A new cold war is brewing between the United States and China. The two arch-rivals are out to get each other. Xi Jinping wants to beat America and Donald Trump wants to single out China.

A new cold war is brewing between the United States and China. The two arch-rivals are out to get each other. Xi Jinping wants to beat America and Donald Trump wants to single out China. The powerplay is on and the United States has made three huge moves to target the Chinese - military posturing, consulate battles and going after Chinese hackers The United States has been equipping and positioning its forces across Asia. US Secretary of Defence Mark Esper outlined the plan. The US has been sending navy ships to Asia and is selling arms to Taiwan. America has been creating and arming an alliance on the high seas even as Chinese ships have been active in the South China Sea and around Taiwan. × Esper said activities by China has been destabilising the entire region and America wishes to counter it. A key part of America's strategy will be India. The US Secretary of Defence brought up the recent naval exercise off the coast of Andaman and Nicobar islands. Esper said such exercises are an effort to project power. America on Wednesday ordered China to shut down its consulate in Houston within 72 hours because US officials believe the diplomatic outpost was being used for spying for expanding Chinese influence in America. Washington has not shared the specifics but it has constantly accused China of attempts to steal commercial and military secrets, a charge that China continues to deny. This video shared with us by a viewer who lives next to the Consulate General of China in #Houston shows fire and activity in the courtyard of the building. DETAILS SO FAR: https://t.co/2cOeKoap96 pic.twitter.com/0myxe6HIlC — KPRC2Tulsi (@KPRC2Tulsi) July 22, 2020 × Chinese diplomats were reportedly seen dumping paper into flaming barrels hours after the Trump administration asked China to close this consulate. As for the consulate, China has sovereignty over it. According to international rules, no one can enter or leave without China’s permission technically, not even Americans. America has made accused China of spying. US Investigators said that it is not just Chinese missions that snoop, they say China has hired hackers. They're stealing coronavirus vaccine research not just in America but around the world. The US has also charged two former electrical engineering students for allegedly being private hackers. They reportedly worked for money and also received support from Chinese intelligence agents. Two firms in the US were allegedly targeted - a biotech firm in Massachusetts that was researching possible cures for the Wuhan virus and a Maryland company which was researching the virus.

As new cold war brews, US takes three big steps to target China

US Senator Thom Tillis presented an 18-point plan on Thursday. The plan aims at using the help of regional allies to hold the Chinese government accountable for its “lies, deception, and cover-ups” that led to the global COVID-19 pandemic. This plan also includes&nbsp;enhancing military ties with India.

<a href="https://www.wionews.com/world/amid-covid-19-crisis-trump-threatens-to-cut-off-whole-relationship-with-china-298711">Also read:&nbsp;Amid COVID-19 crisis, Trump threatens to 'cut off whole relationship with China'</a>

“The Chinese government maliciously covered up and enabled a global pandemic that has caused misery for so many Americans. This is the same regime that locks up its own citizens in labour camps, steals America’s technology and jobs, and threatens the sovereignty of our allies," said Thom Tillis.

"This is a major wake-up call to the United States and the rest of the free world. My plan of action will hold the Chinese government accountable for lying about COVID-19; sanctioning the Chinese government while protecting America’s economy, public health, and national security," he added.

<a href="https://www.wionews.com/world/mike-pompeo-accuses-china-of-stealing-american-research-on-covid-19-298763">Also read:&nbsp;Mike Pompeo accuses China of stealing American research on COVID-19</a>

Through this, Tillis is blaming China and has claimed that China knew about the amount of damage and danger the coronavirus could bring, but hid the information. He has alleged Chinese government of not disclosing important information about COVID-19 for months, and has also claimed that thousand of lives could have been saved if the Chinese government would have been truthful about the coronavirus.

The 18-point plan talks about an immediate approval of USD 20 billion funding for the military, and strengthening ties with regional allies, and expanding equipment sales with India, Taiwan and Vietnam.

Talking about bringing back the manufacturing industry to the US, the plan read, "Move manufacturing back to the US from China and gradually eliminate our supply chain dependency on China. Stop China from stealing our technology and provide incentives to American companies to regain our technological advantage. Strengthen cybersecurity against Chinese hacks and sabotage."

Blaming China for hiding information on coronavirus, the plan states that the US should ban Chinese technology company, Huawei. It seeks support for preventing the American taxpayer's money to going to Chinese government, which Tillis alleges is being used by the Chinese government to pay off their debt.

Senator Tillis’ plan urges the Trump Administration to formally request the International Olympic Committee to withdraw the 2022 Winter Olympics from Beijing.

Tillis has also claimed that WHO should be investigated to ensure that the organization is working independently. "Expose and counter China’s predatory debt-trap diplomacy targeting developing countries. Increase intelligence sharing on potential pandemics and lead the creation of a watchdog organization to monitor foreign governments’ handling of deadly viruses,"&nbsp;Tillis said in his suggestions.

Congressman Troy Balderson introduced bicameral legislation with Congressman Doug Collins and Senator Lindsey Graham that will hold China accountable for deceptive actions taken by its leaders that led to the spread and subsequent global pandemic.

The Covid-19 Accountability Act authorises President Donald Trump to impose sanctions on China if it fails to cooperate with a full investigation led by the US or its allies into the events that lead to the Covid-19 outbreak.

This is not the first time such an accusation has been made against China. In the past few months, the US and Chinese government have been in a vocal rebuttal about coronavirus.&nbsp;

(With inputs from PTI)

US Senator Thom Tillis presented an 18-point plan on Thursday. The plan aims at using the help of regional allies to hold the Chinese government accountable for its “lies, deception, and cover-ups” that led to the global COVID-19 pandemic.

US Senator Thom Tillis presented an 18-point plan on Thursday. The plan aims at using the help of regional allies to hold the Chinese government accountable for its “lies, deception, and cover-ups” that led to the global COVID-19 pandemic. This plan also includes enhancing military ties with India. Also read: Amid COVID-19 crisis, Trump threatens to 'cut off whole relationship with China' “The Chinese government maliciously covered up and enabled a global pandemic that has caused misery for so many Americans. This is the same regime that locks up its own citizens in labour camps, steals America’s technology and jobs, and threatens the sovereignty of our allies," said Thom Tillis. "This is a major wake-up call to the United States and the rest of the free world. My plan of action will hold the Chinese government accountable for lying about COVID-19; sanctioning the Chinese government while protecting America’s economy, public health, and national security," he added. Also read: Mike Pompeo accuses China of stealing American research on COVID-19 Through this, Tillis is blaming China and has claimed that China knew about the amount of damage and danger the coronavirus could bring, but hid the information. He has alleged Chinese government of not disclosing important information about COVID-19 for months, and has also claimed that thousand of lives could have been saved if the Chinese government would have been truthful about the coronavirus. The 18-point plan talks about an immediate approval of USD 20 billion funding for the military, and strengthening ties with regional allies, and expanding equipment sales with India, Taiwan and Vietnam. Talking about bringing back the manufacturing industry to the US, the plan read, "Move manufacturing back to the US from China and gradually eliminate our supply chain dependency on China. Stop China from stealing our technology and provide incentives to American companies to regain our technological advantage. Strengthen cybersecurity against Chinese hacks and sabotage." Blaming China for hiding information on coronavirus, the plan states that the US should ban Chinese technology company, Huawei. It seeks support for preventing the American taxpayer's money to going to Chinese government, which Tillis alleges is being used by the Chinese government to pay off their debt. Senator Tillis’ plan urges the Trump Administration to formally request the International Olympic Committee to withdraw the 2022 Winter Olympics from Beijing. Tillis has also claimed that WHO should be investigated to ensure that the organization is working independently. "Expose and counter China’s predatory debt-trap diplomacy targeting developing countries. Increase intelligence sharing on potential pandemics and lead the creation of a watchdog organization to monitor foreign governments’ handling of deadly viruses," Tillis said in his suggestions. Congressman Troy Balderson introduced bicameral legislation with Congressman Doug Collins and Senator Lindsey Graham that will hold China accountable for deceptive actions taken by its leaders that led to the spread and subsequent global pandemic. The Covid-19 Accountability Act authorises President Donald Trump to impose sanctions on China if it fails to cooperate with a full investigation led by the US or its allies into the events that lead to the Covid-19 outbreak. This is not the first time such an accusation has been made against China. In the past few months, the US and Chinese government have been in a vocal rebuttal about coronavirus. (With inputs from PTI)

India a part of 18-point plan of US to uncover China's lies

&nbsp;The United States announced on Wednesday it will provide Vietnam with another coast guard cutter for its growing fleet of ships, boosting Hanoi's ability to patrol the <a href="https://www.wionews.com/.../china-calls-on-us-to-stop-flexing-muscles-in- south-china-sea-262942">South China Sea</a> amid tensions with China.

US&nbsp;Defense Secretary <a href="https://www.wionews.com/.../us-cuts-short-meeting-with-south-korea-on- military-costs-263118">Mark Esper</a> disclosed the decision during an address in Vietnam, which has emerged as the most vocal opponent in Asia of China's territorial claims in the South China Sea.

In his speech, Esper took aim at China, which he accused of "bullying" neighbours, like Vietnam.

"China's unilateral efforts to assert illegitimate maritime claims threaten other nations' access to vital natural resources, undermine the stability of regional energy markets, and increase the risk of conflict," Esper told students at the Diplomatic Academy of Vietnam.

The vessel will be Vietnam's second cutter from the US&nbsp;Coast Guard, which just two years ago transferred a Hamilton-class cutter to Vietnam. By providing the ships, the US&nbsp;hopes to enable Vietnam to assert its sovereignty and deter China.

More than four decades after the Vietnam War ended, ties between the United States and Vietnam are increasingly focused on shared concerns over Chinese expansion.

China claims 90 per cent&nbsp;of the potentially energy-rich South China Sea, but Brunei, Malaysia, the Philippines, Taiwan and Vietnam also lay claim to parts of it, through which about $3 trillion of trade passes each year.

Beijing in July sent a ship for a months-long seismic survey to an area internationally designated as Vietnam’s exclusive economic zone (EEZ) but also claimed by China.

Vietnam said earlier this month it could explore legal action in the dispute, a move previously taken by the Philippines - where Esper visited earlier this week.

In 2016, the Philippines won a ruling from the Permanent Court of Arbitration in The Hague that invalidated China's claim over most of the South China Sea.

Speaking earlier at Vietnam's defence ministry, Esper said the international rules-based order “has come under duress."

"Collectively, we must stand up against coercion and intimidation, protect the rights of all nations, big and small," Esper said.

The United States accuses China of militarising the South China Sea and trying to intimidate Asian neighbours who might want to exploit its extensive oil and gas reserves.

In April, the United States delivered six patrol boats worth $12 million to Vietnam's Coast Guard. Those vessels were in addition to another twelve "Metal Shark" patrol boats it provided to Vietnam in the last two years.

The United States announced on Wednesday it will provide Vietnam with another coast guard cutter for its growing fleet of ships, boosting Hanoi's ability to patrol the South China Sea amid tensions with China.

The United States announced on Wednesday it will provide Vietnam with another coast guard cutter for its growing fleet of ships, boosting Hanoi's ability to patrol the South China Sea amid tensions with China. US Defense Secretary Mark Esper disclosed the decision during an address in Vietnam, which has emerged as the most vocal opponent in Asia of China's territorial claims in the South China Sea. In his speech, Esper took aim at China, which he accused of "bullying" neighbours, like Vietnam. "China's unilateral efforts to assert illegitimate maritime claims threaten other nations' access to vital natural resources, undermine the stability of regional energy markets, and increase the risk of conflict," Esper told students at the Diplomatic Academy of Vietnam. The vessel will be Vietnam's second cutter from the US Coast Guard, which just two years ago transferred a Hamilton-class cutter to Vietnam. By providing the ships, the US hopes to enable Vietnam to assert its sovereignty and deter China. More than four decades after the Vietnam War ended, ties between the United States and Vietnam are increasingly focused on shared concerns over Chinese expansion. China claims 90 per cent of the potentially energy-rich South China Sea, but Brunei, Malaysia, the Philippines, Taiwan and Vietnam also lay claim to parts of it, through which about $3 trillion of trade passes each year. Beijing in July sent a ship for a months-long seismic survey to an area internationally designated as Vietnam’s exclusive economic zone (EEZ) but also claimed by China. Vietnam said earlier this month it could explore legal action in the dispute, a move previously taken by the Philippines - where Esper visited earlier this week. In 2016, the Philippines won a ruling from the Permanent Court of Arbitration in The Hague that invalidated China's claim over most of the South China Sea. Speaking earlier at Vietnam's defence ministry, Esper said the international rules-based order “has come under duress." "Collectively, we must stand up against coercion and intimidation, protect the rights of all nations, big and small," Esper said. The United States accuses China of militarising the South China Sea and trying to intimidate Asian neighbours who might want to exploit its extensive oil and gas reserves. In April, the United States delivered six patrol boats worth $12 million to Vietnam's Coast Guard. Those vessels were in addition to another twelve "Metal Shark" patrol boats it provided to Vietnam in the last two years.

US to provide ship to Vietnam to boost South China Sea patrols

Wall Street's main indexes were set to retreat at the open on Monday as comments by President Donald Trump dampened expectations around a <a href="https://www.wionews.com/.../trump-xi-meeting-in-iowa-would-be-poignant- reminder-of-better-us-china-ties-260213">US-China trade deal</a>, while escalating violence in Hong Kong added to investor worries.

Hopes of a "phase one" deal to end the damaging 16-month trade war and largely upbeat corporate earnings have sparked a rally that helped the three major stock indexes close at record highs on Friday.

But Trump said on Saturday that the United States would only make a deal if it was the "right deal" for America, adding that the talks had moved more slowly than he would have liked.

Trade-sensitive stocks Caterpillar Inc, Advanced Micro Devices Inc, Micron Technology Inc and Intel Corp shed about 1 per cent&nbsp;each in premarket trading. US-listed Chinese stocks also fell.

Continuing violence in<a href="https://www.wionews.com/.../hong-kong-police-defends-shooting-protesters- wions-correspondent-shares-the-real-time-experience-261433"> Hong Kong </a>also hit sentiment after police shot and wounded a protester in the 24th straight week of pro-democracy unrest in the Chinese-ruled territory.

"You have China involved in two major variables now, which seems to be causing some nervousness," said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville.

"During times like these, the markets are going to be volatile and erratic, especially after coming off all-time highs."

The third-quarter earnings season is drawing to a close on a positive note, with nearly three-quarters of the 446 S&amp;P 500 companies that have reported results so far topping profit estimates, according to Refinitiv data. The numbers, however, reflect significantly lowered analysts' forecasts.

Attention will now shift to economic data, as well as comments from Federal Reserve Chair Jerome Powell later this week.

At 8:53 a.m. ET, Dow e-minis were down 107 points, or 0.39 per cent. S&amp;P 500 e-minis were down 12 points, or 0.39 per cent&nbsp;and Nasdaq 100 e-minis were down 31.75 points, or 0.38 per cent.

Walgreens Boots Alliance Inc jumped 5.6 per cent&nbsp;after Bloomberg reported KKR &amp; Co had formally approached the drugstore giant for what could be the biggest-ever leveraged buyout.

Among other stocks, Qualcomm Inc fell 2.4 per cent&nbsp;after Morgan Stanley downgraded the chipmaker to "equal-weight" from "overweight".

Shares of Cisco Systems Inc dropped 1.4 per cent&nbsp;as Piper Jaffray cut its rating on the network gear maker to "neutral" from "overweight".

Wall Street's main indexes were set to retreat at the open on Monday as comments by President Donald Trump dampened expectations around a US-China trade deal, while escalating violence in Hong Kong added to investor worries.

Wall Street's main indexes were set to retreat at the open on Monday as comments by President Donald Trump dampened expectations around a US-China trade deal, while escalating violence in Hong Kong added to investor worries. Hopes of a "phase one" deal to end the damaging 16-month trade war and largely upbeat corporate earnings have sparked a rally that helped the three major stock indexes close at record highs on Friday. But Trump said on Saturday that the United States would only make a deal if it was the "right deal" for America, adding that the talks had moved more slowly than he would have liked. Trade-sensitive stocks Caterpillar Inc, Advanced Micro Devices Inc, Micron Technology Inc and Intel Corp shed about 1 per cent each in premarket trading. US-listed Chinese stocks also fell. Continuing violence in Hong Kong also hit sentiment after police shot and wounded a protester in the 24th straight week of pro-democracy unrest in the Chinese-ruled territory. "You have China involved in two major variables now, which seems to be causing some nervousness," said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville. "During times like these, the markets are going to be volatile and erratic, especially after coming off all-time highs." The third-quarter earnings season is drawing to a close on a positive note, with nearly three-quarters of the 446 S&P 500 companies that have reported results so far topping profit estimates, according to Refinitiv data. The numbers, however, reflect significantly lowered analysts' forecasts. Attention will now shift to economic data, as well as comments from Federal Reserve Chair Jerome Powell later this week. At 8:53 a.m. ET, Dow e-minis were down 107 points, or 0.39 per cent. S&P 500 e-minis were down 12 points, or 0.39 per cent and Nasdaq 100 e-minis were down 31.75 points, or 0.38 per cent. Walgreens Boots Alliance Inc jumped 5.6 per cent after Bloomberg reported KKR & Co had formally approached the drugstore giant for what could be the biggest-ever leveraged buyout. Among other stocks, Qualcomm Inc fell 2.4 per cent after Morgan Stanley downgraded the chipmaker to "equal-weight" from "overweight". Shares of Cisco Systems Inc dropped 1.4 per cent as Piper Jaffray cut its rating on the network gear maker to "neutral" from "overweight".

Wall Street set for weak opening amidst US-China trade war and Hong Kong crisis

Most Asian share markets slipped on Monday as investors waited for more clarity on the Sino-US trade talks after recent negotiations, while oil gained more than 1 per cent as Middle East tensions remained elevated.

Analysts said investor sentiment was fragile with civil unrest in Hong Kong, tensions in the Middle East and worries over whether the United States and China would sign a trade deal soon. Moves were further exaggerated by low volumes as Japanese markets were shut for a public holiday.

Chinese shares opened in the negative territory, with the blue-chip index down 1.5 per cent. Hong Kong's Hang Seng index was 0.8 per cent weaker after a weekend of sometimes violent protests that saw pro-democracy activists vandalise a railway station and shopping mall.

South Korea's Kospi was a touch weaker after disappointing trade data while Australian and New Zealand shares bucked the trend and were both about 0.3% higher.

That left MSCI's broadest index of Asia-Pacific shares outside Japan down 0.3 per cent&nbsp;at 509.94 points. It is still up more than 3 per cent&nbsp;so far in September.

"There are real concerns about the impact on economies from the trade dispute," said Michael McCarthy, Sydney-based strategist at CMC Markets. "People are probably getting an idea that this will be a long negotiation. And the longer it lingers the more impact it will have economically", he added.

E-mini futures for US S&amp;P 500 and the Dow, however, climbed nearly 0.4 per cent each.

Over the weekend, the US&nbsp;Trade Representative's office issued a brief statement characterising the two days of talks with China as "productive." It added that a principal-level trade meeting in Washington would take place in October, as previously planned.

China's Commerce Ministry, in a brief statement, described the talks as "constructive", and said they had also had a good discussion on "detailed arrangements" for the high-level talks in October.

Additionally, the United States removed tariffs from more than 400 Chinese products in response to requests from US companies.

Despite the improved tone, markets still remain unconvinced about the possibility of deal soon.

Investors were rattled by news on Friday that Chinese officials unexpectedly cancelled a visit to US&nbsp;farms this week following their two days of negotiations in Washington.

One Shanghai-based analyst at Tebon Securities said the cancellation had hit investor sentiment and could be a major drag on Chinese A-shares in the near-term.

News that five Yemeni civilians were killed in airstrikes by the Saudi-led coalition further soured investor appetite.

Oil Shock

Mideast tensions and worries about oil supplies helped Brent crude futures jump 1 per cent, or 64 cents, to $64.92 a barrel, while U.S. crude futures rose 0.98 per cent, or 57 cents, to $58.66 a barrel.

The Pentagon has ordered additional troops to be deployed in the Gulf region to strengthen Saudi Arabia's air and missile defences following an attack on Saudi oil facilities.

US&nbsp;Secretary of State Mike Pompeo said on Sunday the additional troops are for "deterrence and defence" and Washington aimed to avoid war with Iran.

Markets will closely watch September manufacturing activity surveys due from the United States and European Union later in the day for any signs of a rebound.

Action in currency markets was muted.

The dollar gained 0.14 per cent against the safe-haven Japanese Yen to 107.69 after easing 0.5 per cent last week. The risk-sensitive Australian dollar was up 0.24 per cent&nbsp;at $0.6780.

The euro was a shade higher as was the British pound. That left the dollar index slightly weaker at 98.449.

With risk appetite waning, spot gold pared early losses to be flat at $1,516.39 an ounce.

Most Asian share markets slipped on Monday as investors waited for more clarity on the Sino-US trade talks after recent negotiations, while oil gained more than 1 per cent as Middle East tensions remained elevated.

Most Asian share markets slipped on Monday as investors waited for more clarity on the Sino-US trade talks after recent negotiations, while oil gained more than 1 per cent as Middle East tensions remained elevated. Analysts said investor sentiment was fragile with civil unrest in Hong Kong, tensions in the Middle East and worries over whether the United States and China would sign a trade deal soon. Moves were further exaggerated by low volumes as Japanese markets were shut for a public holiday. Chinese shares opened in the negative territory, with the blue-chip index down 1.5 per cent. Hong Kong's Hang Seng index was 0.8 per cent weaker after a weekend of sometimes violent protests that saw pro-democracy activists vandalise a railway station and shopping mall. South Korea's Kospi was a touch weaker after disappointing trade data while Australian and New Zealand shares bucked the trend and were both about 0.3% higher. That left MSCI's broadest index of Asia-Pacific shares outside Japan down 0.3 per cent at 509.94 points. It is still up more than 3 per cent so far in September. "There are real concerns about the impact on economies from the trade dispute," said Michael McCarthy, Sydney-based strategist at CMC Markets. "People are probably getting an idea that this will be a long negotiation. And the longer it lingers the more impact it will have economically", he added. E-mini futures for US S&P 500 and the Dow, however, climbed nearly 0.4 per cent each. Over the weekend, the US Trade Representative's office issued a brief statement characterising the two days of talks with China as "productive." It added that a principal-level trade meeting in Washington would take place in October, as previously planned. China's Commerce Ministry, in a brief statement, described the talks as "constructive", and said they had also had a good discussion on "detailed arrangements" for the high-level talks in October. Additionally, the United States removed tariffs from more than 400 Chinese products in response to requests from US companies. Despite the improved tone, markets still remain unconvinced about the possibility of deal soon. Investors were rattled by news on Friday that Chinese officials unexpectedly cancelled a visit to US farms this week following their two days of negotiations in Washington. One Shanghai-based analyst at Tebon Securities said the cancellation had hit investor sentiment and could be a major drag on Chinese A-shares in the near-term. News that five Yemeni civilians were killed in airstrikes by the Saudi-led coalition further soured investor appetite. Oil Shock Mideast tensions and worries about oil supplies helped Brent crude futures jump 1 per cent, or 64 cents, to $64.92 a barrel, while U.S. crude futures rose 0.98 per cent, or 57 cents, to $58.66 a barrel. The Pentagon has ordered additional troops to be deployed in the Gulf region to strengthen Saudi Arabia's air and missile defences following an attack on Saudi oil facilities. US Secretary of State Mike Pompeo said on Sunday the additional troops are for "deterrence and defence" and Washington aimed to avoid war with Iran. Markets will closely watch September manufacturing activity surveys due from the United States and European Union later in the day for any signs of a rebound. Action in currency markets was muted. The dollar gained 0.14 per cent against the safe-haven Japanese Yen to 107.69 after easing 0.5 per cent last week. The risk-sensitive Australian dollar was up 0.24 per cent at $0.6780. The euro was a shade higher as was the British pound. That left the dollar index slightly weaker at 98.449. With risk appetite waning, spot gold pared early losses to be flat at $1,516.39 an ounce.

Asian markets slip amidst US-China trade war

Can The US - China Trade War Benefit India? Trade War Can Force Major Companies To Source More From India. Palki Sharma Upadhyay Explains.

Gravitas: US - China Trade War: Advantage For India?

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As new cold war brews, US takes three big steps to target China

India a part of 18-point plan of US to uncover China's lies

US to provide ship to Vietnam to boost South China Sea patrols

US to provide ship to Vietnam to boost South China Sea patrols

Wall Street set for weak opening amidst US-China trade war and Hong Kong crisis

Asian markets slip amidst US-China trade war

Gravitas: US - China Trade War: Advantage For India?