Trump


Trump’s ‘decoupling’ continues as NYSE delists China’s state oil company 

Trump’s ‘decoupling’ continues as NYSE delists China’s state oil company 

[ATF] China’s state-owned oil giant, China National Offshore Oil Corp (CNOOC) became the latest Chinese company to be pushed out of the New York Stock Exchange (NYSE), following an executive order signed by former US president Donald Trump.The outgoing president rubber-stamped the order in November soon after losing the election …

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US policies put Chinese drone maker's operations in a spin 

US policies put Chinese drone maker's operations in a spin

(ATF) The North American operations of Chinese drone giant DJI Technology have been hit by staff cuts and resignations, upending what was one of the company's most successful divisions, according to a March 8 report.Washington's trade curbs on high-profile Chinese companies such as DJI have created problems for the company …

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Covid vaccines: Dr Ngozi's first big test as new WTO head

Covid vaccines: Dr Ngozi's first big test as new WTO head

(ATF) The first woman and first African to lead the global trade body says "the WTO is too important to allow it to be slowed down, paralysed and moribund".Ngozi Okonjo-Iweala, 66, is a Harvard-educated development economist who spent 25 years at the World Bank, where she oversaw a portfolio of …

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Biden ‘just as confrontational as Trump’ claims China state media 

Biden ‘just as confrontational as Trump’ claims China state media 

China state media has accused new US President Joe Biden of adopting the same ‘confrontational approach’ of his predecessor and said there’s little optimism for any improvement in Sino-American relations.Although Biden’s hand of friendship on issues like climate change had been welcomed, his remarks on trade and Taiwan echoed those …

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US sticking to Trump’s China trade playbook for now 

US sticking to Trump’s China trade playbook for now 

The new US administration will not be ripping up Donald Trump’s China tariffs list just yet and will instead play a waiting game.Treasury Secretary Janet Yellen said this week the tariffs imposed by Joe Biden’s predecessor would remain in place for the foreseeable future until a comprehensive review had taken …

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G7’s first post-Trump meet a chance for US to build bridges 

G7’s first post-Trump meet a chance for US to build bridges 

Finance ministers and central bankers from the world’s Group of Seven richest nations met virtually on Friday to discuss pandemic fallout, climate change and digital taxation, with the new US administration pledging to rebuild bridges with its allies. Britain's finance minister, Rishi Sunak, who will co-chair the talks, wants the …

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Biden delay on China military-linked firms leaves US investors in limbo

Biden delay on China military-linked firms leaves US investors in limbo

(ATF) The US administration’s delay of some restrictions on investments in companies linked to the Chinese military has left American investors in limbo.In the final weeks of Donald Trump's presidency, US-China relations plumbed new lows, with his executive order banning investments in companies his administration said were linked to Chinese …

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Yellen confirmed as US Treasury head but faces massive challenges

Yellen confirmed as US Treasury head but faces massive challenges

(ATF) US President Joe Biden's pick for Treasury Secretary, Janet Yellen, won overwhelming Senate confirmation on January 25 and she is set to become the first woman to hold the prestigious job.She will face huge challenges from day one, having to work with Congress on passing the coronavirus pandemic relief …

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Huawei founder praises US tech in first words since Biden took over 

Huawei founder praises US tech in first words since Biden took over 

The United States remains a "beacon of technology" to be emulated and Huawei Technology should consider cutting products in the wake of US actions against it, the Chinese firm's founder Ren Zhengfei has said.Ren's comments, in a letter to staff last year, were shared for the first time on a …

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Biden slams China's move to put sanctions on ex-Trump officials

Biden slams China's move to put sanctions on ex-Trump officials

(ATF) The new US administration called China's move to sanction 28 former Trump administration officials just as Joe Biden was sworn in “unproductive and cynical”. Beijing’s Foreign ministry announced on January 20 it had imposed sanctions against the “lying and cheating" outgoing Secretary of State, Mike Pompeo, and other former …

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