Tag: China

Saturday, March 23rd 2019 - 08:45 UTC
Italy establishing closer links with China, plans to sign Silk Road project

Chinese President Xi Jinping arrived in Rome at the start of a whistle stop European tour amid growing Western unease over the economic giant's new Silk Road project. Prime Minister Giuseppe Conte is to sign a memorandum of understanding with Mr. Xi on Saturday for Italy to join the US$1 trillion Belt and Road Initiative, the first G7 member to do so.
Thursday, March 21st 2019 - 09:20 UTC
US markets drop following on Trump's remarks about trade talks with China

US stocks have fallen after President Donald Trump said his administration was considering leaving tariffs on China for a “substantial period”. Mr. Trump said that a trade deal with Beijing was “coming along nicely”, but his comments dampened hopes a deal would be reached soon. US negotiators are due to visit China next week to resume talks.
Wednesday, March 20th 2019 - 10:20 UTC
Trump warns GM: “close a plant in China or Mexico and bring jobs home!”

President Donald Trump is escalating his pressure on General Motors, as he calls for the company to reopen an Ohio manufacturing plant.
Monday, March 18th 2019 - 08:36 UTC
Chinese president Xi on state visits to Italy , Monaco and France

Chinese President Xi Jinping will travel to Italy, Monaco and France this week, the foreign ministry said on Monday, with Rome expected to join his global trade infrastructure program despite reservations in other European countries.
Monday, March 18th 2019 - 08:24 UTC
US seizes pork shipments from China fearing contagion of African swine flu disease

U.S. border agents have seized around 1 million pounds of pork from China, a spokesman for the agency said on Friday, over suspicions that it might contain African swine flu disease which has hit Chinese pork output. Federal agents have seized the supplies over the past week in New York.
Saturday, March 16th 2019 - 09:56 UTC
China and Argentina resume talks for the construction of a nuclear power plant

A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signaling possible progress in a deal that could increase Beijing’s deepening influence in Argentina. Accordingly, the “technical team” from China would meet local suppliers about the long-stalled nuclear power plant project, reportedly worth up to US$8 billion.
Friday, March 15th 2019 - 09:04 UTC
China approves foreign investment law hopefully to improve relations with US

China's rubber-stamp parliament approved a foreign investment law on Friday that was fast-tracked and may serve as an olive branch in trade talks with the United States. The legislation aims to address long-running grievances from foreign businesses, but the US and European chambers of commerce have voiced concerns that they were not given enough time to give their input.
Thursday, March 14th 2019 - 09:46 UTC
China's industrial growth output fell to a 17-year low in Jan/Feb

Growth in China’s industrial output fell to a 17-year low in the first two months of the year, pointing to further weakness in the world’s second-biggest economy that is likely to trigger more support measures from Beijing.
Thursday, March 14th 2019 - 07:53 UTC
Beijing offers to help Venezuela restore its power grid

China offered on Wednesday to help Venezuela restore its power grid after President Nicolas Maduro accused U.S. counterpart Donald Trump of cyber “sabotage” that plunged the South American country into its worst blackout on record.
Tuesday, March 12th 2019 - 11:33 UTC
FAA says Boeing 737MAX8 model is airworthy but US Transport Secretary calls for “appropriate action”

The US Federal Aviation Administration has told airlines it believes Boeing's 737 Max 8 model to be airworthy, after two fatal crashes inside six months. An Ethiopian Airlines plane en route from Addis Ababa to Nairobi crashed six minutes after take-off on Sunday, killing all 157 people on board. The incident followed Lion Air 737 Max 8 crash in October that killed 189.