Tag: china

Trump to announce China trade sanctions on Thursday

WASHINGTON, United States (AFP) — President Donald Trump is poised to unveil sanctions against China for the “theft” of US intellectual property Thursday, a White House official said, teeing up a second potential trade war in as many months. Spokesman Raj Shah told AFP that Trump will announce actions following an “investigation into China’s state-led, market-distorting efforts to force, pressure, and steal US technologies and intellectual property.” Beijing has already warned the Trump administration against the move, urging […]

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Empowered Xi says China ready to fight ‘bloody battle’

by Laurent Thomet and Ryan McMorrow Agence France Presse BEIJING, China (AFP) — President Xi Jinping delivered a blistering nationalist speech on Tuesday, warning against any attempts to split China and touting the country’s readiness to fight “the bloody battle” to regain its rightful place in the world. Xi’s address capped an annual session of the National People’s Congress that paved the way for him to rule for life, as China’s most powerful leader since […]

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China promotes foreign minister, names new defense chief

BEIJING, China (AFP) — China on Monday elevated the status of its current foreign minister and selected a new defense minister as the country deals with rocky relations with the United States and expands its military. The rubber-stamp National People’s Congress endorsed the appointment of Foreign Minister Wang Yi, 64, as state councilor, making him a ranking member of the country’s “cabinet.” He replaces Yang Jiechi, China’s former top diplomat, who was tipped for a […]

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Xi applauds Putin re-election, hails ‘best level’ ties

BEIJING, China (AFP) — Chinese President Xi Jinping on Monday congratulated Russian counterpart Vladimir Putin on his re-election, saying Beijing was willing to work with Moscow to bring ties to a “higher level.” Putin won in a landslide on Sunday, one day after China’s parliament unanimously re-appointed Xi to a second term. Xi has drawn a comparison with Putin as the Chinese leader has consolidated power and gained a path to indefinite rule after the […]

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China widens Xi’s corruption crackdown

  by Ryan Mcmorrow © Agence France-Presse BEIJING, China (AFP) — Millions of Chinese public sector workers will be exposed to the harsh policing tactics of the Communist Party as President Xi Jinping brings his corruption crackdown to China’s sprawling bureaucracy. The campaign to clean up the party’s pervasive corruption has arguably been Xi’s most popular initiative, pressuring its 89 million members to toe the line — with more than 1.5 million officials punished in the […]

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Xi gets second term with powerful ally as VP

By  Laurent Thomet and Ryan McMorrow Agence France Presse China’s parliament unanimously handed President Xi Jinping a second term Saturday and elevated his right-hand man to the vice presidency, giving him a strong ally to consolidate power and handle US trade threats. Xi’s reappointment by the Communist Party-controlled legislature was a foregone conclusion, but all eyes had been on whether his former anti-corruption enforcer, Wang Qishan, would become his deputy. The National People’s Congress has […]

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Asian markets mixed after week of fluctuation

HONG KONG, China (AFP) — Asian investors remained on edge Friday as the curtain came down on another volatile week for markets with fears of a global trade war playing off against a positive economic outlook. Investors have swung from optimism to pessimism since last week’s controversial move by Donald Trump to throw up tariffs on imports of some metals, with the removal of his moderate secretary of the state adding to the unease. However, […]

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China to see driverless cars “in 3 to 5 years” — Baidu

BEIJING, China (AFP) — Self-driving cars will hit the roads in China “within three to five years,” the founder of Chinese internet giant Baidu, one of the world’s leading designers of driverless cars, said Thursday. That is a lot sooner than predicted by China’s information technology minister, who last week said it would only be a reality in 8-10 years, citing constraints related to security. “I’m more optimistic than him, I think it will come […]

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North Korean foreign minister heads to Sweden

BEIJING, China (AFP) — North Korea’s foreign minister flew into Beijing on Thursday, en route to Sweden which represents US interests in Pyongyang and could play a role in setting up a proposed summit between Donald Trump and Kim Jong Un. China’s foreign ministry confirmed reports that Ri Yong Ho was transiting through the Chinese capital on his way to the Scandinavian country. Foreign ministry spokesman Lu Kang told a regular press briefing that he […]

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Justice Carpio proposes “institutional approach” to protect PHL marine resources

  (Eagle News) – There should be a government agency or authority that is solely dedicated to planning and thinking of ways on how to protect and preserve the country’s marine resources, including those in the disputed waters of the South China Sea. This was what Acting Chief Justice Antonio Carpio proposed as he answered questions after his special lecture on the West Philippine Sea in New Era University in Quezon City on Friday, March […]

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China hopes Tillerson firing won’t affect N. Korea talks

BEIJING, China (AFP) — China voiced hope on Wednesday Donald Trump’s sudden firing of Secretary of State Rex Tillerson will not impact bilateral relations or planned talks between the US president and North Korea’s leader. Beijing is believed to have a positive assessment of Tillerson, who was seen as a light touch in contrast to Trump’s “good cop, bad cop” routine of slamming Beijing on Twitter while simultaneously flattering its leadership in person. “We hope […]

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Hong Kong airline Cathay Pacific sees annual loss, outlook upbeat

HONG KONG, China (AFP) — Hong Kong flag carrier Cathay Pacific on Wednesday booked the first back-to-back annual loss in its seven-decade history but said it was in the black for the second half and was upbeat about the next year. The firm’s report was its worst since 2008 during the global financial crisis, as lower-cost Chinese airlines ate into market share while it took a major hit from fuel costs. “Increased fuel costs are […]

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