China balks at US tire pressure, but 2 economies need each other; wider trade war unlikelyWASHINGTON — China’s complaint Monday over new U.S. tariffs on Chinese tires raised pressure on Washington but isn’t likely to incite a full-blown trade war. Each side knows its economy has too much to lose. A look at economic developments and activity in major stock markets around the worldA look at economic developments and activity in major stock markets around the world Tuesday: China’s vice president set to take over military commission in sign he’ll be next leaderBEIJING — China’s communist elite opened an annual conclave Tuesday at which they are expected to appoint the vice president to a powerful military commission — a move that would cement his status as heir to the presidency of the world’s most populous nation. Gay Chinese resist police sweep at popular park hangout in what some say is a milestoneGUANGZHOU, China — When the police descend on People’s Park and shoo away the gay men gathered there, the men usually scatter to avoid trouble. But recently, about 50 or so confronted five officers who began a sweep and finally forced a police retreat after a heated but nonviolent standoff. World stocks drop as investors worry about potential impact of US-China trade disputeLONDON — European stocks closed flat Monday with investor worries about a trade dispute between the U.S. and China holding markets back. Asian stocks fell. Report: Beijing files WTO case over Washington’s tire tariffs in latest trade disputeBEIJING — As Beijing launched a case Monday against new U.S. tariffs on Chinese tires, President Barack Obama defended the duties, saying trading agreements must be enforced in order for trading systems to work. Beijing calls for talks with Washington in World Trade Organization over tire tariffsBEIJING — China accused Washington on Monday of violating World Trade Organization rules by raising tariffs on Chinese tires and demanded talks in the WTO on the latest and most acrimonious in a string of trade disputes. China starts work on Hainan launch center highlighting satellite, space exploration ambitionsBEIJING — China broke ground on its fourth space center Monday, highlighting the country’s soaring space ambitions six years after it sent its first man into orbit. Indian detention of UAE plane a case of spying, says Chinese expertBEIJING - A Chinese military expert Dai Xu has accused India of “spying” on Chinese military, saying that India violated diplomatic rights by inspecting a China-bound cargo plane of UAE’s Air Force, which was detained by the Indian Security agencies in Kolkata after it was found carrying huge cache of arms and ammunition on board. China puts on military parade to show off new capabilitiesBEIJING — China’s biggest military parade in a decade will show off an army bristling with formidable new capabilities and deliver a potent message to the U.S. and others not to underestimate Beijing’s determination to defend its interests at home and abroad. Coca-Cola says Chinese ex-employee detained by police in what reports call bribery probeBEIJING — A former employee of a Coca-Cola Co. bottling plant in China has been detained by police, a company official said Sunday, amid news reports that the person was being investigated for allegedly accepting bribes of almost $1.5 million. Hundreds of Hong Kong journalists protest beatings of reporters in China, demand probeHONG KONG — Hundreds of Hong Kong journalists, lawmakers and residents marched Sunday to protest the alleged police beatings of three reporters covering recent unrest in western China, and demanded a government investigation. China jails gangsters in southwest for extortion, rioting over teenage girl’s deathBEIJING — China sentenced 23 members of a gang to jail for up to 20 years for crimes including the involvement in rioting last year over police handling of a teenage girl’s death, a court said Sunday. US says trade penalties on Chinese fair, Beijing says could sour ties between nationsWASHINGTON — President Barack Obama’s decision to impose trade penalties on Chinese tires has infuriated Beijing at a time when the U.S. badly needs Chinese help on climate change, nuclear standoffs with Iran and North Korea and the global economy. New US trade penalties on Chinese tires infuriates Beijing, could sour ties between nationsWASHINGTON — President Barack Obama’s decision to impose trade penalties on Chinese tires has infuriated Beijing at a time when the U.S. badly needs Chinese help on climate change, nuclear standoffs with Iran and North Korea and the global economy. Obama imposes tariffs on Chinese tires; Beijing calls move ‘protectionism’WASHINGTON — President Barack Obama has imposed new punitive tariffs on all car and light truck tires coming into the U.S. from China, a move Beijing condemned Saturday as protectionism and a violation of the guidelines of global trade. China sentences 3 to prison in 1st trials over needle attacks in Xinjiang regionBEIJING — A court in western China’s Xinjiang region sentenced three people to up to 15 years in prison Saturday in the first trials over a series of mysterious syringe attacks that led to mass protests against the local government. China sentences 3 people to prison for syringe attacks in restive XinjiangBEIJING — A court in western China’s Xinjiang region sentenced three people to up to 15 years in prison Saturday for a series of mysterious syringe attacks that led to mass protests against the local government. Obama decides to impose tariffs on Chinese tire imports for 3 yearsWASHINGTON — President Barack Obama on Friday slapped punitive tariffs on all car and light truck tires entering the United States from China in a decision that could anger the strategically important Asian powerhouse but placate union supporters important to his health care push at home. US prepared to meet with NKorea to push for resumption of nuclear talksWASHINGTON — The United States said Friday it was prepared to accept North Korea’s offer for direct talks in an effort to persuade the North to return to stalled international nuclear disarmament negotiations. Taiwan court convicts former President Chen Shui-bian of graft, imposes life sentenceTAIPEI, Taiwan — A Taiwan court sentenced former President Chen Shui-bian to life in prison after convicting him on graft charges Friday, a spectacular fall from grace for a man who rode to power on promises to end decades of corruption and deepen the island’s de facto independence. Taiwan court convicts former President Chen Shui-bian for graft, imposes life sentenceTAIPEI, Taiwan — A Taiwan court imposed a life sentence on former President Chen Shui-bian after convicting him of corruption Friday, marking a watershed in the island’s turbulent political history. Taiwan court convicts former President Chen Shui-bian on graft charges, imposes life sentenceTAIPEI, Taiwan — A Taiwan court imposed a life sentence on former President Chen Shui-bian after convicting him of corruption Friday, marking a watershed in the island’s turbulent political history. Obama faces balancing act among politics, diplomacy and labor on China tire duty caseWASHINGTON — President Barack Obama faces a tough choice as he nears a deadline on whether to slap tariffs on a flood of Chinese tires entering the United States: Imposing duties could antagonize strategically important China; not doing so would anger Obama’s union allies. China’s industrial output up 12.3 percent in AugustBEIJING - China’s industrial output accelerated 12.3 percent in August from a year earlier, after gaining 10.8 percent in July, the National Bureau of Statistics said Friday. Rash of new needle attacks reported in 3 Chinese cities; 9 more suspects arrestedBEIJING — Mystery needle attacks appeared to spread in China’s far western region as authorities arrested nine new suspects in three cities, officials said Friday. China’s exports, trade surplus weaken in August, despite signs of recovering demandSHANGHAI — China’s exports languished in August, contracting 23 percent, increasing the onus on Beijing’s massive stimulus spending to drive an economic recovery. China’s industrial output, investment, retail sales higher, as stimulus spending fuels demandSHANGHAI — China’s recovery gained momentum in August as stimulus spending helped boost industrial output, investment and retail sales in the world’s third-largest economy, offsetting a slump in exports. Study says wind could meet half of China power needs by 2030, cutting emissions by 30 percentBEIJING — China could cut its emissions by 30 percent in the next two decades if it switches to wind power to meet about half of its electricity demands, a U.S. study published Thursday said. Death toll from mine accidents in China hits 56; 36 still trapped and feared deadBEIJING — More than 20 officials and mine managers have been fired, suspended or arrested after accidents in two mines in a central Chinese province left 56 dead and another 36 missing with little hope of survival. |
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