Tag: China

• Monday, April 29th 2019 - 09:57 UTC

  Guaidó ambassadors will try to win the support from Russia and China

  

  Ambassadors designated by Juan Guaido, the Venezuelan opposition leader recognized by most Western nations as the country's president, have met in Colombia to discuss how to win the support of China and Russia, staunch allies of President Nicolas Maduro.

• Monday, April 29th 2019 - 09:23 UTC

  Xi hails success of the Belt and Road Initiative summit, but skepticism remains

  

  President Xi Jinping hailed deals worth more than US$64 billion signed during China's Belt and Road Initiative (BRI) this week as he sought to reassure skeptics the project will deliver sustainable growth for all involved.

• Saturday, April 27th 2019 - 09:46 UTC

  Leak scandal rocks UK government over decision to allow China's Huawei develop the 5G network

  

  Britain's splintered government was rocked on Friday by a growing scandal over who leaked news that Prime Minister Theresa May has conditionally allowed Chinese giant Huawei to develop the UK 5G network.

• Saturday, April 27th 2019 - 09:30 UTC

  Piñera in Beijing business forum invites Chinese companies to invest in Chile

  

  Chilean President Sebastian Piñera kicked off an investment forum in Beijing this week with an invitation for China to use Chile as a jumping off point to do business in Latin America, even as Washington has warned Chile to proceed with caution.

• Friday, April 26th 2019 - 10:29 UTC

  Brazilian Vice-president on a ten day visit to China next May 16

  

  Brazil’s Vice President Hamilton Mourao will travel to China on May 16, staying for 10 days with stops in Beijing and Shanghai. Mourao, a former general who is seen as a moderate in the far-right government of Jair Bolsonaro, has recently become embroiled in a nasty war-of-words with the president’s sons, who are both influential lawmakers.

• Friday, April 26th 2019 - 10:22 UTC

  Xi pledges China an end to export subsidies and no competitive devaluation of the Yuan

  

  Chinese President Xi Jinping vowed Friday (Apr 26) to abolish subsidies to firms that impede fair competition - addressing a major bone of contention in US trade talks. Xi repeated past promises to lower tariffs, increase imports and open up more sectors of China's economy to foreign businesses.

• Friday, April 26th 2019 - 08:19 UTC

  China tells the world that its major Belt and Road Initiative “is not an exclusive club”

  

  Chinese President Xi Jinping sought on Friday to ease growing concerns about his ambitious Belt and Road Initiative, vowing to prevent debt risks and saying his global infrastructure project “is not an exclusive club”.

• Thursday, April 25th 2019 - 09:28 UTC

  Xi receives Piñera, praises Chile and calls for a pragmatic cooperation

  

  China and Chile should connect their development strategies and promote interconnectivity between Chile and other Latin American countries, President Xi Jinping said on Wednesday.

• Thursday, April 25th 2019 - 08:37 UTC

  UK approves “non-core” Huawei 5G data network despite warnings of security risk

  

  The UK government has approved the supply of equipment by Chinese telecoms firm Huawei for the UK's new 5G data network despite warnings of a security risk. There is no formal confirmation but the Daily Telegraph says Huawei will build “non-core” components such as antennas.

• Thursday, April 25th 2019 - 08:09 UTC

  Closer ties between China and the Development Bank of Latin America

  

  The head of a top Latin American financial institution believes China's Belt and Road Initiative, or BRI, could help inject new dynamism into the world economy, as well as generate new ideas to foster more connectivity between Asia and Latin America. Luis Carranza Ugarte, executive president and CEO of CAF－Development Bank of Latin America－is attending the second Belt and Road Forum for International Cooperation in Beijing this week.