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HONG KONG, China (AFP) — Asian markets mostly fell Tuesday following a sharp retreat on Wall Street fueled by increasing worries about the global economy, while investors await the Federal Reserve policy meeting this week. A much-anticipated speech by President Xi Jinping left investors crestfallen as they had been hoping for comments about stimulus or even clues about possible reforms to China’s economy and plans for the next year. After a broadly upbeat start to […]
BEIJING, China (AFP) — President Xi Jinping vowed Tuesday to push ahead with China’s “reform and opening up” but warned that no one can “dictate” what it does, as the Communist Party celebrated the policy’s 40th anniversary. “No one is in a position to dictate to the Chinese people what should or should not be done,” Xi said as China faces a stern challenge from the United States over trade and diplomacy. © Agence France-Presse
by Laurent THOMET Agence France Presse BEIJING, China (AFP) — China celebrates Tuesday the 40th anniversary of its transformative “reform and opening up” policy, which turned the world’s most populous country into an economic juggernaut that now faces slowing growth and a stern US challenge. The brainchild of late paramount leader Deng Xiaoping, the programme was ratified at a Communist Party conclave on December 18, 1978, breaking with the chaotic policies of his predecessor, Chairman […]
BEIJING, China (AFP) — China announced Friday it will suspend extra tariffs added to US-made cars and auto parts for three months starting on January 1 as part of the trade war truce with the United States. Beijing raised tariffs on American-made cars and auto parts this summer by 25 percent in retaliation for US tariffs on $50 billion of Chinese goods. “Suspension of the tariffs is a concrete measure to implement the consensus reached […]
by Jacques LEMIEUX Agence France Presse MONTREAL, Canada (AFP) — The arrest of a top Chinese tech executive at the request of the US has snared Canada in the middle of a major international dispute involving Beijing and Washington. Ottawa confirmed on Thursday that China had detained two Canadian nationals under what Beijing has said is suspicion of threatening its national security. That came nearly two weeks after the arrest in Vancouver of Meng Wanzhou, […]
DENPASAR, Indonesia (AFP) — Five foreigners have been arrested in Bali for drug trafficking, authorities said Thursday, with a German and Peruvian possibly facing execution if convicted under Indonesia’s strict drug laws. The accused smugglers — also including a Chinese, a Malaysian and a Briton — were arrested separately over the past two weeks, Bali police said. The arrests come less than a month after the first member of the Bali Nine heroin-trafficking gang […]
WASHINGTON, United States (AFP) — The United States said Wednesday that China was behind the massive hack of data from hotel giant Marriott, part of an ongoing global campaign of cyber-theft run by Beijing. Secretary of State Mike Pompeo confirmed to Fox News’ “Fox & Friends” program that the government believes China masterminded the Marriott data theft. “They have committed cyber attacks across the world,” he told the show. “We consider them a strategic competitor. […]
OTTAWA, Canada (AFP) — Foreign Minister Chrystia Freeland said Wednesday a second Canadian was being questioned by China, after Beijing earlier this week notified Ottawa it had detained a former Canadian diplomat. “We are aware of a Canadian who got in touch with us because he was being asked questions by Chinese authorities,” Foreign Minister Chrystia Freeland told a press conference. Freeland offered few details, but added her ministry had not been able to make […]
by Jenny Vaughan and Tran Thi Minh Ha Agence France Presse MEO VAC, Vietnam (AFP) — Vu Thi Dinh spent weeks scouring the rugged Vietnamese borderland near China after her teenage daughter vanished with her best friend, clutching a photo of the round-faced girls now feared sold as child brides. The anguished mother showed everyone she met the snap of the 16-year-old friends Dua and Di in white and red velvet dresses, the words “Falling […]
by Deborah JONES / with Michel Comte in Ottawa and Laurent Thomet in Beijing Agence France-Presse VANCOUVER, Canada (AFP) — A Canadian court has granted bail to a top Chinese telecom company executive wanted in the United States, as diplomatic tensions turned to the detention of a former Canadian diplomat in Beijing. Meng Wanzhou, the chief financial officer of Huawei, was released on Can$10 million (US$7.5 million) bail on Tuesday in a case that has […]
by Heather SCOTT Agence France Presse WASHINGTON, United States (AFP) — American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest medical supply company is considering shipping production overseas amid growing uncertainty. Surveys of US business and consumer sentiment continued to show economic optimism going into next year but cracks are beginning to form — in the United States and around the world — with […]
OTTAWA, Canada (AFP) — A Canadian, believed to be a former diplomat, has been detained in China, prompting concern in Ottawa and Washington, as Beijing fumes over the arrest of a senior technology executive. “We are aware of the situation of a Canadian detained in China. We have been in direct contact with the Chinese,” Prime Minister Justin Trudeau told reporters, adding that Ottawa was taking his arrest “very seriously.” The International Crisis Group earlier […]
