China philippines dispute over south china sea

Email Posted August 14, 2019 19:44:35 Photo: Swarovski apologised after it listed Hong Kong as a separate country on its website. (AFP: Shan he) Related Story: Fashion label Versace apologises to China after identifying Hong Kong and Macau as countries Related Story: Chinese troops heading towards Hong Kong border, Trump says, citing US intelligence Related Story: China bans Cathay Pacific staff involved in Hong Kong protests Map: China A slew of international brands that had labelled Hong Kong as a separate country from the mainland have apologised to China following a backlash from Chinese celebrities and consumers. Key points:International retailers have apologised to China over referring to Hong Kong and Taiwan as independent countriesA number of high-profile Chinese celebrity ambassadors have severed ties with the brandsThe blunders come at a time of heightened tensions between China and Hong Kong Austrian jewellery company Swarovski was the latest luxury label to … [Read more...] about From Samsung to Swarovski, big brands face backlash in China

By Bloomberg News China and the U.S. have reached consensus on many “crucial” issues including a commitment to observe market-oriented exchange rate mechanisms, People’s Bank of China Governor Yi Gang said. The two sides agree to abide by previous commitments made by Group of 20 nations including to not engage in competitive depreciation, Yi said during a press conference in Beijing Sunday during the annual National People’s Congress. The governments will respect the autonomy of each other’s monetary-policy, he added. The issue of currency manipulation has become part of the ongoing talks to solve their trade confrontation, with the U.S. pushing for a pledge by China to not devalue its currency as a way to gain competitiveness or offset the effect of tariffs. China has said that any deal to end the trade spat should be “ two way, fair and equal.” The PBOC has “basically exited” daily intervention in the foreign exchange market, … [Read more...] about US, China to observe market forces on currencies: PBOC

Sign up for Next China, a weekly email on where the nation stands now and where it’s going next.Alphabet Inc.’s Google is moving some production of Nest thermostats and server hardware out of China, avoiding punitive U.S. tariffs and an increasingly hostile government in Beijing, according to people familiar with the matter.Google has already shifted much of its production of U.S.-bound motherboards to Taiwan, averting a 25% tariff, said the people, asking not to be identified discussing internal matters. While U.S. officials have pinpointed Chinese-made motherboards as a security risk, Google didn’t bring that up during discussions with its suppliers, they said. Tariffs have also pushed American-bound production of its Nest devices to Taiwan and Malaysia, the people said.The migration is taking place as companies both foreign and domestic seek to pivot their production away from China amid U.S. President Donald Trump’s efforts to reset the perimeters for global … [Read more...] about Google is shifting more hardware production out of China

        The United States said Tuesday it would curb visas for Chinese officials until Beijing ends its “repression” of Uighurs and other Muslims in the western region of Xinjiang, a day after imposing commercial restrictions.The one-two punch by President Donald Trump’s administration marks the most forceful attempt by a foreign power to address what some rights groups call a historic crisis in Xinjiang, and comes amid a range of feuds between the United States and China.“China has forcibly detained over one million Muslims in a brutal, systematic campaign to erase religion and culture in Xinjiang,” Secretary of State Mike Pompeo wrote on Twitter.“China must end its draconian surveillance and repression, release all those arbitrarily detained and cease its coercion of Chinese Muslims abroad,” he said.In an accompanying statement, Pompeo said that the State Department would restrict visas granted to government and … [Read more...] about China opposes US ‘interference’ after visa curbs over ‘repression’ of Muslims

Kontogeorgos Alexandros believes his dream of changing people's lives with technology will eventually come true in China. "My Chinese dream is to develop myself alongside China's development and expand Chinese culture throughout the world with my efforts," said the 32-year-old from Greece who now works for the Wuhan branch of Xiaomi Corp. Alexandros came to China for the first time in 2005 as a reward from his father for being admitted to the National Technical University of Athens. "I have always been interested in the time-honored Chinese history. My father fulfilled my wish to visit China," Alexandros said. … [Read more...] about Greek realizing his technology dream in China