China welcomes USA invite for trade talks, Asian markets relieved

13 Septembre, 2018, 21:53 | Auteur: Auguste Feret
  • The hope is that Thailand can reap the windfall from relocation of China-based multinationals- but all Asean economies hope for the same gains

"We are under no pressure to make a deal with China, they are under pressure to make a deal with us", he wrote on Twitter, in response to a Wall Street Journal article that cited "a steady rise in political pressure" to ease up on trade fights.

US President Donald Trump said on Thursday that the United States was under no pressure to make a trade deal with China, even as Chinese officials welcomed an invitation from Washington for a new round of talks with more US tariffs looming.

His first round of tariffs this summer hit US$50 billion in Chinese products like high-end technology parts and manufactured goods, while Beijing fired back dollar-for-dollar at USA soybeans, autos and other farm goods.

Asked if the Trump administration would like to have additional trade talks with China, Kudlow said: "If they come to the table in a serious way to generate some positive results, yes of course".

"This survey affirms our concerns: tariffs are already negatively impacting US companies and the imposition of a proposed $200-billion tranche will bring a lot more pain", said Eric Zheng, chairman of AmCham Shanghai.

After imposing tariffs on $50 billion worth of Chinese imports, Trump has threatened to do the same on $200 billion of additional imports.

The Trump administration had invited Chinese officials to restart trade talks, the White House's top economic adviser said on Wednesday, news that gave a lift to Asian stocks, including Chinese shares and the yuan currency.

The European Union Chamber of Commerce in China released its own survey on Thursday saying the tariffs were causing "significant disruptions" to global supply chains and "seriously impacting" non-Chinese and non-American companies.

NY overtakes London as world's top financial center in new survey
Most major United States, British and Japanese banks said they would build up operations in Frankfurt, Paris or Dublin. London's ranking fell by eight points from six months ago, the biggest decline among the top contenders.

The First BALLAD OF BUSTER SCRUGGS Trailer Just Moseyed Into Town
The brothers are returning to the genre, albeit with an anthology twist, for the upcoming " The Ballad of Buster Scruggs ". The Ballad of Buster Scruggs launches in select theaters and on Netflix on November 16.

Google tue discrètement Inbox — Mail
Il s'avère aujourd'hui que Inbox by Gmail n'est définitivement pas le remplaçant de Gmail, contrairement a ce qui pouvait être présagé à ses débuts.

The last talks, between mid-level United States and Chinese officials on 22 and 23 August, failed to reach any agreement.

The move comes just as Bloomberg reports the White House is proposing a new round of trade talks with China, after the previous four attempts faltered.

Such a meeting could take place in Washington or Beijing, though the timing is unclear, according to informed sources.

The survey released Thursday by the European Union Chamber of Commerce in China polled almost 200 European firms doing business in China and found 17% are delaying investment or expansion plans.

In response, China has vowed to retaliate with tariffs on another $60 billion of USA exports, including meat, coffee, furniture and auto parts.

On Wednesday, more than 60 USA industry groups launched a coalition - Americans for Free Trade - to take the fight against the tariffs public.

Scott Kennedy, deputy director of China studies at the Center for Strategic and International Studies in Washington, said he suspected the invitation to talks would be viewed skeptically in Beijing. "China must hold the expectation that it is probably not the time when both sides can reach an agreement".

Conseillé:



Populaire

Le plus vieux dessin du monde découvert par une chercheuse toulousaine
Longtemps, les archéologues ont pensé que les premiers gribouillages des artistes du Paléolithique dataient d'il y a 36.000 ans. De manière générale, l'art fait aujourd'hui partie de nos vies comme quelque chose allant de soi.

Evacuations in U.S. ahead of Hurricane Florence
Services and flights have been suspended on Thursday and Friday at Wilmington International Airport on North Carolina's coast. Our job today is to get any kind of clues about where the storms is going - the fine tuning just before landfall.

Un geste chirurgical audacieux sauve un bébé de la mort — Toulouse
Au CHU de Toulouse , il est suivi par le Dr Fabio Cuttone , chirurgien cardiopédiatre de l'hôpital des Enfants. Mais nous avons privilégié le bénéfice patient à long terme et redonner à l'enfant un cœur sans anomalie.

Ajax Director Overmars Rules Out Inter Target de Jong Leaving In January
At Barcelona they want De Jong to add to the midfield, he has similar qualities to Busquets but is better at arriving in the box. De Jong began his career with Willem II Tilburg in 2015, making his debut against FC Den Haag in May of that year.

West Virginia Bishop Resigns, Pope Orders Probe of Harassment Claims
Moving priests who have been accused of child sex abuse is widely seen as a way to help them avoid facing any consequences. McCarrick is accused of molesting an altar boy and having seminary students sleep in his bed with him.

Apple ne fournira plus d'adaptateur mini-jack avec ses iPhone
L'iPhone Xs Max a quant à lui un grand écran de 6,5 pouces (16,5 cm) et dispose des mêmes fonctionnalités que son petit frère. Les nouveaux iPhone XS et XS Max sont aussi dotés d'un système audio stéréo qui diffuse une image sonore plus vaste.

Pluto should be classified as a planet again, say scientists
The IAU told Fox News that it has not yet received a formal proposal to change its definition of a planet . However, a recent study concluded that the IAU's reasons to declassify Pluto were not valid.

Erdogan appoints himself chairman of Turkey’s sovereign wealth fund
It said: "Accordingly, the committee has chose to implement a strong monetary tightening to support price stability". The lira reacted strongly to the decision, rising by five per cent in value to 6.0 lira to the United States dollar.

New York's big Thursday gubernatorial primary pits Andrew Cuomo against Cynthia Nixon
Though she's always been an activist for her favored causes of education and same-sex marriage, running for office is new to her. Whoever wins that race would be heavily favored against Republican Keith Wofford in November.

On connait la date de lancement du Nintendo Switch Online en France
Notez que d'autres informations sur le online sur Switch seront par ailleurs distillées lors du Nintendo Direct de ce vendredi. Donc, Nintendo a décidé de reporter son Nintendo Direct a une date ultérieure.