Tag: China

US China tariffs ‘inconsistent’ with trade rules says WTO

Image copyright Getty Images The World Trade Organization has ruled that tariffs the US imposed on Chinese goods in 2018, triggering a trade war, were “inconsistent” with international trade rules. The WTO said the US did not provide evidence that its claims of China’s unfair technology theft and state aid justified the border taxes. Chinese officials welcomed the ruling. But… Read more →

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India start-ups flounder as tensions with China rise

By Nikhil InamdarBBC Business Correspondent, Mumbai image copyrightGetty Images image captionChinese companies have invested Indian start ups like Zomato Indian start-ups, still reeling from the effects of a global pandemic, are now faced with a fresh challenge: the ongoing military standoff between Delhi and Beijing. India has been on an economic offensive since June, when a border clash in the… Read more →

Hong Kong: China vows to retaliate after Trump ends special economic status

Media playback is unsupported on your device Media caption“Their freedom has been taken away” China has vowed to retaliate after the US ended Hong Kong’s preferential trade status and imposed sanctions on officials who crack down on rights. President Donald Trump said he was acting because China had taken away Hong Kong’s freedom after it imposed a new security law.… Read more →

Coronavirus: China to launch new airline despite travel downturn

Image copyright Getty Images China’s second-biggest airline is to launch a new carrier despite a severe global downturn in passengers caused by the coronavirus pandemic. China Eastern has joined forces with a range of partners including China’s biggest online travel agency Trip.com. The new airline will be focused on the island destination of Hainan, home to eight million and a… Read more →