US President Donald Trump has said that maintaining strong and cooperative relations with China is more beneficial than confrontation, adding that ties between the two countries are currently improving. Read More: China tightens grip before Trump summit In an interview with an American television channel, Trump said relations between Washington and Beijing are moving in a positive direction […]
China-US relations
China warns against US decoupling, urges pragmatic cooperation
Chinese Foreign Minister Wang Yi cautioned against hasty calls in the United States to decouple from China, emphasizing that knee-jerk policies could damage bilateral relations and destabilize global supply chains. Speaking at the Munich Security Conference, Wang highlighted that cooperation between Washington and Beijing remains the most constructive path for both nations. He urged […]
China and US pledge to stabilize ties at Munich meeting
ISTANBUL – Chinese Foreign Minister Wang Yi and US Secretary of State Marco Rubio met on Friday on the sidelines of the Munich Security Conference, agreeing to strengthen dialogue and promote the stable development of China U.S. relations. Read More: US counters China with Bangladesh defence pitch Wang highlighted that Chinese President Xi Jinping and U.S. President Donald […]
Trump blocks HieFo acquisition of Emcore assets on national security grounds
WASHINGTON: US President Donald Trump has blocked a proposed acquisition involving photonics firm HieFo Corp, citing national security and China-related concerns. The decision halts HieFo’s planned purchase of assets belonging to New Jersey-based aerospace and defence specialist Emcore. In an order released by the White House on Friday, President Trump said HieFo was “controlled by […]
China criticises US seizure of ships over Venezuela oil
China on Monday strongly criticised the United States (US) for seizing Venezuela oil, calling the move a serious violation of international law. The reaction followed the interception of a China-bound oil tanker off the coast of Venezuela by US authorities. Read More: China defends Venezuela, condemns US economic measures Speaking at a regular press briefing in Beijing, Chinese foreign […]
Markets wobble in Asia as blockbuster data fan taper fears
Hong Kong: Asian markets fluctuated Friday after another set of bumper US economic data reinforced recovery optimism but added fuel to concerns that the Federal Reserve will be forced to tighten its ultra-loose monetary policies sooner than expected. Wary traders were also keeping tabs on China-US relations after Joe Biden almost doubled the number of […]