News.  Wednesday, 22 May 2019.
• Want to Know How Trump's Trade War Ends? Look to the War of 1812
  President Donald Trump's escalating trade war against China has drawn plenty of historical parallels. The Chinese like to invoke the 19th-century Opium Wars and the national humiliation that followed. In the U.S. ...
  Newsmax.  Wednesday, 22 May 2019.

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