Tag: China

Monday, May 25th 2020 - 20:52 UTC
China open to the identification of the source of coronavirus, but “free of political interference”

China is “open” to international cooperation to identify the source of the novel coronavirus but any investigation must be “free of political interference”, China's foreign minister said on Sunday. Wang Yi blasted what he called efforts by US politicians to “fabricate rumors” about the pathogen's origins and “stigmatize China”.
Monday, May 25th 2020 - 07:46 UTC
Virology institute in Wuhan admits having live strains of bat coronavirus but “do not match with the current outbreaks”

The Chinese virology institute in the city where COVID-19 first emerged has three live strains of bat coronavirus on-site, but none match the new contagion wreaking chaos across the world, its director has said.
Saturday, May 23rd 2020 - 09:49 UTC
Restrictions on Chinese air carriers flying to US unless there is reciprocity

The US government on Friday accused the Chinese government of making it impossible for US airlines to resume service to China and ordered four Chinese air carriers to file flight schedules with the US government. The administration of President Donald Trump stopped short of imposing restrictions on Chinese air carriers but said talks with China had failed to produce an agreement.
Friday, May 22nd 2020 - 08:41 UTC
Oil prices slump after China omits 2020 economic growth target

Oil prices slumped on Friday after China's decision to omit an economic growth target for 2020 renewed concerns that the fallout from the coronavirus pandemic will continue to depress fuel demand in the world's second-largest oil user.
Friday, May 22nd 2020 - 07:25 UTC
China plans to increase 6,6% defense spending in fiscal year

China's defense spending this year will rise 6.6% from 2019, according to a report issued at the opening of the country's annual meeting of parliament on Friday, a slower rate than last year.
Thursday, May 21st 2020 - 08:29 UTC
US Senate votes a bill targeting Chinese companies' opacity in US exchanges

The U.S. Senate passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they follow standards for U.S. audits and regulations.
Thursday, May 21st 2020 - 08:25 UTC
Trump accuses China of “mass worldwide killing” because of its “incompetence”

US President Donald Trump on Wednesday again lashed out at China over the coronavirus pandemic, blaming Beijing for “mass Worldwide killing.” His morning tweet, which also referred to an unidentified “wacko in China,” was the latest heated rhetoric from the White House, where Trump is making attacks on Beijing a centerpiece of his November re-election bid.
Tuesday, May 19th 2020 - 08:53 UTC
WHO admits an independent probe into the coronavirus management; China pledges US$ 2 Billion

The World Health Organization bowed to calls on Monday from most of its member states to launch an independent probe into how it managed the international response to the coronavirus, which has been clouded by finger-pointing between the U.S. and China over a pandemic that has killed over 300,000 people and leveled the global economy.
Tuesday, May 19th 2020 - 08:02 UTC
China slaps 80% tariff on Australian barley alleging subsidies and dumping

Australia is “disappointed” China has imposed massive tariffs on its barley and will consider taking the dispute to the World Trade Organization, the country's agriculture minister said on Tuesday.
Tuesday, May 19th 2020 - 07:58 UTC
Brazilian agribusiness exports to China booming

In the first four months of this year, Brazilian agribusiness exports totaled US$31.40 billion, marking a 5.9% increase year-on-year. The growth of agribusiness exports resulted in an increase in volumes 11.1%, while the index price suffered a drop of 4.7%.