World News: 03:20 GMT Friday 2nd August 2019. [Yahoo Business News Feed via SPi World News]
U.S. Secretary of State Mike Pompeo is hitting out at China for predatory trade practices and human rights abuses that harm economic development. A day after President Donald Trump intensified pressure on China by announcing the imposition of new U.S. tariffs on Chinese imports, Pompeo told an audience in Bangkok on Friday that Asian nations are best served by private American rather than 'state-led' investment. Pompeo told the Siam Society that 'trade and freedom' are the keys to development and urged countries in the region to shun China until it reforms its practices.
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