US-China trade war to cost $455bn in lost output, says IMF

Christine Lagarde says world must avoid the ‘self-inflicted wounds’ of a tit-for-tat wrangle

The International Monetary Fund has called for a speedy end to the deepening trade war between the United States and China after calculating that the tit-for-tat tariffs will cost $455bn (£357.5bn) in lost output next year – more than the size of South Africa’s economy.

Christine Lagarde, the IMF’s managing director, underlined her organisation’s growing concern at the most serious outbreak of trade tension since the 1930s and said “self-inflicted wounds” had to be avoided.

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Candlelit vigil held in Hong Kong to mark Tiananmen Square massacre – video

Thousands of pro-democracy activists in Hong Kong gathered on Tuesday night to mark 30 years since China's bloody crackdown on pro-democracy protesters in Beijing's Tiananmen Square. Hong Kong is the only region under Beijing's jurisdiction that holds significant public commemorations of the 1989 violence. Hong Kong has a degree of freedom not available on the mainland as a legacy of British rule that ended in 1997.

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Tiananmen Square massacre marked with Hong Kong vigil

More than 100,000 gather for anniversary but many fear for future of commemoration

More than 100,000 people have gathered in Hong Kong for a candlelight vigil to mark the 30th anniversary of the Tiananmen Square massacre.

The event is the biggest and traditionally the only major commemoration of the incident allowed in China. Taiwan also marked the massacre with a vigil and exhibition on “Tank man” – the man photographed standing in front of tanks on 5 June 1989.

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Tank Man: what happened at Tiananmen Square? – video explainer

Thirty years ago, a Chinese man, carrying his shopping, stood in front of a column of tanks from the People’s Liberation Army in Tiananmen Square, Beijing. Tank Man, as he became known, became an iconic image from the protests. His stand was the culmination of weeks of clashes between Chinese pro-democracy protesters and the government, during which thousands of people are thought to have been killed

• Beijing falls silent as tight security surrounds Tiananmen Square anniversary

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Chinese travellers warned of crime and police harassment in US

China issues travel alert to its citizens, citing frequent ‘shootings and robberies’ in US

China has issued two travel alerts to its citizens going to the US, warning them about police harassment and crime.

The warnings come amid an escalating trade war between the world’s two largest economies and other tensions including attacks on each other’s human rights records.

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Beijing falls silent as tight security surrounds Tiananmen Square anniversary

Thirty years after bloody crackdown in China, visitors have IDs checked and journalists are warned against taking pictures

China has been marking 30 years since its deadly crackdown on student demonstrators in Beijing with silence and extra security measures.

The government has worked to suppress discussion of one of the darkest chapters in its history, when Beijing deployed tanks and troops to put down a countrywide movement calling for democratic reforms.

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China continues to deny Tiananmen, but we won’t let the world forget | Rowena Xiaoqing He

On the 30th anniversary of the massacre, commemorations to those who were killed will show the Chinese government we will not be silenced

He was just a kid, but he cried like an old man in despair.” Liane was trying hard to steady her emotions when she described to me how she had attempted to hold back a young boy whose unarmed brother had been shot by soldiers during the 1989 Tiananmen massacre.

Liane was a student from Hong Kong when the 1989 Tiananmen movement erupted and she went to Beijing to support the demonstrations. On the night of 3 June, when 200,000 soldiers equipped with tanks and AK-47s were deployed against unarmed civilians, she was outside the Museum of the Chinese Revolution on the north-east corner of Tiananmen Square. She fainted after she failed to stop the young boy from dashing toward the soldiers, and was carried away covered with blood.

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China says war with US would be a disaster as tensions mount

Defence minister Wei Fenghe said China would ‘fight to the end’ on trade issues but was open to talks

Chinese defence minister Wei Fenghe criticised the United States on Sunday for its support for self-ruled Taiwan and for naval operations in the disputed South China Sea, but said conflict or war between the two countries would be a disaster.

Wei told the Shangri-La Dialogue in Singapore, Asia’s premier defence summit, that China would “fight to the end” if anyone tried to split China from Taiwan, which Beijing considers a sacred territory to be taken by force if necessary.

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US won’t ‘tiptoe’ around Chinese behaviour in Asia, says US defence chief

Acting US defence secretary Patrick Shanahan warns stability in the region is under threat, including the South China Sea

The United States will no longer “tiptoe” around Chinese behaviour in Asia, with stability in the region at threat on issues ranging from the South China Sea to Taiwan, acting US defence secretary Patrick Shanahan has said.

Shanahan did not directly name China when making accusations of “actors” destabilising the region, but went on to say on Saturday that the United States would not ignore Chinese behaviour, the latest acerbic exchange between the world’s two biggest economies.

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Shen Wei’s best photograph: a naked self-portrait on a Chinese stage

‘Not knowing if anyone would walk in gave me energy and inspired my powerful stance’

On a trip through Jiangxi province in south-east China two years ago, my friend and I were wandering around one of the area’s many small villages. It was tiny and empty apart from a few old men and women sitting in front of their houses.

There was a single street which all the doors of the village opened on to. One had a normal black door with a sign above it that said something like “club” or “meeting hall”. It was the only indication of it being non-residential, so I pushed it open. We found an empty theatre with two raised stages. Chairs were stacked on one and on the other was this set: two chairs and a table, draped in red fabric. I instantly knew I had to take a photograph.

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China tells US provoking trade disputes is ‘naked economic terrorism’

Senior official says China is ‘not afraid’ of a trade war as Beijing signals potential restrictions on rare-earth exports

Provoking trade disputes is “naked economic terrorism“, a senior Chinese diplomat said on Thursday, ramping up the rhetoric against the US amid a bitter trade war that shows no signs of ending soon.

Zhang Hanhui, China’s vice foreign minister told reporters in Beijing China opposed the use of “big sticks” such as trade sanctions, tariffs and protectionism.

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Global markets fall as China prepares to hit back at US in trade war

Dow Jones slumps after Beijing signals readiness to restrict exports of rare-earth elements

Financial markets around the world have sold off sharply after Beijing signalled a readiness to strike back at Washington in their escalating trade war by restricting exports of rare-earth elements.

Wall Street recorded steep losses on Wednesday as the Dow Jones slumped to the lowest level in almost four months, losing about 200 points to trade at 25,149. The S&P 500 index also fell to a two-month low, sliding by 18 points to 2,784.

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Albino panda caught on camera in China in world first

Incredibly rare animal is photographed by camera trap in the forests of Sichuan province

A nature reserve in China has captured what is believed to be the world’s first image of an albino panda.

The Wolong national nature reserve in the south-western province of Sichuan released a photo taken in April of an all-white giant panda in the wild, crossing through a forest.

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Scott Morrison to sell Pacific ‘step up’ on Solomons visit as pressure builds over climate

Australia to discuss Pacific investment bank and infrastructure amid concerns over Chinese influence

Australia is set to sound out the Solomon Islands on its infrastructure wish list and pitch its new Pacific investment bank, amid growing concerns over Chinese regional influence and debt-trap diplomacy.

The prime minister, Scott Morrison, is expected to arrive in the capital, Honiara, on Sunday for a day-and-a-half bilateral visit before he heads to the United Kingdom and Singapore.

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Global markets rocked as US-China trade and tech rift deepens

Shares fall sharply in Asia, Europe and North America in intensifying war of words

The deepening trade and technology war between the US and China has sent global stock markets sharply lower and prompted a warning from the IMF of the increasing risks to the global economy.

Shares fell sharply in Asia, Europe and North America on a day that saw investors alarmed by the intensifying war of words between Washington and Beijing, poor news on the American economy, and political chaos in Britain.

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‘We’ll fight to the end’: China’s media ramps up rhetoric in US trade war

Voices within Chinese state and private media grow more strident as tensions mount

Over the last week, China’s state media outlets have called the US government delusional, compared it to apes shouting on a river bank, and offered to teach the Americans a Chinese idiom: diandao heibai, “to invert black and white”, or deliberately distort the truth.

As trade tensions mount between the US and China, Beijing faces the difficult task of appealing to national pride to shore up confidence in the leadership while also keeping public anger in check.

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Markets slide as Panasonic joins list of firms walking away from Huawei

Panasonic joins Google, Intel and Qualcomm following US ban in what is beginning to shape up as a tech cold war

Panasonic has joined the growing list of companies to sever ties with Huawei by announcing that it will stop supplying some components to the Chinese technology conglomerate after a US ban over security concerns.

The decision by the Japanese firm on Thursday sent Asia Pacific shares falling again and came a day after four major Japanese and British mobile carriers said they would delay releasing new Huawei handsets.

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Trump’s China trade war risks damaging US economy, says OECD

Intensification of tariff dispute also likely to knock almost $600bn off world economy

Donald Trump has been warned by the west’s most influential economics thinktank that further escalation of the US-China trade war would unleash significant damage for the American economy, as well as the rest of the world.

The Paris-based Organisation for Economic Co-operation and Development (OECD) said that an intensification of the dispute between Washington and Beijing would likely knock as much as 0.7% off the level of global GDP by 2021-22.

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The Guardian view on Google versus Huawei: no winners | Editorial

The struggle over Huawei isn’t really about technology. It is about whether China or the US is to be master

Trade wars, like real ones, are very much easier to start than to stop. The decision by Google to withhold its software from future Huawei smartphones, even if it will continue to support those presently on the market, comes after considerable pressure from the US government. Even so, it is a move that all parties will regret.

The pain for Huawei is obvious. Although it has been stockpiling chips and, presumably, preparing other defences, there is nothing it can sell to consumers outside China that does not depend on American software, and little that does not depend on American chips. As much as half of its global market could disappear, and that is without counting the 5G networking equipment which was the proximate cause of this quarrel. The ultimate cause, of course, is the American fear of losing its position of global pre-eminence, and the Chinese determination to realise that fear.

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