Tag: China

Saturday, March 30th 2019 - 08:08 UTC
Huawei sales top US$ 100bn despite US campaign on fears of security threat

Chinese telecoms giant Huawei said revenues topped US$ 100bn in 2018 despite a US-led campaign against the business on fears it poses a security threat. The firm said revenue for 2018 hit 721.2bn yuan (US$ 107bn), while net profit jumped 25% to 59.3bn yuan.
Saturday, March 30th 2019 - 07:09 UTC
Argentina lawmakers want closer oversight of Chinese space tracking station in Patagonia

Argentine lawmakers have proposed legislation to boost oversight of a Chinese space tracking station that has stirred unease among local residents, fueled conspiracy theories and sparked concerns amongst critics about its true intent.
Friday, March 29th 2019 - 09:18 UTC
New round of trade talks in Beijing. China offers greater access to its financial market

United States Treasury Secretary Steven Mnuchin said on Friday he had a “productive working dinner” the previous night in Beijing, kicking off a day of talks aimed at resolving the bitter trade dispute between the world's two largest economies.
Thursday, March 28th 2019 - 09:11 UTC
Uruguay supports China's candidate as next FAO Director General

Uruguay formally announced it will support China's Agriculture and Rural Affairs deputy minister as the next Director-General of FAO to be elected June 2019. The official statement was made by Uruguay's foreign minister Rodolfo Nin Novoa during a meeting with China's Deputy Prime Minister Hu Chunhua in Montevideo.
Thursday, March 28th 2019 - 08:45 UTC
Trump calls on Russia to pull its troops from Venezuela; Guaido's wife meets Trump and Pence at White House

U.S. President Donald Trump on Wednesday called on Russia to pull its troops from Venezuela and said that “all options” were open to make that happen. The arrival of two Russian air force planes outside Caracas on Saturday believed to be carrying nearly 100 Russian special forces and cyber-security personnel has escalated the political crisis in Venezuela.
Wednesday, March 27th 2019 - 08:47 UTC
China orders 300 jets from Airbus during Xi's visit to Paris

Airbus has secured an order from China for 300 jets, in a deal estimated to be worth tens of billions of dollars. An agreement to purchase A320 and A350 XWB aircraft was signed during a visit by Chinese President Xi Jinping to Paris.
Tuesday, March 26th 2019 - 08:40 UTC
Land Rover beats Chinese auto industry copies in Beijing court

Jaguar Land Rover has won a legal case to prevent a Chinese car brand from selling a copycat vehicle, ending a three-year court battle. In 2016 the UK-based carmaker sued Jiangling Motor Corporation over its Landwind X7 sport utility vehicle, which the company claimed bore an extremely similar resemblance to the Range Rover Evoque.
Monday, March 25th 2019 - 08:30 UTC
US/China face to face trade talks to continue in Beijing this week

US officials plan to travel to China next week to resume face-to-face talks aimed at ending a trade war between them, the White House has confirmed. And Chinese officials will travel to the US for further talks in Washington in early April.
Sunday, March 24th 2019 - 08:15 UTC
Italy joins China's Silk Road project: Europe Union, Nato and G7 rattled

Italy has become the first developed economy to sign up to China's global investment program which has raised concerns among Italy's Western allies. A total of 29 deals amounting to €2.5bn were signed during Chinese President Xi Jinping's visit to Rome.
Saturday, March 23rd 2019 - 09:24 UTC
IADB annual meeting cancelled after China refused to allow a Venezuelan opposition representative attend

The Inter-American Development Bank on Friday called off next week’s meeting of its 48 member countries in China after Beijing refused to allow a representative of Venezuelan opposition leader Juan Guaido to attend.