Beijing-owned Air China airline has ended flights to the capital of North Korea Pyongyang, due to a lack of passenger demand. Flights were “temporarily suspended due to unsatisfactory business operations,” said an Air China employee.
China and Chile have agreed to upgrade their free trade agreement (FTA), a move that will boost both economies, a former official of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) said.
President Donald Trump has said he does not blame China for the “unfair” trade relationship between the countries, despite long railing against the economic imbalance. Speaking in Beijing, he gave China “credit” for working to benefit its citizens by taking advantage of the US.
United States president Donald Trump told Chinese President Xi Jinping on Thursday that he believes, like Xi, that a solution can be found to the North Korean nuclear issue, a day after warning Pyongyang of the grave danger of developing nuclear weapons.
Brazil is expected to win a larger share of China’s soybean imports in coming months, hitting U.S. exporters during the peak marketing season for their most valuable farm product as the world grapples with a fifth consecutive bumper crop.
President Xi Jinping has unveiled a new slate of top leaders that shows he reigns supreme in the Chinese Communist Party (CCP). He not only placed people loyal to him in key positions, but also defied convention in not naming potential successors to the party's top decision-making body, the seven-member Politburo Standing Committee (PSC).
Chinese President Xi Jinping on Wednesday unveiled the new lineup of the ruling Communist Party highest body, whose members will rule alongside him as he embarks on a second five-year term as party leader with an agenda to spread prosperity and expand the global influence of the world's second largest economy.
China has entered a new era where it should take centre stage in the world, President Xi Jinping says. The country's rapid progress under socialism with Chinese characteristics shows there is a new choice for other countries, he told the Communist Party congress.
China's credit rating has been downgraded by Standard & Poor's (S&P) because of worries over the rapid buildup of debt in the country. S&P cut China's rating by one notch from AA- to A+, saying its debts had raised economic and financial risks.
Brazilian aeronautical company Embraer plans to analyze the possibility of building a factory in China to manufacture jet aircraft for the commercial aviation segment, the company’s chief executive said.