Beijing is stacking up its bargaining chips ahead of expected U.S.-China talks when Presidents Donald Trump and Xi Jinping visit Seoul this month, announcing new export controls to tighten its grip over high-tech manufacturing supply chains. The two superpowers look to be struggling to move beyond their current tariff truce – a 90-day pause from … Read more
U.S. Defense Secretary Lloyd Austin, second from left, and China’s Defense Minister Wei Fenghe, second from right, meet in Siem Reap, Cambodia, on November 22, 2022. | Photo Credit: AP U.S. Defense Secretary Lloyd Austin met his Chinese counterpart Wei Fenghe in Cambodia on Tuesday, with both sides describing the talks as productive without backing … Read more
SINGAPORE/LONDON: Oil prices edged lower on Monday as rising coronavirus cases and tensions between the United States and China pushed investors towards safe-haven assets. Brent crude dipped 20 cents, or 0.5%, to $43.14 a barrel by 1000 GMT, while U.S. West Texas Intermediate (WTI) crude dropped to $41.15 a barrel, down 14 cents, or 0.4%. … Read more