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President Trump Optimistic About US-China Trade Talks

President Trump Optimistic About US-China Trade Talks

October 11, 2019 1:20 am

US President Donald Trump sounded an optimistic note at the end of the first day of US-China trade talks in Washington DC.

“We had a very, very good negotiation with China,” Mr. Trump told reporters after the talks wrapped up.

Mr. Trump will meet directly with Vice Premier Liu He at the White House on Friday. Earlier reports suggested the Chinese delegation might leave after the first day of talks. Asian markets followed Wall Street higher after Mr. Trump’s comments.

Thursday’s talks kicked off amid a backdrop of renewed tensions, as the US blacklisted 28 Chinese entities over human rights …

Wall Street Rises On Hopes Of U.S - China Trade Deal

Wall Street Rises On Hopes Of U.S – China Trade Deal

October 10, 2019 1:38 pm

U.S. stocks rose in early afternoon trading on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares lifted the technology sector.

Wall Street’s main indexes moved higher after President Donald Trump tweeted he would meet Chinese Vice Premier Liu He on Friday for further trade talks.

“The tweet … is giving market participants a reason to believe that perhaps a trade deal or at least a partial deal might be announced as early as tomorrow,” said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in New York.…

Police Shoot Hong Kong Protester At China's 70th Birthday

Protester Shot By Hong Kong Police At China’s 70th Birthday

October 1, 2019 9:30 am

Hong Kong police shot a pro-democracy protester on Tuesday as the city was lashed by its worst unrest of the year, hours after China celebrated 70 years of Communist Party rule with a massive military parade.

It was the first such shooting in nearly four months of increasingly violent protests and threatened to strip the spotlight from China’s carefully choreographed birthday party, designed to underscore its status as a global superpower.

While President Xi Jinping took salutes from some 15,000 troops in the capital, pro-democracy protesters in Hong Kong threw eggs at his portrait, with tens of thousands of people …

China Road Crash; 36 Killed, Another 36 Badly Hurt

East China Road Crash; 36 Killed, Another 36 Badly Hurt

September 29, 2019 9:43 am

At least 36 people died, and 36 others were injured in east China when a packed coach with a flat tyre collided with a truck, authorities said Sunday.

The bus was carrying 69 people — its maximum capacity — when it crossed into oncoming traffic and hit the freight truck on an expressway in eastern Jiangsu province on Saturday morning, the Yixing public security bureau said.

A preliminary investigation determined that the accident was caused by a flat tyre on the left front wheel of the bus, the bureau said in a statement.

Nine people were seriously injured, 26 were …

Oil prices fall on weak economic data from Europe , China

Oil prices fall on weak economic data from Europe , China

August 14, 2019 9:38 am

Oil prices fell on Wednesday on weak economic data from China and Europe and a rise in U.S. crude inventories, almost erasing the previous session’s sharp gains after the U.S. said it would delay tariffs on some Chinese products.

Brent crude LCOc1 was down $2.08, or 3.4 per cent, at $59.22 a barrel at 1214 GMT, after rising 4.7 per cent on Tuesday, the biggest percentage gain in a day since December.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were down $2.13, or 3.7 per cent, at $54.97 a barrel, having risen four per cent the previous session, the …

China to impose sanctions on US firms in Taiwan arms sale

China to impose sanctions on US firms in Taiwan arms sale

July 12, 2019 9:28 am

China on Friday said it would impose sanctions on US companies involved in a potential arms sale worth $2.2 billion to self-ruled Taiwan — a move that has infuriated Beijing.

“The US arms sale to Taiwan has severely violated the basic norms of international law and international relations,” said Chinese foreign ministry spokesman Geng Shuang in an online statement.

“In order to safeguard national interests, China will impose sanctions on US enterprises participating in this sale of weapons to Taiwan,” he said.

The planned weapons sale, the first transfer of big-ticket United States military gear to democratically-governed Taiwan in decades, …

China wants US to ‘immediately cancel’ arms sale to Taiwan

China wants US to ‘immediately cancel’ arms sale to Taiwan

July 9, 2019 9:50 am

China urged Washington Tuesday to “immediately cancel” the potential sale of $2.2 billion in weapons to Taiwan, including battle tanks and anti-aircraft missiles.

The US State Department’s decision to greenlight the first big-ticket US military sale to the self-ruled democratic island in decades comes amid already strained ties between Washington and Beijing.

“The sale of weapons by the United States to Taiwan… seriously violates the one-China principle… grossly interferes in China’s internal affairs and undermines China’s sovereignty and security interests,” said foreign ministry spokesman Geng Shuang.

Geng said that China has already lodged formal complaints through diplomatic channels expressing “strong …

China advises U.S. to stop using “extreme pressure” on Iran

China advises U.S. to stop using “extreme pressure” on Iran

June 18, 2019 2:35 am

The United States should not use “extreme pressure” to resolve issues with Iran, a senior Chinese diplomat said on Tuesday, amid a standoff following attacks on two oil tankers in the Gulf of Oman.

Fears of a confrontation between Iran and the United States have mounted since last Thursday when the two tankers were attacked. The United States has blamed on Iran, more than a year after President Donald Trump withdrew from a 2015 nuclear deal.

Iran has denied having any role in the attacks, and on Monday said it would soon breach limits on how much enriched uranium it …

Many thousands protest China extradition bill in Hong Kong

Many thousands protest China extradition bill in Hong Kong

June 9, 2019 9:45 am

Several hundred thousand people jammed Hong Kong’s streets on Sunday in a last bid to thwart a proposed extradition law that would allow suspects to be sent to China to face trial, with police bracing for the biggest march in the city in 15 years.

Police chiefs called for public restraint, government-funded broadcaster RTHK reported, as they mobilized more than 2,000 officers for a march that organizers expected to draw more than half a million people.

That would make it the biggest rally since a similar number turned out in 2003 to challenge government plans for tighter national security laws, …

China set to hit back at US with rare earths

China set to hit back at US with rare earths

May 29, 2019 6:09 am

President Xi Jinping’s visit to a rare earths plant last week had sparked speculation that China would use its dominant position as an exporter of rare earths to the United States as leverage in the trade war.

Rare earths are a group of 17 chemical elements used in everything from high-tech consumer electronics to military equipment. The prospect that their value could soar as a result of the trade war caused sharp increases in the share prices of producers, including the company visited by Xi.

While China has so far not explicitly said it would restrict rare earths sales to …

China denies US claim about Huawei’s government ties

China denies US claim about Huawei’s government ties

May 24, 2019 6:01 am

China ramped up a war of words with the United States over Huawei on Friday, accusing Washington of spreading “lies” about the telecom giant thrust to the centre of their trade war.

The fiery response came hours after US Secretary of State Mike Pompeo rejected Huawei’s denials that the Chinese company works with the Communist government.

The Trump administration has infuriated Beijing by blacklisting the smartphone and telecommunications company over worries that China uses it as a tool for espionage, and allegations of breaking sanctions on Iran.

Huawei has repeatedly denied it works with the Communist-led government.

“To say that …

China responsible for ozone-depleting emissions – Study

China responsible for ozone-depleting emissions – Study

May 23, 2019 7:00 am

China is to blame for much of the increase in illegal ozone-depleting substances (ODS) since 2013, according to a study published by the journal Nature on Thursday, with domestic companies accused of violating a global production ban.

About 40-60 per cent of the global rise in the prohibited ozone-destroying refrigerant trichlorofluoromethane (CFC-11) since 2013 could be attributed to the industrial provinces of Shandong and Hebei in northern China, researchers from Australia’s Commonwealth Scientific and Industrial Research Organisation and Britain’s University of Bristol said.

The Ministry of Ecology and Environment did not respond immediately to a request for comment on Thursday.
…

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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