Tag Archives: China

China’s credit growth poses challenge

Chinese banks kept up a strong pace of lending at the start of the year, even with signs of tightening by the central bank, highlighting the challenge Beijing faces as it tries to deflate asset bubbles without risking a blow

Made-in-China large passenger plane targets 2017 debut

China’s first homegrown big passenger plane will make its maiden voyage in the first half of this year, state media said Monday, as the country seeks to challenge foreign giants Airbus and Boeing. The C919 narrow-body jet is expected to

Tiger kills man at China zoo as horrified visitors watch

A tiger killed a visitor to a wildlife park in eastern China on Sunday after the man apparently entered its enclosure, the second such attack in just six months, media reports said. The incident occurred at the Youngor Wildlife Park

After 3 years, MH370 search ends with no plane, few answers

The search for the missing Malaysian Airlines flight MH370 has been called off, in a joint statement made by Australian, Malaysian and Chinese governments on Tuesday. For the past two years, authorities have combed a 120,000 square km patch of

Davos 2017: China’s Xi Jinping warns against protectionism

Xi Jinping

Chinese President Xi Jinping issued a stark warning against protectionism on Tuesday, as he championed globalization at a time it faces a major backlash in the West. He was speaking at the World Economic Forum in Davos, as the first

Davos 2017 kicks off with renewed focus

The World Economic Forum, which organizes the annual gathering of the global political and business elites in the Swiss ski resort of Davos, says the focus on economic growth, which has guided policymaking for decades, is no longer fit for

China seizes US underwater drone in South China Sea

A Chinese Navy warship has seized an underwater drone deployed by an American oceanographic vessel in international waters in the South China Sea, triggering a formal demarche from the United States and a demand for its return, a US defense

China’s Xi says ‘watching closely’ following US election

Chinese President Xi Jinping told former US Secretary of State Henry Kissinger on Friday that China was watching US politics “very closely” following the presidential election won by Republican Donald Trump. Trump lambasted China throughout the US election campaign, drumming

China urged to ‘stop organ harvesting’ from prisoners of conscience

Two Canadian lawyers came to Australia’s Parliament House on Monday to urge lawmakers to pass a motion calling on China to immediately end the practice of what they say is organ harvesting from prisoners of conscience. David Kilgour, a former

China’s Xi tells Trump cooperation is only choice

Chinese President Xi Jinping told US President-elect Donald Trump in a telephone call that cooperation was the only choice for relations between the two countries, Chinese state media said, in their first interaction since the US election. Trump had lambasted

Chinese firm charged with plotting to evade North Korea sanctions

The Justice Department on Monday unsealed criminal charges against a China-based company and four of its executives for conspiring to evade US economic sanctions that target North Korea’s nuclear weapons and ballistic missiles programs. Also Monday, the Treasury Department blacklisted

India PM says will ratify Paris climate pact next month

India, the world’s third-largest emitter of greenhouse gases, will formally join the Paris agreement on climate change on Oct. 2, Prime Minister Narendra Modi said on Sunday. The ratification by India, which follows that of the United States and China,

China’s Xi calls for appropriate handling of disputes with Britain

China and Britain should increase mutual political trust and appropriately handle disputes, Chinese President Xi Jinping told British Prime Minister Theresa May, as the two nations grapple with a delayed $8 billion nuclear power investment from China. Meeting May on

G20 promises on economy, but little concrete steps

Leaders from the world’s top economies broadly agreed at a summit in China on Monday to coordinate macroeconomic policies, but few concrete proposals emerged to meet growing challenges to globalization and free trade. At the two-day gathering in the scenic

New wave of anti-China activists set for Hong Kong vote win

A new wave of anti-China activists appeared headed for victory in Hong Kong’s most pivotal elections since the handover from Britain in 1997, which could set the stage for a fresh round of political confrontations over Beijing’s control of the

G20 summit to agree refugees a global issue

The G20 group will agree at their summit in China that refugees are a global issue and the burden must be shared, a senior European Union diplomat said Monday. “The communique reaffirms that it is a global issue, and requires

US has ‘grave differences’ with Russia over Syria

President Barack Obama said the United States and Russia were working on Sunday to try to finalize a ceasefire in Syria that would allow more deliveries of humanitarian aid in the war-torn country. A deal could be announced as early

Obama urges China to stop flexing muscles over South China Sea – CNN

China needs to be a more responsible power as it gains global influence and avoid flexing its muscles in disputes with smaller countries over issues like the South China Sea, US President Barack Obama told CNN in an interview to

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