Media Report
- The New York Times reports, "Business is normally bustling at the sprawling Xinfandi produce market in southern Beijing, where stores, restaurants and thrifty shoppers buy their fruits and vegetables in bulk. But more apple sellers were napping than hustling one recent afternoon. The price of apples had nearly doubled, to roughly $1 per pound, and people were spending their money elsewhere. 'Whoever eats apples these days must be loaded,' said Li Tao, who has been selling apples for more than 20 years. Migrant workers used to be able to afford apples, he said. 'Now it's too expensive,' Mr. Li said. Already grappling with a slowing economy and President Trump's trade war, Beijing now has to worry about the rising price of food. It is not just apples. Other fruits and vegetables are more expensive. The price of pork has jumped as the country deals with a devastating swine fever epidemic. Chicken, beef and lamb prices have been creeping up, too."
- Reuters reports, "The sudden deterioration in trade talks between the United States and China last month has ratcheted up concerns among U.S. firms that the dispute could go beyond tariffs and affect business in the long-term. Business associations and consultants say they have been fielding a growing number of inquiries from companies about how best to navigate the trade dispute. They expect those calls to intensify after FedEx Corp over the weekend became embroiled in U.S.-China frictions and an ongoing spat over Chinese tech giant Huawei. Further rattling nerves are Beijing's plans to unveil an unprecedented hit-list of 'unreliable' foreign firms, groups and individuals that harm the interests of Chinese companies. China's commerce ministry announced the move on Friday without singling out any country or company."
Calendar
- 2019-06-03 China warns students about ‘risks’ of going to the U.S. in the latest twist to the trade war
- 2019-06-02 China Signals It Is Willing to Return to Trade Talks With US
- 2019-05-31 China says it will blacklist ‘unreliable’ companies and individuals in response to technology ban
- 2019-05-30 China Puts U.S. Soy Buying on Hold as Tariff War Escalates
- 2019-05-29 Huawei files motion to block U.S. ban, calling it an affront to global human rights
- 2019-05-28 The Trade War’s Next Front? China’s Access to Wall Street
- 2019-05-27 China Backs Yale Stance on Foreign Students, Rips US Actions
- 2019-05-26 China Warns Traders of 'Huge Loss' If They Short the Yuan
- 2019-05-24 China Commits to Trade Talks Amid ‘Groundless’ Huawei Suspicions
- 2019-05-23 Trump calls Huawei ‘dangerous’ but says dispute could be resolved in trade deal
News
- The New York Times A Slower Economy. A Trade War. Now, China Faces Rising Food Prices.
- Reuters U.S. firms fret as China's FedEx probe, planned hit-list heightens trade frictions
- CNBC China is ramping up its own chip industry amid a brewing tech war. That could hurt US firms
- Bloomberg China's Duck Lovers Help Brazil Farmers as Virus Kills Hogs
- CNBC It's not China or the US: Here are the trade war's winners — so far
- Bloomberg Merkel Says EU Antitrust Rules Are Naive About Threat of China
- CNN Global stocks sink after Beijing says it won't back down in trade war with US
- The Washington Post Jury expected next week in Chinese scholar's slaying trial
- CNN As US and China spar, the rest of Asia risks being stuck in the middle
- CNBC Tencent's biggest shareholder says Chinese tech has been a 'bloodbath' — but the future looks bright
- Bloomberg Yuan Watchers Say 7 Is No Longer a Sticking Point for China
- Bloomberg Digital Dissidents Are Fighting China's Censorship Machine
Commentary
- The New York Times The Death of Hong Kong as We Know It?
- Financial Times The looming 100-year US-China conflict
- The Washington Post What We Know About China's 'Unreliable Entities' Blacklist
- The Wall Street Journal How Many Years of Life You Lose Because of Air Pollution