Asia-Pacific News 9 April 2018

China's Xi announces plans to 'open' China, including lowering tariffs on imported autos

Chinese President Xi Jinping on Tuesday plans to further open up the Chinese economy, including lowering import tariffs for autos and other products, enforcing the legal intellectual property of foreign firms

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China is reportedly proposing a permanent military base in the South Pacific

China proposes a permanent military presence on the tiny Pacific island on Vanuatu, Australia's Fairfax Media reported.

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Asian shares trade sideways after US rally loses steam

Asian markets traded mixed on Tuesday, with investors focused on a speech from Chinese President Xi Jinping.

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Trump complains about 'stupid trade' with China

President Donald Trump on Monday complained yet again about "STUPID TRADE" with China, doing little to calm investors anxious about the escalating trade conflict between the two economic superpowers.

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Tesla to recall 8,898 vehicles in China: China quality watchdog

China's quality watchdog said on Monday that Tesla will recall a total of 8,898 Model S vehicles in the country from June 28.

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China blames US for trade frictions, says negotiations currently impossible

China's Foreign Ministry said that the United States' measures had raised the concern of the international community.

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Asia advances as markets shrug off US declines amid trade tensions

Stocks in Asia closed higher on Monday, with markets shrugging off declines seen on Wall Street.

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