China is urging North Korea and the U.S. to tamp down tensions between the two nations. A U.S. naval strike force is heading to the waters off the Korean peninsula in response to North Korea’s continued defiance of a nuclear testing ban. North Korea sees that as a provocation and warned that it is ready […]
President Trump is reversing his positions on some key economic issues, as a Wall Street Journal interview revealed: China (no longer calling it a currency manipulator); the Export-Import Bank (supports it); Federal Reserve Chair Janet Yellen (likes her, would like to see interest rates stay low), to name a few. What’s behind all this? Is […]
Chinese investment in the U.S. sometimes worries some lawmakers. The recent attempt by Chinese investors to purchase Westinghouse Electric’s bankrupt nuclear reactor unit is a case in point. One fear is that the Chinese could acquire sensitive technological secrets in the process. But also, the current high levels of Chinese investment could provide jobs, so […]
Regulators in China are slowing the pace of approving genetically modified crop varieties grown by U.S. producers. Those are crops engineered to resist things like bugs and weedkillers. China is the largest export market for genetically modified soybeans from the U.S, and folks with ties to U.S. agriculture are worried the slower pace of approvals […]
China’s President Xi Jinping will have talks with President Trump on Thursday at the Mar-a-Lago resort in Florida. Last week, Trump tweeted that the meeting would be “very difficult.” The U.S. has a $347 billion trade deficit with China. In the election campaign, Trump also threatened to label China a “currency manipulator,” a designation that could […]
