Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
BEIJING, China (AFP) – China’s Silk Road summit on Sunday will highlight the country’s plans to revive ancient trade routes from Asia to Europe and Africa with a massive network of rail and maritime links. The One Belt, One Road Initiative was unveiled by President Xi Jinping in 2013. Xi will host top officials from 28 nations for the two-day conference on the outskirts of Beijing, though few Western leaders will attend the meeting. Beijing’s […]
By Jean-Louis Doublet Agence France Presse Trade tensions spiked between Washington and Ottawa on Tuesday as United States President Donald Trump accused Canada of being “very rough” on America and threatened to retaliate against restrictions on US dairy products. Trump also touted his administration’s surprise decision late Monday to rekindle an old trade conflict with America’s second-largest trading partner by slapping new tariffs on Canadian softwood lumber. “People don’t realize, Canada has been very rough […]
BEIJING,China (AFP) — Chinese exports surged 16.4 percent year-on-year to $180.6 billion in March, official data showed Thursday, in a sign of stabilisation for the world’s second largest economy. The world’s largest trader in goods, China’s performance affects partners from Australia to Zambia, which have been hit as its expansion has slowed to levels not seen in a quarter of a century. The figures mark a dramatic turnaround for the country, which saw exports drop […]
by Robin MILLARD Agence France Presse STANDFORD-LE-HOPE, United Kingdom (AFP) — The first-ever freight train from Britain to China started its mammoth journey on Monday along a modern-day “Silk Road” trade route as Britain eyes new opportunities after it leaves the European Union. The 32-container train, around 600 metres (656 yards) long, left the vast London Gateway container port laden with whisky, soft drinks and baby products, bound for Yiwu on the east coast of […]
WELLINGTON, New Zealand (Reuters) — Chinese Premier Li Keqiang was officially welcomed to New Zealand on Monday (March 27) during a traditional ceremony at Wellington’s Government House. Welcomed by New Zealand’s governor-general with a traditional Maori Hongi, or nose rub, Premier Li and his wife Cheng Hong watched a traditional Haka being performed. The Chinese delegation were greeted by New Zealand’s Prime Minister Bill English and his wife Mary English before the Premier inspected the […]
SINGAPORE, Singapore (AFP) — French President Francois Hollande called Sunday for efforts to intensify the relationship between Europe and Asia in the face of resurgent “isolationism.” He was speaking in Singapore, the first stage of the last international tour of his five-year term which will also take him to Malaysia and Indonesia. “I appeal for us to intensify our exchanges, our trade, political and cultural agreements,” he said. “This is all the more necessary […]
SYDNEY, Australia (AFP) — China is not militarizing the disputed South China Sea, the country’s premier insisted in Australia on Friday, claiming defence equipment Beijing has installed on artificial islands is “primarily” for civilian use. The sea is a source of growing regional tension, with Beijing insisting it has sovereignty over virtually all the resource-rich waters, which are also claimed in part by a handful of other countries, and deemed international waters by most of […]
CANBERRA, Australia (AFP) — Australia urged China Thursday to press ahead with economic reforms as Premier Li Keqiang began a trade-focused visit amid growing fears of a US slide towards protectionism. China is Australia’s largest trade partner and its economic importance has grown in the Donald Trump era after the US president ripped into Australian Prime Minister Malcolm Turnbull in a decorum-breaking phone call, fraying relations. Turnbull said he hoped China and Australia could sign […]
NEW YORK, United States (AFP) — Australian center Andrew Bogut has been traded from the Dallas Mavericks to the Philadelphia 76ers in an NBA deal sending forward Nerlens Noel to Dallas, according to multiple reports Thursday. As the league’s transfer window slammed shut ahead of the resumption of games after the NBA All-Star Game break, teams made final moves to tweak rosters for playoff runs or reduce payrolls in hopes of free agency spending next […]
NEW YORK, United States (AFP) — Star center DeMarcus Cousins was traded from the Sacramento Kings to the New Orleans Pelicans on Monday in a blockbuster NBA trade deal involving five players and two draft picks. Cousins and forward Omri Casspi will join the Pelicans while New Orleans sent rookie guard Buddy Hield, swingman Tyreke Evans, guard Langston Galloway, a 2017 first-round NBA Draft pick and a 2017 second-round selection to the Kings. Cousins, averaging […]
by Andrew BEATTY / Jerome CARTILLIER Agence France Presse WASHINGTON, United States (AFP) — US President Donald Trump and Canada’s Prime Minister Justin Trudeau failed to paper over differences on the treatment of refugees during a joint public appearance Monday, but appeared to tone down harsh trade rhetoric. The two leaders avoided directly criticizing each other after a meeting in the White House, but made it clear they did not see eye-to-eye on Trump’s efforts […]
by Andrew BEATTY / Dave Clark Agence France Presse WASHINGTON, United States (AFP) — The White House warned China it will “defend” US and international “interests” in the South China Sea and that trade must be a “two-way street.” Signaling Donald Trump’s tough stance against Beijing on Monday, spokesman Sean Spicer said “the US is going to make sure we protect our interests” in the South China Sea. “If those islands are, in fact, in international […]
