Tag: china

China will give information on Kim Jong Un visit rumors ‘in due course’

BEIJING, China (AFP) — China said on Tuesday it would release information on rumors that Kim Jong Un or another high-level North Korean official paid a visit to Beijing “in due course.” Chinese foreign ministry spokeswoman Hua Chunying told a regular briefing she had “no information for the moment. Information will be published in due course.” © Agence France-Presse

Train thought to carry N. Korea official leaves Beijing station: Kyodo

TOKYO, Japan (AFP) — A train thought to be carrying a senior North Korean official left Beijing station Tuesday, Japan’s Kyodo News reported, with speculation rife that the North’s leader Kim Jong Un was making a surprise visit. It was not clear if Kim was aboard, Kyodo added, after the reported arrival Monday from Pyongyang of a special train met in Beijing by an honor guard. © Agence France-Presse

Asian markets surge on receding trade war fears, ‘Kim visit’

HONG KONG, China (AFP) — A wave of optimism flowed across Asian markets on Tuesday, tracking a surge on Wall Street, as fears of a US-China trade war receded. Speculation that Kim Jong Un was on a surprise, secret visit to Beijing also lifted spirits — and the South Korean won — as the North Korean leader prepares for possible nuclear talks with Donald Trump. The gains on all markets chipped away at the sharp […]

Top North Korean official apparently in China: reports

BEIJING, China (AFP) — Japanese media reported on Monday that a train possibly carrying a high-level official from North Korea has arrived in Beijing, sparking speculation that the country’s leader, Kim Jong Un, may have been aboard. The Kyodo news agency, citing unidentified sources close to the matter, said the visit — if confirmed that it was a North Korean official — would likely be to improve ties between North Korea and China. Kim has […]

Dominguez to BoC: Set up “data arrangements” with 3 PHL trade partners to curb smuggling

(Eagle News) – Finance Secretary Carlos Dominguez III has ordered Bureau of Customs officials (BoC) to “set up data arrangements” with three more of the country’s top trading partners in a bid to curb smuggling. In a statement on Monday, the Department of Finance said Dominguez made the directive for the BoC to establish the system with South Korea, Japan, and the United States during a recent executive meeting. The Finance chief said that in particular, […]

Asian markets suffer fresh losses on trade war fears

HONG KONG, China (AFP) — Asian markets extended last week’s worldwide plunge as investors fret that Donald Trump’s controversial tariffs on $60 billion of Chinese goods will spark a trade war that would hammer the global economy. The US move to impose levies, claiming China is breaching intellectual property rights, sparked a rout of equities across the world, while China warned it was “not afraid of a trade war”. US Treasury Secretary Steve Mnuchin said […]

Pentagon looks to counter ever-stealthier warfare

  by Sylvie Lanteaume Agence France Presse WASHINGTON, United States (AFP) — The US military has for years enjoyed a broad technological edge over its adversaries, dominating foes with superior communications and cyber capabilities. Now, thanks to rapid advances by Russia and China, the gap has shrunk, and the Pentagon is looking at how a future conflict with a “near-peer” competitor might play out. Air Force Secretary Heather Wilson recently warned that both Russia and […]

Top Chinese, US officials to continue trade talks: Xinhua

BEIJING, China (AFP) — China’s top economic official Liu He spoke by phone with US Treasury Secretary Steven Mnuchin on Saturday and “agreed to continue to communicate” on trade issues, the official Xinhua news agency said. The call came at a time of heightened tensions after US President Donald Trump on Thursday authorized tariffs on as much as $60 billion of Chinese imports, targeting sectors in which Washington says Beijing has stolen American technology. Liu He, […]

China threatens US with tariffs, says it is ‘not afraid of trade war’

by Laurent Thomet with Douglas Gillison in Washington Agence France Presse BEIJING, China (AFP) — China warned the United States on Friday that it was “not afraid of a trade war” as it threatened tariffs on $3 billion worth of US goods in retaliation over President Donald Trump’s moves against Chinese imports. Beijing unveiled a hit list of products that could face duties of up to 25 percent, from fresh fruit to pork and wine, […]

Trump unveils new tariffs punishing China for ‘theft’ of American tech

by Douglas Gillison Agence France Presse WASHINGTON, United States (AFP) — US President Donald Trump on Thursday hit China with tariffs on up to $60 billion of imports to retaliate against the “theft” of American intellectual property, ratcheting up trade tensions between the world’s two largest economies. The move was swiftly denounced by Beijing, which vowed to “fight to the end” if the United States persisted in the confrontation. The latest trade action sent stocks […]

China vows to respond to US tariffs with ‘necessary measures’

BEIJING, China (AFP) — China warned on Thursday that it was ready to retaliate as US President Donald Trump prepared to announce sanctions against Beijing for the “theft” of intellectual property. “China will not sit idly by and let its legitimate rights and interests be harmed, and will certainly take all necessary measures to resolutely defend its legitimate rights and interests,” the commerce ministry said in a statement. © Agence France-Presse

China, PHL agree ‘prudent’ cooperation on joint sea exploration

BEIJING, China (AFP) — China and the Philippines said Wednesday they will cautiously proceed with discussions on joint oil and gas exploration in the South China Sea, further reversing years of tensions over their competing claims to the region. The two states have long been embroiled in a bitter dispute over the waterway — with China claiming nearly the entire sea — but President Rodrigo Duterte has in recent years softened his predecessors’ policy of […]