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Xi Jinping

China to suspend US car tariffs in sign of easing trade tension

Beijing - DPA

China says it will suspend additional tariffs targeting US cars for three months starting January 1 in a sign of easing trade tensions between the world's two largest economies. Earlier this year, China imposed extra tariffs of 25 per cent on US cars, as retaliation for the US slapping tariffs on a variety of Chinese goods, including semiconductor chips and machinery parts.Read more

Huawei executive's bail hearing to resume Tuesday

Montreal - DPA

A jailed executive of Chinese telecom giant Huawei will need to wait at least one more day to find out whether she will be released on bail, after her hearing in a Canada court continued through Monday. Meng Wanzhou, who is Huawei's chief financial officer and the daughter of founder Ren Zhengfei, was arrested in Vancouver earlier this month atRead more

Trudeau denies political interference in arrest of Wanzhou

Montreal - DPA

Prime Minister Justin Trudeau said Thursday Canada's decision to arrest the chief financial officer of Chinese telecommunications giant Huawei at the request of the US was made "without any political involvement or interference." Meng Wanzhou, who is also deputy chair of Huawei's board and the daughter of company founder Ren Zhengfei, was arrested in Vancouver on Saturday and is facing extradition toRead more

Can US-China trade truce lead to a bigger grand bargain?

Andrew Hammond

US President Donald Trump on Sunday lauded “the incredible (trade) deal…one of the largest ever made” with Xi Jinping at the G20 in Argentina. Yet questions remain about whether the agreement will be no more than a temporary truce, or the beginnings of the bigger US-China grand bargain that Trump wants. Given the massive stakes in play, both sides stepping back fromRead more

Trump says next meeting with North Korea’s Kim likely in early 2019

Argentina - Arab Today

US President Donald Trump said on Saturday he is likely to meet North Korean leader Kim Jong Un in January or February and that three sites for their second meeting are under consideration. “We’re getting along very well. We have a good relationship,” Trump told reporters aboard Air Force One on his return from a G20 summit in Argentina. Trump added thatRead more

G20 set to open in Argentina with global trade concerns in focus

Buenos Aires - DPA

World leaders are set to open a two-day Group of 20 summit in Argentina on Friday, with global trade concerns set to dominate, while the flare up in Russia-Ukraine tensions and the fallout from the murder of Saudi dissident Jamal Khashoggi are also likely to feature. While there have been some signs that Chinese and US delegations could reach a ceasefire onRead more

Xi inspects PLA Southern Theater Command

Guangzhou - Xinhua

Chinese President Xi Jinping on Thursday inspected the Southern Theater Command of the People's Liberation Army and stressed advancing capacity-building for commanding. Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, ordered a thorough implementation of the Party's thought on building a strong army in the new era. Chinese PresidentRead more

Abe looks for a path through minefield between US and China

Andrew Hammond

Shinzo Abe on Thursday starts the first official trip to China by a Japanese prime minister in seven years. Amidst brewing bilateral tensions, and a legacy of bitter memories of World War II, a Donald Trump-sized window of opportunity may nonetheless now exist for a significant thawing of ties. Both Beijing and Tokyo have been disorientated by Washington in theRead more

China's Xi opens controversial bridge linking mainland to Hong Kong

Hong Kong - DPA

The controversial 55-kilometre Hong Kong–Zhuhai–Macau Bridge opened Tuesday with an official ceremony attended by Chinese President Xi Jinping. Fireworks played on a screen behind him at the ceremony, which was also attended by Hong Kong Chief Executive Carrie Lam and Chinese Vice Premier Han Zheng, according to the South China Morning Post. The mega bridge will help further integrate MacauRead more

Indonesian president says trade wars too destructive

Jakarta - Arab Today

Indonesian President Joko Widodo added to the chorus of criticism on Friday over trade friction between the US and China, telling financial leaders gathered in Bali, Indonesia, that victory in a trade war would be pointless in a “sinking world.” Widodo’s comments to the annual meeting of the International Monetary Fund and World Bank came as share markets rebounded afterRead more