-
China reports 5.4% GDP growth in the first quarter
The World Trade Organization (WTO) has said that China is not yet ready to enter into a new trade treaty with the US. The WTO added that it is seeking an explanation from China for why the country has not entered into an agreement yet. China has already imposed tariffs on over $50 billion of…
-
China targets the U.S. because of Trump’s tariffs
China’s State Council said that the proposed tariffs on Canada, Mexico and China will disrupt normal economic and trade cooperation between the countries. The Chinese finance ministry said that the World Trade Organization rules have been broken and that the tariffs will disrupt normal economic and trade cooperation between China and the US.
-
The US and UK do not allow China’s Alibaba to buy Arm chips.
The US on Monday told the World Trade Organization (WTO) that a ban on the export of chips to China was not “a WTO dispute”. However, the US added that it would “take immediate and appropriate action” against countries that did not comply with its new chip export controls. Earlier, the US had banned Chinese…