Tag: Beijing

• Sunday, November 18th 2018 - 15:19 UTC

  Key Chinese nuclear weapons developer dies aged 100

  

  Cheng Kaijia, the nuclear physicist behind China's nuclear weapons programme, has died in Beijing at the age of 100, it was reported Saturday.

• Saturday, November 10th 2018 - 09:16 UTC

  Argentina's central bank almost doubles currency swap with China

  

  Argentina’s central bank said it would nearly double its currency swap deal with China, bringing the total to 130 billion Yuan (US$ 18.7 billion), as Beijing looks to expand its influence in the recession-struck country. Central Bank President Guido Sandleris, who was in China finalizing the agreement, said that the deal for 70 billion Yuan would be expanded by 60 billion Yuan, according to a bank spokesman.

• Wednesday, November 7th 2018 - 08:43 UTC

  US and China agree to a top level meeting next Friday to ease bitter disputes

  

  The United States and China will hold a delayed top-level security dialogue on Friday, the latest sign of a thaw in relations, as China’s vice president said Beijing was willing to talk with Washington to resolve their bitter trade dispute.

• Saturday, November 3rd 2018 - 08:01 UTC

  Booming US economy sees September trade deficit reach it highest in seven months

  

  A hungry American economy powered by a strong U.S. dollar saw record imports in September, driving the U.S. trade deficit to its highest level in seven months, the government reported on Friday.

• Thursday, October 18th 2018 - 08:24 UTC

  Despite grumblings, US refrains from labeling China a “currency manipulator”

  

  United States has refrained from labeling China a “currency manipulator” in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.

• Tuesday, October 16th 2018 - 08:23 UTC

  US warns Central America to be cautious about relations with Beijing

  

  US Vice President Mike Pence warned Central American nations to be cautious when building relations with China, which has been increasingly active in the region. Amid mounting tensions between the United States and China, Pence brought up ties with Beijing as he met in Washington with leaders of El Salvador, Guatemala and Honduras as well as Mexico's foreign secretary.

• Tuesday, October 9th 2018 - 08:20 UTC

  China injects more liquidity to lower financing costs and prop the economy

  

  China's central bank announced a steep cut in the level of cash that banks must hold as reserves, stepping up moves to lower financing costs and spur growth amid concerns over the economic drag from an escalating trade dispute with the United States.

• Monday, October 1st 2018 - 08:56 UTC

  Beijing currency swap support for Argentina

  

  Argentina has “nearly closed” a new currency swap deal with China that will add the equivalent of US$ 9 billion to the South American country’s reserves, the central bank said on Sunday. Argentina and China first agreed to a swap program in 2009 to boost the South American country’s dwindling reserves under former President Cristina Fernandez. Last year, the center-right government of President Mauricio Macri and China agreed to extend the program for three more years.

• Wednesday, September 26th 2018 - 09:11 UTC

  Conciliatory message from Beijing to the Trump administration as bitter trade war increases

  

  China and the United States can compete but should not view each other with a Cold War mentality and should avoid falling into a zero-sum game trap, the Chinese government's top diplomat said, amid deteriorating ties between the superpowers.

• Wednesday, September 26th 2018 - 08:37 UTC

  Pope says he will appoint Chinese bishops, following on the Beijing/Vatican accord

  

  Pope Francis on Tuesday defended a landmark deal between the Vatican and China on the appointment of bishops, saying he, and not the Beijing government, will have the final say on who is named. In his first public comments on the deal signed in Beijing on Saturday, he told reporters on the plane returning from a trip to the Baltics that while he realizes not everyone will understand the logic behind the agreement, he was confident in the “great faith” of Chinese Catholics.