Forced to take self-defense countermeasures in response to the trade war ignited by the United States on Friday, China is confident to confront the challenge, and the U.S.-initiated friction will eventually backfire to harm its own markets, in addition to hurting the global economy, officials and analysts said.
Trade disputes with the United States will not hamper China's ongoing move to become an advanced manufacturing power with intensified research and development efforts and international cooperation, experts said on Friday.
Chinese mainland stocks rose on Friday as investors had expected the Trump administration's 25 percent tariffs on $34 billion of Chinese imports to take effect.
China lodged an additional complaint with the World Trade Organization Friday over tariffs formally implemented by the United States based on a trade investigation against China under Section 301, the Ministry of Commerce said in an online statement.
The United States, despite global opposition, has launched the largest trade war in economic history by imposing additional tariffs at its largest trading partner, China, Friday.
The trade war involving 50 billion U.S. dollars between China and the United States will have limited impact on the Chinese economy, central bank economist Ma Jun said on Friday.
China has already imposed counter tariffs on some import products from the United States immediately after new US tariffs took effect at 12 pm Friday, the country's customs authority said.
China's central bank suspended open market operations on Friday as liquidity remained ample following the reserve requirement ratio (RRR) cut for some commercial banks.
American businesses and farmers are bracing for impact. Washington will fire the first volley in a trade conflict with Beijing at 12:01 Eastern Standard Time on Friday. Washington’s tariffs apply to more than 800 Chinese product lines, mainly chemicals, heavy construction vehicles, and components for manufacturing equipment.
China has made steady progress in deleveraging and the country's leverage ratio will gradually be lowered, the Economic Daily has reported.
Trade tensions between the US and China are mounting as Washington’s deadline for imposing tariffs on Chinese imports is this Friday. It seems that the friction has not spilled over into high tech collaborations between the two sides.
Airbus and China's nanoscience research institution on Thursday announced the joint establishment of a lab to explore the engineering application of nanoscience in the aeronautic industry.
The trade war will not affect China's own reforms and opening up, and that the country is confident going forward, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said during an interview with the Financial Times.
China is capable of maintaining steady economic growth and high-quality development despite uncertainty in the global economy, a senior Chinese official said.
The United States is hurting itself as well as the world by imposing additional tariffs, China's Ministry of Commerce (MOC) said Thursday.
A new study of 10 major Chinese cities has found that sales of secondhand homes fell 20 percent in the first half of the year, with Xinhua describing the decline as a trend brought about by recent policy moves, which would be difficult to reverse.
The Ministry of Finance (MOF) on Thursday issued yuan-denominated treasury bonds worth 5 billion yuan (about 754 million U.S. dollars) in Hong Kong.
China's service trade maintained robust growth in the first five months of this year as the government has channeled more energy into opening the service sector.
A campaign to curate stories of multinational companies in Shanghai was launched on July 5 under the auspices of the Information Office of Shanghai Municipality and the Shanghai Municipal Commission of Commerce.
China plans to ban new manufacturers of fossil-fueled vehicles and encourage existing automakers to increase investment in the development of new energy vehicles, according to a draft regulation on auto investment by National Development and Reform Commission.
"The U.S. is where the Action is!" U.S. President Donald Trump tweeted on Tuesday when he again criticized motorcycle maker Harley-Davidson for shifting some production overseas because of retaliatory European Union tariffs against U.S. products.
Chinese home appliance maker TCL Corp said it will speed up its expansion in Russia, eyeing the huge potential from the world's largest country by land area as it hosts the 2018 FIFA World Cup.
Although China's soccer team is missing from the ongoing 2018 FIFA World Cup, the country's crawfish are representing it on the global stage during the tournament.
Most people might know that Chinese companies are advertising their brands at the ongoing FIFA World Cup, but few know some are also building the stadiums themselves.
U.S. chipmaker Micron Technology Inc is caught in legal trouble in China, after a court issued a preliminary injunction, temporarily stopping it from selling parts of its products amid patent disputes.
Baidu, one of China’s major tech giants, kicked off its annual Artificial Intelligence (AI) Developer Conference at the National Convention Center in Beijing. Here are some big announcements from today’s conference.
Chinese firms have started to accumulate better tax records, an official said Wednesday.
Chinese tech giant Baidu announced that its newly developed self-driving bus would begin mass production as the 100th bus came off the production line Wednesday in southeast China's Fujian Province.
Beijing has earmarked 33 road sections with a total length of 105 kilometers for testing autonomous cars－the longest among all Chinese cities, as companies are competing to mass produce the technology.
China will not implement additional tariffs ahead of the United States' tariff move, an official of the Customs Tariff Commission of the State Council said Wednesday.