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China

12 October 2018 15:09

  Official figures show China’s monthly trade surplus with the US hit a record high of over $34.13 billion in September, adding fuel to the fire of a worsening trade war. Figures released by the Chinese administration Friday showed the dollar-denominated exports to the US rose 14.5% from a year earlier, the fastest pace since February. The robust growth was well above August’s 9.8%...

10 October 2018 16:39

China has agreed to sell a batch of military-grade drones to Pakistan just days after India signed a multi-billion-dollar arms deal with Russia in defiance of US warnings against military transactions with Moscow. Pakistan's air force said Islamabad and Beijing will jointly produce 48 Wing Loong II UCAVs - unmanned combat aerial vehicles manufactured by China's  Chengdu Aircraft Industry Group. Wing Loong-II is China’s latest high-end strike-capable drone...

10 October 2018 16:19

Russia, China and North Korea have agreed on the need for five-way negotiations including the US and South Korea to resolve tensions on the Korean Peninsula, the Russian Foreign Ministry said on Wednesday. A ministry statement said deputy foreign ministers of the three countries expressed support for such talks to normalize relations among concerned nations during a meeting in Moscow on Tuesday. The development...

7 October 2018 22:33

  China's antigraft watchdog said late on Sunday that the Chinese authorities were investigating Meng Hongwei, the head of the global law enforcement organization Interpol who had been reported missing, for suspected violations of the law. Meng, who is also a vice minister of public security in China, had been reported missing by his wife after travelling last month from France, where...

6 October 2018 11:10

  The US trade deficit spiked in August to its highest level in six months as exports of tariff-targeted goods fell and imports hit a record high, suggesting that the trade war with China could lower economic growth in the third quarter. The US Commerce Department said on Friday the trade gap widened to $53.2 billion in August, an increase of 6.4...

2 October 2018 16:02

A Chinese woman has been jailed in the United States after pleading guilty to smuggling sensitive space and military communications technology back to China, the US Justice Department says. Si Chen, 33, was sentenced to 46 months in federal prison on Monday, after admitting in July that she had conspired to violate the International Emergency Economic Powers Act (IEEPA), a law...

29 September 2018 15:33

Soaring US-China tensions may lead to the cancellation of a major diplomatic and security meeting between officials of the two global economic powers next month amid their persisting trade war, sources have said. Two Beijing-based diplomatic sources briefed on the planned meetings were cited by media as saying that US Defense Secretary James Mattis and US Secretary of State Mike Pompeo...

28 September 2018 23:52

  Chinese Foreign Minister Wang Yi says the 2015 nuclear agreement Iran signed with major world powers is beneficial to the entire world and must be upheld. Speaking at the 73rd annual session of the United Nations General Assembly in New York on Friday, Wang said his country still supports the nuclear agreement, officially known as the Joint Comprehensive Plan of Action...

26 September 2018 10:37

US authorities have arrested a Chinese citizen living in Chicago over accusations of spying on American engineers and scientists, including defense contractors, on behalf of the Chinese government. The US Department of Justice (DOJ) announced in a press release on Tuesday that Ji Chaoqun had been arrested for "working at the direction of a high-level intelligence officer" in the Ministry of...

25 September 2018 16:29

A senior Chinese official has ruled out more trade talks with the United States under pressure, a day after American tariffs imposed by the Washington on Chinese goods took effect. “Now that the US has adopted this type of large-scale trade restrictions, they’re holding a knife to someone’s throat. Under these circumstances, how can negotiations proceed?” Vice Commerce Minister Wang Shouwen...

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