Asean-Beijing South China Sea talks set to start by late-Feb, SE Asia News & Top Stories

Negotiations for a pact between Asean nations and China aimed at easing tensions in the South China Sea are to begin later this month, said Defence Minister Ng Eng Hen early today at the Munich Security Conference in Germany. Asean and China agreed at their summit in Singapore last November to the early conclusion of a code of conduct (COC) for the South China Sea. “(Chinese) PM Li Keqiang, in Singapore in November last year, set a proposed timeline for the COC to be finished in three years,” noted Dr…

‘Like pulling teeth’: In trade talks, China and US said to be far apart on structural changes by Beijing

Chinese and American trade negotiators remain far apart on key issues, including a US demand to ensure Beijing honours any commitment to equal market access and intellectual property protection – an issue Washington sees as crucial in reaching a deal to end the trade war, sources said on Thursday. “There are already significant doubts about what China is putting on the table,” one of the sources, who is familiar with negotiations, told the South China Morning Post. Over the course of trade talks, China has been recycling the same sort…

U.S., China upbeat on trade talks, but South China Sea tensions weigh

BEIJING/WASHINGTON (Reuters) – U.S. and Chinese officials expressed hopes on Monday that a new round of talks would bring them closer to easing their seven-month trade war, but a U.S. Navy mission through the disputed South China Sea cast a shadow over the negotiations in Beijing. The world’s two largest economies are trying to hammer out a deal before a March 1 deadline, after which U.S. tariffs on $200 billion worth of Chinese imports are scheduled to increase to 25 percent from 10 percent. Washington is expected to keep pressing…

US, China upbeat on trade talks, but South China Sea tensions weigh

Business China struck an upbeat note on Monday as trade talks resumed with the United States, but also expressed anger at a U.S. Navy mission through the disputed South China Sea, casting a shadow over the prospect for improved Beijing-Washington ties. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China April 24, 2018. REUTERS/Aly Song 11 Feb 2019 04:25PM(Updated: 12 Feb 2019 05:35AM) Bookmark BEIJING/WASHINGTON: U.S. and Chinese officials expressed hopes on Monday that a new round of talks would bring them closer to easing…

China strikes upbeat tone on U.S. trade talks, but South China Sea tensions weigh

China struck an upbeat note on Monday as trade talks resumed with the United States, but also expressed anger at a U.S. Navy mission through the disputed South China Sea, casting a shadow over the prospect for improved Beijing-Washington ties. White House senior counsellor Kellyanne Conway on Monday also expressed confidence in a possible deal. Asked if the two countries were getting close to a trade agreement, she told Fox News in an interview, “It looks that way, absolutely.” The United States is expected to keep pressing China on long-standing…

Soybeans upstage trade talks | Business

WASHINGTON — Soybeans account for less than 1 percent of all the goods and services the United States sells the rest of the world. But somehow the humble legumes are upstaging weightier, thornier issues as the Trump administration tackles trade disputes with China, the European Union and other trading partners. Critics worry that focusing on getting foreigners to buy soybeans and other U.S. goods is a distraction from pushing them to make deeper economic reforms that would offer longer-lasting benefits to the United States. The outsize importance of soybeans —…

Talks on the cards to review US-Philippine defence pact, SE Asia News & Top Stories

MANILA (PHILIPPINE DAILY INQUIRER/ASIA NEWS NETWORK) – Philippine and United States officials on Thursday (Feb 7) confirmed that talks were being planned to review and possibly revise the 1951 Mutual Defence Treaty (MDT) between the two countries. But the timetable and provisions being considered for revision have yet to be agreed on, according to Foreign Under-secretary Enrique Manalo, Defence Under-secretary Cardozo Luna and US Ambassador to the Philippines Sung Kim. In his remarks at a think tank conference on US-Philippine relations, Mr Luna called for a review of the treaty…

U.S-China trade talks: What’s all the fuss about soybeans?

Soybeans account for less than 1 percent of all the goods and services the United States sells the rest of the world. But somehow the humble legumes are upstaging weightier, thornier issues as the Trump administration tackles trade disputes with China, the European Union and other trading partners. Critics worry that focusing on getting foreigners to buy soybeans and other U.S. goods is a distraction from pushing them to make deeper economic reforms that would offer longer-lasting benefits to the United States. The outsize importance of soybeans — mostly used…

A hill of beans: Soybeans upstage trade talks

WASHINGTON (AP) — Soybeans account for less than 1 percent of all the goods and services the United States sells the rest of the world. But somehow the humble legumes are upstaging weightier, thornier issues as the Trump administration tackles trade disputes with China, the European Union and other trading partners. Critics worry that focusing on getting foreigners to buy soybeans and other U.S. goods is a distraction from pushing them to make deeper economic reforms that would offer longer-lasting benefits to the United States. The outsize importance of soybeans…