Sources confirm that China has committed to making large scale purchases of US$200 billion of American goods as part of the phase one trade deal Purchase target for manufactured goods of around US$75 billion, with China also committing to buy huge amounts of energy, agriculture and services

Vice-Premier Hu Chunhua will head the State Council Employment Work Leading Group to ‘enhance leadership and coordination of work related to employment’ Sony Mobile, Cisco Systems and Oracle have all laid-off staff or closed factories in recent months, raising questions over Beijing’s official unemployment figures China’s increasing concern over unemployment due to the continuing escalation of the trade war with the United States and in the wake of recent high-profile lay-offs by the likes of...

Damage caused by Washington’s moves ‘very limited’, Communist Party chief of People’s Bank of China Guo Shuqing says Allegations Beijing engages in forced technology transfers ‘groundless’, he says The United States’ efforts to escalate the trade war will do only limited damage to the Chinese economy and nothing to help resolve the issue, the Communist Party chief of the People’s Bank of China said on Saturday. In a written speech delivered by a deputy at the Tsinghua PBCSF Global Finance...

Yi Huiman, the chairman of the China Securities Regulatory Commission, attempts to ease fears after latest tariffs escalation by US President Donald Trump Benchmark Shanghai composite stock index lost nearly 6 per cent in May China’s stock market has already absorbed the shocks from the escalation of the trade war with the United States and any future risks are “controllable”, according to China’s securities market watchdog chief, in an attempt to calm nerves as the tensions between Beijing...

Island province of Hainan reports first cases of the highly contagious disease Prices surge as the virus, which is deadly to pigs, causes supply disruption African swine fever, which is deadly to pigs but not harmful to humans, has now spread to all Chinese mainland provinces since the first case was confirmed in August, posing a serious threat to the hog industry and raising concerns about consumer inflation. The Ministry of Agriculture and Rural Affairs on Sunday said 146 pigs had died from...