China imposes sanctions on former U.S. Secretary of State Mike Pompeo, several others

With hours left in Donald Trump’s presidency, China’s foreign ministry took aim at its chief U.S. antagonist, “lying and cheating” Secretary of State Mike Pompeo, and said it would seek cooperation with the incoming administration of Joe Biden. Pompeo, who has unleashed a barrage of measures against China in his final weeks in office, delivered… Read More China imposes sanctions on former U.S. Secretary of State Mike Pompeo, several others

U.S. Secretary of State Mike Pompeo lifts restrictions on diplomatic relations with Taiwan officials

Secretary of State Mike Pompeo on Saturday said he was lifting restrictions on contacts between U.S. officials and their Taiwanese counterparts, a move likely to anger China and increase tensions between Beijing and Washington in the waning days of President Donald Trump’s presidency. China claims democratic and separately ruled Taiwan as its own territory, and… Read More U.S. Secretary of State Mike Pompeo lifts restrictions on diplomatic relations with Taiwan officials

New York Stock Exchange to proceed with delisting of three Chinese telecom companies in new reversal

The New York Stock Exchange said on Wednesday it will delist three Chinese telecom companies, confirming its latest reversal on the matter a day after U.S. Treasury Secretary Steve Mnuchin told the NYSE chief he disagreed with an earlier decision to reverse the delistings. The latest move, which is effective January 11, marks the third… Read More New York Stock Exchange to proceed with delisting of three Chinese telecom companies in new reversal

U.S. President Donald Trump signs executive order banning transactions with eight Chinese apps

U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group’s Alipay mobile payment app, the White House said, escalating tensions with Beijing two weeks before President-elect Joe Biden takes office. The move is aimed at curbing the threat to Americans posed by Chinese software applications,… Read More U.S. President Donald Trump signs executive order banning transactions with eight Chinese apps

U.S. slams fresh sanctions on Chinese and Iranian companies

The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of revenues as U.S. President Donald Trump’s term winds down. In a statement, the U.S. Treasury… Read More U.S. slams fresh sanctions on Chinese and Iranian companies

New York Stock Exchange reverts on delisting of three Chinese telecom companies

The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants that have been targeted by U.S. President Donald Trump’s outgoing administration, in a shock reversal of an announcement made only last week. The exchange said in a statement it had made the decision “in light of further consultation with… Read More New York Stock Exchange reverts on delisting of three Chinese telecom companies

New York Stock Exchange begins process of delisting three Chinese telecom companies

The New York Stock Exchange is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred U.S. investments in Chinese firms Washington says are owned or controlled by the military. The move here by the NYSE, which will limit U.S. investor access, follows global index providers MSCI… Read More New York Stock Exchange begins process of delisting three Chinese telecom companies

U.S. calls for release of Uighur doctor jailed in China for family members’ activism

The United States called on Wednesday for the release of a Uighur Muslim medical doctor whose relatives say she was sentenced to 20 years in jail in China because of family members’ human rights activism in the United States. The daughter of Gulshan Abbas told a briefing organized with the bipartisan U.S. Congressional-Executive Commission on… Read More U.S. calls for release of Uighur doctor jailed in China for family members’ activism