Tag: china

Toshiba sells TV business to China’s Hisense

TOKYO, Japan (AFP) — Struggling Japanese conglomerate Toshiba said Tuesday it has decided to sell its television business to China’s Hisense Group as part of its efforts to restore its balance sheet. Toshiba agreed with the Chinese group to sell 95 percent in shares of its unit Toshiba Visual Solutions (TVS) for about 12.9 billion yen ($114 million), it said in a statement. “Toshiba has been considering structural reforms that will … strengthen Toshiba’s financial base,” the […]

China’s Premier says peace and friendly relations is what China and ASEAN both want

(Eagle News) — Chinese Premier Li Keqiang expressed China’s commitment to work with the Association of Southeast Asian Nations (ASEAN), saying that China as well as the ASEAN want to promote peace, solidarity in a region once marked by uncertainty. The South China Sea issue was not specifically raised in Li’s remarks, but he stressed that what his country wants with the ASEAN is “friendly relations” as well as a “strategic partnership.” -Divide bridged by […]

UPDATED: ASEAN, China agree to start talks on Code of Conduct in S. China Sea

(Eagle News) — Leaders of the Association of Southeast Asian Nations and China have agreed to start talks on the Code of Conduct in the South China Sea based on the Framework approved by the foreign ministers in August. Foreign Affairs spokesperson Robespierre Bolivar said this was announced by both sides in their statements delivered during the ASEAN-China Summit on Monday. The summit held at the Philippine International Convention Center was attended by Chinese Premier Li […]

Vietnam and China agree to back off conflicts in S. China Sea

HANOI, Vietnam (AFP) — Vietnam and China agreed Monday to back away from conflicts in the South China Sea, in a move aimed at easing tensions over Beijing’s claims to most of the waterway. The communist neighbors have long-sparred over the sea — to which Brunei, Taiwan and the Philippines also have partial claims — through which $5 trillion in shipping trade passes annually. China has built artificial islands and airstrips capable of hosting military […]

Dense fog strands more than 10,000 travelers at airport in southwest China city

CHENGDU, China (CCTV) — The dense fog enveloped parts of Chengdu City in southwest China’s Sichuan Province on early Monday morning, stranding more than 10,000 travelers at Shuangliu International Airport. By 08:00, the fog delayed 45 outbound flights and caused three inbound flights landing on the alternative fields. The fog began appearing around 04:00 Monday morning, reducing the visibility at the airport to less than 100 meters. The airport issued an alert for massive flight […]

South China Sea, North Korea issue discussed in Duterte’s bilateral talks with China’s Xi in Vietnam

  (Eagle News) — President Rodrigo Duterte had a bilateral meeting with People’s Republic of China President Xi Jinping on the sidelines of the APEC Summit at the Crowne Plaza Da Nang in Vietnam on November 11, 2017. The 72-year old Duterte discussed the issue of the South China Sea, North Korea, as well as strengthening the friendship between China and the Philippines during their bilateral talks. Joining the President were Foreign Affairs Secretary Alan […]

Three Chinese students hurt in car attack near Toulouse

  by Hugues Jeanneaud © Agence France-Presse TOULOUSE, France (AFP) — A man “deliberately” rammed his car into a group of pedestrians, injuring three Chinese students one of them seriously, near the French city of Toulouse on Friday, authorities said, adding that the attack was not linked to terrorism. The 28-year-old driver, who was arrested immediately afterwards in the city’s Blagnac suburb, “purposefully hit three people” on a crosswalk, Toulouse prosecutor Pierre-Yves Couilleau said. The suspect, a […]

Trump says US won’t tolerate other countries’ unfair trade practices anymore, to protect “America first”

  (Eagle News) – United States President Donald Trump criticized “unfair trade” practices of some countries which have hurt the US, saying that under his leadership, America would no longer tolerate unfair trade deals and theft of intellectual property that would put the US economy in jeopardy. In his speech before the Asia Pacific Economic Cooperation (APEC) meeting in Da Nang Vietnam, Trump repeated his policy of putting America first, in the same way that […]

After Trump’s state visit, China to widen foreign access to financial sector

  BEIJING, China (AFP) — China on Friday said it will further open the country’s financial markets to foreign firms, a key demand from the United States and Europe which have long complained about the strict limits on access to the giant economy. The announcement came after Donald Trump’s state visit to Beijing during which the US leader called for a more level playing field for American companies and measures to reduce a massive trade […]

For online retailers like Ali Baba, robotics changes the face of modern logistics

SHANGHAI / SUQIAN, Jiangsu Province, China (Reuters) — Bright red, grey and black, they are the robot postmen of the future, and are controlled from a command center 40 kilometers (25 miles) away by e-commerce giant JD.com. Online retailers Alibaba, JD.com and S.F. Express have been investing in drone programs they hope will one day perform so-called last-mile deliveries, especially in hard to reach rural areas. Others, like delivery firm BEST Inc, have begun testing […]

President Duterte to extend Vietnam stay for bilateral talks with China’s President Xi; ASEAN “worries” to be raised

  (Eagle News) – President Rodrigo Duterte will be extending his stay in Vietnam by two hours because of his bilateral meeting on Saturday with Chinese President Xi Jinping where he will discuss the country’s friendship with China as well as worries by the ASEAN on seeming militarization in the disputed South China Sea. Duterte said as the ASEAN chair he would have to bring the “voice of the ASEAN” in his bilateral meeting with […]

Trump and Xi to set out competing trade visions at APEC

DANANG, Vietnam (AFP) — The leaders of the the US and China, the world’s two largest economies, are expected to lay out competing visions for the future of global trade Friday in closely-watched speeches to Asia-Pacific leaders gathered in Vietnam. President Donald Trump is likely to wield his “America First” doctrine when he address CEOs ahead of the Asia Pacific Economic Cooperation (APEC) forum at the Vietnamese resort of Danang. In a day mixing big […]