Energy News  
TRADE WARS
Beijing rebuffs Trump claims over economic slowdown
by Staff Writers
Beijing (AFP) July 16, 2019

China on Tuesday rejected claims from US President Donald Trump that it is being forced to make a trade deal because of its slowing economy, as the two sides prepare for more talks.

Beijing and Washington have been locked in a stormy trade war that has seen them hit each other with tariffs covering more than $360 billion in two-way trade.

On Monday, China published data showing its quarterly growth had slipped to 6.2 percent -- the slowest in nearly 30 years.

After the publication of the trade figures, Trump tweeted: "This is why China wants to make a deal... with the U.S., and wishes it had not broken the original deal in the first place."

But Beijing has rejected the comments.

"It's completely misleading to say, as the US side does, that because of its economic slowdown, China is eager to reach an agreement," said foreign ministry spokesman Geng Shuang.

"I would like to once again call on the US to work together with China, to meet halfway, and to strive for a mutually beneficial and win-win agreement, on the basis of mutual respect and equality."

US Treasury Secretary Steven Mnuchin said Monday that top American and Chinese trade negotiators are due to speak by telephone "this week", the second such call in two weeks.

Mnuchin and US Trade Representative Robert Lighthizer had a phone conversation last week with China's Vice Premier Liu He and Commerce Minister Zhong Shan.

Geng said that an economic agreement was in the interest of both sides, and "by no means a unilateral request of the Chinese side".

Trump and Chinese President Xi Jinping last month agreed to resume trade talks after discussions collapsed in early May when the American side accused Beijing of reneging on key commitments.

But no face-to-face talks have yet been scheduled.


Related Links
Global Trade News


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
China police bust bitcoin miners for stealing $3 mn in electricity
Beijing (AFP) July 12, 2019
Police in eastern China have busted a ring of illicit bitcoin miners who stole nearly $3 million worth of electricity to generate the digital currency, prompting a local power company to tip off investigators, authorities said Friday. A decentralised virtual currency, bitcoin can be produced or "mined" by banks of computers solving complex algorithms. The mining process can be very expensive on a large scale because it requires cutting-edge technology and vast amounts of electricity. Police in ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Left out to dry: A more efficient way to harvest algae biomass

How to capture waste heat energy with improved polymers

Total starts production at French biofuel refinery

UT study shows how to produce natural gas while storing carbon dioxide

TRADE WARS
Photon Energy connects three pv power plants to grid in Hungary

Bionic catalysts to produce clean energy

Danish researchers create worldwide solar energy model

Researchers create multi-junction solar cells from off-the-shelf components

TRADE WARS
Stanford study shows how to improve production at wind farms

Windmill protesters placed on Dutch terror list

Can sound protect eagles from wind turbine collisions?

UK hits historic coal-free landmark

TRADE WARS
Global warming = more energy use = more warming

Big energy discussion 'scrubbed from record' at UN climate talks

New York to get one of world's most ambitious carbon reduction plans

Wartsila and Summit sign Bangladesh's biggest ever service agreement to maintain Summit's 464 MW power plants

TRADE WARS
Tiny granules can help bring clean and abundant fusion power to Earth

Highview Power Unveils CRYOBattery, World's First Giga-Scale Cryogenic Battery

Researchers introduce novel heat transport theory in quest for efficient thermoelectrics

AI and high-performance computing extend evolution to superconductors

TRADE WARS
Ecotax championed, contested and still marginal in EU

US waste driving global garbage glut: study

Indonesia to send 210 tonnes of waste back to Australia

Cruise ship in Venice near-miss just weeks after dock incident

TRADE WARS
US plans Gulf naval escorts after Iranians menace UK oil tanker

Iran tried to seize British oil tanker: report

Britain says Iran tried to 'impede' UK tanker in Gulf

UK says Iran tanker will be freed after guarantees on destination

TRADE WARS
Sustaining Life on Long-Term Crewed Missions Will Require Planetary Resources

InSight Uncovers the 'Mole' on Mars

Mars 2020 Rover Gets a Super Instrument

Methane vanishing on Mars









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.