Tag Archives: China

China, India got lot richer but refused to take on any more responsibilities: top US Senator 

“No one expected the Uruguay Round to be the last global trading round. Over the last two decades, countries like China and India got a lot richer, but they’ve refused to take on any more responsibilities,” Senator Chuck Grassley claimed. “In fact, they claim they are entitled to special treatment in any future negotiations because they are developing c […]

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China import expo to go ahead despite trade tensions, lingering coronavirus uncertainty 

Beijing is ramping up publicity for its third annual China International Import Expo (CIIE), as the country seeks to promote itself as a defender of free trade and linchpin for global economic recovery from the coronavirus pandemic.Despite growing tensions with major trading partners and ongoing economic uncertainty triggered by the pandemic, China is pushin […]

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India-China tensions will not influence AIIB as newly re-elected president vows to keep lender an ‘apolitical institution’ 

The China-backed Asian Infrastructure Investment Bank will remain an “apolitical institution” and will continue to back projects in India despite recent tensions in the disputed Himalayan border region, according to newly re-elected president Jin Liqun.Frictions between the two nations have cooled somewhat since the deadly clash last month, with both sides h […]

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BRICS plan a separate meet of foreign ministers, NSA ahead of September Summit 

Meetings of the five foreign ministers and NSA are important to shape the agenda of any BRICS Summit. This year’s meet has acquired extra significance as two of five members of the BRICS – India and China – were involved in a bitter standoff.

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Tencent’s offer to buy this Chinese search engine pumped its stock by 50% 

Chinese search engine Sogou‘s stock price jumped 50% after it revealed Tencent had proposed to buy all of the company’s remaining stock above asking price, delist it from the New York Stock Exchange, and take it private. Seeking future profits, traders immediately sent Sogou stock soaring by Monday’s market open. Tencent, China’s largest tech conglomerate va […]

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Tony Abbott fears China could source iron ore from west Africa and not need Australian exports 

Former prime minister Tony Abbott fears China could cripple Australia in the longer term by sourcing iron ore, used to make steel, from west Africa instead of Western Australia.

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Stocks shake off US-China tensions, focus on coronavirus vaccine progress 

The U.S. government has reached a $1.95 billion deal with Pfizer and BioNTech for 100 million doses of their experimental COVID-19 vaccine after it receives regulatory approval from the Food and Drug Administration.

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Downing Street distances itself from ‘Mike Pompeo’s WHO claim’ 

Downing Street today appeared to try to distance itself from Mike Pompeo’s alleged claim that the boss of the World Health Organisation had been ‘bought’ by China.

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COVID-19 vaccine trials from the University of Oxford and Wuhan both show early positive results 

There are more promising signs from ongoing efforts to develop a vaccine that’s effective in preventing COVID-19: Two early trials, one from the University of Oxford, and one from a group of researchers in Wuhan funded in part by the National Key R&D Programme of China. Both early trials showed efficacy in increasing the presence of antibody respons […]

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Britain suspends Hong Kong extradition treaty 

British Foreign Minister Dominic Raab expressed concerns over the new Hong Kong security law. China warned that the UK was heading down the “wrong path,” not long after sidelining Huawei from its future 5G network.

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China warns UK firms ‘retaliation is coming’ over Huawei 5G ban 

China has warned British businesses ‘retaliation is coming’ and they could be ‘in the firing line’ after the UK banned Huawei from the nation’s 5G network.

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‘I’m a Chinese writer, I write about this place and I don’t wish to go elsewhere,’ says Murong Xuecun 

Frosty beginnings: In the late 1950s and early 60s a great famine swept across China and my paternal grandfather starved to death. Fearing hunger, my grandmother fled from Shandong province to northeast China with her three children in tow, including my mother. She would go on to meet my father in a small village in Jilin province. The village was situated i […]

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China claims Australia ‘lacks backbone and is dependent on the US’ 

An editorial in the Chinese tabloid Global Times on Thursday said Australia has ‘cozied up’ to Washington and joined America’s ‘anti-China campaign’.

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View: The US needs to make India a bigger trade partner to counter China’s new playbook 

A budding alliance will be harder to cement without deeper economic ties. Not only does trade tend to cement alliances, but building up allied countries’ economies makes them much more able to resist military encroachments by rivals. The US once understood this, but in recent years seems to have forgotten this lesson.

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China says a US travel ban on Communist Party members would be ‘pathetic’ 

US media earlier reported the Trump administration was considering a travel ban on party members.

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