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HONG KONG, China (AFP) — Hong Kong stocks finished a painful week on a positive note Friday but investors remain on edge about a possible trade war between China and the United States. The Hang Seng Index rose 0.15 percent, or 42.65 points, to close at 29,338.70, sinking 3.18 percent over the week. The benchmark Shanghai Composite Index gained 0.49 percent, or 13.95 points, to 2,889.76 but it lost 4.37 percent over the week. The […]
by Becky Davis Agence France Presse BEIJING, China (AFP) — Kim Jong Unwrapped up Wednesday his third visit to China this year, declaring North Korea’s unstinting “friendship” with Beijing in a show of loyalty to his main ally following a landmark summit with US President Donald Trump. The two-day visit was designed to reassure Beijing that Pyongyang will not neglect its interests as Trump and the young autocrat move into uncharted diplomatic terrain. The performance […]
by Becky Davis © Agence France-Presse BEIJING, China (AFP) — Kim Jong Un declared North Korea’s unstinting “friendship, unity and cooperation” with Beijing during his third visit to China this year, in a show of loyalty to his main ally following a landmark summit with US President Donald Trump. The two-day visit which ends Wednesday is designed to reassure Beijing that Pyongyang will not neglect its interests as Trump and the young autocrat move into […]
by Ryan Mcmorrow © Agence France-Presse BEIJING, China (AFP) — Beijing on Tuesday accused Donald Trump of “blackmail” and warned it would retaliate in kind after the US president threatened to impose fresh tariffs on Chinese goods, pushing the world’s two biggest economies closer to a trade war. Trump said on Monday he had asked the US Trade Representative to target $200 billion worth of imports for a 10 percent levy, citing China’s “unacceptable” move to raise […]
BEIJING, China (AFP) — North Korean leader Kim Jong Un is making a two-day visit to Beijing, Chinese state media reported Tuesday, a week after his unprecedented summit with US President Donald Trump. The outing comes as China has sought to strengthen its role as a mediator between the US and North Korea, where Beijing claims compelling security and economic interests. Dozens of security vans, police cars and armoured vehicles lined streets around Beijing’s Diaoyutai State […]
BEIJING, China (AFP) — North Korean leader Kim Jong Un is visiting China on Tuesday and Wednesday, state broadcaster CCTV said, a week after his unprecedented summit with US President Donald Trump. CCTV did not say whether Kim had arrived in Beijing, but security lined the freeway leading to the city’s airport Tuesday morning as authorities prepared for his arrival. The trip will be Kim’s third to China since March, when he made his inaugural foreign […]
WASHINGTON, United States (AFP) — The US Senate defied President Donald Trump by voting Monday to overrule his administration’s deal with Chinese telecom firm ZTE and reimpose a ban on high-tech chip sales to the company. Senators added an amendment targeting ZTE into a sweeping, must-pass national defense spending bill that cleared the chamber on an 85-10 vote. The company has been on life support ever since Washington said it had banned US companies from selling […]
WASHINGTON, United States (AFP) — US President Donald Trump escalated a growing trade war with China by unveiling plans Monday to impose 10 percent tariffs on an additional $200 billion worth of Chinese goods. With the world’s two largest economies already engaged in a confrontation long feared by markets and industry, Trump said he was pushing forward with fresh punitive measures over Beijing’s “unacceptable” move to raise its own tariffs. “Further action must be taken to […]
BEIJING, China (AFP) — China vowed Friday to “immediately” retaliate to US tariffs as Washington moved closer to imposing duties that could trigger a trade war. “If the US side adopts unilateral protectionist measures and damages China’s interests, we will immediately react and take necessary measures to firmly safeguard our legitimate rights and interests,” said foreign ministry spokesman Geng Shuang during a regular news briefing. US President Donald Trump is due to unveil later Friday […]
by Douglas Gillison © Agence France-Presse WASHINGTON, United States (AFP) — President Donald Trump on Friday was due to unveil a final list of Chinese imports that would face punishing tariffs but it remained uncertain whether he would hold fire as part of a negotiating strategy. Imposing the tariffs would escalate the trade confrontation with Beijing, and potentially set off a round of tit-for-tat retaliation, which economists warn would damage the global economy. The deadline […]
(Eagle News) — Malacanang has said it is already “taking pro-active measures” to address the problem of Filipino fishermen and Chinese Coast Guard as it noted that the Chinese ambassador to the Philippines and the Department of Foreign Affairs have also been talking about the issue. Presidential Spokesperson Harry Roque said that the Philippine government has officially relayed the problem to the Chinese government to address this issue, and provide solutions, including possible sanctions […]
BEIJING, China (AFP) — China on Tuesday praised the summit between US President Donald Trump and North Korean leader Kim Jong Un as historic and called for “full denuclearisation” to resolve tensions on the Korean peninsula. The fact that the two leaders “can sit together and have equal talks has important and positive meaning, and is creating a new history,” Chinese Foreign Minister Wang Yi told reporters. “The crux of the peninsula nuclear issue is […]
