US-China trade deal could cost Europe
Europe could end up rueing a potential new deal between China and the United States after the two sides stepped back from a trade war, France's Economy Minister Bruno Le Maire warned Sunday. "The United States and China risk entering an agreement at the expense of Europe if Europe is not capable of showing a…
China stands to gain in Iran after US quits nuclear deal
The US decision to reimpose sanctions on Iran could scare off European investors but oil-thirsty China may step into the void and ramp up business links with the country.
The use of sanctions against Russia, North Korea and China
The West uses economic sanctions against any and everybody it disagrees with. It uses the economic sanction regime like a headmaster in an 18th-Century public school. If you misbehave, we will make you pick pin and face the wall!! The United States will ask its Treasury to instruct its banks to freeze assets; it produces…
China's Xi, North Korea's Kim meet ahead of Trump summit
Chinese President Xi Jinping and Kim Jong Un met in China for the second time in six weeks on Tuesday, signalling their warming ties ahead of the North Korean leader's expected summit with US President Donald Trump.
Taiwan hits back at WHO exclusion under Beijing pressure
Taiwan accused the World Health Organization of succumbing to political pressure from Beijing Tuesday after the island failed to receive an invitation to a major international meeting.
For prosperity of global economy, China, U.S. need dialogue
It’s been 46 years since the United States President Richard Nixon visited China. In 1979, the two countries formed diplomatic relations. Since the establishment of diplomatic ties, China-U.S. relationship has been moving forward steadily, the economic and trade relations have made considerable progress. In 2017, China-U.S. trade volume reached 580 billion U.S. dollars, increased by more than 230…
With Humbrella, China’s Hanergy seeks to solve Africa’s power problem
As of 2014, only 45 percent of Africa’s population had access to power supply, according to World Energy Outlook. A World Bank report puts the figure at 46.9. An analysis of WEO’s figure shows that 71 percent of the continent’s population had access to power while a paltry 28 percent of its rural dwellers could…
Nigeria, China sign currency swap deal
China’s central bank said Thursday that it has inked a currency swap agreement with its counterpart in Nigeria. The agreement will allow the two sides to swap a total of 15 billion Chinese yuan (2.35 billion dollars) for 720 billion Nigerian naira, or vice versa, in the next three years, the People’s Bank of China…
China's foreign minister to visit North Korea this week
Chinese Foreign Minister Wang Yi will visit North Korea this week, his office said Monday, days after the leaders of the two Koreas held a landmark summit.