Page 5 - Us China

Fragmentation of global trade leads to sub-optimal outcomes

The tensions near Taiwan go up at a time when the relations between Russia and the US and its allies are at rock bottom

Post Taiwan attack, US accuses China of 'provocative, irresponsible' action

The US has accused Beijing of "provocative" and "irresponsible" actions after Taiwan said China rehearsed an attack on the island

Prez Marcos meets Antony Blinken in Philippines amid US-China crisis

President Ferdinand Marcos Jr welcomed US Secretary of State Antony Blinken on Saturday, the highest ranking American official to visit the Philippines since he took office

US condemns China's 'irresponsible', 'provocative' military drill in Taiwan

United States has condemned China's "provocative" military drills around Taiwan and described it as an "irresponsible" action

China cannot isolate Taiwan, stop US officials from visiting: Pelosi

US House Speaker Nancy Pelosi said Friday that China will not isolate Taiwan by preventing US officials from travelling there

At odds with goal: US condemns China's military action in Taiwan

United States has condemned the Chinese military drills in Taiwan Strait and described it as an action that is at odds with the longstanding goal of maintaining peace and stability in the region

Balancing acts

Occurrences in Afghanistan and Taiwan demand vigilance

Rupee drops 17 paise to close at 79.3 against dollar amid US-China tensions

The rupee depreciated 17 paise to close at 79.32 (provisional) against the US dollar on Thursday, weighed down by disappointing macroeconomic data and US-China tensions. At the interbank foreign exchange market, the local currency opened at 79.21 and finally ended at 79.32, down 17 paise over its previous close. On Wednesday, the rupee had slumped by 62 paise to close at 79.15, marking its worst single-day fall in the current fiscal year. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.27 per cent to 106.22. Brent crude futures, the global oil benchmark, advanced 0.69 per cent to USD 97.45 per barrel. According to Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services, volatility for the rupee will remain high following increasing tensions between China and Taiwan. Moreover, traders may also remain cautious ahead of the RBI's monetary policy decision on Friday. "We expect the USD-INR (spot) to trade sideways

Taiwan cancels flights as China holds military drills upon Pelosi visit

Taiwan cancelled airline flights Thursday as the Chinese navy fired artillery near the island in retaliation for a top American lawmaker's visit

Taiwan tensions could spark 'open conflicts', ASEAN Ministers warn

The Southeast Asian Foreign Ministers expressed concern over Taiwan as China began the massive military drills around Taiwan and warned that the situation could spark "open conflicts".

Asian stocks shuffle higher as Pelosi presses on amid tension with China

Hong Kong tech shares led the attempted rebound with a gain of 2.8%, reeling in some of the losses suffered as Sino-US frictions flared over a visit to Taipei this week by Nancy Pelosi

China announces military drills following Pelosi's Taiwan visit: Report

Starting from Thursday, China has said that it will carry out five days of "necessary and just" military drills in the seas around Taiwan following US House Speaker Nancy Pelosi's trip to the island

Nancy Pelosi tells Taiwan US commitment to democracy is 'ironclad'

After a trip that drew China's wrath, a defiant Nancy Pelosi concluded her visit to Taiwan on Wednesday with a pledge that the American commitment to democracy remains ironclad.

Taiwan ignores threats from China, braces for Pelosi visit aftermath

America has trodden carefully in its relations with communist China, especially on the issue of Taiwan

Rupee tumbles as Nancy Pelosi's Taiwan visit sparks US-China tension

A fresh record high monthly trade deficit in July also weighed on sentiment in the domestic currency market, traders said

US plans curbs on export of semiconductor equipment to China producers

The curbs would stop chipmakers like South Korean giants Samsung Electronics and SK Hynix from shipping new technology tools to factories they operate in China

Nancy Pelosi departs Taiwan after visit that fuelled US-China rift

US House Speaker Nancy Pelosi departed Taiwan on Wednesday after meeting with the president and other officials in a visit that heightened tensions with China. Pelosi and five other members of Congress were headed to South Korea, the next stop on an Asia tour that also includes Singapore, Malaysia and Japan. In Taiwan, she said her delegation was showing their commitment to the self-governing island that China claims and says must come under its control. China staged military drills after her arrival and called her visit a provocation that infringes on its sovereignty.

China to punish outfits promoting Taiwan independence, bans food imports

Furious over US House Speaker Nancy Pelosi's visit to Taipei, China announced punitive measures on outfits seeking "Taiwan independence" and banned imports of some Taiwanese food products

Pelosi meets Taiwan's President, says US will always support Taipei

US House Speaker Nancy Pelosi met with Taiwan's President, Tsai Ing-wen and reiterated Washington's support to the island country

'We come in peace': Nancy Pelosi in Taiwan as Chinese jets enter Taipei

US House Speaker Nancy Pelosi on Wednesday said that she came to Taiwan as she seeks "peace for the region" after her visit irked China and started its diplomatic games